OTC · Oil & Gas Equipment & Services

High Arctic Energy Services Inc (HGHAF) Stock

$0.64 +0.00% OTC: HGHAF Energy

High Arctic Energy Services, Inc. engages in the provision of oilfield services to exploration and production companies.

Valuation

MetricValue
Price$0.64
Market Cap$8.08M
P/E Ratio8.49
P/B Ratio0.49
P/S Ratio1.02
EPS (TTM)$0.08
52-Week High$0.71
52-Week Low$0.16
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE6.04%
ROA4.44%
ROCE-2.85%
Gross Margin27.16%
Operating Margin-6.93%
Net Margin12.06%
Debt/Equity0.18
Current Ratio2.50

Annual Financials (USD)

Metric20212022202320242025
Revenue$76.0M$80.0M$62.0M$10.0M$11.0M
Operating Profit$-19.0M$-17.0M$1.0M$-3.0M$-1.0M
Net Profit$-19.0M$-37.0M$-13.0M$28.0M$0
EPS$-0.38$-0.75$-0.27$2.27$0.03
Op Margin-25.5%-20.7%2.2%-28.3%-6.5%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$185.0M$134.0M$123.0M$31.0M$30.0M
Total Liabilities$37.0M$19.0M$24.0M$10.0M$8.0M
Cash$12.0M$20.0M$50.0M$3.0M$3.0M
Borrowings$17.0M$6.0M$6.0M$5.0M$4.0M

Latest News

High Arctic Energy Services CFO Resigns; Interim Successor Named MT Newswires · Jun 10, 2026 High Arctic Announces Management Changes GlobeNewswire · Jun 10, 2026 High Arctic Announces Annual General Meeting Results GlobeNewswire · May 15, 2026 High Arctic Energy Services Swings to First Quarter Profits MT Newswires · May 14, 2026 High Arctic Announces 2026 First Quarter Results GlobeNewswire · May 14, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-2.0M$8.0M$11.0M$14.0M$1.0M
Investing Cash Flow$-13.0M$3.0M$22.0M$-25.0M$-2.0M
Financing Cash Flow$0$0$0$-1.0M$0
Net Cash Flow$-21.0M$8.0M$31.0M$-47.0M$0
Free Cash Flow$-9.0M$4.0M$9.0M$12.0M$0

Valuation & Return Ratios

MetricValue
PEG Ratio-0.08
EV / EBITDA3.39
FCF Yield-3.32%
Quick Ratio2.49
Interest Coverage-1.93
Return 1Y0.95%
Return 3Y-180.64%
Return 5Y

Ownership

Insiders Held48.97%
Institutions Held0.03%
Institutions Float Held0.06%
Institutional HolderSharesReport Date
Voya Mutual Funds-Voya Multi-Manager International Small Cap Fund3,6142026-04-30

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
BSENFGieger Energy Corp. $0.12 -2.81% -0.26 $3.25M 0.00%
BUENFBlue Energy Limited $0.00 -40.00 $7.07M 0.00%
GBBLFProvaris Energy Ltd $0.00 -1.43 $1.52M 0.00%
MWCAFMatachewan Consolidated Mines, Limited $0.24 +33.33% 1.10 $3.27M 1.23%
PCQRFPetrolympic Ltd. $0.08 +0.00% -14.99 $11.35M 0.00%

About High Arctic Energy Services Inc

High Arctic Energy Services, Inc. engages in the provision of oilfield services to exploration and production companies. It operates through the following segments: Drilling Services, Production Services, and Ancillary Services. The Drilling Services segment includes High Arctic's drilling services in Papua New Guinea. The Production Services segment is composed of High Arctic's well-servicing and snubbing operations. The Ancillary Services segment refers to High Arctic's oilfield rental equipment in Canada and Papua New Guinea as well as its Canadian nitrogen compliance services. The company was founded in 1993 and is headquartered in Calgary, Canada.

High Arctic Energy Services Inc is headquartered in CA.

High Arctic Energy Services Inc (HGHAF) stock trades at $0.64 with a market capitalization of $8.08M. The stock is valued at a price-to-earnings (P/E) ratio of 8.49, price-to-book of 0.49, price-to-sales of 1.02. Over the past 52 weeks the stock has ranged between $0.16 and $0.71, and currently trades 9.9% below its 52-week high.

On profitability, High Arctic Energy Services Inc generates a return on equity (ROE) of 6.04%, return on capital employed of -2.85%, an operating margin of -6.93%, a net profit margin of 12.06%.

Official website: haes.ca

Related Energy Stocks

XOM Oil & Gas Integrated $152.94 -1.23% CVX Oil & Gas Integrated $186.57 -1.41% TTE Oil & Gas Integrated $86.75 +3.05% COP Oil & Gas Exploration & Production $118.06 +3.47% ENB Oil & Gas Midstream $55.14 -0.20% BP Oil & Gas Integrated $43.32 +3.96% EQNR Oil & Gas Integrated $40.95 +7.00% CNQ Oil & Gas Exploration & Production $46.45 +5.11% MPC Oil & Gas Refining & Marketing $308.72 +0.87% VLO Oil & Gas Refining & Marketing $301.32 +0.82% WMB Oil & Gas Midstream $70.13 -0.04% EPD Oil & Gas Midstream $38.67 +0.10%

Popular Stocks

Apple (AAPL)Microsoft (MSFT)NVIDIA (NVDA)Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Broadcom (AVGO)Eli Lilly (LLY)JPMorgan (JPM)

Screens featuring this stock

High ROE Energy StocksLow P/E Energy StocksHigh Net Margin Energy StocksDividend Energy StocksLow Debt Energy StocksAll stock screens
Run Stock Screener Investing Guides