North American Energy Partners Announces Results for the Three Months Ended September 30, 2011

- November 2nd, 2011

North American Energy Partners Inc.(TSX:NOA,NYSE:NOA) reported operational results for the three months ended September 30, 2011.

North American Energy Partners Inc.(TSX:NOA,NYSE:NOA) reported operational results for the three months ended September 30, 2011.

As quoted in the press release:

Highlights of the Three Months Ended September 30, 2011

  • Consolidated revenues increased 4.5% compared to the same period last year, including an 85% increase for the Piling segment
  • Gross profit increased 14.7% year-over-year, with gross margin improving to 13.6% from 12.4%
  • Consolidated EBITDA increased 22.8% compared to the same period last year
  • The Company announced $627 million of new oil sands contracts and $92.5 million of new Pipeline contracts

Click here to read the North American Energy Partners Inc.(TSX:NOA) press release

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