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High Arctic Energy Services Inc (HWO-T) opinion on 2016-11-02

Last Price Recorded: 3.9100 on 2017-11-16

ON STOCKCHASE SINCE Sep 2006

oil/gas
COMMENT

Peter Hodson
High Arctic Energy Services Inc was $4.460 at time of opinion
Owned : 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.

UNKNOWN

All opinions for HWO-T (41)

11 BUY
4 BUY on WEAKNESS
12 COMMENT
1 DON'T BUY
3 HOLD
2 PAST TOP PICK
1 SELL
1 SPECULATIVE BUY
1 STRONG BUY
3 TOP PICK
2 WATCH
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All opinions for HWO-T (41)

11 BUY
4 BUY on WEAKNESS
12 COMMENT
1 DON'T BUY
3 HOLD
2 PAST TOP PICK
1 SELL
1 SPECULATIVE BUY
1 STRONG BUY
3 TOP PICK
2 WATCH
View All

More experts covering HWO-T

SAVE
Add HWO-T to Watch List
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1 Comment

walterschwager

November 2nd 2016 at 4:17pm

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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