High Arctic Energy Services Inc

High Arctic Energy Services Inc

HGHAF
High Arctic Energy Services IncUS flagOther OTC
0.65
USD
- -
- -
8.25MMarket Cap
High Arctic Energy Services Inc
HGHAF
(Other OTC)

Recent

price

0.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
15
11.3
12.52
12.56
13.09
15.26
15.7
15.79
15.73
14.85
7.34
6.27
6.35
0.28
0.85
0.84
0.87
Revenue per Share
1.82
1.6
2.47
2.02
2.15
2.32
3.4
1.52
0.88
-0.7
-2.1
-1.53
-3
-1.08
2.29
0.03
0.1
Basic EPS, GAAP
1.41
0.92
1.55
1.23
-0.91
0.4
3.19
2.07
2.76
-0.17
1.24
-0.74
0.31
0.92
1.13
0.08
0.08
Free Cash Flow per Basic Share
- -
- -
0.34
0.59
0.69
0.79
0.79
0.79
0.8
0.79
0.13
0.8
0.18
0.18
3.06
- -
- -
Dividend per Share
-16.2
5.18
7.17
8.37
11.1
11.44
14.53
15.24
15.15
13.68
11.28
9.15
5.97
4.75
0.76
0.79
0.86
Book Value per Share
5.25
5.65
7.58
9.2
12.62
14.63
17.38
17.34
18.12
16.45
14.33
12.21
9.46
7.97
1.52
1.58
1.67
Tangible Book Value per Share
8
11
12
12
13
14
13
13
13
12
12
12
12
12
12
13
13
Basic Weighted Avg Shares
119
127
146
153
172
210
208
210
203
186
91
76
77
3
10
11
11
Sales/Revenue/Turnover
20.62
17.22
19.49
18.6
20.43
21.68
21.78
15.08
11.66
-5.07
-30.29
-25.42
-20.98
-152.57
-28.32
-6.47
-6.93
Operating Margin (%)
9
9
10
12
13
17
24
26
26
28
35
24
17
2
3
2
2
Depreciation Expense
14
18
29
25
28
32
45
20
11
-9
-26
-19
-37
-13
28
- -
1
Net Income, GAAP
29.22
15.89
- -
16.89
17.06
27.33
18.88
35.35
49.11
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
12.15
14.15
19.7
16.11
16.41
15.2
21.68
9.66
5.61
-4.74
-28.61
-24.34
-47.28
-388.27
270.4
3.35
12.06
Profit Margin (%)
-3
24
37
42
42
43
29
54
57
36
45
30
59
63
3
4
5
Working Capital
- -
12
14
7
- -
4
- -
- -
- -
9
18
15
5
5
4
4
4
LT Debt
42
64
89
112
166
201
230
231
234
206
177
149
115
99
21
22
23
Total Equity
20.73
23.05
- -
21.24
20.19
17.38
15.7
8.38
5.14
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
-25.92
-231.93
- -
24.55
22.46
20.97
24.05
9.9
5.84
- -
- -
- -
- -
- -
- -
- -
10.34
Return on Capital (%)
- -
- -
40.56
26.54
22.8
21.06
25.79
10.27
5.72
-4.8
-16.74
-14.82
-39.7
-20.14
84.22
3.65
12.99
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
- -
- -
LT Borrowings
3
3
3
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
11
11
12

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
7
8
8
Cash, Cash Equivalents & STI
3
3
3
Accounts Receivable, Net
3
3
2
Inventories
- -
- -
- -
Total Current Liabilities
3
4
3
Payables & Accruals
2
4
3
ST Debt
1
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-13.66%
-25.34%
4.44%
Free Cash Flow
-44.24%
-34.58%
-92.42%
Net Income, GAAP
-44.94%
-82.01%
-98.74%
Sales/Revenue/Turnover
3.79%
20.15%
1.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3
3
3
2
10
2025
2
2
3
3
11
2026
3
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
-0.14
2.19
- -
2.29
2025
-0.01
-0.02
0.07
- -
0.03
2026
0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.06
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
High Arctic Energy Services Inc. provides specialized oilfield rental equipment and services focused on pressure control and well completion operations in western Canada. The company offers an extensive lineup of rental products including rig matting, camps, material handling equipment, drilling support tools, pressure control equipment, and high-pressure well stimulation gear through its Delta Rental Services operations based in Red Deer and Whitecourt, Alberta; it also holds a 42% equity investment in Team Snubbing Services Inc., which delivers snubbing and hydraulic workover services across Canada and Alaska. High Arctic targets exploration and production companies in the Western Canadian Sedimentary Basin, with principal operations in Alberta and supplementary activities through investments. Founded in 1993 and headquartered at Suite 2350, 330 - 5th Ave SW, Calgary, Alberta, Canada, the company maintains industrial properties in Clairmont and Whitecourt, Alberta. In recent developments, High Arctic completed a major reorganization in 2024, spinning out its Papua New Guinea business as High Arctic Overseas Holdings Corp. listed on the TSX Venture Exchange and returning $37.8 million in capital to shareholders; it acquired Delta Rental Services in late 2023, boosting rental revenues 242% year-to-date through September 2024 and delivering positive adjusted EBITDA; additionally, the company advanced cost rationalization efforts, reduced general and administrative expenses including board compensation, and positioned for growth through selective investments and potential acquisitions in Canada.

Company News

APIChat
  • High Arctic Announces 2026 First Quarter Results

  • High Arctic Overseas Announces Intention to Recommence Drilling Activity in Papua New Guinea

  • High Arctic Announces Annual General Meeting Results

  • High Arctic Announces 2026 First Quarter Results

  • High Arctic Announces 2025 Fourth Quarter & Full Year Results

  • High Arctic Announces 2025 Fourth Quarter and Annual Financial and Operating Results

  • High Arctic Overseas Announces 2025 Third Quarter Results

  • Canadian scientists describe an extinct rhino species from Canada's High Arctic

  • Hornless rhino roamed Canadian High Arctic 23 million years ago

  • High Arctic Overseas Announces 2025 Second Quarter Results

  • High Arctic Announces the Executive Management Changes

  • High Arctic Announces 2025 Second Quarter Results

  • High Arctic Overseas Issues Clarifying News Release

  • High Arctic Overseas Announces Executive Appointment

  • High Arctic Announces Annual General and Special Meeting Results

  • High Arctic Overseas Announces 2025 First Quarter Results

  • High Arctic Announces 2025 First Quarter Results

  • High Arctic Overseas Announces 2024 Fourth Quarter Results

  • High Arctic Overseas Announces Issuance of Stock Options

  • High Arctic Overseas Announces 2024 Third Quarter Results