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home / news releases / NOA - North American Construction Group: Cost Reduction And Industry Recovery Offer Upside

NOA - North American Construction Group: Cost Reduction And Industry Recovery Offer Upside

North American Construction Group Ltd.
  • NOA's current strategy involves diversifying and integrating equipment and external maintenance services to lower costs and improve margin.
  • The oil sands production in Canada is likely to recover in 2021 as the oil price stabilizes and upstream capex goes up.
  • Expect its operating margin to strengthen in the coming quarters.
  • The stock is relatively undervalued at the current level.

For further details see:

North American Construction Group: Cost Reduction And Industry Recovery Offer Upside
Stock Information
Company Name: North American Construction Group Ltd.
Stock Symbol: NOA
Market: NYSE
Website: nacg.ca
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