NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. BUENOS AIRES, AR / ACCESS Newswire / November 20, 2025 / NOA Lithium Brines Inc. (TSXV:NOAL)(Frankfurt:N7N) ("NOA" or the "Company") is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced "bought deal" private placement (the "Underwritten Offerin ...

Core Insights - The article discusses the author's extensive experience in stock analysis, particularly in the energy sector, focusing on oilfield equipment services and industrial supply industries [1]. Group 1 - The author has over 14 years of experience in stock analysis, covering both long and short positions in an unbiased manner [1]. - The primary focus of the author's analysis has been on the energy sector for the past 7 years, specifically the oilfield equipment services sector [1]. - The author also covers the industrial supply industry, indicating a broad expertise in related sectors [1].

ACHESON, Alberta, Nov. 18, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced that it intends to commence a normal course issuer bid (the “NCIB”) to purchase, for cancellation, up to 2,729,056 common shares in the capital of the Company (“Common Shares”), which represents approximately 10% of the public float (as defined in the TSX Company Manual) and approximately 9.3% of the issued and outstanding Common Shares as of November 10, 20 ...

Financial Data and Key Metrics Changes - The company reported EBITDA of CAD 99 million and a gross margin of 14.6%, showing significant improvement from Q2 2025 [3] - Combined revenue reached CAD 390 million, a 6% sequential increase from Q2 2025, despite the seasonally low demand in the oil sands region [3] - Free cash flow for the quarter was CAD 46 million, reflecting disciplined capital maintenance spending [7] - Net debt levels increased slightly to CAD 904 million, with a leverage ratio of 2.3 times [8] Business Line Data and Key Metrics Changes - Australia experienced a 12% sequential revenue increase and a 26% year-over-year growth, generating CAD 188 million in revenue [4] - The gross margin in Australia was 19.6%, benefiting from favorable weather and strong operational performance [5] - The oil sands region posted a gross margin of 9.2%, a significant recovery from Q2 2025 [5][6] Market Data and Key Metrics Changes - The company noted a record top line of CAD 1.5 billion over the last 12 months, driven by high demand in Australia [9] - The bid pipeline increased to over CAD 12 billion, a CAD 2 billion increase since Q2 2025, indicating strong future revenue opportunities [16] Company Strategy and Development Direction - The company aims to focus on growth in Australia, particularly in Western Australia, and to advance infrastructure business opportunities [15] - Strategic priorities include leveraging Nuna experience for Arctic opportunities and right-sizing the Canadian equipment fleet [15] - The company is positioned to capitalize on macro tailwinds in both Australia and Canada, focusing on resource development and infrastructure projects [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery from H1 issues and highlighted a strong Q3 performance [10] - The outlook for Australia remains positive, with expected continued growth in demand for resources and civil construction [12] - In Canada, management anticipates nation-building projects to come to market quickly, supported by government leadership [14] Other Important Information - The company achieved a record safety performance with a trailing 12-month recordable rate of 0.45, exceeding industry standards [9] - The average interest rate for Q3 remained stable at 6.4% [7] Q&A Session Summary Question: Update on memorandums of understanding and Arizona project - Management indicated progress in discussions with potential partners and will provide updates at year-end [18][19] Question: Timing for Fargo-Moorhead project completion and future projects - Substantial completion is expected next fall, with other infrastructure projects anticipated to backfill revenue [20] Question: U.S. infrastructure opportunities and private sector work - Current focus is on public projects, but private sector opportunities are being explored [22] Question: Australia mechanics situation and hiring needs - The company is at historical staffing levels but is open to hiring more skilled workers as needed [24] Question: Precious metals pipeline in Australia - There is a significant pipeline in the Western Australia gold market, with ongoing expansions and new mines [28] Question: Timing for critical mineral projects in Canada - Management is conservative, expecting project kick-offs more likely in 2027 [31] Question: Right-sizing the fleet in Canada - The process is ongoing, with adjustments based on upcoming bids expected to be clearer by mid-December [33] Question: Investment priorities between Canada and Australia - The focus is on maximizing asset returns in Western Australia while pursuing infrastructure projects [35]

2025 Q3 EARNINGS PRESENTATION November 13, 2025 1 Actual results could differ materially from those contemplated by the forward-looking information in this presentation as a result of any number of factors and uncertainties, many of which are beyond the Company's control. Important factors that could cause actual results to differ materially from those in the forward-looking information include success of business development efforts, changes in prices of oil, gas and other commodities, availability of gove ...

