HWO : High Arctic Energy Services Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

High Arctic Energy Services Inc trades with the ticker HWO on the TSX and is in the Oil & Gas Equipment & Services industry.

Overview
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 drilling services, including provision of drilling personnel; well servicing and snubbing services; and hydraulic workover units. The company also rents oilfield equipment. In addition, it provides nitrogen pumping units; 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. The company was founded in 1993 and is headquartered in Calgary, Canada.
 

Looking to invest in High Arctic Energy Services Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

HWO.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $52.561MM

PE Ratio:

Price: 2054.65 (Updated: 3/12/2024 0:47:16)



High Arctic Energy Services Inc (HWO) vs Competitors in Oil & Gas Equipment & Services

Lets see how HWO.TO stacks up against others in the Oil & Gas Equipment & Services asset management industry. We have identified its main peers as:

CES Energy Solutions Corp, Calfrac Well Services Ltd, Enerflex Ltd, Essential Energy Services Ltd, McCoy Global Inc

.

Oil & Gas Equipment & Services Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
CES Energy Solutions Corp (CEU) $1,104.131 8.464 5.128 2.5%
Calfrac Well Services Ltd (CFW) $389.09 2.33 1.994 N/A%
Enerflex Ltd (EFX) $1,044.958 N/A 6.205 1.2%
Essential Energy Services Ltd (ESN) $50.2 40.0 5.225 0.0%
High Arctic Energy Services Inc (HWO) $52.561 N/A -0.744 5.6%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas Equipment & Services

  • High Arctic Energy Services Inc (HWO) vs CES Energy Solutions Corp (CEU)
    • CEU has higher EPS (0.56 vs -0.5). HWO has higher dividend yield (5.6% vs 2.5%). HWO has a P/E under 0, indicating CEU (P/E 8.464) is in a better position.
  • High Arctic Energy Services Inc (HWO) vs Calfrac Well Services Ltd (CFW)
    • CFW has higher EPS (2.06 vs -0.5). HWO provides dividends, while CFW does not. HWO has a P/E under 0, indicating CFW (P/E 2.33) is in a better position.
  • High Arctic Energy Services Inc (HWO) vs Enerflex Ltd (EFX)
    • HWO has higher EPS (-0.5 vs -0.9). HWO has higher dividend yield (5.6% vs 1.2%). EFX and HWO both have P/E’s under 0.
  • High Arctic Energy Services Inc (HWO) vs Essential Energy Services Ltd (ESN)
    • ESN has higher EPS (0.01 vs -0.5). HWO has higher dividend yield (5.6% vs 0.0%). HWO has a P/E under 0, indicating ESN (P/E 40.0) is in a better position.
  • High Arctic Energy Services Inc (HWO) vs McCoy Global Inc (MCB)
    • MCB has higher EPS (0.39 vs -0.5). HWO has higher dividend yield (5.6% vs 1.9%). HWO has a P/E under 0, indicating MCB (P/E 5.385) is in a better position.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-0.74) than the industry average (3.61), indicating attractive valuation.
 

How to Buy HWO stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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