Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

North American Construction Group Ltd. (T:NOA)

Business Focus: Oil Related Services and Equipment

Log in or join to add this stock to your watch list.
Sector:  Energy Industry:  Oil Related Services and Equipment
 
See Regulatory Filings on SEDAR
Company Contact
Address: 27287 100 Ave
ACHESON AB T7X 6H8
Tel: N/A
Website: www.nacg.ca
IR: See website
Key People
Martin R. Ferron
Chairman of the Board, Chief Executive Officer
Joseph C. Lambert
President, Chief Operating Officer
Jason William Veenstra
Chief Financial Officer, Executive Vice President
Barry W. Palmer
Vice President - Heavy Construction and Mining Operations
Jordan Slator
General Counsel, Secretary
 
Business Overview
North American Construction Group Ltd, formerly North American Energy Partners Inc, is a Canada-based provider of a range of mining and heavy construction services to customers in the resource development and industrial construction sectors within Western Canada. The Company's operating divisions include Heavy Construction and Mining; Industrial, and Tailings & Environmental Construction. Its Heavy Construction and Mining division is engaged in hard rock and oil sands mining, overburden removal, mine site development and mine reclamation. Its Industrial division offers services, which include site development, installation of underground utilities and piping, concrete foundations, facilities and infrastructure construction, and design/build services. The Tailings and Environmental Construction division performs a range of tailings, reclamation and environmental construction services, including oil sands tailings remediation; management of mine tailings.
Financial Overview
For the six months ended 30 June 2019, North American Construction Group Ltd revenues increased 87% to C$363.3M. Net income increased 89% to C$21.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Loss on sublease decrease from C$1.7M (expense) to C$0K, Gain on disposal of assets held for sale increase of 89% to C$372K (income).
Employees: 174 as of Jun 30, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $787.85M as of Jun 30, 2019
Annual revenue (TTM): $579.23M as of Jun 30, 2019
EBITDA (TTM): $125.16M as of Jun 30, 2019
Net annual income (TTM): $25.20M as of Jun 30, 2019
Free cash flow (TTM): -$0.78M as of Jun 30, 2019
Net Debt Last Fiscal Year: $387.79M as of Jun 30, 2019
Shares outstanding: 27,250,165 as of Jul 9, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization