High Arctic Energy Services Overview
- Year Founded
-
1993
- Status
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Public
- Employees
-
202
- Stock Symbol
-
HWO
- Investments
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6
- Share Price
-
$0.57
- (As of Wednesday Closing)
High Arctic Energy Services General Information
Description
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment, which consists of drilling services; the Production Services segment, which consists of well servicing and snubbing services; the Rental Services segment consists of High Arctic's oilfield rental equipment of pressure control and other oilfield equipment to exploration and production companies in Canada; and the Corporate segment provides management and administrative services to all the corporation's operations. The Rental Services segment generates the majority company's revenue.
Contact Information
Website
www.haes.caCorporate Office
- Calgary Place I, 330-5th Avenue Southwest
- Suite 2350
- Calgary, Alberta T2P 0L4
- Canada
Corporate Office
- Calgary Place I, 330-5th Avenue Southwest
- Suite 2350
- Calgary, Alberta T2P 0L4
- Canada
High Arctic Energy Services Stock Performance
As of 14-May-2025, High Arctic Energy Services’s stock price is $0.57. Its current market cap is $7.27M with 12.7M shares.
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.57 | $0.57 | $0.49 - $4.18 | $7.27M | 12.7M | 8.33K | $1.67 |
High Arctic Energy Services Financials Summary
As of 31-Dec-2024, High Arctic Energy Services has a trailing 12-month revenue of $7.63M.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 10,126 | 10,126 | 10,476 | 44,688 |
| Revenue | 7,635 | 7,635 | 2,506 | 59,380 |
| EBITDA | (605) | (605) | (1,719) | (6,871) |
| Net Income | 20,645 | 20,645 | (9,729) | (28,077) |
| Total Assets | 21,507 | 21,507 | 92,821 | 98,701 |
| Total Debt | 3,250 | 3,250 | 4,784 | 4,197 |
High Arctic Energy Services Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
High Arctic Energy Services Comparisons
Industry
Financing
Details
High Arctic Energy Services Competitors (3)
One of High Arctic Energy Services’s 3 competitors is Western Energy Services, a Corporate Backed or Acquired company based in Calgary, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Western Energy Services | Corporate Backed or Acquired | Calgary, Canada | ||||
| Calfrac Well Services | Corporation | Calgary, Canada | ||||
| Savanna Energy Services | Corporate Backed or Acquired | Calgary, Canada |
High Arctic Energy Services Patents
High Arctic Energy Services Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20090008615-A1 | Roller chain and sprocket system | Inactive | 07-Jun-2007 |
High Arctic Energy Services Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
High Arctic Energy Services Investments & Acquisitions (6)
High Arctic Energy Services’s most recent deal was a Merger/Acquisition with Delta Rental Services for . The deal was made on 28-Dec-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Delta Rental Services | 28-Dec-2023 | Merger/Acquisition | Other Commercial Services | ||
| Precision Drilling (Snubbing Services Equipment in Canada) | 16-Apr-2019 | Corporate Asset Purchase | Other Energy | ||
| Powerstroke Well Control | 16-Aug-2018 | Merger/Acquisition | Other Commercial Services | ||
| Saddle Well Services | 16-Aug-2018 | Merger/Acquisition | Other Commercial Services | ||
| Tervita (Non Core Production Services Division) | 31-Aug-2016 | Merger/Acquisition | Oil and Gas Equipment |
High Arctic Energy Services ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
Rank
Percentile
Energy Services
Industry
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Percentile
Oil & Gas Equipment
Subindustry
Rank
Percentile
High Arctic Energy Services Exits (1)
High Arctic Energy Services’s most recent exit was on 01-Oct-2007 from Optimal Pressure Drilling Services. The exit was categorized as with 2 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Optimal Pressure Drilling Services | 01-Oct-2007 | Completed |
|
High Arctic Energy Services Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Delta Rental Services | Red Deer, Canada | 2016 |
High Arctic Energy Services FAQs
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When was High Arctic Energy Services founded?
High Arctic Energy Services was founded in 1993.
-
Where is High Arctic Energy Services headquartered?
High Arctic Energy Services is headquartered in Calgary, Canada.
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What is the size of High Arctic Energy Services?
High Arctic Energy Services has 202 total employees.
-
What industry is High Arctic Energy Services in?
High Arctic Energy Services’s primary industry is Other Energy Services.
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Is High Arctic Energy Services a private or public company?
High Arctic Energy Services is a Public company.
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What is High Arctic Energy Services’s stock symbol?
The ticker symbol for High Arctic Energy Services is HWO.
-
What is the current stock price of High Arctic Energy Services?
As of 14-May-2025 the stock price of High Arctic Energy Services is $0.57.
-
What is the current market cap of High Arctic Energy Services?
The current market capitalization of High Arctic Energy Services is $7.27M.
-
What is High Arctic Energy Services’s current revenue?
The trailing twelve month revenue for High Arctic Energy Services is $7.63M.
-
Who are High Arctic Energy Services’s competitors?
Western Energy Services, Calfrac Well Services, and Savanna Energy Services are competitors of High Arctic Energy Services.
-
What is High Arctic Energy Services’s annual earnings per share (EPS)?
High Arctic Energy Services’s EPS for 12 months was $1.67.
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