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High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

High Arctic Energy Services Inc. is a Canada-based energy services provider. It provides drilling and specializes well completion services and supplies rental equipment, including rig matting, camps, material handling, and drilling support equipment. In western Canada, it provides pressure control equipment on a rental basis to a number of exploration and production companies. Its North American service lines include nitrogen and oilfield rental equipment. Its fleet of pumper units operate onsite to deliver nitrogen to the oil and gas industry when and where required. Its International Operations service lines include drilling rigs, workover rigs, worksite matting and rental equipment. Its fleet of specialized rental equipment includes camps, cranes, trucks, forklifts, pumps, gensets and lighting towers. It is also focused on offering pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells, along with other well site rental equipment.


TSX:HWO - Post by User

Comment by Houndtraderon Oct 08, 2014 2:34pm
174 Views
Post# 23011088

RE:RE:Recent Decline

RE:RE:Recent DeclineMost stocks are down under 50 and 200 day averages. October has always been a sell month, the last couple of years. Oil, down, Political talks, and markets don't like unknowns, I believe Alcoa starts off the earnings tonite after hours, If they can get good earnings, maybe the market will rebounce.I bought more shares in this stock, and bought a few others, where the prices have dropped considerable. I believe this is short lived. Also to mention the new rig they purchased. I can't see them ordering a new rig and seeing sit idle,must be something coming pertaining to it,I would assume. Maybe they announce in earnings report coming in November.
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