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High Arctic Energy Services Inc.

High Arctic Energy Services Inc.

HWO · TO · Energy / Oil & Gas Equipment & Services

1.34CAD+0.16 (+13.56%)

Price History

Full chart

Market Stats

Previous Close1.18
Open1.25
Day Range1.25 – 1.50
52-Week Range0.78 – 1.17
Volume25.53K
Market Cap14.09M
P/E (TTM)8.54
Forward P/E95.24
EPS0.13
Dividend Yield0.00%
Beta0.03
50-Day Avg0.989
200-Day Avg0.8925

About

High Arctic Energy Services Inc., an oilfield services company, provides oilfield services to exploration and production companies in Western Canada. It operates through two segments: Rental Services and Investments and Corporate. The company leases oilfield and pressure control equipment comprising high-pressure blowout preventers, high pressure valves and spooling, high pressure pipework, boilers, pumps, lighting towers, oilfield tubular handling tools, and rig shacks. It also provides snubbing and well servicing services. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Lonn Bate
  • Employees16
  • HeadquartersCalgary Place I, Calgary, AB, Canada, T2P 0L4, Canada
  • Websitehttps://haes.ca

Leadership

  • Mr. Lonn BateInterim Chief Executive Officer
  • Ms. Dorraine NealCorporate Controller & Interim CFO
  • Mr. Trevor BarkerCOO & VP Operations
  • Mr. Justin D. MorricalVice President of Sales & Marketing

Financials

Income Statement

Currency: CAD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue82.70M123.80M130.10M153.70M122.60M119.30M127.20M146.20M152.70M171.80M209.90M208.00M210.20M203.30M185.50M90.80M76.44M80.02M61.93M10.47M10.64M
Growth (%)-+49.70%+5.09%+18.14%-20.23%-2.69%+6.62%+14.94%+4.45%+12.51%+22.18%-0.91%+1.06%-3.28%-8.76%-51.05%-15.81%+4.68%-22.60%-83.09%+1.63%
Cost of Revenue45.80M72.30M95.30M107.20M84.70M77.30M86.20M108.00M113.70M123.40M147.80M146.80M160.70M161.20M178.60M105.00M84.86M85.80M50.62M7.86M7.62M
Gross Profit36.90M51.50M34.80M46.50M37.90M42.00M41.00M38.20M39.00M48.40M62.10M61.20M49.50M42.10M6.90M-14.20M-8.42M-5.78M11.31M2.61M3.03M
Gross Margin44.62%41.60%26.75%30.25%30.91%35.21%32.23%26.13%25.54%28.17%29.59%29.42%23.55%20.71%3.72%-15.64%-11.02%-7.22%18.26%24.90%28.44%
Operating Expense19.90M32.70M59.20M28.80M23.90M19.20M17.70M9.70M8.60M13.10M16.60M15.90M17.80M18.40M15.20M13.60M11.04M10.79M9.96M5.57M3.71M
Operating Income17.00M18.80M-24.40M17.70M14.00M22.80M23.30M28.50M30.40M35.30M45.50M45.30M31.70M23.70M-8.30M-27.80M-19.47M-16.57M1.35M-2.96M-689.00K
Operating Margin20.56%15.19%-18.75%11.52%11.42%19.11%18.32%19.49%19.91%20.55%21.68%21.78%15.08%11.66%-4.47%-30.62%-25.47%-20.71%2.18%-28.32%-6.47%
EBITDA27.30M34.90M-1.80M10.80M14.80M35.00M32.20M38.20M40.70M47.20M61.00M80.70M58.30M48.70M23.10M10.40M4.39M-9.41M-14.32M724.00K2.98M
EBITDA Margin33.01%28.19%-1.38%7.03%12.07%29.34%25.31%26.13%26.65%27.47%29.06%38.80%27.74%23.95%12.45%11.45%5.75%-11.76%-23.12%6.91%28.05%
Net Income600.00K17.10M-69.60M-39.60M-16.50M12.80M18.00M28.80M24.60M28.20M27.10M45.10M20.30M11.40M-8.80M-25.90M-18.61M-36.58M-13.14M28.31M356.00K
Net Income Margin0.73%13.81%-53.50%-25.76%-13.46%10.73%14.15%19.70%16.11%16.41%12.91%21.68%9.66%5.61%-4.74%-28.52%-24.34%-45.72%-21.21%270.40%3.35%
Interest Expense900.00K900.00K9.70M20.60M11.30M5.20M1.90M1.00M800.00K400.00K400.00K700.00K1.00M600.00K1.10M800.00K670.00K732.00K231.00K535.00K293.00K
Interest Expense % of Total Revenue1.09%0.73%7.46%13.40%9.22%4.36%1.49%0.68%0.52%0.23%0.19%0.34%0.48%0.30%0.59%0.88%0.88%0.91%0.37%5.11%2.75%

Balance Sheet

Currency: CAD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets115.60M233.40M228.80M166.40M110.80M91.60M93.50M118.90M137.10M188.70M244.10M305.10M267.00M272.40M251.80M214.20M185.45M133.96M123.14M30.87M29.88M
Total Liabilities33.80M157.40M183.40M156.70M116.60M48.80M29.90M30.30M25.30M23.10M42.90M74.90M36.20M38.20M46.20M36.90M36.60M18.73M23.80M9.76M7.84M
Total Equity24.00M76.00M45.40M9.70M-5.80M42.80M63.60M88.60M111.80M165.60M201.20M230.20M230.80M234.20M205.60M177.30M148.85M115.23M99.33M21.11M22.04M
Cash-3.10M21.00M22.20M27.60M24.30M16.50M27.40M33.70M37.20M15.50M27.30M22.10M31.50M9.30M32.60M12.04M19.56M50.33M3.12M3.29M
Total Debt13.70M118.60M146.20M119.20M93.30M36.50M17.20M13.70M6.70M-14.60M26.00M1.70M700.00K10.70M19.20M16.52M5.70M6.35M4.66M4.29M
Net Debt13.70M115.50M125.20M97.00M65.70M12.20M700.00K-13.70M-27.00M-37.20M-11.50M-1.30M-20.40M-30.80M1.40M-13.40M4.48M-13.86M-43.98M1.54M997.00K

Cash Flow

Currency: CAD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-3.20M39.10M-18.90M27.60M8.10M17.10M25.20M38.00M36.80M43.80M45.50M51.90M34.30M42.10M12.70M19.70M-1.80M7.86M11.22M14.27M1.06M
Investing Cash Flow-53.90M-120.20M-31.30M-13.60M24.50M8.20M-13.30M-19.90M-18.50M-52.00M-59.40M-43.30M-3.20M-13.60M-17.40M-1.20M-5.57M6.65M24.21M-23.09M-458.00K
Financing Cash Flow57.10M83.00M68.10M-12.80M-27.20M-28.60M-20.10M-7.00M-13.50M8.80M-12.00M3.80M-34.90M-20.70M-16.30M5.10M-13.39M-6.74M-3.93M-39.10M-421.00K
Capital Expenditure52.20M123.70M48.70M19.80M3.60M6.70M14.80M19.90M21.90M55.70M40.00M9.60M6.80M9.80M9.90M4.90M7.24M4.07M1.96M1.95M1.23M
Free Cash Flow-55.40M-84.60M-67.60M7.80M4.50M10.40M10.40M18.10M14.90M-11.90M5.50M42.30M27.50M32.30M2.80M14.80M-9.04M3.79M9.26M12.33M-173.00K
Dividends Paid9.90M23.40M-----3.50M7.20M9.10M10.90M10.50M10.50M10.30M9.90M1.60M9.75M2.19M2.19M37.84M0
FCF to OCF1731.25%-216.37%357.67%28.26%55.56%60.82%41.27%47.63%40.49%-27.17%12.09%81.50%80.17%76.72%22.05%75.13%503.01%48.20%82.53%86.36%-16.32%
Dividend Paid to FCF-17.87%-27.66%-----19.34%48.32%-76.47%198.18%24.82%38.18%31.89%353.57%10.81%-107.83%57.86%23.66%306.98%0.00%

