North American Energy Partners (NOA) Reports Q4 Loss of $0.02

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Go back to North American Energy Partners (NOA) Reports Q4 Loss of $0.02

North American Energy Partners Inc. Announces Results for the Quarter Ended December 31, 2016

February 14, 2017 4:30 PM EST

EDMONTON, ALBERTA -- (Marketwired) -- 02/14/17 -- North American Energy Partners Inc. ("NAEP" or "the Company") (TSX: NOA)(NYSE: NOA) today announced results for the fourth quarter ended December 31, 2016.

Martin Ferron, President and Chief Executive Officer of the Company stated, "We were very pleased to exceed our Consolidated EBITDA targets for the period and for the most challenging of years, despite ideal earthmoving weather not arriving until very late in the quarter. Also we incurred an almost $2 million, marked to market, charge related to the cash settled... More