North American Construction Group (NOA) Announces Change in Leadership

The stock terms of North American Construction Group Ltd. (NYSE:NOA) fell by 2.95% betwixt January 16 and January 23, 2026, putting it among the Energy Stocks that Lost the Most This Week.

North American Construction Group Ltd. (NYSE:NOA) provides mining and dense civilian operation services to customers successful the assets improvement and concern operation sectors successful Australia, Canada, and the United States. The institution offers excavation absorption services for a thermal ember mine, and operation and operations enactment services successful the Canadian lipid sands region.

North American Construction Group Ltd. (NYSE:NOA) announced a important enactment alteration connected January 21, with Joe Lambert resigning from his presumption arsenic President and CEO to ‘pursue different opportunities’. Moreover, the institution revealed that its COO, Barry Palmer, has assumed the relation of President and CEO effectual immediately. Meanwhile, NOA is assessing some interior and outer candidates to permanently presume the enactment role.

Martin Ferron, Chairman of the Board of Directors, commented:

“I would similar to instrumentality this accidental to convey Mr. Lambert for his dedication and loyalty to the Company. During his tenure, Joe successfully led the Company to caller levels of geographic and commodity diversification portion besides navigating done unprecedented challenges. In nary tiny portion owed to his leadership, NACG is present precise good positioned to beryllium a beardown rival successful the civilian construction, mining and earthworks markets passim North America and Australia. I privation Joe each the champion successful his aboriginal endeavors.”

North American Construction Group Ltd. (NYSE:NOA) announced past period that it had signed a C$115 cardinal woody to bargain Iron Mine Contracting successful Western Australia, strengthening its beingness successful the country’s thriving mining industry. The institution confirmed that, contempt the enactment change, the closing activities for the woody stay connected schedule, with a targeted closing this quarter.

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Disclosure: None.