Earnings

Report DateDec 31, 2005May 11, 2006Aug 11, 2006Nov 10, 2006Mar 22, 2007May 9, 2007Aug 15, 2007Nov 15, 2007Mar 24, 2008May 15, 2008Aug 14, 2008Dec 3, 2008Mar 23, 2009May 15, 2009Aug 7, 2009Nov 13, 2009Mar 12, 2010May 17, 2010Aug 13, 2010Nov 12, 2010Mar 21, 2011May 16, 2011Aug 12, 2011Nov 11, 2011Mar 20, 2012May 14, 2012Aug 13, 2012Nov 14, 2012Mar 13, 2013May 14, 2013Aug 14, 2013Nov 14, 2013Mar 14, 2014May 13, 2014Aug 13, 2014Nov 13, 2014Mar 12, 2015May 8, 2015Aug 12, 2015Nov 12, 2015Mar 11, 2016May 13, 2016Aug 12, 2016Nov 10, 2016Mar 21, 2017May 10, 2017Aug 9, 2017Nov 8, 2017Mar 9, 2018May 10, 2018Aug 9, 2018Nov 7, 2018Mar 13, 2019May 9, 2019Aug 8, 2019Nov 6, 2019Mar 12, 2020May 14, 2020Aug 12, 2020Nov 12, 2020Mar 11, 2021May 12, 2021Aug 11, 2021Nov 12, 2021Mar 9, 2022May 12, 2022Aug 12, 2022Nov 9, 2022Mar 28, 2023May 10, 2023Aug 4, 2023Nov 16, 2023Jan 10, 2024May 16, 2024Aug 15, 2024Nov 6, 2024May 13, 2025Aug 14, 2025Nov 5, 2026
EPS Estimate-4.402.600.701.000.83-3.40-1.80-------------------0.520.090.600.060.340.100.650.080.450.340.090.160.660.680.600.390.430.130.530.170.190.200.090.150.360.100.00-0.08-0.09-0.24-0.04-0.64-0.32-0.09-0.40-0.44-0.36-0.24-0.04-0.24-0.13-----0.07------
EPS Actual2.304.40-1.801.003.401.30-3.60-6.20-28.96-1.04-4.38-1.51-11.600.85-1.14-1.89-5.001.160.400.200.400.58-0.010.240.640.900.480.520.120.680.160.470.130.720.520.280.600.090.520.440.720.840.480.640.160.680.360.200.240.080.200.58-0.16-0.02-0.32-0.08-0.24-0.04-0.48-0.48-0.23-0.44-0.32-0.40-0.36-0.05-1.68-0.09-0.19-0.01-0.00-0.31-0.420.07-0.162.19-0.06-0.02-
Surprise-0.00%-169.23%42.86%240.00%56.63%-5.88%-244.44%-------------------0.00%33.33%13.33%166.67%38.24%30.00%10.77%550.00%-37.78%76.47%0.00%225.00%-33.33%5.88%40.00%23.08%48.84%23.08%28.30%111.76%5.26%20.00%-11.11%33.33%61.11%-260.00%--300.00%11.11%0.00%0.00%25.00%-50.00%-155.56%-10.00%27.27%-11.11%-50.00%-25.00%-600.00%30.77%-----500.00%------
Timing-After-hoursPre-market-Pre-market-Pre-marketPre-market-------------------After-hours-After-hoursAfter-hoursPre-market-After-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-market-After-hoursPre-marketAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap14.09M
Enterprise Value14.80M
Trailing P/E8.54
Forward P/E95.24
Price / Sales1.22
Price / Book0.59
EPS0.13
Book Value1.82
Revenue (TTM)11.59M
Gross Profit (TTM)5.62M
EBITDA1.28M
Profit Margin14.05%
Operating Margin-4.28%
Return on Equity7.38%
Return on Assets-1.36%
Shares Outstanding12.70M
Shares Float6.45M
Beta0.03
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20243×
1.20Aug 16, 2024100000.00Jul 25, 20243.04Jul 18, 2024
20239×
0.02Sep 28, 20230.02Aug 30, 20230.02Jul 28, 20230.02Jun 29, 20230.02May 30, 20230.02Apr 27, 20230.02Mar 30, 20230.02Feb 27, 20230.02Jan 30, 2023
202211×
0.02Dec 29, 20220.02Nov 29, 20220.02Oct 28, 20220.02Sep 28, 20220.02Aug 30, 20220.02Jul 28, 20220.02Jun 29, 20220.02Jun 7, 20220.02May 30, 20220.02Apr 29, 20220.04Apr 28, 2022
20211×
0.80Oct 26, 2021

Stock Splits

  • Aug 16, 20241:4
  • Jun 20, 20111:5