High Arctic Energy Services - HWO Stock Forecast, Price & News

High Arctic Energy Services Inc., an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers snubbing services, including foothills standalone snubbing system for completions and workovers; hydraulic workover units, such as a patented L-Frame equipment configuration; rig assist snubbing unit, a truck-mounted hydraulic system to manage underbalanced wellbore conditions; and power tower to install a snubbing unit and blowout preventers in one lift. The company also rents oilfield equipment comprising accumulators, blowout preventers, casing cutters and scrappers, hydraulic catwalks, rig shacks, chokes, boilers, boiler blowdown tanks, generators, light towers, cross over and rotary subs, elevators, EUE collars, fire suppression kits, fuel tank skids, hot tap kits, mud cans, pickers, pipe racks, power swivels, pumps, slips, spools, flanges, thread washers, tongs, trailers and accommodations, tubing, gate, plug, hydraulic/air actuated, and safety valves; and kelly cocks for drilling, completions, workover, and abandonment of oil and gas operations. In addition, it provides nitrogen pumping units; and well servicing. Further, the company owns and operates two heli-portable drilling rigs in Papua New Guinea; and offers support equipment, such as rig matting, crawler cranes, water pumps, forklifts/wheel loaders, telehandlers, lighting towers, camps, trucks, wash-down packages, vehicles, and drill pipes and BHA. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada.

High Arctic Energy Services Trading Up 2.6 %

HWO Stock opened at C$1.58 on Friday. The company has a market capitalization of C$77.00 million and a PE ratio of -4.79. High Arctic Energy Services has a one year low of C$1.15 and a one year high of C$2.00. The company's 50 day moving average price is C$1.55 and its two-hundred day moving average price is C$1.65. The company has a debt-to-equity ratio of 11.26, a quick ratio of 2.25 and a current ratio of 2.88.

High Arctic Energy Services (TSE:HWO - Get Rating) last posted its quarterly earnings results on Thursday, May 12th. The company reported C($0.05) EPS for the quarter, topping the consensus estimate of C($0.08) by C$0.03. The business had revenue of C$28.70 million for the quarter, compared to analysts' expectations of C$25.00 million. As a group, analysts predict that High Arctic Energy Services will post -0.08 earnings per share for the current fiscal year.