Derrick Jensen, Chief Financial Officer of Quanta Services, Inc. (NYSE:PWR) said,"We will continue to focus on the strong cash flow of our base business and concentrate on mitigating the more pronounced fluctuations in cash flow associated with the working capital requirements of larger projects. Overall, our capital priorities remain the same, with a focus on ensuring adequate resources for working capital, capital expenditures and organic growth with an opportunistic approach towards acquisitions and other strategic investments."
Quanta Services, Inc. is one of the leading providers of specialized services for infrastructures in the United States. Net sales break down by area of activity as follows:
- electric power (58.7%): design, installation, repair and maintenance of onshore infrastructures, consulting and technical support services, etc.;
- oil and gas (27.2%): construction, installation and maintenance of onshore infrastructures (pipelines, production facilities, etc.) and offshore infrastructures (submarine pipelines, oil platforms, etc.) and logistics services;
- renewable energies (14.1%): engineering, construction, maintenance and repair of wind, solar and hydroelectric power generation facilities.
Net sales break down geographically as follows: the United States (85.3%), Canada (12%), Australia (1.7%) and other (1%).
QUANTA SERVICES, INC. 
