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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 Stonksonlyup90on Apr 14, 2023 2:11pm
66 Views
Post# 35395681

RE:RE:RE:RE:Knock the stuffing out of this why don’t we.

RE:RE:RE:RE:Knock the stuffing out of this why don’t we.Why up the dividend to 1c?.. it's just a 'Return of Capital' at this point, without the benefits of management deeming it as such - so you continue to pay tax on the divy even though it's not coming out of earnings. A NCIB/SIB would provide a non-taxable return to shareholders - seems a no brainer.. but this management team just doesn't get it..
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