Headlines about North American Energy Partners (NYSE:NOA) (TSE:NOA) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. North American Energy Partners earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned press coverage about the oil and gas company an impact score of 44.2246911015383 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of NOA opened at $6.25 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.13 and a quick ratio of 1.07. North American Energy Partners has a 1-year low of $3.70 and a 1-year high of $6.30. The company has a market cap of $168.50, a PE ratio of 44.64 and a beta of 0.43.
North American Energy Partners (NYSE:NOA) (TSE:NOA) last issued its quarterly earnings data on Tuesday, February 13th. The oil and gas company reported $0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.02). North American Energy Partners had a return on equity of 3.53% and a net margin of 1.82%. The business had revenue of $64.61 million for the quarter, compared to analysts’ expectations of $59.05 million. sell-side analysts expect that North American Energy Partners will post 0.34 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 6th. Stockholders of record on Tuesday, March 6th were paid a dividend of $0.0159 per share. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.02%. This is a boost from North American Energy Partners’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Monday, March 5th. North American Energy Partners’s dividend payout ratio (DPR) is 42.86%.
A number of brokerages have issued reports on NOA. ValuEngine cut shares of North American Energy Partners from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Zacks Investment Research raised shares of North American Energy Partners from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Finally, Canaccord Genuity reissued a “buy” rating and set a $9.00 price objective on shares of North American Energy Partners in a research note on Tuesday, January 16th.
In other North American Energy Partners news, major shareholder Cannell Capital Llc acquired 54,462 shares of the company’s stock in a transaction dated Friday, March 16th. The stock was acquired at an average cost of $5.28 per share, with a total value of $287,559.36. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Over the last three months, insiders have bought 95,339 shares of company stock valued at $499,235.
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About North American Energy Partners
North American Energy Partners Inc, through its subsidiaries, provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors, primarily in Western Canada. The company offers construction and operations support services through various stages of an oil sands project's lifecycle.
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