MYR Group: Shift Towards Clean Energy And Growing Demand For Data Centre
MYR(MYRG) Seeking Alpha·2024-06-10 21:23
Arctic-Images Synopsis MYR Group (NASDAQ:MYRG) is a leading specialty contractor in the US and Canada that operates in the commercial, industrial, and electric utility infrastructure sectors. Over the last three years, MYRG’s contract revenue has shown consistent growth. However, its margins over the same period have been contracting, but I do note that they were modest. Currently, there is a shift in the energy generation mix in the US and Canada, and this shift is anticipated to bolster MYRG’s outlook ...