About the Company | | Outcome | Votes | Withheld or | | --- | --- | --- | --- | | | | For | Against | | Election of Martin R. Ferron as director | Passed | 99.27% | 0.73% | | Election of Vanessa A. Guthrie as director | Passed | 98.84% | 1.16% | | Election of Joseph C. Lambert as director | Passed | 98.91% | 1.09% | | Election of Bryan D. Pinney as director | Passed | 99.21% | 0.79% | | Election of John J. Pollesel as director | Passed | 99.89% | 0.11% | | Election of Maryse C. Saint-Laurent as director | P ...

ACHESON, Alberta, May 16, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. ("NACG" or "the Company") (TSX:NOA/NYSE:NOA) today announced the results of its Annual Meeting of Shareholders held on May 15, 2024. Shareholders elected directors, approved the appointment of KPMG LLP as the independent auditors of the Company and approved a non-binding advisory vote regarding the Company's approach to executive compensation. The following are the results of the votes held at the meeting: | | Outcome ...

Company Participants Good morning ladies and gentlemen. Welcome to the North American Construction Group Conference Call regarding the First Quarter ended March 31, 2024. At this time, all participants are in a listen-only mode. Following management's prepared remarks, there will be an opportunity for analysts, shareholders and bondholders to ask questions. The media may monitor this call in a listen-only mode. They are free to quote any member of management but they are asked not to quote remarks from any ...

North American Construction (NOA) came out with quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.45%. A quarter ago, it was expected that this heavy construction and mining services company would post earnings of $0.70 per share when it actually produced earnings of $0.64, delivering a surprise o ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are unde ...

The latest trading session saw North American Construction (NOA) ending at $22.07, denoting a +1.28% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 1.02% for the day. Elsewhere, the Dow saw an upswing of 0.4%, while the tech-heavy Nasdaq appreciated by 2.03%.The heavy construction and mining services company's shares have seen a decrease of 2.2% over the last month, surpassing the Construction sector's loss of 6.08% and the S&P 500's loss of 3.15%.The upcomi ...

Joe Lambert - President & Chief Executive Officer Jason Veenstra - Executive Vice President & Chief Financial Officer Operator The company wishes to confirm that today's comments contain forward-looking information and that actual results could differ materially from a conclusion, forecast or projection contained in that forward-looking information. Joe Lambert On Slide 4, we highlight some of the major achievements of 2023. The MacKellar acquisition was the obvious major accomplishment during the year. And ...

DOWN UNDER DIGGING IN FIVE-YEAR TRENDS EVERYONE GETS HOME SAFE | | 2023 | 2022 | 2021 | 2020 | 2019 | | --- | --- | --- | --- | --- | --- | | Combined revenue ($m) | 1,273.6 | 1,054.3 | 812.2 | 583.5 | 715.1 | | Adjusted EBITDA ($m) | 296.9 | 245.3 | 207.3 | 174.3 | 174.4 | | Adjusted EBIT ($m) | 145.2 | 113.8 | 92.7 | 81.4 | 71.0 | | Adjusted EBITDA margin | 23.3% | 23.3% | 25.5% | 29.9% | 23.4% | | Adjusted EBIT margin | 11.4% | 10.8% | 11.4% | 14.0% | 9.9% | | Return on invested capital | 12.5% | 13.0% | ...

Forward-looking statements & non-GAAP financial measures This presentation contains forward-looking information which reflects the current plans and expectations of North American Construction Group Ltd. (the "Company") with respect to future events and financial performance. Examples of such forward-looking information in this document include, but are not limited to, statements with respect to the Company's targets for percentage of adjusted EBIT to be generated outside Canadian oil sands; the Company's 2 ...

Okay. And does that imply the legacy business is kind of flat to modestly up on EBITDA in 2024? Yes. I think we had a really good summer and looking to finish it up with a strong winter there. Last winter, we weren't real busy. But this winter is going to be much busier. And then next summer, not only is the earthworks high, but we start into the roads and bridges side of things. So we really get into the teeth of this project over the next four years. I think we had a six-year construction schedule altoget ...