North American Energy Partners Inc. (NYSE:noa) (TSE:NOA) declared a quarterly dividend on Wednesday, November 2nd. Investors of record on Wednesday, November 30th will be paid a dividend of 0.015 per share on Friday, January 6th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend is Monday, November 28th.

North American Energy Partners (NYSE:NOA) opened at 3.60 on Wednesday. North American Energy Partners has a 52 week low of $1.39 and a 52 week high of $3.90. The company’s market capitalization is $103.35 million. The company has a 50 day moving average price of $3.06 and a 200-day moving average price of $2.76.

Dividend History for North American Energy Partners (NYSE:noa)

NOA has been the subject of a number of research analyst reports. BMO Capital Markets raised North American Energy Partners from a “market perform” rating to an “outperform” rating in a research note on Thursday, November 17th. Zacks Investment Research cut North American Energy Partners from a “buy” rating to a “hold” rating in a research note on Friday, November 4th. Canaccord Genuity initiated coverage on North American Energy Partners in a research note on Monday, October 31st. They issued a “buy” rating for the company. Finally, TheStreet cut North American Energy Partners from a “hold” rating to a “sell” rating in a research note on Monday, August 22nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $3.25.

Several hedge funds and other institutional investors have recently bought and sold shares of NOA. Morgan Stanley boosted its position in North American Energy Partners by 17.8% in the third quarter. Morgan Stanley now owns 176,146 shares of the company’s stock valued at $440,000 after buying an additional 26,636 shares in the last quarter. Bridgeway Capital Management Inc. purchased a new position in North American Energy Partners during the second quarter valued at $166,000. Finally, Sprott Inc. purchased a new position in North American Energy Partners during the second quarter valued at $564,000. 54.63% of the stock is owned by institutional investors.

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About North American Energy Partners

North American Energy Partners Inc provides a range of mining and heavy construction services. The Company offers its services to customers in the resource development and industrial construction sectors, within Western Canada. The Company provides construction and operations support services through various stages of an oil sands project’s lifecycle.

5 Day Chart for NYSE:NOA

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