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. 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

High Arctic Energy Services Inc > Results please?

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Comment by bbwiboneon Nov 17, 2020 2:16pm

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Post# 31915652

RE:RE:RE:RE:RE:RE:RE:Results please?

This stock is pretty illiquid to trade. It could drop, but I believe it is moving more towards 50% of book value, which is $2 a share, in the next year. In 3 years with PNG back under construction, then I think you could see $3-4 a share. Nice short term returns though, and up another 10-12% since earnings - very positive.

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