North American Construction

NOA

Market cap $415M

North American Construction is upgraded to a 'Buy' as Australian mining growth and contract renewals drive improved asset utilization and revenue visibility. NOA stock trades at a steep discount to peers, suggesting significant upside if valuation normalizes. Strong Australian backlog, asset redeployment, and improved liquidity position the company for a potential 30% stock price increase in the coming year.

North American Construction Group Ltd. ( NOA:CA ) Q3 2025 Earnings Call November 13, 2025 9:00 AM EST Company Participants Jason Veenstra - Chief Financial Officer Joseph Lambert - President, CEO & Director Conference Call Participants Aaron MacNeil - TD Cowen, Research Division Adam Thalhimer - Thompson, Davis & Company, Inc., Research Division Maxim Sytchev - National Bank Financial, Inc., Research Division Sean Jack - Raymond James Ltd.

North American Construction (NOA) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.5 per share. This compares to earnings of $0.85 per share a year ago.

ACHESON, Alberta, Oct. 22, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG”) (TSX: NOA / NYSE: NOA) announced today that it has successfully closed its previously announced private placement offering (the “Offering”) of an additional $125 million aggregate principal amount of its 7.75% Senior Unsecured Notes due May 1, 2030 (the “Notes”), representing an additional issuance to the $225 million aggregate principal amount of 7.75% Senior Unsecured Notes issued on May 1, 2025 (the “Initial Notes”). Following the closing of the Offering, there is a $350 million aggregate principal amount of Initial Notes and Notes outstanding. The Notes have identical terms (except for their issuance date, issuance price, and initial interest accrual date) and are fungible (following the expiry of the applicable statutory hold period) with and are part of the same series as the Initial Notes.

Three Oil & Gas equipment stocks surged into the top decile of the value rankings this week, marking a notable shift in investor sentiment toward undervalued industrial players.

ACHESON, Alberta, Oct. 07, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG”) (TSX: NOA / NYSE: NOA) announced today that it has entered into an underwriting agreement with a syndicate of underwriters to sell, pursuant to a private placement offering (the “Offering”), an additional $125 million aggregate principal amount of its 7.75% senior unsecured notes due May 1, 2030 (the “Notes”), representing an additional issuance to the $225 million aggregate principal amount of 7.75% senior unsecured notes issued on May 1, 2025 (the “Initial Notes”). The Offering is being led by National Bank Capital Markets, including its U.S. affiliates, ATB Securities Inc., Scotia Capital Inc., TD Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Canaccord Genuity Corp., and Raymond James Ltd. Following the closing of the Offering, there is expected to be $350 million aggregate principal amount of Initial Notes and Notes outstanding.

North American Construction Group Ltd. (NYSE:NOA ) Q2 2025 Earnings Conference Call August 14, 2025 9:00 AM ET Company Participants Jason William Veenstra - Chief Financial Officer Joseph C.

U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Thursday.

North American Construction (NOA) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.57 per share a year ago.

ACHESON, Alberta, Aug. 13, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG”) (TSX:NOA/NYSE:NOA) today announced results for the second quarter ended June 30, 2025. Unless otherwise indicated, financial figures are expressed in Canadian dollars, and comparisons are to the prior second quarter ended June 30, 2024.