NOA

ACHESON, Alberta, May 21, 2026 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced the results of its Annual and Special Meeting of Shareholders held on May 20, 2026. Shareholders elected directors, approved the appointment of KPMG LLP as the independent auditors of the Company, approved a non-binding advisory vote regarding the Company’s approach to executive compensation and ratified an Advance Notice Bylaw. The following are the results of the votes held at the meeting: About the Company North American Construction Group Ltd. is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S. For over 70 years, NACG has provided services to the mining, resource and infrastructure construction markets. For further information contact:Jason Veenstra, CPA, CAChief Financial OfficerNorth American Construction Group Ltd.(780) [email protected] www.nacg.ca

Interested in North American Construction Group Ltd.? Here are five stocks we like better. North American Construction Group said Q1 2026 results improved sequentially, with CAD 99 million of EBITDA, rising margins, and revenue of CAD 423 million. Management said the quarter supports its reaffirmed full-year revenue midpoint of CAD 1.6 billion. The company closed its Iron Mine Contracting (IMC) acquisition in April, expanding its Australian platform with about 120 heavy equipment assets and roughly CAD 840 million in backlog. Management expects IMC to help deepen its Tier 1 presence in Western Australia and support lower-capital unit-rate work. Management reaffirmed 2026 guidance for CAD 1.6 billion in revenue, CAD 400 million in adjusted EBITDA, and CAD 120 million in free cash flow. The company also plans to use cash flow to reduce leverage from about 2.5x net debt to EBITDA to 2.0x by the end of 2027. Will Fed Rate-Hike Pause Lead To Small-Cap Outperformance? North American Construction Group (NYSE:NOA) reported a stronger start to 2026, with management saying first-quarter results showed sequential improvement in earnings, margins and operating execution across its Canadian and Australian businesses. Jason Veenstra, executive vice president and chief financial officer, said the company delivered CAD 99 million of EBITDA in the quarter ended March 31, 2026. Revenue totaled CAD 423 million on a combined basis, which management said provides a foundation for its reaffirmed 2026 combined revenue midpoint of CAD 1.6 billion. → Micron Investors Face a High-Stakes Moment After the Latest Rally North American Construction Group Is A Real Asset In Times Like These Veenstra said Australia produced a first-quarter regional revenue record excluding Iron Mine Contracting, including an all-time monthly record in March. IMC, which North American Construction Group closed on shortly after the quarter ended, contributed CAD 65 million of revenue as expected. Canada also grew sequentially, despite the full-quarter effect of the company’s 797 truck divestiture. Management highlighted margin performance as a key indicator of execution in the quarter. Veenstra said Australia delivered a 16.7% gross profit margin, while Canada delivered a 9.5% gross profit margin despite seasonal conditions in both regions. → How Bad Could Tesla’s Cybertruck Recall Be for Shares? He attribute...

This article first appeared on GuruFocus. EBITDA: $99 million in Q1, showing sequential improvement. Revenue: $423 million in Q1, with a reaffirmed 2026 combined revenue midpoint of $1.6 billion. Australia Revenue: Q1 regional revenue record, excluding IMC. IMC Revenue Contribution: $65 million as expected. Gross Profit Margin: Australia at 16.7%, Canada at 9.5%. Direct G&A: $14 million, or 4.3% of reported revenue. Adjusted EPS: $0.37. Interest Expense: Increased to $19.1 million from $17.8 million last year. Operating Cash Flow: $63 million before working capital. Free Cash Flow: $4 million after a $34 million working capital investment. Net Debt: Increased $18 million to $196 million. Net Debt Leverage: Consistent at 2.5 times. Senior Secured Debt: Increased to 1.7 times. Contractual Backlog: $3.9 billion, with $1.5 billion of estimated annual revenue secured for 2026. 2026 Financial Outlook: Combined revenue of $1.6 billion, adjusted EBITDA of $400 million, and free cash flow of $120 million. Warning! GuruFocus has detected 7 Warning Signs with NOA. Is NOA fairly valued? Test your thesis with our free DCF calculator. Release Date: May 14, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. North American Construction Group Ltd (NYSE:NOA) delivered $99 million of EBITDA in Q1, showing sequential improvement in earnings and margin performance. Australia achieved a Q1 regional revenue record, with an all-time monthly record in March, excluding IMC. The company reaffirmed its 2026 combined revenue midpoint of $1.6 billion, supported by a strong start of $423 million in Q1. IMC acquisition is expected to enhance NOA's Australian operations, adding approximately 120 heavy equipment assets and $840 million of contractual backlogs. The company has a robust global bid pipeline of approximately $14.5 billion, with $4.6 billion in active tender and procurement phase, indicating strong future growth opportunities. Interest expense increased to $19.1 million from $17.8 million last year, reflecting the financing of strategic expansion in Australia. Net debt increased by $18 million to $196 million, with leverage remaining at 2.5 times, raising concerns about financial stability. Free cash flow was only $4 million after a $34 million working capital investment in the quarter, indicating limited cash availability. T...

