Jun 09, 2020 / 04:40PM GMT
Noelle Christine Dilts - Stifel, Nicolaus & Company, Incorporated, Research Division - VP & Analyst
Hi. Good afternoon. This is Noelle Dilts, I'm an industrial analyst here at Stifel, covering specialty engineering and construction. We're joined next by Quanta Services, which is a $5.9 billion market cap company. We are buy rated with a $46 target, and it is our select list pick.
So on the line today, we have Duke Austin, CEO; Derrick Jensen, CFO; Paul Gregory, who is President of Pipeline and Industrial; as well as the Chief Strategy Officer and IR, Kip Rupp.
Questions and Answers:
Noelle Christine Dilts - Stifel, Nicolaus & Company, Incorporated, Research Division - VP & AnalystSo we're going to jump right into Q&A. (Operator Instructions) And so with that, we'll kind of move into questions. So Duke, I thought kind of a place to start might be just around getting a bit of an update around how the coronavirus crisis is impacting your business. With the first quarter, the electric T&D business had been relatively