High Arctic Energy Services Inc T.HWO

Alternate Symbol(s): HGHAF

Energy Oil & Gas Equipment & Services

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

High Arctic Energy Services Inc

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Post by impegaon Nov 24, 2023 12:19pm

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Post# 35751700

Book Value

So even with the writedown of the PNG rigs the book value is $2.00 a share. We are stuck trading at 57% of the book value and less than the working capital alone. Come on management, lets get this stock moving north again.

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