ACHESON, Alberta (AP) — ACHESON, Alberta (AP) — North American Construction Group Ltd. (NOA) on Wednesday reported earnings of $4 million in its first quarter. On a per-share basis, the Acheson, Alberta-based company said it had profit of 14 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 27 cents per share. The heavy construction and mining services company posted revenue of $232.7 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $241.3 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOA at https://www.zacks.com/ap/NOA

Adjusted EBITDA of $99.5 million for the First Quarter of 2026 ACHESON, Alberta, May 13, 2026 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. ("NACG") (TSX:NOA/NYSE:NOA) today announced results for the first quarter ended March 31, 2026. Unless otherwise indicated, figures are expressed in Canadian dollars, and comparisons are to the prior period ended March 31, 2025. First Quarter 2026 Financial Highlights Combined Revenue: $422.5 million, up 8% year-over-year and up 23% sequentially from Q4 2025 Reported revenue: $319.2 million, down 6% year-over-year and up 4% sequentially from Q4 2025 Adjusted EBITDA: $99.5 million, flat year-over-year and up 28% sequentially from Q4 2025 Net income: $5.6 million, down 10% year-over-year and up from $0.1 million in Q4 2025 Free Cash Flow: $3.7 million inflow, up $45.2 million year-over-year First Quarter 2026 Operational & Corporate Highlights NACG delivered improved margins and profitability through operational discipline, and sequential quarter improvements in absolute and margin performance. Our Australian operations delivered robust first-quarter revenue of $185.2 million, representing a 17% increase year-over-year. This growth was driven by higher volumes from growth assets, recent contract awards, and strong site performance, including improved equipment utilization. In addition, disciplined project execution contributed to a notable improvement in gross margin performance. On April 7, 2026, we completed the acquisition of Iron Mine Contracting (“IMC”), a leading mining services contractor in Western Australia. This strategic transaction advances our Australian growth strategy, positions us as a national Tier 1 contractor and expands our regional client base and operational capabilities. Under the acquisition agreement, we are entitled to IMC’s economic benefit from January 1, 2026, which will be reflected in the purchase price allocation but is not included in our reported Q1 results. For reference, IMC’s economic benefit for the quarter is included in our combined revenue, gross profit, adjusted net earnings, adjusted EBIT, and adjusted EBITDA. Margin performance improved in the oil sands region, reflecting the positive financial impact of our ongoing fleet right-sizing and enhanced focus on mechanical availability. These initiatives strengthened margins and contributed to improved revenue and profitab...

North American Construction (NOA) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -15.63%. A quarter ago, it was expected that this heavy construction and mining services company would post earnings of $0.5 per share when it actually produced a loss of $0.1, delivering a surprise of -120%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. North American Construction, which belongs to the Zacks Oil and Gas - Mechanical and and Equipment industry, posted revenues of $232.71 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 3.55%. This compares to year-ago revenues of $237.41 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. North American Construction shares have added about 1.2% since the beginning of the year versus the S&P 500's gain of 8.1%. While North American Construction has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for North American Construction was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the sh...

Kodiak Gas Services (KGS) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +10.28%. A quarter ago, it was expected that this provider of oil and gas infrastructure services would post earnings of $0.53 per share when it actually produced earnings of $0.4, delivering a surprise of -24.53%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Kodiak Gas, which belongs to the Zacks Oil and Gas - Mechanical and and Equipment industry, posted revenues of $345.76 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.69%. This compares to year-ago revenues of $329.64 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Kodiak Gas shares have added about 86.2% since the beginning of the year versus the S&P 500's gain of 8.1%. While Kodiak Gas has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Kodiak Gas was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You c...

