XTSEHWO
Market cap9mUSD
Jan 02, Last price
1.11CAD
1D
0.00%
1Q
-3.48%
Jan 2017
-79.06%
IPO
-86.79%
Name
High Arctic Energy Services Inc
Chart & Performance
Profile
High Arctic Energy Services Inc., an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers snubbing services, including foothills standalone snubbing system for completions and workovers; hydraulic workover units, such as a patented L-Frame equipment configuration; rig assist snubbing unit, a truck-mounted hydraulic system to manage underbalanced wellbore conditions; and power tower to install a snubbing unit and blowout preventers in one lift. The company also rents oilfield equipment comprising accumulators, blowout preventers, casing cutters and scrappers, hydraulic catwalks, rig shacks, chokes, boilers, boiler blowdown tanks, generators, light towers, cross over and rotary subs, elevators, EUE collars, fire suppression kits, fuel tank skids, hot tap kits, mud cans, pickers, pipe racks, power swivels, pumps, slips, spools, flanges, thread washers, tongs, trailers and accommodations, tubing, gate, plug, hydraulic/air actuated, and safety valves; and kelly cocks for drilling, completions, workover, and abandonment of oil and gas operations. In addition, it provides nitrogen pumping units; and well servicing. Further, the company owns and operates two heli-portable drilling rigs in Papua New Guinea; and offers support equipment, such as rig matting, crawler cranes, water pumps, forklifts/wheel loaders, telehandlers, lighting towers, camps, trucks, wash-down packages, vehicles, and drill pipes and BHA. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 61,933 -22.60% | 80,020 4.68% | |||||||
Cost of revenue | 60,585 | 97,097 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 1,348 | (17,077) | |||||||
NOPBT Margin | 2.18% | ||||||||
Operating Taxes | (3,419) | 8,888 | |||||||
Tax Rate | |||||||||
NOPAT | 4,767 | (25,965) | |||||||
Net income | (13,139) -64.08% | (36,583) 96.61% | |||||||
Dividends | (2,190) | (2,193) | |||||||
Dividend yield | 4.09% | 2.90% | |||||||
Proceeds from repurchase of equity | (25) | (60) | |||||||
BB yield | 0.05% | 0.08% | |||||||
Debt | |||||||||
Debt current | 1,134 | 676 | |||||||
Long-term debt | 8,031 | 6,502 | |||||||
Deferred revenue | 4,028 | ||||||||
Other long-term liabilities | 2,140 | (4,028) | |||||||
Net debt | (49,348) | (20,120) | |||||||
Cash flow | |||||||||
Cash from operating activities | 11,216 | 7,863 | |||||||
CAPEX | (1,959) | (4,073) | |||||||
Cash from investing activities | 24,209 | 6,652 | |||||||
Cash from financing activities | (3,933) | (6,737) | |||||||
FCF | 55,311 | 28,762 | |||||||
Balance | |||||||||
Cash | 50,331 | 19,559 | |||||||
Long term investments | 8,182 | 7,739 | |||||||
Excess cash | 55,416 | 23,297 | |||||||
Stockholders' equity | 84,782 | 100,546 | |||||||
Invested Capital | 52,402 | 97,403 | |||||||
ROIC | 6.36% | ||||||||
ROCE | 1.25% | ||||||||
EV | |||||||||
Common stock shares outstanding | 48,716 | 48,730 | |||||||
Price | 1.10 -29.03% | 1.55 4.03% | |||||||
Market cap | 53,588 -29.05% | 75,532 3.92% | |||||||
EV | 4,240 | 55,412 | |||||||
EBITDA | 11,301 | 621 | |||||||
EV/EBITDA | 0.38 | 89.23 | |||||||
Interest | 368 | 1,401 | |||||||
Interest/NOPBT | 27.30% |