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North American Construction Group Ltd. (NOA)

Energy | Oil & Gas Equipment & Services | Acheson, Canada | NYSE
13.61 USD -0.06 (-0.439%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 4:43 a.m. EDT

The investment case here rests on a stark divergence between the company's deteriorating operational reality and its attractive valuation metrics. Fundamentally, the business is struggling: revenue has contracted by roughly 6% year-over-year, earnings have fallen nearly 10%, and the company is carrying a crushing debt load relative to equity (over 200% debt-to-equity). This structural weakness explains why the stock has underperformed recently, trading below its 200-day moving average. However, the market appears to be pricing in a massive turnaround, evidenced by the forward P/E of just 6.5x and a consensus target price nearly double the current level. This aggressive upside expectation is supported by a specific catalyst: a newly announced $135 million, five-year deal for oil sands equipment services, which could stabilize the order book. The dividend yield of 2.5% is modest but sustainable given the 43% payout ratio, offering a small cushion while the company navigates this transition. For now, the stock is a speculative hold waiting for proof that the new contract can reverse the multi-year trend of shrinking top-line growth.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.053680
AutoETS0.053692
AutoTheta0.055836
MSTL0.058197
MSTL_900.070466
MSTL_1150.071200
MSTL_90_1150.082894

Forecast horizon: 60 days | Selected: AutoARIMA

Forecast Reliability
Score 41%
H-stat 7.62
Ljung-Box p 0.000
Jarque-Bera p 0.557
Excess Kurtosis -0.28
Attribute Value
Sector Energy
Ex Dividend Date 2026-06-02
Last Dividend Date 2026-06-02
Debt to Equity Ratio 202.485
Revenue per Share 44.15
Market Cap 368,865,984
Trailing P/E 17.23
Forward P/E 6.46
Beta 1.15
Profit Margins 2.63%
Website https://nacg.ca

As of July 11, 2026, 4:43 a.m. EDT: Speculators are positioning for a range-bound outcome with a distinct skew toward upside potential. Call open interest is heavily concentrated at the $15 strike, creating a barrier that suggests traders expect a rally to test that level before fading. Conversely, put open interest is clustered at the $12.50 strike, acting as a floor. While there is some volume in deep out-of-the-money puts, the overwhelming majority of positioning (both volume and open interest) favors calls, indicating a bullish bias among retail traders despite the recent price dip.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.64% 1.28% 1.47% 1.52%
Dividend History
Date Dividend Yield %
2026-06-03 0.087 0.642541
2026-03-26 0.087 0.637363
2025-06-04 0.087 0.498567
2025-03-13 0.084 0.525328
2024-11-27 0.085 0.435451
2024-08-30 0.074 0.374873
2024-05-31 0.073 0.343529
2024-03-07 0.074 0.294469
2023-11-29 0.074 0.361681
2023-08-30 0.074 0.301671
2023-05-25 0.074 0.406147
2023-03-02 0.074 0.429733
2022-11-29 0.059 0.455247
2022-08-30 0.062 0.540070
2022-05-26 0.062 0.487805
2022-03-03 0.063 0.413115
2021-11-29 0.031 0.213793
2021-08-30 0.032 0.225511
2021-05-27 0.033 0.250760
2021-03-03 0.032 0.265781
2020-11-27 0.031 0.299228
2020-08-28 0.030 0.415512
2020-05-28 0.029 0.456693
2020-03-04 0.030 0.346821
2019-11-29 0.030 0.273973
2019-08-29 0.030 0.255537
2019-05-30 0.015 0.135014
2019-03-11 0.015 0.120773
2018-11-29 0.015 0.160428
2018-08-30 0.015 0.191083
2018-05-30 0.015 0.240000
2018-03-05 0.016 0.323232
2017-11-29 0.016 0.367816
2017-08-29 0.016 0.390244
2017-06-05 0.015 0.333333
2017-03-02 0.015 0.303030
2016-11-28 0.015 0.405405
2016-08-29 0.015 0.581395
2016-05-27 0.015 0.530035
2016-03-02 0.015 0.806452
2015-11-27 0.015 0.700935
2015-09-28 0.015 0.704225
2015-06-26 0.016 0.655738
2015-03-27 0.029 0.973154
2014-12-29 0.017 0.521472
2014-09-26 0.018 0.295566
2014-06-26 0.019 0.237797
2014-03-27 0.018 0.249307
Additional Data
dividendRate 0.34
dividendYield 2.47
exDividendDate 2026-06-03
trailingAnnualDividendRate 0.48
trailingAnnualDividendYield 0.035113387
lastDividendValue 0.087
lastDividendDate 2026-06-03
dividendDate 2026-07-03