Enbridge (ENB) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.90%. A quarter ago, it was expected that this oil and natural gas transportation and power transmission company would post earnings of $0.6 per share when it actually produced earnings of $0.63, delivering a surprise of +5%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Enbridge, which belongs to the Zacks Oil and Gas - Production and Pipelines industry, posted revenues of $16.3 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 27.09%. This compares to year-ago revenues of $12.89 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Enbridge shares have added about 12.9% since the beginning of the year versus the S&P 500's gain of 7.2%. While Enbridge has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Enbridge was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see t...

Kimbell Royalty (KRP) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.2 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -82.36%. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.21, delivering a surprise of +50%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Kimbell Royalty, which belongs to the Zacks Oil and Gas - Royalty Trust - United States industry, posted revenues of $65.54 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 29.09%. This compares to year-ago revenues of $84.21 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Kimbell Royalty shares have added about 24.1% since the beginning of the year versus the S&P 500's gain of 7.6%. While Kimbell Royalty has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Kimbell Royalty was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of...

ACHESON, Alberta, April 27, 2026 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) announced today that it will release its financial results for the first quarter ended March 31, 2026 on Wednesday, May 13, 2026 after markets close. Following the release of its financial results, NACG will hold a conference call and webcast on Thursday, May 14, 2026, at 7:00 a.m. Mountain Time (9:00 a.m. Eastern Time). The call can be accessed by dialing: Toll free: 1-800-717-1738 Conference ID:96416 A replay will be available through June 12, 2026, by dialing: Toll Free: 1-888-660-6264 Conference ID: 96416 Playback Passcode: 96416 A slide deck for the webcast will be available for download the evening prior to the call and will be found on the company’s website at www.nacg.ca/presentations/ The live presentation and webcast can be accessed at: North American Construction Group Ltd. First Quarter Results Conference Call and Webcast Registration A replay will be available until June 12, 2026, using the link provided. About the Company North American Construction Group Ltd. is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S. For over 70 years, NACG has provided services to the mining, resource and infrastructure construction markets. For further information, please contact: Jason Veenstra, CPA, CA Chief Financial Officer North American Construction Group Ltd. Phone: (780) 960-7171 Email: [email protected]

This article first appeared on GuruFocus. EBITDA: $78 million, impacted by a $13 million adjustment for the Fargo project. Revenue: $344 million combined for Q4; Australia revenue at $176 million, a Q4 record. Annual Revenue Growth: 10% increase in 2025, with Australia up 17% and Canada up 4%. Employee Exposure Hours: 7.1 million hours in 2025, up 15% from 2024. Gross Profit Margin: Approximately 15%, excluding isolated items. EBITDA Margin: 23%, down from a typical 30% due to specific factors. Adjusted Earnings Per Share: Loss of $0.14 for the quarter. Free Cash Flow: $57 million in Q4, totaling $103 million in the second half of 2025. Net Debt: $878 million, decreased by $26 million in the quarter. Backlog: Approximately $3.9 billion, with $1.2 billion secured for 2026. 2026 Financial Outlook: Expected revenue of $1.6 billion, adjusted EBITDA of $400 million, and free cash flow of $120 million. Warning! GuruFocus has detected 6 Warning Signs with NOA. Is NOA fairly valued? Test your thesis with our free DCF calculator. Release Date: March 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. North American Construction Group Ltd (NYSE:NOA) reported a Q4 record revenue of $176 million in Australia, despite challenging weather conditions. The company achieved a combined revenue of $1.5 billion in 2025, with Australia and Canada showing a net increase of 10%. The acquisition of Iron Mine Contracting (IMC) is expected to increase the company's backlog by 30% and enhance its capabilities in Australia. NOA generated $103 million in free cash flow in the second half of 2025, demonstrating strong cash flow management. The company has a strong bid pipeline of approximately $12.6 billion, providing visibility into future growth opportunities. The Fargo project experienced a $13 million retroactive cost adjustment, impacting the company's EBITDA for the quarter. Q4 EBITDA and EBIT were down from 2024 comparables, with a 23% EBITDA margin, approximately 7% lower than the run rate metric. The company reported an adjusted earnings per share loss of $0.14 for the quarter. The strategic divestiture of the ultra-class fleet impacted Q4 revenue. The Fargo project has faced multiple retroactive cost adjustments, affecting current quarter earnings. Q: Can you provide more details on the $12.6 billion bid pipeline and the...