NOA

North American Construction

21.27 USD
+0.03
0.14%
At close Dec 24, 4:00 PM EST
1 day
0.14%
5 days
1.92%
1 month
6.14%
3 months
10.49%
6 months
10.09%
Year to date
1.77%
1 year
-0.14%
5 years
75.21%
10 years
554.46%
 

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 6,809 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 (-$14.7M) [Q3]

9% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 33

3.26% less ownership

Funds ownership: 65.58% [Q2] → 62.32% (-3.26%) [Q3]

6% less funds holding

Funds holding: 86 [Q2] → 81 (-5) [Q3]

50% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 10

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

Positive
Zacks Investment Research
1 week 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
2 weeks 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
2 weeks 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
1 month 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
1 month 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
1 month 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
1 month 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
Neutral
GlobeNewsWire
1 month ago
North American Construction Group Ltd. Announces Normal Course Issuer Bid
ACHESON, Alberta, Oct. 30, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced that it intends to commence a 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”), which represents approximately 10% of the public float (as defined in the TSX Company Manual) and approximately 7.5% of the issued and outstanding Common Shares as of October 24, 2024. As at October 24, 2024, the Company had 27,827,282 Common Shares issued and outstanding.
North American Construction Group Ltd. Announces Normal Course Issuer Bid
Neutral
GlobeNewsWire
1 month ago
North American Construction Group Ltd. Announces Results for the Third Quarter Ended September 30, 2024
ACHESON, Alberta, Oct. 30, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. ("NACG") (TSX:NOA.TO/NYSE:NOA) today announced results for the third quarter ended September 30, 2024. Unless otherwise indicated, financial figures are expressed in Canadian dollars and compared to the prior period ended September 30, 2023.
North American Construction Group Ltd. Announces Results for the Third Quarter Ended September 30, 2024
Neutral
GlobeNewsWire
2 months ago
North American Construction Group Ltd. Announces Credit Facility Extension
ACHESON, Alberta, Oct. 25, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced it has finalized an extension and amendment of its senior secured credit facility (the “Credit Facility”). The maturity date has been extended by one year to October 3, 2027. In addition to the extension, the capacity has been increased to provide greater flexibility in operating the Company's Australian and Canadian businesses.
North American Construction Group Ltd. Announces Credit Facility Extension
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