October 2025 APCA MARKET PENETRATION RESEARCH www.ContinuumCapital.net Study Era’s Defined (2 of 4) Phase 1 – 2000 to 2007 – Defined by the following factors: • Housing boom reshaping markets across the country but concentrated in the South and Southwest from Virginia, down to the gulf coast, across to Arizona. • Distribution system growth geography favored merit shop contractors. • Routine transmission, hazardous liquid, and gathering activity at relatively stable level – 4000 to 6000 miles annually. – 2002 and 2006 peak mileage primarily captured by union contractors. • Growth in union workforce from 5,000 to 15,000 or annualized CAGR growth of 18% • Growth in merit shop workforce from 45,000 to 51,000 peak in 2005 or annualized CAGR growth of 2%. 35 Interpretive Note: Union and Merit Shop Workforce size lines are not stacked. Source: Propriety Continuum analysis and modeling of workforce size; Propriety Continuum analysis of PHMSA raw data, 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 2000 2001 2002 2003 2004 2005 2006 2007 Mileage Workforce Size Gas T, HL, & Gath. Mileage Union Workforce Size Merit Workforce Size Phase 1 – 2000 to 2007
RkJQdWJsaXNoZXIy MjE3MDU=