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Bullboard - Stock Discussion Forum 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... see more

TSX:HWO - Post Discussion

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Post by bbwibone on Feb 24, 2021 3:30pm

Breakout?

Near breakout territory here. News coming? Their NA business is enough to sustain them until PNG eventually picks up.
Comment by impega on Feb 24, 2021 4:11pm
Maybe Miguel Sanchez backed up the truck? Something has to be up.
Comment by MiguelSanchez1 on Feb 24, 2021 4:41pm
I can assure you this wasn't me. But I am long 200k shares of this bad boy and riding till 200$ oil and O&G becomes a darling investmenet favorite of all the ppl dumping at all time low valuations
Comment by AVALONSHARK on Feb 24, 2021 5:37pm
A strong day after a while. Market has to recognize what a no-brainer valuation this stock is at currently. PNG will open up sometime this year, activity in canada has picked up and exceeded pre-pandemic levels. I just hope Total or Exxon doesnt buy up the PNG business at these valuations. The company has the potential to make good money with the project pipeline in PNG. They have a solid moat in ...more  
Comment by Possibleidiot01 on Feb 24, 2021 6:05pm
Avalon , you convinced me enough that I did throw money , not at your scale , today,  at the undervaluation:)
Comment by AVALONSHARK on Feb 24, 2021 8:49pm
Hope the investing thesis is correct and we make some money.
Comment by JonathanJSmith on Feb 25, 2021 8:08am
Yes, the investment thesis is correct - we'll be making some decent money. While I don't like to mention how much stock I own, let's just say that the number of shares are between 1 and what Binnion holds. ;) An interesting article re: LNG: https://finance.yahoo.com/news/global-lng-demand-expected-almost-123722038.html Asian demand expected to go strong for the foreseeable future ...more  
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