High Arctic Energy Services Inc T.HWO

Alternate Symbol(s): HGHAF

Energy Oil & Gas Equipment & Services

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

High Arctic Energy Services Inc > Money coming in soon!

<< Previous

Bullboard Posts

Next >>

Post by JonathanJSmithon Oct 28, 2022 4:09pm

264 Views

Post# 35056799

Money coming in soon!

The company has a substantive amount of cash coming in soon. Perhaps Maguire/Mierendorf can negotiate with Cyrus Capital to buy back some of their shares; in this manner they can reduce the outstanding share count w/o having Cyrus' percentage ownership grow (they're around 45% now); if it's not feasible, then perhaps they'll raise the monthly dividend back to previous levels. I'd love to get a 10%+ divvy while waiting for further contracts to be signed.

Cheers and good luck,

JJ

<< Previous

Bullboard Posts

Next >>

Silvercorp to expand into Ecuador with C$200M Adventus acquisition