Core Viewpoint - North American Construction (NOA) reported quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.50 per share, and a decline from $0.85 per share a year ago [1][2] Financial Performance - The company experienced an earnings surprise of -2.00% for the quarter, and has not surpassed consensus EPS estimates over the last four quarters [2] - Revenues for the quarter ended September 2025 were $230.38 million, missing the Zacks Consensus Estimate by 1.39%, but showing an increase from $210.29 million year-over-year [3] Stock Performance - North American Construction shares have declined approximately 34.4% since the beginning of the year, contrasting with the S&P 500's gain of 16.4% [4] Future Outlook - The company's earnings outlook is mixed, with current consensus EPS estimates of $0.55 for the upcoming quarter and $1.44 for the current fiscal year, alongside revenues of $244.76 million and $955.58 million respectively [8] - The Zacks Rank for North American Construction is currently 3 (Hold), indicating expected performance in line with the market in the near future [7] Industry Context - The Oil and Gas - Mechanical and Equipment industry, to which North American Construction belongs, is currently ranked in the top 18% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9]

Core Insights - North American Construction Group Ltd. (NACG) reported its third-quarter results for the period ending September 30, 2025, highlighting a solid performance despite some challenges in gross profit margins [1][2]. Financial Highlights - Combined revenue for Q3 2025 was $390.8 million, an increase of 6% compared to the previous year, while reported revenue was $317.2 million, up 11% [8]. - Adjusted EPS for Q3 2025 was $0.67, a decrease of 44% from $1.19 in Q3 2024, attributed to a higher average share count and interest expenses [7][8]. - Adjusted EBITDA was $99.0 million, down 12% year-over-year, but showed a 3.7% improvement in EBITDA margin compared to Q2 2025 [8]. Operational Highlights - Revenue growth was primarily driven by contract wins and growth in the Heavy Equipment - Australia segment, which saw a 26% increase in revenue to $188.5 million [8]. - Heavy Equipment - Canada revenue decreased by 5% to $125.7 million, mainly due to reduced scopes at Syncrude mines [8]. - The company experienced improved gross profit margins in Australia, gaining 4.5% due to favorable weather and operational efficiencies [8]. Cash Flow and Debt - Free cash flow for the quarter was $45.7 million, a significant increase of $56.3 million compared to the previous year [9]. - Net debt rose to $904.0 million, an increase of $7.1 million during the quarter, influenced by growth capital expenditures and share purchases [10]. Dividend Declaration - The NACG Board of Directors declared a quarterly dividend of $0.12 per common share, payable on January 9, 2026, to shareholders of record as of November 26, 2025 [11]. Outlook - The company provided guidance for the remainder of 2025, projecting combined revenue between $700 million and $750 million and adjusted EBITDA between $190 million and $210 million [12].

Core Viewpoint - North American Construction Group (NOA) is preparing to release its Q3 2025 earnings, with expectations of an EPS of $0.50 and revenue of approximately $231.7 million, following a previous quarter where it reported lower-than-expected earnings [1][6]. Financial Performance - In the previous quarter, NOA reported an EPS of $0.24, missing analysts' expectations of $0.66 by $0.42, but achieved a return on equity of 17.15% and a net margin of 2.82% [2][6]. - Revenue for the last quarter was $235.51 million, slightly above the consensus estimate of $231.51 million [2]. Financial Ratios - NOA has a price-to-earnings (P/E) ratio of 16.03, indicating the market's willingness to pay per dollar of earnings [3][6]. - The price-to-sales ratio is 0.45, reflecting the market's valuation relative to its revenue [3]. - The enterprise value to sales ratio is 1.09, and the enterprise value to operating cash flow ratio is 5.20, highlighting cash flow efficiency [4]. - The earnings yield stands at 6.24%, providing insight into the return on investment [4]. - The debt-to-equity ratio is 1.92, suggesting a higher reliance on debt for financing [4][6]. - The current ratio of 0.94 indicates the company's ability to cover short-term liabilities with short-term assets [5].

Group 1 - NOA Lithium Brines Inc. has entered into an agreement with Red Cloud Securities Inc. for a private placement [1] - The company will issue 15,384,616 units at a price of C$0.26 per unit [1] - The gross proceeds from this offering are expected to be approximately C$4,000,000 [1]

Core Points - North American Construction Group Ltd. (NACG) has successfully closed a private placement offering of an additional $125 million of its 7.75% Senior Unsecured Notes due May 1, 2030, bringing the total outstanding amount to $350 million [1][2] - The proceeds from the offering will be used to repay existing indebtedness under its Credit Agreement and for general corporate purposes [2] - The Notes were offered on a private placement basis in Canada and to qualified institutional buyers in the U.S. under Rule 144A and Regulation S [3] Company Overview - NACG is a leading provider of heavy civil construction and mining services in Australia, Canada, and the U.S., with over 70 years of experience in the mining, resource, and infrastructure construction markets [4]