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.

TSX:HWO - Post by User

High Arctic Energy Services Inc > Return of capital

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Comment by BigWillieon Jul 01, 2024 8:14am

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Post# 36113126

RE:Return of capital

I can tell right now. For starters, HWO will tank immediately after the record date (July 9), down to one dollar level. Two little companies which were HWO, will try trading at 1$/share. Combined they will equate 1$/share of present HWO. Or 1.76$ if you add ROC. This is my projection. Both spinCo's will be in down trend, and it will take time, good balance sheets and dividends for a reversal.

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Advancing flagship Ishkõday Gold Project in Ontario