MEDIA CENTRE

News Releases
News Releases

Stuart Olson Responds to Recent Market Activity

Posted Posted in 2020, MediaCenter

CALGARY, May 27, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) is issuing this press release at the request of the Investment Industry Regulatory Organization of Canada (IIROC), as a result of the recent increase in the trading price and volume of its common shares.  The Company confirms that it is not aware of any undisclosed […]

Stuart Olson Reports on Voting Results from 2020 Annual and Special Meeting of Shareholders

Posted Posted in 2020, MediaCenter

CALGARY, May 20, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) held its annual and special meeting of shareholders on May 20, 2020  in Calgary, Alberta. A total of 13,432,608 shares, representing 48 per cent of shares outstanding were represented in person or by proxy. Shareholders approved all matters proposed before the annual and special meeting, […]

Stuart Olson Reports First Quarter 2020 Results

Posted Posted in 2020, MediaCenter

Revenue growth while realizing administrative cost savings Added approximately $385 million to consolidated backlog CALGARY, May 13, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) today announced first quarter 2020 financial results. “As we continue to navigate the challenges of operating under risks related to the COVID-19 pandemic, our safety-focused culture remains extremely committed to ensuring […]

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 […]