- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Energy Equipment & Services industry. The net income has significantly decreased by 500.0% when compared to the same quarter one year ago, falling from $0.13 million to -$0.50 million.
- The gross profit margin for NORTH AMERICAN ENERGY PRTNRS is currently lower than what is desirable, coming in at 26.49%. Regardless of NOA's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, NOA's net profit margin of -0.59% significantly underperformed when compared to the industry average.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Energy Equipment & Services industry and the overall market, NORTH AMERICAN ENERGY PRTNRS's return on equity significantly trails that of both the industry average and the S&P 500.
- This stock's share value has moved by only 71.36% over the past year. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
- NORTH AMERICAN ENERGY PRTNRS's earnings have gone downhill when comparing its most recently reported quarter with the same quarter a year earlier. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, NORTH AMERICAN ENERGY PRTNRS continued to lose money by earning -$0.03 versus -$0.50 in the prior year. This year, the market expects earnings to be in line with last year (-$0.03 versus -$0.03).
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer. Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 55.52 points (-0.3%) at 17,690 as of Friday, July 31, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 1,938 issues advancing vs. 1,140 declining with 130 unchanged. The Energy industry as a whole closed the day down 2.1% versus the S&P 500, which was down 0.2%. Top gainers within the Energy industry included Escalera Resources ( ESCR), up 18.0%, Royale Energy ( ROYL), up 4.1%, Superior Drilling Products ( SDPI), up 2.5%, Magellan Petroleum ( MPET), up 6.2% and North American Energy Partners ( NOA), up 1.6%. TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today: North American Energy Partners ( NOA) is one of the companies that pushed the Energy industry higher today. North American Energy Partners was up $0.03 (1.6%) to $1.93 on light volume. Throughout the day, 16,318 shares of North American Energy Partners exchanged hands as compared to its average daily volume of 33,200 shares. The stock ranged in a price between $1.86-$1.97 after having opened the day at $1.93 as compared to the previous trading day's close of $1.90. North American Energy Partners Inc., through its subsidiaries, provides mining and heavy construction services to customers in the resource development and industrial construction sectors primarily in Western Canada. North American Energy Partners has a market cap of $62.8 million and is part of the basic materials sector. Shares are down 39.5% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate North American Energy Partners a buy, no analysts rate it a sell, and 1 rates it a hold. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreet Ratings rates North American Energy Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and poor profit margins. Highlights from TheStreet Ratings analysis on NOA go as follows: