Stuart Olson Awarded Three and a Half Year Contract for Industrial Services Valued at an Estimated $120 Million

Posted Posted in 2020, MediaCenter

CALGARY, May 13, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) today announced that its Industrial Group has been awarded a three and a half year contract valued at an estimated $120 million to provide turnaround and maintenance services to TransAlta Corporation’s Alberta thermal power plants. “This contract award represents an important win for our Industrial Group as […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2020 First Quarter Financial Results

Posted Posted in 2020, MediaCenter

CALGARY, May 4, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) today announced that it will release its financial results for the first quarter ended March 31, 2020 on or about Wednesday, May 13, 2020 after the close of the Canadian capital markets. Conference Call The Company will host a conference call and webcast to discuss its 2020 […]

Stuart Olson Reports Fourth Quarter and Full Year 2019 Results

Posted Posted in 2020, MediaCenter

Expect to build on $860 million of 2019 awards, with strong pipeline of opportunities to support stable and growing backlog Non-cash goodwill impairment impacts Q4 net earnings Amended the revolving credit facility to allow for additional financial flexibility Project dispute settled for proceeds of $22.0 million impacts financial results CALGARY, March 24, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2019 Fourth Quarter and Annual Financial Results

Posted Posted in 2020, MediaCenter

CALGARY, Feb. 19, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) today announced that it will release its financial results for the quarter and fiscal year ended December 31, 2019 on or about Tuesday, March 24, 2020 after the close of the Canadian capital markets. Conference Call The Company will host a conference call and webcast to discuss […]

Stuart Olson Awarded Seven-Year MRO Contract for Bundled Industrial Services Valued at an Estimated $400 Million

Posted Posted in 2020, MediaCenter

CALGARY, Jan. 30, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) today announced that its Industrial Group has been awarded a seven-year contract valued at an estimated $400 million to provide maintenance, repair and operations (MRO) services to an existing oil sands customer in Alberta. Under the terms of the agreement, Stuart Olson has increased the scope of services […]

Stuart Olson Announces Management Change

Posted Posted in 2020, MediaCenter

CALGARY, Jan. 24, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) today announced that its Executive Vice President and Chief Financial Officer, Bharat Mahajan, has notified the Company of his decision to resign and that he has accepted a different position. The Company also announced the appointment of Dean R. Beacon as Executive Vice […]