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Bullboard - Stock Discussion Forum 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 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... see more

TSX:HWO - Post Discussion

High Arctic Energy Services Inc > Dividend increase?
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Post by RoboticSlave on Jul 07, 2022 2:54pm

Dividend increase?

what do you all think the potential for an increase in the dividend is? From what I see it used to be higher pre-covid and now business seems to be booming even better then it was back then so I'm hoping it is only a matter of time before they increase it
Comment by AVALONSHARK on Jul 08, 2022 4:22pm
in the last conference call, the ceo mentioned that the expect to deploy one rig at the end of this year, another at the beginning of 2023 and posiblly 1 or 2 by the end of next year. If that happens, that would mean HWO will operate at full capacity by end of 2023. Last time they were operating at full capacity in PNG the sp was at $4 and they were paying $0.0165/share in dividends.......unless ...more