Zacks Initiates Coverage of PERMA-PIPE With Outperform Recommendation
Perma-Pipe(PPIH) zacks.com·2024-05-17 20:21
Texas-based PERMA-PIPE, a leader in pre-insulated piping and coatings, is set to leverage major global and regional trends. Accepted into Qatar's Tawteen program, the company stands to benefit from QatarEnergy's aggressive LNG capacity expansion. This initiative, part of Qatar's National Vision 2030, aims to boost annual LNG production from 77 million mtpa to 126 million mtpa by 2026, necessitating extensive infrastructure development. As a pivotal player in this expansion, PERMA-PIPE's involvement in const ...