Will the 5-Year Oil Sands Deal Strengthen North American Construction?

Impact · against what's priced in

North American Construction Group (NOA) receives a positive catalyst from a new five-year fuel services contract adding $135 million to its backlog. This enhances the company's recurring revenue profile and demonstrates successful conversion of its active bid pipeline into long-term contracted work.

NOA+0.40

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In context

The company secured the largest heavy equipment fuel services contract in its history, adding $135 million to its backlog and improving long-term revenue visibility through 2031.

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• infrastructure
• NOA
• canada
• contract award
• fuel services
• heavy equipment
• mining
• oil sands

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