North American Energy Partners Announces Results for the Three Months Ended September 30, 2011
Investing News Network - 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