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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 Notgnuon May 20, 2021 12:32pm
202 Views
Post# 33239400

RE:RE:Brutal EBITDA Generation

RE:RE:Brutal EBITDA GenerationOn the side note, though I do tend to morn the loss or great words and phrases language does continuously evolve. The phrase "get a dictionary" is gradually losing (not loosing) itzzz status.

Cheers,
Notgnu 

JonathanJSmith wrote:
Agreed,

It will be a waiting game here. If one is exposed to US Taxes, then it's perfect for investment as one can benefit from long term capital gains. Conversely, if one is holding shares in their tax deferred accounts, then yes, I'd probably look elsewhere for "fast money".

The stock is still worth more than what it's currently trading at. That being said, management doesn't foster much confidence with investors so the stock's unlikely to see a sharp rise in its price anytime soon. PNG needs to be back online and running full force. I guess they're out of the US now? Only $200K in assets according to their May Presentation.

--------------------------------------

On a side note and off topic - did you know that the words "irregardless" and  "supposably" have been accepted into the dictionary as real words? I had to look for myself - what a disgrace this world is coming to. I'm waiting for "its'" to be accepted too - or is it already there? lol

Cheers,

JJ


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