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High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

High Arctic Energy Services Inc. is engaged in provision of 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 in Canada. Its segments include Rental Services and Production Services. The Production Services segment operations consist of Company’s idled snubbing units in Colorado, United States. The Rental Services segment consists of High Arctic’s oilfield rental equipment in Canada centered upon pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells. The Company offers an extensive line up of oilfield rental equipment for drilling, completions, workover and abandonment oil and gas operations.


TSX:HWO - Post by User

Comment by MiguelSanchez1on Mar 12, 2021 10:21am
203 Views
Post# 32784696

RE:RE:RE:RE:Results

RE:RE:RE:RE:ResultsI completely agree. You brought up a good point about q4 being the nadir. This is something not to be overlooked. The most bearish time for OFS companies is/was q4 2020 and q1 2021. The direction of spending/guidance for pruducers is only going to go one direction from here. Up. So I am forcing myself to look big picture here.
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