NOA - North American Energy Partners: Expect The Stock To Stay Strong
NOA’s Short and Long-Term Drivers Are Keeping Busy
North American Energy Partners (NOA) provides mining and heavy construction services to the energy and industrial construction customers, primarily within Western Canada. The robust long-term drivers and the improving short-term drivers make a strong case to add the stock to your portfolio. The company has recently secured long term agreements with four major customers. Earlier, during Q4 2018, it added to its construction and mining assets through acquisitions. Although the current slowdown in Canadian energy market activity can disrupt its growth prospect, there are positive