North American Construction Group Ltd. Announces Five-Year Contract in Queensland, Australia
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
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US:NYSE Investor Relations:
seekingalpha.com/article/4119118-north-american-energy-partners-noa-ceo-martin-ferron-q3-2017-results-earnings-call-transcript
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Source: GlobeNewswire
ACHESON, Alberta, Aug. 28, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced that the MacKellar Group (“MacKellar”) has been awarded a five-year contract by an existing client, a leading metallurgical coal producer in the state of Queensland, Australia. The contract leverages an existing agreement to transition hired fleet currently under contract as dry rental to a fully maintained fleet. The five-year contract has an expiry date of September 30, 2029 and qualifies as contractual backlog given minimum hour commitments in the agreement. Scopes awarded for fully maintained equipment and related services are estimated to result in a total value of approximately $375 million. Contract scopes are expected to be fully ramped up by mid-2025. To achieve the increased scope, the agreement requires an on-site maintenance facility and twenty additional units, for total growth capital of between $50 and $55 mill
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NOA
Earnings
- 7/31/24 - Beat
NOA
Sec Filings
- 8/28/24 - Form 6-K
- 7/31/24 - Form 6-K
- 7/18/24 - Form 6-K
- NOA's page on the SEC website