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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 MiguelSanchez1on Feb 13, 2021 10:50am
89 Views
Post# 32561532

RE:All quiet on the western front - commiseration | reflection?

RE:All quiet on the western front - commiseration | reflection?

The best thing they could do while it's quiet is just to methodically buy via ncib. I don't even care what the number is. 1000/day, 2000/day, 5000/day, max/day. Just do something. There's no excuse not to do even a tiny amount. Pretty disapointed they didn't buy one share in Jan. Maybe they have a plan for that cash that I'm missing or they're gonna do a whole bunch at some point in regards to ncib. 

 

Regardless, I don't really think oil search does much in 2021, but with new agreements, o&g prices and long term clarity in PNG I fully expect 2022 to be a great year. Like the other guy said, markets usually anticipate this. So this should move back to 2-3$ imo starting late spring or summer. Even with just the Canadian business this is a 2$ stock, minimum

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