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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 drilling and specializes well completion services and supplies rental equipment, including rig matting, camps, material handling, and drilling support equipment. 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 include nitrogen and oilfield rental equipment. Its fleet of pumper units operate onsite to deliver nitrogen to the oil and gas industry. The Company’s International Operations service lines include drilling rigs, workover rigs, worksite matting, and rental equipment. Its fleet of specialized rental equipment includes camps, cranes, trucks, forklifts, pumps, gensets, and lighting towers. The Company also focused on offering pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells, along with other well site rental equipment.


TSX:HWO - Post by User

Comment by BigWillieon Jul 02, 2024 10:33am
119 Views
Post# 36114301

RE:RE:RE:Return of capital

RE:RE:RE:Return of capitalwe all understand that, but market doesn't care. Lets see how this drama is going to play out. I am long, with substantial amount of shares by the way. Why people sell after payout date I don't know, but it happen all the time. Why 90% of all IPO's with most excellent business prospects trending down for years I do not know either, but it happens. The only thing that plays in our favour, if anybody wants to see an immediate gratification, is the fact that any kind of payments, like specia dividends etc, draws public atention, and such stocks enjoy a bit more vigorous trading. But that is usually a wrong crowd with weak hands.
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