High Arctic Energy Services Inc

HWO-T

Analysis and Opinions about HWO-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
March 24, 2020
(A Top Pick Mar 28/19, Down 80%) No debt and strong balance sheet. They just replaced their CEO whom he will soon meet. HWO will survive. They cut their dividend to zero. Strong fundamentals means they will endure.
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(A Top Pick Mar 28/19, Down 80%) No debt and strong balance sheet. They just replaced their CEO whom he will soon meet. HWO will survive. They cut their dividend to zero. Strong fundamentals means they will endure.
BUY WEAKNESS
BUY WEAKNESS
September 16, 2019
He likes it. They are in both Canadian services and drill rigs in New Guinea. It has a good balance sheet. 7% dividend last week and it is secure. He would add on weakness.
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He likes it. They are in both Canadian services and drill rigs in New Guinea. It has a good balance sheet. 7% dividend last week and it is secure. He would add on weakness.
HOLD
HOLD
June 20, 2019
It has a dividend yield of 6.3% and is involved in drilling rigs that are helicoptered in. They have a service rig business in Canada and the US. They are large on both sides and building their US side. This one has a dividend so there is more support than others is the space.
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It has a dividend yield of 6.3% and is involved in drilling rigs that are helicoptered in. They have a service rig business in Canada and the US. They are large on both sides and building their US side. This one has a dividend so there is more support than others is the space.
TOP PICK
TOP PICK
March 28, 2019
They have two trains to move LNG and will potentially put on two more. They have a Canadian service business they are moving into the States and have no debt. About a 5% yield. He has a $4.80 target with $18 in the cycle. This is his mid-cap recommendation today. (Analysts’ price target is $4.75)
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They have two trains to move LNG and will potentially put on two more. They have a Canadian service business they are moving into the States and have no debt. About a 5% yield. He has a $4.80 target with $18 in the cycle. This is his mid-cap recommendation today. (Analysts’ price target is $4.75)
PAST TOP PICK
PAST TOP PICK
October 19, 2017

(A Past Top Pick Jan 18/17, Down 24%) They have a big drill program in New Guinea. They look very good from a financial point of view. You can’t fight the tape in the energy sector. They have no debt.

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(A Past Top Pick Jan 18/17, Down 24%) They have a big drill program in New Guinea. They look very good from a financial point of view. You can’t fight the tape in the energy sector. They have no debt.

COMMENT
COMMENT
June 28, 2017

The key question is if the energy market turns around. If it did, this would be on the top of his list for stocks to own. They are in great shape on the balance sheet. It scores in the top 1% of valuation. This company will be a survivor. The problem is, he wants a stock that isn’t continually going lower every day.

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The key question is if the energy market turns around. If it did, this would be on the top of his list for stocks to own. They are in great shape on the balance sheet. It scores in the top 1% of valuation. This company will be a survivor. The problem is, he wants a stock that isn’t continually going lower every day.

BUY
BUY
March 28, 2017

She does not tend to look at PE ratios in oil services companies. They have assets in New Guinea and Canada. They are looking at an LNG project. There may be some downside risk on contract negotiations. It is generally a well run business.

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She does not tend to look at PE ratios in oil services companies. They have assets in New Guinea and Canada. They are looking at an LNG project. There may be some downside risk on contract negotiations. It is generally a well run business.

BUY WEAKNESS
BUY WEAKNESS
March 27, 2017

You could nibble away at it. He is not a real big fan of the sector as it is rolling over a bit. He likes their dividend, balance sheet and management team.

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You could nibble away at it. He is not a real big fan of the sector as it is rolling over a bit. He likes their dividend, balance sheet and management team.

TOP PICK
TOP PICK
January 18, 2017

They have Papua New Guinea operations and Canadian operations. All through the energy downturn, this company kept a clean balance sheet, and most years they had an excess cash position. Last year, they took advantage of it and bought 68 new rigs in Canada. Now the cycle starts to turn. Trading at 8X earnings. Dividend yield of 3.65%. (Analysts’ price target is $6.29.)

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They have Papua New Guinea operations and Canadian operations. All through the energy downturn, this company kept a clean balance sheet, and most years they had an excess cash position. Last year, they took advantage of it and bought 68 new rigs in Canada. Now the cycle starts to turn. Trading at 8X earnings. Dividend yield of 3.65%. (Analysts’ price target is $6.29.)

COMMENT
COMMENT
November 2, 2016

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.

