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Compiling comments that experts make about stocks while on public TV.

2016-11-02

Opinion for High Arctic Energy Services Inc (HWO-T)

Signal Price Bias Subject Owned
COMMENT $4.460 UNKNOWN CANADIAN SMALL & MIDCAPS No

Probably a little too early to get excited about the drilling services sector. You need to see better sustained oil prices before a company starts spending more money. This company kept its balance sheet clean right through the cycle. They pay a nice dividend. They are survivors, and are using their strong balance sheet to pick away at acquisitions. They are getting iron at very, very discounted prices. Adding rigs very, very cheaply.

Peter Hodson
CEO & Head of Research, 5i Research Inc. https://www.5iresearch.ca/?aff=Q19W1BBF3N

1 Comment

walterschwager

November 2nd 2016 at 7:17pm

Not clear whether Mr Hodson is taking into account that HWO is also active in Papua New Guinea, and actually has positive cash flow.


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