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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

Post by JonathanJSmithon Jun 21, 2021 12:37pm
154 Views
Post# 33420689

For one's consideration

For one's considerationYou guys might want to check out Vermlion (VET). Those guys are ridiculously undervalued. They'll reinstate their dividend soon (within a year's timeframe I suspect; 2021 FCF should be $500MM+ given current strip pricing). Don't forget, they paid over $2.50/sh in annual dividends for several years before Covid. Their share price should double just in time for this laggard to start to move as we await the reopening of PNG. I'm still quite bullish on HWO but, unfortunately, I do not trust the PNG government to further relax the Covid restrictions in the immediate future; 2022 may indeed be HWO's year. I'll reallocate my profits in VET and buy more HWO when the time comes. It will certainly be a profitable 2022 and beyond! Hopefully, y'all partake.

Cheers,

JJ
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