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Stock impact report

North American Construction Group Ltd. Announces Regional Services Contract and Outlook for 2025 [Yahoo! Finance]

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
Company Research Source: Yahoo! Finance
by the producer, with a committed spend of $500 million spread over the term, primarily related to heavy equipment rentals and bulk unit rate earthwork scopes. (Source: GlobeNewswire) The contract is effective January 1, 2025, with an expiry date extended to January 31, 2029, from January 31, 2027. This award reaffirms NACG's alignment with the client's operating goals and provides ample opportunities to grow the oil sands business from the current run rate. (Source: GlobeNewswire) For the fourth quarter of 2024, NACG estimates combined revenue of $350 to $375 million, adjusted EBITDA of $100 to $110 million, and free cash flow of $45 to $55 million. For full year 2025, NACG estimates combined revenue of $1.4 to $1.6 billion, adjusted EBITDA of $415 to $445 million, and free cash flow of $130 to $150 million. (Source: GlobeNewswire) The contract extension underscores Mikisew Group's commitment to delivering exceptional value and sustainable growth in the oil sands region, and re Show less Read more
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