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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

Comment by Stonksonlyup90on Aug 19, 2023 10:09am
112 Views
Post# 35596160

RE:RE:RE:RE:RE:RE:RE:RE:RE:One more thing

RE:RE:RE:RE:RE:RE:RE:RE:RE:One more thing

That $0.75/share RoC is NOT part of the PNG assets, thus you DO add it to the proposed value of PNG. 

If you want to overly simplify things, take the Book Value of the company per last financials of $112.1M and divide by fully diluted share count of 51.3M.. that gets you $2.19/share!!

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