NewsTradingSentimentCalendarCommunityBriefing
Sign in
Stocks LIVE

Quanta's Q2 Revenue Surge Drives Record Backlog and Guidance Hike

By Stocks Desk · 2026-09-10 · Updated 2026-09-11 03:43 UTC
High-voltage power transmission towers standing in a rural landscape
Illustration: Tradingbird

Quanta Services has cemented its status as the top performer in its sector with a 41.1% revenue surge and record backlog, prompting a significant raise in 2026 guidance. The company's standout results have allowed PWR shares to outpace industry peers, who delivered mixed earnings and saw limited stock price movement.

  • According to GN markets/earnings (en-US), Quanta posted the largest estimate beat and guidance hike among its four tracked energy services peers, driving an 11.8% jump in shares to $627.50 while peers like Ameresco and FTAI Infrastructure saw mixed or flat market reactions.

    Source: GN markets/earnings (en-US)

  • Quanta Services delivered a dominant second quarter with revenue up 41.1% and a record backlog, prompting a significant raise in full-year 2026 financial expectations.

    Source: GN markets/earnings (en-US)
Based on reporting by GN markets/earnings (en-US) and GN markets/earnings (en-US), compiled by the Tradingbird desk.

Read next

More in Stocks
A silhouette of a crude oil pump jack against a horizon
Stocks · Energy

Futures Rise as Oil Retreats Ahead of August CPI Data

Equity futures advanced Friday morning, reversing some of the week's losses as crude oil prices dropped sharply. This pullback in energy costs occurred just hours before the release of the August consumer price index, a critical data point for Federal Reserve rate expectations.

2026-09-11Illustration: Tradingbird
A single black oil barrel standing on a concrete dock
Stocks · Energy

Oil surge above $100 pressures US equities and bond yields

Brent crude breached $108 as the Iran conflict persists, driving inflation data higher and increasing the probability of Federal Reserve rate hikes.

2026-09-11Illustration: Tradingbird
A dark silhouette of an oil pumpjack moving against a flat, light-colored horizon line.
Stocks · Energy
LIVE · 2 updates · last 11:59 UTC

Buccaneer Energy Shares Jump 15% On Production Gains

Buccaneer Energy shares spiked 15% after CEO Paul Welch announced that Texas production has doubled since mid-2024, generating enough free cash flow to fund a new push into European gas exploration. Despite ambitious targets for a $500m asset portfolio, analysts caution that the move remains speculative given the company's small market cap and history of dilution.

2026-09-11Illustration: Tradingbird

More from the Stocks desk

All desk stories