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North American Construction Group Ltd.

North American Construction Group Ltd.

NYSE•NOA
CEO: Mr. Joseph C. Lambert
Sector: Energy
Industry: Oil & Gas Equipment & Services
Listing Date: 2006-11-22
North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments. It also offers mine management services for thermal coal mines; and construction and operations support services in the Canadian oil sands region. In addition, the company provides fully maintained heavy equipment rentals and full service mine operations support at metallurgical and thermal coal mines; heavy equipment rentals to iron ore, gold and lithium producers; and heavy equipment maintenance, component remanufacturing, and full equipment rebuild services to mining companies and other heavy equipment operators, as well as supplies production-critical components to the mining and construction industry. As of December 31, 2023, it operated a heavy equipment fleet of 900 units. The company was formerly known as North American Energy Partners Inc. and changed its name to North American Construction Group Ltd. in April 2018. North American Construction Group Ltd. was incorporated in 1953 and is headquartered in Acheson, Canada.
Contact Information
27287 - 100 Avenue, Acheson, AB, T7X 6H8, Canada
780-960-7171
nacg.ca
Market Cap
$402.10M
P/E (TTM)
15.9
18.1
Dividend Yield
2.5%
52W High
$22.08
52W Low
$12.12
52W Range
17%
Rank47Top 48.2%
3.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$230.40M+10.59%
4-Quarter Trend

EPS

$0.43+13.46%
4-Quarter Trend

FCF

$18.14M-257.04%
4-Quarter Trend

2024 FY Earnings Highlights

Key Highlights

FY2024 Annual Report Filed Audited financial statements and required certifications submitted for fiscal year ending December 31, 2024, confirmed complete.
Share Count Verified Total outstanding common shares reported as 27,704,450 at the close of the reporting period, dual listed.
Auditor Relationship Confirmed KPMG LLP confirmed as auditor; relationship noted as ongoing since 1998 via this specific amendment filing.

Risk Factors

No Financial Update Amendment avoids restatement; performance analysis requires consulting original financial statements filed March 19, 2025, for figures.
Reliance on Original Filing Key financial metrics like revenue or profit changes are absent; data relies solely on prior filing.
Governance Disclosure Status No amendments or waivers granted to the Code of Conduct and Ethics Policy during fiscal year 2024.

Outlook

Governance Practices Confirmed Confirmed NYSE governance practices align; no significant differences noted from domestic company listing standards.
Internal Control Attestation Management assessment of ICFR effectiveness filed; attestation report included in Exhibit 99.3 documentation for review.
Contractual Obligations Referenced Contractual obligations details are incorporated by reference within Management's Discussion and Analysis, Exhibit 99.4 reference.

Peer Comparison

Revenue (TTM)

Star Group, L.P.SGU
$1.78B
+1.0%
North American Construction Group Ltd.NOA
$918.29M
+8.2%
Forum Energy Technologies, Inc.FET
$790.27M
-1.3%

Gross Margin (Latest Quarter)

Obsidian Energy Ltd.OBE
54.6%
-11.0pp
VAALCO Energy, Inc.EGY
51.0%
+14.7pp
SandRidge Energy, Inc.SD
39.5%
+8.9pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
CLB$770.94M24.212.2%7.0%
FTK$538.31M20.230.7%25.3%
SD$528.81M8.013.9%0.1%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.8%
Moderate Growth
4Q Net Income CAGR
54.1%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Mar 18, 2026
|
EPS:$0.53
|
Revenue:-
Reports
All Years
  • Form 40-F/A - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 21, 2025|
    Revenue: $810.19M+21.8%
    |
    EPS: $1.15-21.1%
    Beat
  • Form 40-F - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 20, 2025|Refer to amended data
  • Form 40-F - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 13, 2024|
    Revenue: $709.44M+24.4%
    |
    EPS: $1.55-15.0%
    Beat
  • Form 40-F - FY 2022

    Period End: Dec 31, 2022|Filed: Feb 15, 2023|
    Revenue: $591.42M+17.6%
    |
    EPS: $1.89+35.9%
    Beat
  • Form 40-F - FY 2021

    Period End: Dec 31, 2021|Filed: Feb 16, 2022|
    Revenue: $522.39M+30.7%
    |
    EPS: $1.45+3.4%
    Meet
  • Form 40-F - FY 2020

    Period End: Dec 31, 2020|Filed: Feb 17, 2021|
    Revenue: $372.72M-30.4%
    |
    EPS: $1.30+20.7%
    Meet