North American Energy Partners, Inc. (NYSE:NOA) (TSE:NOA) - Research analysts at National Bank Financial issued their Q3 2017 earnings estimates for North American Energy Partners in a note issued to investors on Thursday. National Bank Financial analyst M. Sytchev expects that the oil and gas company will post earnings per share of ($0.05) for the quarter. National Bank Financial has a “Outperform” rating on the stock. National Bank Financial also issued estimates for North American Energy Partners’ Q4 2017 earnings at $0.07 EPS and FY2017 earnings at $0.09 EPS.
Several other equities analysts have also recently issued reports on the stock. Zacks Investment Research upgraded shares of North American Energy Partners from a “hold” rating to a “buy” rating and set a $5.25 target price for the company in a research note on Thursday, May 25th. Canaccord Genuity reiterated a “buy” rating and issued a $9.00 target price on shares of North American Energy Partners in a research note on Tuesday, May 2nd. One research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. North American Energy Partners has an average rating of “Buy” and a consensus target price of $6.88.
Shares of North American Energy Partners (NYSE NOA) opened at 3.95 on Monday. The stock has a market cap of $108.76 million, a PE ratio of 51.30 and a beta of 0.63. North American Energy Partners has a one year low of $2.34 and a one year high of $5.70. The firm has a 50-day moving average of $4.30 and a 200-day moving average of $4.72.
A number of institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC bought a new position in North American Energy Partners during the first quarter worth $104,000. Russell Investments Group Ltd. boosted its position in North American Energy Partners by 144.7% in the first quarter. Russell Investments Group Ltd. now owns 35,687 shares of the oil and gas company’s stock worth $177,000 after buying an additional 21,101 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in North American Energy Partners by 42.9% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 39,048 shares of the oil and gas company’s stock worth $193,000 after buying an additional 11,717 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in North American Energy Partners by 82.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 60,592 shares of the oil and gas company’s stock worth $300,000 after buying an additional 27,292 shares in the last quarter. Finally, Spark Investment Management LLC bought a new position in North American Energy Partners during the first quarter worth $1,880,000. Institutional investors own 45.00% of the company’s stock.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.016 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This is a boost from North American Energy Partners’s previous quarterly dividend of $0.01. This represents a $0.06 dividend on an annualized basis and a yield of 1.62%. North American Energy Partners’s dividend payout ratio is currently 600.00%.
North American Energy Partners Company Profile
North American Energy Partners Inc provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors within Western Canada. The Company’s operating divisions include Heavy Construction and Mining; Industrial, and Tailings & Environmental Construction.
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