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TSE:HWO

1.65
0.06 (3.77%) 1d
0
Showing 1 to 15 of 45 entries
PAST TOP PICK
(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.
oil / gas
BUY on WEAKNESS
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.
oil / gas
HOLD
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.
oil / gas
TOP PICK
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)
oil / gas
PAST TOP PICK

(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.

oil / gas
COMMENT

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.

oil / gas
BUY

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.

oil / gas
BUY on WEAKNESS

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.

oil / gas
TOP PICK

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.)

oil / gas
COMMENT

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.

oil / gas
COMMENT

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.

oil / gas
BUY on WEAKNESS

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.

oil / gas
BUY

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.

oil / gas
BUY on WEAKNESS

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.

oil / gas
HOLD

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.

oil / gas
Showing 1 to 15 of 45 entries

High Arctic Energy Services Inc(HWO-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

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, there was no coverage of High Arctic Energy Services Inc published on Stockchase.

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 on . 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?

0 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 2021-10-20, High Arctic Energy Services Inc (HWO-T) stock closed at a price of $1.65.