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Stock impact report

North American Construction Group Ltd. Announces Award of Heavy Civil Construction Project [Canadian Business Journal (Canada)]

North American Construction Group Ltd. Common Shares (no par) (NOA) 
Last north american construction group ltd. common shares (no par) earnings: 2/19 04:05 pm Check Earnings Report
ACHESON, Alberta, Nov. 21, 2024 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced that Mikisew North American Limited Partnership (“MNALP”) has been awarded a heavy civil construction contract by a major producer in the oil sands region. The project involves building large diversion ditches to redirect water from upstream catchments away from active mining areas and releasing into downstream locations.The award of this two-year project, expected to generate revenue for the Company of approximately $125 million, reflects the operating expertise and client trust NACG has gained over on our long history in the region. The project is set to begin January 2025 with completion expected in October 2026. This heavy civil infrastructure project, located at one of the leading mines in the Fort McMurray region, reinforces our long-term strategic partnership with the client and leverages synergies with existing infrastructure Show less Read more
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