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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 Apr 11, 2024 12:22pm
110 Views
Post# 35983546

RE:Big Seller

RE:Big SellerNot sure why people aren't more interested here - you get essentially a guaranteed half your capital back at this price in just a few months, and the rest is backed by cash + Team Snubbing + Canadian Rentals, giving a free lottery ticket on PNG. Uncertainty has been cleared up about their plans, so I think the discount given is unwarranted.

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