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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 > Wonder if we get any news before year end?
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Post by alertmeipp on Dec 05, 2024 6:55pm

Wonder if we get any news before year end?

Pretty unbelievable that they did all the reorg and they dont have a deal for so long.

if they are just buying small rental businesses here and there, why bother with the reorg?

now they have two even smaller companies instead of one small one.
Comment by colourama on Dec 06, 2024 12:05am
I know the market is hungry for growth, but I personally don't mind if they are taking their time evaluating their options. Right now, they have a low cost, steady, rental business generating cashflow practically tax free, that is being valued at 0 by the market at the moment. I have certain frustrations with management's glacial actions, but I am happy to sit tight.
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