North American C Stock Price, News & Analysis

North American Construction Group (TSX/NYSE: NOA) will release third quarter results for the period ended September 30, 2025 on Wednesday, November 12, 2025 after markets close. The company will host a conference call and webcast on Thursday, November 13, 2025 at 7:00 a.m. MT (9:00 a.m. ET).

Dial-in: Toll free 1-800-717-1738; Conference ID 98296. A slide deck will be posted the evening before the call at www.nacg.ca/presentations/. A replay is available until December 13, 2025 via toll free 1-888-660-6264 (Conference ID 98296) and the webcast replay link.

North American Construction Group (TSX: NOA, NYSE: NOA) announced a private placement reopening to sell an additional $125 million aggregate principal amount of its 7.75% senior unsecured notes due May 1, 2030, increasing the series to $350 million outstanding. The Notes are priced at 103% of face value (plus accrued interest) with a yield to worst of 6.778%. Proceeds are intended to repay indebtedness under the company’s credit agreement and for general corporate purposes. The Offering is expected to close on or about October 22, 2025, subject to customary conditions.

North American Construction Group (NYSE:NOA) reported mixed Q2 2025 financial results with increased revenue but decreased profitability. Combined revenue grew 12% to $370.6 million, driven by strong performance in both Australian and Canadian heavy equipment segments, maintaining a 74% global equipment utilization rate.

However, profitability metrics declined significantly, with adjusted EPS falling 98% to $0.02 and adjusted EBITDA decreasing 12% to $80.1 million. The company faced challenges including subcontractor labor issues in Australia and operational disruptions in Canada. Net debt increased by $29.5 million to $896.9 million.

NACG declared a quarterly dividend of C$0.12 per share and maintained its revenue guidance while adjusting EBITDA and EPS expectations downward for H2 2025 due to increased costs related to demand volatility and maintenance requirements.

North American Construction Group (NYSE:NOA) has secured its largest-ever contract through its subsidiary MacKellar Group, signing a $2.0 billion five-year extension with a leading coal producer in Queensland, Australia. The contract, extending through April 30, 2030, adds $800 million to the original contract value.

The amended agreement includes risk and reward mechanisms for operational alignment and brings NACG's total contractual backlog to $4.0 billion as of March 31, 2025, with Australian operations accounting for $3.0 billion. This represents a significant increase from the previous record of $3.5 billion reported on December 31, 2024.

North American Construction Group (NYSE:NOA) has scheduled its second quarter 2025 financial results release and conference call. The company will release Q2 2025 results on Wednesday, August 13, 2025 after market close.

A conference call and webcast will be held the following day, Thursday, August 14, 2025, at 7:00 a.m. Mountain Time (9:00 a.m. Eastern Time). Investors can access presentation materials on the company's website the evening before the call. A replay of the conference call will be available until September 15, 2025.

North American Construction Group (NYSE:NOA) held its Annual Meeting of Shareholders on May 14, 2025, where shareholders voted on key corporate matters. All proposed resolutions were successfully passed. The meeting resulted in the election of seven directors, with approval ratings ranging from 91.75% to 99.78%. Joseph C. Lambert received the highest approval at 99.78%, while Maryse C. Saint-Laurent received 91.75% approval.

Shareholders also approved the appointment of KPMG LLP as independent auditors with 98.43% support. The non-binding advisory vote on executive compensation passed with 79.59% approval, though it received the lowest support among all proposals with 20.41% of votes against.

North American Construction Group (NOA) reported its Q1 2025 results with combined revenue of $391.5M, the second-highest quarter in company history, up 13% from Q1 2024. Reported revenue was $340.8M, compared to $297.0M in Q1 2024. Despite revenue growth, performance was impacted by severe weather conditions. Adjusted EBITDA increased slightly to $99.9M, up 3% from $97.4M in Q1 2024. The company faced challenges including excessive rainfall in Australia and extreme cold in Canada, affecting operational efficiency. Gross profit margin declined to 13.2% from 18.1% year-over-year. The company declared a quarterly dividend of C$0.12 per share. Net debt increased to $867.5M, and the company completed a $225M senior unsecured financing to increase liquidity for infrastructure and mining opportunities.

North American Construction Group (NOA) has successfully completed a private placement offering of $225 million in Senior Unsecured Notes. The notes, carrying a 7.75% interest rate and maturing on May 1, 2030, were offered through private placement in Canada and to qualified institutional buyers in the United States under Rule 144A. The company plans to use the proceeds to repay existing credit agreement debt and for general corporate purposes. The offering was underwritten by several major financial institutions, including National Bank Financial, ATB Securities, Scotia Capital, and TD Securities.

North American Construction Group (NOA) has announced a private placement offering of $225 million Senior Unsecured Notes due May 1, 2030. The Notes will be issued at $1,000 per Note with a 7.75% annual interest rate, payable semi-annually on November 1 and May 1, starting November 1, 2025.

The offering is being led by multiple financial institutions including National Bank Financial, ATB Securities, Scotia Capital, and TD Securities. The company plans to use the proceeds to repay existing Credit Agreement debt and for general corporate purposes. The Notes are being offered privately in Canada and to qualified institutional buyers in the US under Rule 144A. The offering is expected to close around May 1, 2025.