NOA

North American Construction

19.02 USD
-0.48
2.46%
At close Jan 31, 4:00 PM EST
1 day
-2.46%
5 days
-5.75%
1 month
-11.99%
3 months
-2.61%
6 months
-4.71%
Year to date
-12.43%
1 year
-17.27%
5 years
74.50%
10 years
555.86%
 

About: North American Construction Group Ltd is Canada's heavy civil construction and mining contractor provider. The company has provided services to oil, natural gas, and resource companies. The Company provides a wide range of mining and heavy civil construction services to customer in the resource development and industrial construction sectors within Canada, the United States, and Australia. The Company's reportable segments are Heavy Equipment - Canada, Heavy Equipment - Australia, and Other. Heavy Equipment - Canada and Heavy Equipment - Australia include all of aspects of the mining and heavy civil construction services provided within those geographic areas. Other includes our mine management contract work in the United States, its external maintenance and rebuild programs.

Employees: 1,281

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,017% more call options, than puts

Call options by funds: $335K | Put options by funds: $30K

4% less capital invested

Capital invested by funds: $339M [Q2] → $324M (-$15.1M) [Q3]

9% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 33

3.34% less ownership

Funds ownership: 65.66% [Q2] → 62.32% (-3.34%) [Q3]

6% less funds holding

Funds holding: 86 [Q2] → 81 (-5) [Q3]

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9

60% less funds holding in top 10

Funds holding in top 10: 5 [Q2] → 2 (-3) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for NOA.

Financial journalist opinion

Based on 3 articles about NOA published over the past 30 days

Neutral
GlobeNewsWire
3 days ago
North American Construction Group Ltd. Announces Early Redemption of 5.5% Debentures Due June 30, 2028
ACHESON, Alberta, Jan. 29, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) announced today that it has delivered notice to the holders of the Company's outstanding 5.5% convertible unsecured subordinated debentures due June 30, 2028 (the “Debentures”) that pursuant to Section 4.3 of the trust indenture governing the Debentures dated June 1, 2021 (the “Trust Indenture”), the Company will, effective February 28, 2025 (the “Redemption Date”), redeem all issued and outstanding Debentures, plus accrued interest thereon.
North American Construction Group Ltd. Announces Early Redemption of 5.5% Debentures Due June 30, 2028
Neutral
GlobeNewsWire
3 weeks ago
North American Construction Group Ltd. Announces Entering into Automatic Share Purchase Plan
ACHESON, Alberta, Jan. 07, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced that, in connection with the Company's previously announced normal course issuer bid (the “NCIB”) to purchase, for cancellation, up to 2,087,577 common shares in the capital of the Company (“Common Shares”), it has entered into an automatic share purchase plan (“ASPP”) with its designated broker.
North American Construction Group Ltd. Announces Entering into Automatic Share Purchase Plan
Neutral
Seeking Alpha
3 weeks ago
North American Construction Will Start To Fire From All Cylinders (Upgrade)
North American Construction Group Ltd.'s diversified contracts in Australia and Canada, coupled with improved fleet utilization, are expected to drive significant revenue and EBITDA growth in 2025. Despite high debt, improved profit margins and cash flow recovery are anticipated, enabling NOA to reduce leverage and increase dividends.
North American Construction Will Start To Fire From All Cylinders (Upgrade)
Positive
Zacks Investment Research
1 month ago
North American Construction Boosts Backlog With Australian Project
NOA's subsidiary in Australia wins an early works and development contract in New South Wales for a long-life copper mine.
North American Construction Boosts Backlog With Australian Project
Neutral
GlobeNewsWire
1 month ago
North American Construction Group Ltd. Announces Award of Australian Civil Construction Project
ACHESON, Alberta, Dec. 11, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced that the MacKellar Group (“MacKellar”) has been awarded an early works and development contract by a major copper producer in the Australian state of New South Wales. The project involves a wide range of production-related activities required for mining but is primarily based on the establishment of site infrastructure in a new mining area, initial overburden removal, and the closure of a previously used reclamation facility.
North American Construction Group Ltd. Announces Award of Australian Civil Construction Project
Neutral
GlobeNewsWire
1 month ago
North American Construction Group Ltd. Announces Regional Services Contract and Outlook for 2025
ACHESON, Alberta, Dec. 05, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced the award of an extended and amended regional services contract by a major producer in the Canadian oil sands region and an outlook for the full year of 2025 along with updated estimates for the fourth quarter of 2024.
North American Construction Group Ltd. Announces Regional Services Contract and Outlook for 2025
Positive
Zacks Investment Research
2 months ago
NOA Boosts Backlog With New Heavy Civil Infrastructure Project
North American Construction's new contract win with its Mikisew Group partnership bodes well for backlog growth.
NOA Boosts Backlog With New Heavy Civil Infrastructure Project
Neutral
GlobeNewsWire
2 months ago
North American Construction Group Ltd. Announces Award of Heavy Civil Construction Project
ACHESON, Alberta, Nov. 21, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced that Mikisew North American Limited Partnership (“MNALP”) has been awarded a heavy civil construction contract by a major producer in the oil sands region. The project involves building large diversion ditches to redirect water from upstream catchments away from active mining areas and releasing into downstream locations.
North American Construction Group Ltd. Announces Award of Heavy Civil Construction Project
Neutral
Seeking Alpha
3 months ago
North American Construction Group Ltd. (NOA) Q3 2024 Earnings Call Transcript
North American Construction Group Ltd. (NYSE:NOA ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Joe Lambert - President and CEO Jason Veenstra - Chief Financial Officer Conference Call Participants Aaron MacNeil - TD Cowen Yuri Lynk - Canaccord Genuity Adam Thalhimer - Thompson Davis Maxim Sytchev - National Bank Financial Tim Monachello - ATB Capital Markets Devin Schilling - Ventum Financial Operator Good morning, ladies and gentlemen.
North American Construction Group Ltd. (NOA) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
3 months ago
North American Construction (NOA) Surpasses Q3 Earnings Estimates
North American Construction (NOA) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.37 per share a year ago.
North American Construction (NOA) Surpasses Q3 Earnings Estimates
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