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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 colouramaon Jun 20, 2023 7:38pm
103 Views
Post# 35506289

RE:Absurd valuation - $2.34/share Book Value

RE:Absurd valuation - $2.34/share Book ValueStonks, what kind of value would you assign the $130M non-capital losses? Now that the Canadian operations consist of only the rentals business, they suggest in their news release that they will be able to utilize them.

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