North American Construction Group reported Q3 2025 revenue of $390.8 million, a 6% increase from the previous year, driven by growth in the Australian segment. Despite increased revenue, gross profit decreased 23%, and adjusted EPS dropped 44% to $0.67.

North American Construction Group is issuing an additional $125 million in senior unsecured notes at 103% of face value, with proceeds intended to repay existing debt and support general corporate purposes.

North American Construction Group Ltd. has secured a $2.0 billion, five-year mine services contract with a leading coal producer in Queensland, Australia, extending their existing partnership through April 2030 and increasing their total contractual backlog to $4.0 billion.

North American Construction Group Ltd. announced the results of its Annual Meeting of Shareholders, including the election of directors and the appointment of KPMG LLP as the independent auditors. The company also received shareholder approval for its approach to executive compensation.

Pason Systems Inc. reported strong Q4 2024 results, with revenue up 15% year-over-year despite a 3% decline in North American industry drilling activity. The company's North American Drilling segment and Solar and Energy Storage business unit performed well, while the International Drilling and Completions segments saw declines. Pason maintained its quarterly dividend and plans to continue investing in growth opportunities.

North American Construction Group Ltd. has declared a regular quarterly dividend of $0.12 per common share, payable on April 9, 2025. The company is a provider of heavy civil construction and mining services in Canada, the U.S., and Australia.

North American Construction Group Ltd. announced that it will redeem all outstanding 5.5% convertible debentures due June 30, 2028 on February 28, 2025. Holders can convert the debentures into common shares at a discount to the current share price.

North American Construction Group Ltd. (NACG) has been awarded an extended and amended regional services contract by a major producer in the Canadian oil sands region. The contract is valued at $500 million and will run until 2029. NACG also provided an outlook for 2025, including estimates for revenue, EBITDA, and free cash flow.

North American Construction Group Ltd. (NACG) announced that its subsidiary MacKellar Group has been awarded a five-year contract by a leading metallurgical coal producer in Queensland, Australia. The contract is valued at approximately $375 million and will require additional capital investment of $50-$55 million.

FuelPositive Corporation has completed the on-farm commissioning of its first scalable Green Ammonia production system in Manitoba, Canada. The company has formed partnerships with local Manitoba-based companies to navigate regulatory requirements and support the system's integration.

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ACHESON, Alberta, May 16, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced the results of its Annual Meeting of Shareholders held on May 15, 2024. Shareholders elected directors, approved the appointment of KPMG LLP as the independent auditors of the Company and approved a non-binding advisory vote regarding the Company’s approach to executive compensation. The following are the results of the votes held at the meeting: