Adding some PPIH on great news just out. Another $27M in contracts. After the stock has dropped from $12 last week (and I thought it was cheap there) to below $9 today...would love to know what the sellers are buying instead...
Perma-Pipe International Awarded Several Projects Worth Over $27M In The Americas And MENA region
BENZINGA 2:19 PM ET 4/9/2025
Symbol Last Price Change
PPIH 9.37down +0.14 (+1.5168%)
QUOTES AS OF 03:19:27 PM ET 04/09/2025
Perma-Pipe International Holdings, Inc. (PPIH) today announced it has been awarded several projects in the Americas and MENA region with an aggregate value in excess of USD $27 million.
These projects will utilize Perma-Pipe's(PPIH) anti-corrosion coating capabilities, and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing.
Multiple awards for the provision of anticorrosion coating services for the oil and gas markets in Western Canada and the U.A.E.
Multiple awards for the provision of double-containment and pre-insulated piping solutions for data center and industrial expansion projects in the U.S. and Saudi Arabia
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