North American Energy Partners Inc.(USA) (NOA) Major Shareholder Cannell Capital Llc Purchases 10,120 Shares

North American Energy Partners Inc.(USA) (NYSE:NOA) (TSE:NOA) major shareholder Cannell Capital Llc bought 10,120 shares of the business’s stock in a transaction dated Tuesday, April 3rd. The shares were bought at an average cost of $5.16 per share, for a total transaction of $52,219.20. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Cannell Capital Llc also recently made the following trade(s):

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  • On Wednesday, March 28th, Cannell Capital Llc bought 19,000 shares of North American Energy Partners Inc.(USA) stock. The shares were bought at an average cost of $5.25 per share, for a total transaction of $99,750.00.
  • On Monday, March 26th, Cannell Capital Llc bought 2,357 shares of North American Energy Partners Inc.(USA) stock. The shares were bought at an average cost of $5.23 per share, for a total transaction of $12,327.11.
  • On Monday, March 19th, Cannell Capital Llc bought 1,500 shares of North American Energy Partners Inc.(USA) stock. The shares were bought at an average cost of $5.20 per share, for a total transaction of $7,800.00.
  • On Friday, March 16th, Cannell Capital Llc bought 54,462 shares of North American Energy Partners Inc.(USA) stock. The shares were bought at an average cost of $5.28 per share, for a total transaction of $287,559.36.
  • On Friday, March 9th, Cannell Capital Llc bought 7,900 shares of North American Energy Partners Inc.(USA) stock. The shares were bought at an average cost of $5.01 per share, for a total transaction of $39,579.00.
  • On Thursday, January 11th, Cannell Capital Llc bought 2,700 shares of North American Energy Partners Inc.(USA) stock. The shares were bought at an average cost of $4.79 per share, for a total transaction of $12,933.00.

NYSE:NOA opened at $5.60 on Friday. North American Energy Partners Inc has a one year low of $3.70 and a one year high of $5.75. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.07 and a current ratio of 1.13. The stock has a market cap of $140.30, a P/E ratio of 50.46 and a beta of 0.43.

North American Energy Partners Inc.(USA) (NYSE:NOA) (TSE:NOA) last posted its quarterly earnings data on Tuesday, February 13th. The oil and gas company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.02). North American Energy Partners Inc.(USA) 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 the consensus estimate of $59.05 million. research analysts anticipate that North American Energy Partners Inc will post 0.34 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 6th. Investors of record on Tuesday, March 6th were paid a dividend of $0.0159 per share. The ex-dividend date of this dividend was Monday, March 5th. This represents a $0.06 annualized dividend and a yield of 1.13%. This is a positive change from North American Energy Partners Inc.(USA)’s previous quarterly dividend of $0.02. North American Energy Partners Inc.(USA)’s payout ratio is presently 42.86%.

A number of large investors have recently bought and sold shares of the stock. Renaissance Technologies LLC boosted its stake in North American Energy Partners Inc.(USA) by 2.4% during the fourth quarter. Renaissance Technologies LLC now owns 979,800 shares of the oil and gas company’s stock worth $4,850,000 after acquiring an additional 23,200 shares in the last quarter. B. Riley Financial Inc. bought a new stake in North American Energy Partners Inc.(USA) during the fourth quarter worth about $466,000. Royce & Associates LP boosted its stake in North American Energy Partners Inc.(USA) by 201.4% during the fourth quarter. Royce & Associates LP now owns 150,698 shares of the oil and gas company’s stock worth $746,000 after acquiring an additional 100,698 shares in the last quarter. Signia Capital Management LLC boosted its stake in North American Energy Partners Inc.(USA) by 7.8% during the fourth quarter. Signia Capital Management LLC now owns 658,542 shares of the oil and gas company’s stock worth $3,260,000 after acquiring an additional 47,532 shares in the last quarter. Finally, Wedge Capital Management L L P NC bought a new stake in North American Energy Partners Inc.(USA) during the fourth quarter worth about $388,000. 44.68% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have recently weighed in on the stock. ValuEngine raised shares of North American Energy Partners Inc.(USA) from a “sell” rating to a “hold” rating in a research note on Thursday, March 1st. Canaccord Genuity reaffirmed a “buy” rating and set a $9.00 target price on shares of North American Energy Partners Inc.(USA) in a research note on Tuesday, January 16th. Finally, Zacks Investment Research lowered shares of North American Energy Partners Inc.(USA) from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd.

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North American Energy Partners Inc.(USA) 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.

Insider Buying and Selling by Quarter for North American Energy Partners Inc.(USA) (NYSE:NOA)

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