Zacks Investment Research downgraded shares of NORTH AMER EGY (NOA) from NEUTRAL to UNDERPERFORM on May 29, 2012, with a target price of $2.40.
NORTH AMERICAN ENERGY PARTNERS INC. is one of the largest providers of heavy construction, mining, piling and pipeline services in Western Canada. For more than fifty years, NAEP has provided services to large oil, natural gas and resource companies, with a principal focus on the Canadian oil sands. The Company maintains one of the largest independently owned equipment fleets in the region.
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