MYR Group Inc (MYRG) Sector
Industrials

(Current) $197.99
-5.93 (-2.91%) Open Price: 203.80

 

MYR Group was founded in 1995 as a holding company, combining legacy electrical contractors such as L.E. Myers, Sturgeon Electric, and Harlan Electric under one banner. Over time, it evolved through acquisitions and expansions to become a leading specialty electrical infrastructure contractor in North America. Its public listing, changes in ownership, and capital investments have supported its growth across multiple regions and project types.

 

Operationally, MYR Group organizes its business into two main segments: Transmission & Distribution (T&D) and Commercial & Industrial (C&I) electrical contracting. Under T&D, the company undertakes the construction, maintenance, and upgrade of electric transmission lines, distribution networks, substation facilities, and related grid infrastructure—often including clean energy and renewable linkage projects. In its C&I segment, MYR serves industrial, commercial, and institutional clients, delivering interior and exterior electrical systems, power and lighting installations, control systems, and support for large facilities and campuses.

 

In positioning, MYR Group seeks to be a premier electrical infrastructure partner that bridges utility-scale grid work and complex commercial electrical systems. Its dual-segment structure provides diversification—balancing exposure to utility infrastructure investments with steadier commercial/industrial demand. Its reputation is bolstered by technical expertise, geographic reach across the U.S. and Canada, and an ability to execute projects ranging from major transmission lines to detailed facility electrification. Because the energy transition and grid modernization trends place demand on both transmission upgrades and built-environment electrification, MYR is well-positioned to capture growth in both legacy and emerging power infrastructures.

 



 

 

(10/09/25) $203.80
(10/10/25) $203.92
(10/10/25) (Qty.)235,362
(10/09/25) $200.10
(10/09/25) $207.32
(09/21/25) $176.76
(09/28/25) $211.74
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