© Reuters. MasTec +56% on $1.5B-plus pipeline construction award
- MasTec (MTZ +5.9%) is off to a strong start after announcing a large project pipeline construction award with an expected contract value of more than $1.5B, with activity for the U.S.-based award expected to begin in 2018.
- MTZ says it will provide further information regarding activity in its large project pipeline market, which includes recent oil and gas awards totaling nearly $2B, during its Q3 earnings call in early November.
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