High Arctic Energy Services Inc T.HWO

Alternate Symbol(s): HGHAF

Energy Oil & Gas Equipment & Services

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.

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High Arctic Energy Services Inc > Further thoughts

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Comment by impegaon Jan 09, 2024 1:28pm

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Post# 35817747

RE:Further thoughts

Very little value is attributed to the PNG business under the HWO umbrella. Although mgmt touts synergies by splitting I thought splitting would show the PNG business alone would be worth the current market cap of HWO and the cash and Canadian business on top of that. Still waiting for the appraisal value of the PNG business.

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