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 Ultra Club
$500/ 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 (NEC)

This company is also listed in the United States as NOA. Click here to get the live US quote and see if there are any SEC insider filings..
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
Executive Chairman of the Board
Joseph C. Lambert
President, Chief Executive Officer, Director
Jason William Veenstra
Chief Financial Officer, Executive Vice President
Barry W. Palmer
Chief Operating Officer
Jordan A. Slator
Vice President, General Counsel
David G. Kallay
Vice President, Human Resources, Health, Safety, Environment
Business Overview
North American Construction Group Ltd. is a Canada-based company that provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors within Western Canada but also in other parts of Canada, the United States and Australia. The Company's operating divisions include Heavy Construction and Mining, and Equipment Maintenance Services. The Heavy Construction and Mining division is engaged in hard rock and oil sands mining, overburden removal, mine site development, and mine reclamation. This division also provides constructability design reviews, budgetary cost estimates, and a range of planning and scheduling services. The Equipment Maintenance Services division offers maintenance procedures on-site, as well as in its multiple shop facilities. It provides various services, including fuel and lube servicing options, portable steaming, equipment inspections, hose manufacturing and onsite haul truck brake testing.
Financial Overview
For the six months ended 30 June 2022, North American Construction Group Ltd revenues increased 12% to C$344.7M. Net income decreased 5% to C$21.1M. Revenues reflect Operations support services segment increase of 12% to C$317.1M, Equipment and component sales segment increase from C$1.9M to C$24.6M. Net income was offset by FV/Uls Adjust on Derivatives for Hedging decrease from C$2.7M (income) to C$0K.
Employees: 195 as of Jun 30, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $755.69M as of Jun 30, 2022
Annual revenue (TTM): $691.70M as of Jun 30, 2022
EBITDA (TTM): $161.59M as of Jun 30, 2022
Net annual income (TTM): $50.35M as of Jun 30, 2022
Free cash flow (TTM): $41.92M as of Jun 30, 2022
Net Debt Last Fiscal Year: $387.05M as of Jun 30, 2022
Shares outstanding: 27,314,372 as of Jun 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization