Adam Thalheimer
Analyst, Thompson Davis & Co.
Replay available
North American Construction Group Ltd (NYSE: NOA) Q4 2025 earnings conference call, held 2026-03-12. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:01.313 -- 00:00:05.298 Good morning, ladies and gentlemen. Welcome to the North American Construction Group 00:00:05.298 -- 00:00:10.282 conference call regarding the fourth quarter ended December 31, 2025. 00:00:10.405 -- 00:00:14.209 At this time, all participants are in a listen-only mode. 00:00:14.209 -- 00:00:19.036 Following management's prepared remarks, there will be an opportunity for analysts, shareholders, 00:00:19.036 -- 00:00:24.603 and bondholders to ask questions. The media may monitor this call in listen-only mode. 00:00:24.603 -- 00:00:28.330 They are free to quote any member of management, but they are asked not to quote remarks 00:00:28.330 -- 00:00:32.474 from any other participant without that participant's permission. 00:00:32.474 -- 00:00:36.899 The company wishes to confirm that today's comments contain forward-looking information 00:00:36.899 -- 00:00:41.764 and that actual results could differ materially from a conclusion, forecast, or projection 00:00:41.764 -- 00:00:44.407 contained in that forward-looking information. 00:00:44.407 -- 00:00:48.572 Certain material factors or assumptions were applied in drawing conclusions or in making 00:00:48.572 -- 00:00:52.896 forecasts or projections that are reflected in the forward-looking information. 00:00:52.896 -- 00:00:57.444 Additional information about those material factors is contained in the company's most 00:00:57.444 -- 00:01:02.528 recent management discussion and analysis, which is available on CDAR and EDGAR, as 00:01:02.528 -- 00:01:06.210 well as the company's website at nacg.ca. 00:01:06.432 -- 00:01:09.956 I will now turn the conference over to Jason Beanstra, CFO. 00:01:09.956 -- 00:01:12.276 Please go ahead. 00:01:13.139 -- 00:01:16.800 Thanks, Joanna, and good morni...