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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 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... see more

TSX:HWO - Post Discussion

High Arctic Energy Services Inc > BIG Payout announced at AGM
View:
Post by Possibleidiot01 on May 11, 2023 5:58pm

BIG Payout announced at AGM

Conference call started as a gong show - details to follow  - 13 minutes late and then 7 minutes of silence as Mike Maquire had his microphone muted.

$38.2 miliion of the cash and cash equivalents on hand at March 31, 2023 totaled $46,745 an increase of $27,186 from the December 31, 2022 balance of $19,559.

  • After the final payment from the sale of Well Servicing, the Board of Directors is assessing the merit of a substantive cash return to shareholders including the optimal capital and cost structure.
Comment by Possibleidiot01 on May 11, 2023 6:44pm
71 cents a share
Comment by auburn2 on May 11, 2023 7:10pm
The conference call is schedule for tomorrow.
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