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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. The Company provides pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells and other oilfield equipment on a rental basis to exploration and production companies, from its bases in Whitecourt and Red Deer, Alberta. The Company's operations involve the rental of pressure control and other oilfield equipment to exploration and production companies operating in Canada. 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 are oilfield rental equipment. Its rental services offer a lineup of oilfield rental equipment for drilling, completions, workover and abandonment oil and gas operations.


TSX:HWO - Post by User

Comment by LuckyLuchon Mar 27, 2018 11:07am
131 Views
Post# 27787172

RE:Ridiculous

RE:RidiculousI share the frustration but will hold on for the yield.  Lets hope that the lack of a real buyback means they are active behind the scenes working on a transformative deal.


Risus76 wrote: It is obvious that the NCIB buyback announcement was just fluff. The share price is in the toilet and revenues have been flat for 2017. Yet, company insiders keep getting performance rights granted (150K+ shares) whereas a measly 3400 shares were repurchased... what performance?? Also let me guess: today’s close of 3.70$ is still not low enough to buyback shares?? This is ridiculous. Sorry about the angry post but I’m beginning to lose interest in this stock and seriously thinking about getting out. 


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