North American Energy Partners Inc. (TSE:NOA) (NYSE:NOA) – Analysts at National Bank Financial increased their FY2017 earnings estimates for North American Energy Partners in a report issued on Wednesday, Zacks Investment Research reports. National Bank Financial analyst M. Sytchev now expects that the company will post earnings of $0.16 per share for the year, up from their previous forecast of $0.11. National Bank Financial also issued estimates for North American Energy Partners’ Q4 2017 earnings at $0.11 EPS and FY2018 earnings at $0.55 EPS.
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Shares of North American Energy Partners (NOA) traded up C$0.01 on Monday, reaching C$5.59. 12,200 shares of the company’s stock traded hands, compared to its average volume of 58,483. North American Energy Partners has a 1-year low of C$4.52 and a 1-year high of C$7.48.
In other news, insider North American Energy Partners acquired 5,146 shares of the stock in a transaction on Monday, August 28th. The stock was acquired at an average cost of C$4.93 per share, for a total transaction of C$25,369.78. Over the last 90 days, insiders have acquired 363,043 shares of company stock valued at $1,899,303.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.02 per share. The ex-dividend date is Wednesday, November 29th. This represents a $0.08 annualized dividend and a yield of 1.43%. North American Energy Partners’s dividend payout ratio is currently 200.00%.
About North American Energy Partners
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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