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North American Energy Partners Inc. (NYSE:NOA)’s shares up by 18.63%

Boston, MA 05/23/2013 (wallstreetpr) – The share prices of North American Energy Partners Inc. (NYSE:NOA), which is engaged in installation services to oil field companies had increased by 18.63 percent to close at $4.33 per share for the last trading session. This was observed to an increase of $0.68 per share for the company over the closing price for previous trading day. While the shares of North American Energy Partners Inc. (NYSE:NOA) opened at the intraday low price of $3.70 per share, the company witnessed a gradual increase in the price throughout the trading session.

North American Energy Partners Inc. (NYSE:NOA) is presently nearing its 52 week high price level of $4.70 per share. The 52 week low price level for the shares of the company is at $2.23 per share. Further, the company also witnessed heavy trading volume where nearly 281,717 shares exchanged hands during the trading session, while the average trading volume of North American Energy Partners Inc. (NYSE:NOA) is only 31,506 shares per day.

The company has its operations in the Canadian oil sands where North American Energy Partners Inc. (NYSE:NOA) provides a range of installation services for heavy construction and mining companies. The company takes care of installation of piling equipments and pipelines for the extraction works. Though the primary market for North American Energy Partners Inc. (NYSE:NOA) is the Canadian oil sands, the company also supports the customers’ mining operations and capital projects. North American Energy Partners Inc. (NYSE:NOA) is specialized at providing support services for all stages of the oil fields lifecycle.

Published by Nicholas Maithya

Nicholas is a Financial Analyst by profession, who enjoys writing about investments, technological developments, business, economics and other financial topics at various financial publications. Join him here on Wallstreetpr.com as he endeavors to deliver to you the latest breaking news on the above mentioned fronts. Contact him by email at [email protected] or follow Nicholas Kitonyi @nmaithyak on Twitter.

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