Info Dump

Attribute Value
52 Week Change -0.12090033
Address1 27,287 - 100 Avenue
All Time High 26.3
All Time Low 1.39
Ask 0.0
Ask Size 100
Audit Risk 5
Average Analyst Rating 2.1 - Buy
Average Daily Volume10 Day 77,800
Average Daily Volume3 Month 126,262
Average Volume 126,262
Average Volume10Days 77,800
Beta 1.147
Bid 0.0
Bid Size 300
Board Risk 8
Book Value 12.193118
City Acheson
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 13.61
Current Ratio 1.114
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 13.72
Day Low 13.56
Debt To Equity 202.485
Display Name North American Construction
Dividend Date 1,783,036,800
Dividend Rate 0.34
Dividend Yield 2.47
Earnings Call Timestamp End 1,778,763,600
Earnings Call Timestamp Start 1,778,763,600
Earnings Growth -0.095
Earnings Quarterly Growth -0.099
Earnings Timestamp 1,778,702,400
Earnings Timestamp End 1,786,564,800
Earnings Timestamp Start 1,786,564,800
Ebitda 318,750,016
Ebitda Margins 0.25244
Enterprise To Ebitda 3.788
Enterprise To Revenue 0.956
Enterprise Value 1,207,453,056
Eps Current Year 2.13336
Eps Forward 2.1081128
Eps Trailing Twelve Months 0.79
Esg Populated 0
Ex Dividend Date 1,780,444,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 780 969 5599
Fifty Day Average 14.009
Fifty Day Average Change -0.39900017
Fifty Day Average Change Percent -0.028481703
Fifty Two Week Change Percent -12.090034
Fifty Two Week High 17.26
Fifty Two Week High Change -3.6500006
Fifty Two Week High Change Percent -0.21147165
Fifty Two Week Low 12.07
Fifty Two Week Low Change 1.54
Fifty Two Week Low Change Percent 0.12758906
Fifty Two Week Range 12.07 - 17.26
Financial Currency CAD
First Trade Date Milliseconds 1,164,205,800,000
Five Year Avg Dividend Yield 1.58
Float Shares 24,242,709
Forward Eps 2.1081128
Forward P E 6.4560113
Free Cashflow 36,094,752
Full Exchange Name NYSE
Full Time Employees 479
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.30074
Gross Profits 379,732,992
Has Pre Post Market Data 1
Held Percent Insiders 0.108389996
Held Percent Institutions 0.69571996
Implied Shares Outstanding 27,102,572
Industry Oil & Gas Equipment & Services
Industry Disp Oil & Gas Equipment & Services
Industry Key oil-gas-equipment-services
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,780,444,800
Last Dividend Value 0.087
Last Fiscal Year End 1,767,139,200
Long Business Summary North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. It operates through Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments. The company offers mine management services for a thermal coal mine; and construction and operations support services in Canadian oil sands region. It also provides fully maintained heavy equipment rentals at metallurgical and thermal coal mines; heavy equipment rentals to iron ore, gold and lithium producers; and heavy equipment maintenance, component remanufacturing, and full equipment rebuild services to mining companies and other heavy equipment operators, as well as supplies production-critical components to the mining and construction industry. The company was formerly known as North American Energy Partners Inc. and changed its name to North American Construction Group Ltd. in April 2018. North American Construction Group Ltd. was incorporated in 1953 and is headquartered in Acheson, Canada.
Long Name North American Construction Group Ltd.
Market us_market
Market Cap 368,865,984
Market State PRE
Max Age 86,400
Message Board Id finmb_8251223
Most Recent Quarter 1,774,915,200
Net Income To Common 33,225,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 368,825,590
Number Of Analyst Opinions 1
Open 13.66
Operating Cashflow 242,476,000
Operating Margins 0.08091
Overall Risk 4
Payout Ratio 0.4286
Peg Ratio 0.38
Phone 780 960 7171
Previous Close 13.67
Price Eps Current Year 6.3796077
Price Hint 2
Price To Book 1.1162034
Price To Sales Trailing12 Months 0.2921301
Profit Margins 0.02631
Quick Ratio 0.878
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.125
Region US
Regular Market Change -0.0600004
Regular Market Change Percent -0.43892
Regular Market Day High 13.72
Regular Market Day Low 13.56
Regular Market Day Range 13.56 - 13.72
Regular Market Open 13.66
Regular Market Previous Close 13.67
Regular Market Price 13.61
Regular Market Time 1,783,972,802
Regular Market Volume 33,144
Return On Assets 0.036170002
Return On Equity 0.071
Revenue Growth -0.063
Revenue Per Share 44.15
Sand P52 Week Change 0.20847368
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 7
Shares Outstanding 27,102,572
Shares Percent Shares Out 0.0117
Shares Short 194,043
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 432,115
Short Name North American Construction Gro
Short Ratio 2.25
Source Interval 15
State AB
Symbol NOA
Target High Price 27.655134
Target Low Price 27.655134
Target Mean Price 27.655134
Target Median Price 27.655134
Total Cash 121,129,000
Total Cash Per Share 4.469
Total Debt 959,715,968
Total Revenue 1,262,676,992
Tradeable 0
Trailing Annual Dividend Rate 0.48
Trailing Annual Dividend Yield 0.035113387
Trailing Eps 0.79
Trailing P E 17.227848
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 14.4663
Two Hundred Day Average Change -0.85630035
Two Hundred Day Average Change Percent -0.05919277
Type Disp Equity
Volume 33,144
Website https://nacg.ca
Zip T7X 6H8