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 > Knock the stuffing out of this why don’t we.

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Comment by JonathanJSmithon Apr 14, 2023 3:11pm

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Post# 35395821

RE:RE:RE:RE:RE:Knock the stuffing out of this why don’t we.

Upping the divvy to 1c would yield a divvy of over 10% (at today's price). That in itself should be enough to raise the stock price (somewhat). Insofar as the NCIB, they can only buy a couple of million shares before Cyrus is at ~50% ownwership unless they buy from them; it's not in shareholders' best interests if Cyrus owns more than 50% of the company. That being said, a couple of million shares is better than nothing.

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