Argan, Inc. (AGX)

61.21 -0.42 (-0.68%) At close: 04:00PM EDT

Argan, Inc.

One Church Street
Suite 201
Rockville, MD 20850
United States
301 315 0027
https://www.arganinc.com

Sector(s): Industrials
Industry: Engineering & Construction
Full-time employees: 1,214

Key executives

Name	Title	Pay	Exercised	Year born
Mr. David Hibbert Watson CPA	CEO, President & Director	638.48k	N/A	1975
Mr. Richard Hank Deily	CFO, Senior VP, Treasurer & Corporate Secretary	856.62k	N/A	1954
Mr. Charles Edwin Collins IV	Chief Executive Officer of Gemma Power Systems, LLC	2.11M	N/A	1977
Mr. Terrence Trebilcock	President of Gemma Power Systems, LLC	1.17M	N/A	1971

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market. The company operates through Power Services, Industrial Services, and Telecom Services segments. The Power Services segment offers engineering, procurement, and construction, as well as designing, building, and commissioning of large-scale energy projects to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 18 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and other commercial firms. The Industrial Services segment provides industrial construction and field services and vessel fabrication services for fertilizer, engineering and construction, forest products, and various other industrial companies in southeast region of the United States. The Telecom Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks. This segment serves electricity cooperative, state and local government agencies, counties and municipalities, and technology-oriented government contracting firms, as well as federal government facilities in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Rockville, Maryland.

Corporate governance

Argan, Inc.’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 5; Board: 4; Shareholder rights: 4; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.