The huge drop in oil prices since the summer of 2014 has led to several pipeline projects being delayed or canceled and to an increase in layoffs, corporate mergers and bankruptcies. However, Primoris Services Corp. (PSC) has bucked that industry trend. The company's diverse business plan led to record revenues of $2.08 billion in 2014 — the first time the company exceeded the $2 billion mark — and only a slight decline in 2015 with earnings of more than $1.9 billion.
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