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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.

COMMENT
COMMENT
October 26, 2016

This has been on his radar screen. It is involved in the service side of things in Papua New Guinea. The 2 rigs they have are on longer-term contracts. The growth will be if they get into other businesses. There are lots of rumours floating around that they are looking to make acquisitions in Canada. That is where the opportunities lie. The stock is thinly and can be pushed around with institutional orders.

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This has been on his radar screen. It is involved in the service side of things in Papua New Guinea. The 2 rigs they have are on longer-term contracts. The growth will be if they get into other businesses. There are lots of rumours floating around that they are looking to make acquisitions in Canada. That is where the opportunities lie. The stock is thinly and can be pushed around with institutional orders.

BUY WEAKNESS
BUY WEAKNESS
September 12, 2016

He likes it. They made an acquisition a couple of weeks ago. They bought assets at 15-20 cents on the dollar. He has been picking away on it. It is still early with a lot of the service companies. They are at the bottom of the cycle. When they move it will be quick and be tough to get in.

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He likes it. They made an acquisition a couple of weeks ago. They bought assets at 15-20 cents on the dollar. He has been picking away on it. It is still early with a lot of the service companies. They are at the bottom of the cycle. When they move it will be quick and be tough to get in.

BUY
BUY
September 8, 2016

They never experienced the low return on capital due to oil pricing. It is due to their location. They are a rare provider to China in that area. He saw no downturn in the return on capital so this is a great company.

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They never experienced the low return on capital due to oil pricing. It is due to their location. They are a rare provider to China in that area. He saw no downturn in the return on capital so this is a great company.

BUY WEAKNESS
BUY WEAKNESS
June 10, 2016

The sector has had quite a rebound, and he thinks it is like the canary in the mineshaft. It led on the way down and is now trying to catch up. He would Buy this, but would wait for a bit of a pullback to $3.89.

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The sector has had quite a rebound, and he thinks it is like the canary in the mineshaft. It led on the way down and is now trying to catch up. He would Buy this, but would wait for a bit of a pullback to $3.89.

HOLD
HOLD
May 17, 2016

Ranks fairly well in his process. He looks for companies that have solid, steady, growing earnings. This certainly fits that bill. There are 2 things against the stock price. 1.) Liquidity. A shareholder still owns a significant amount, and has been selling it down, so liquidity has improved a fair bit. 2.) Size. Not a super big company, so it doesn’t fit into a lot of the portfolios of the larger portfolio managers. They have a great operation with their rigs operating under contract in Papua New Guinea. Also, has a great yield that is well-maintained. Wouldn’t be surprised to see them make some acquisitions and start to expand the business.

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Ranks fairly well in his process. He looks for companies that have solid, steady, growing earnings. This certainly fits that bill. There are 2 things against the stock price. 1.) Liquidity. A shareholder still owns a significant amount, and has been selling it down, so liquidity has improved a fair bit. 2.) Size. Not a super big company, so it doesn’t fit into a lot of the portfolios of the larger portfolio managers. They have a great operation with their rigs operating under contract in Papua New Guinea. Also, has a great yield that is well-maintained. Wouldn’t be surprised to see them make some acquisitions and start to expand the business.

Showing 1 to 15 of 45 entries

High Arctic Energy Services Inc(HWO-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for High Arctic Energy Services Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

High Arctic Energy Services Inc(HWO-T) Frequently Asked Questions

What is High Arctic Energy Services Inc stock symbol?

High Arctic Energy Services Inc is a Canadian stock, trading under the symbol HWO-T on the Toronto Stock Exchange (HWO-CT). It is usually referred to as TSX:HWO or HWO-T

Is High Arctic Energy Services Inc a buy or a sell?

In the last year, 3 stock analysts published opinions about HWO-T. 2 analyst recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for High Arctic Energy Services Inc.

Is High Arctic Energy Services Inc a good investment or a top pick?

High Arctic Energy Services Inc was recommended as a Top Pick by Josef Schachter on 2020-03-24. Read the latest stock experts ratings for High Arctic Energy Services Inc.

Why is High Arctic Energy Services Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is High Arctic Energy Services Inc worth watching?

3 stock analysts on Stockchase covered High Arctic Energy Services Inc In the last year. It is a trending stock that is worth watching.

What is High Arctic Energy Services Inc stock price?

On 2020-04-06, High Arctic Energy Services Inc (HWO-T) stock closed at a price of $0.56.