$NOA

North American Construction Group Ltd.

No enriched coverage for $NOA in the last 7 days.

No SEC Form 4 filings for $NOA in the last 30 days.

See all $NOA insider activity →
High

North American Construction (NOA) Q2 2026 Earnings Call Transcript

North American Construction Group (NOA) reported Q2 2026 revenue of $456.1M, up 23% YoY, driven by IMC acquisition and Australia growth. Adjusted EBITDA rose 17% to $93.5M, and adjusted EPS increased to $0.32. Full-year revenue guidance was raised to $1.6B-$1.8B. Net debt increased to $1.09B for acquisitions and growth. Management highlighted a $3.8B backlog and strategic shifts in oil sands and northern infrastructure.

North American Construction Group Q2 Earnings Call Highlights

North American Construction Group (NYSE:NOA) reiterated adjusted EBITDA guidance of C$380 million to C$420 million and free-cash-flow guidance of C$110 million to C$130 million, with midpoints at C$400 million and C$120 million. Q2 operating cash flow before working capital was C$78 million and free cash flow C$23 million. Net debt rose to C$1.1 billion. Australia backlog was C$3.4 billion with C$3.9 billion bid pipeline; total bid pipeline exceeded C$12 billion.

North American Construction Group Ltd. Announces Results for the Second Quarter Ended June 30, 2026

North American Construction Group Ltd. (NACG) reported Q2 2026 results for the quarter ended June 30, 2026. Combined revenue rose to C$456.1 million (+23% YoY) and adjusted EBITDA increased to C$93.5 million (+17% YoY). Free cash flow was C$23.0 million. NACG also declared a C$0.12 quarterly dividend and raised full-year 2026 combined revenue guidance, citing record Q2 performance and the April 7 IMC acquisition.

NOA sentiment & insider activity

Recent NOA coverage spans financial news and earnings.

What's driving NOA

  • Strong quarterly results and upward guidance suggest earnings beat and growth momentum.

    fool.com · Aug 20, 2026

  • Guidance is maintained, but the call adds detail on cash generation, leverage, and segment drivers (Australia growth, oil sands fleet efficiency, Nuna expansion).

    yahoo.com · Aug 14, 2026

  • Q2 outperformance plus raised guidance suggests improving earnings power, with the IMC acquisition and Australian organic growth as key drivers.

    montrealgazette.com · Aug 12, 2026

  • Strong top‑line beat and raised guidance suggest upside potential, while higher interest expense and modest net income dip temper enthusiasm.

    SEC EDGAR 6-K · Aug 12, 2026

  • The positive target price increase by Raymond James suggests potential upside for North American Construction Group (TSE:NOA). However, financial challenges and mixed analyst sentiment warrant caution.

    MarketBeat · Apr 29, 2026

alphai scores every news story that mentions NOA with an AI model for sentiment and relevance, and aggregates insider trades from North American Construction Group Ltd.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $NOA

Score
$NOAHighAI 8/10

North American Construction (NOA) Q2 2026 Earnings Call Transcript

North American Construction Group (NOA) reported Q2 2026 revenue of $456.1M, up 23% YoY, driven by IMC acquisition and Australia growth. Adjusted EBITDA rose 17% to $93.5M, and adjusted EPS increased to $0.32. Full-year revenue guidance was raised to $1.6B-$1.8B. Net debt increased to $1.09B for acquisitions and growth. Management highlighted a $3.8B backlog and strategic shifts in oil sands and northern infrastructure.

$NOAMed

North American Construction Group Q2 Earnings Call Highlights

North American Construction Group (NYSE:NOA) reiterated adjusted EBITDA guidance of C$380 million to C$420 million and free-cash-flow guidance of C$110 million to C$130 million, with midpoints at C$400 million and C$120 million. Q2 operating cash flow before working capital was C$78 million and free cash flow C$23 million. Net debt rose to C$1.1 billion. Australia backlog was C$3.4 billion with C$3.9 billion bid pipeline; total bid pipeline exceeded C$12 billion.

$NOAMedAI 8/10

North American Construction Group Ltd. Announces Results for the Second Quarter Ended June 30, 2026

North American Construction Group Ltd. (NACG) reported Q2 2026 results for the quarter ended June 30, 2026. Combined revenue rose to C$456.1 million (+23% YoY) and adjusted EBITDA increased to C$93.5 million (+17% YoY). Free cash flow was C$23.0 million. NACG also declared a C$0.12 quarterly dividend and raised full-year 2026 combined revenue guidance, citing record Q2 performance and the April 7 IMC acquisition.

$NOAMed

Raymond James Financial Issues Positive Forecast for North American Construction Group (TSE:NOA) Stock Price

Raymond James Financial has increased its target price for North American Construction Group (TSE:NOA) to C$26 from C$24, suggesting a 31.71% upside. Despite this positive forecast, analyst sentiment is mixed, with a consensus "Moderate Buy" rating and varied recommendations from other firms. The company faces financial challenges, including high debt and a negative recent EPS, though insider buying activity has been noted.

(NOA.DB.B) Investment Report (NOA.DB.B:CA)

This investment report provides trading plans, AI-generated signals, and ratings for North American Construction Group Ltd. 5.50% convertible unsecured subordinated debentures (NOA.DB.B:CA) as of February 28, 2026. The report includes specific buy and short targets with stop losses, and rates the security as "Weak" across near, mid, and long terms. It also lists numerous recent articles and analyses related to NOA.DB.B.

When (NOA.DB.B) Moves Investors should Listen

The article provides trading plans and AI-generated signals for North American Construction Group Ltd. 5.50% convertible unsecured subordinated debentures (NOA.DB.B:CA) as of January 8, 2026. It outlines specific buy/short targets and stop-loss levels, along with current "Weak" ratings across near, mid, and long terms. The piece also lists numerous recent articles related to NOA.DB.B:CA, indicating ongoing analysis and advice for investors.

$NOAMed

North American Construction Group (TSE:NOA) Price Target Lowered to C$19.00 at TD Securities

TD Securities has lowered its price target for North American Construction Group (TSE:NOA) from C$21.00 to C$19.00, while maintaining a "Hold" rating. Shares of NOA fell by 5.1% to C$18.06 on heavy volume, reflecting mixed analyst views with three "Buy" ratings and five "Hold" ratings, resulting in a consensus target of C$30.06. The company recently reported C$0.67 EPS for the quarter and has a market capitalization of C$525.09 million.

Related tickers