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High Arctic Energy Services Inc (HWO.TO)

HWO.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

High Arctic Energy qtrly EPS $‍0.05​
Thursday, 9 Nov 2017 08:52pm EST 

Nov 9 (Reuters) - High Arctic Energy Services Inc :‍Drilling services revenue declined 46% in quarter to $17.7 million from $32.9 million in Q3 of 2016 ​.High Arctic reports 2017 third quarter results.Qtrly EPS $‍0.05​.Qtrly adjusted EPS $‍0.05​.‍Qtrly revenue $42.8 million versus $47.5​ million.  Full Article

High Arctic provides update on contract for rig 116
Monday, 30 Oct 2017 05:00am EDT 

Oct 30 (Reuters) - High Arctic Energy Services Inc :High Arctic provides update on contract for rig 116.High Arctic Energy Services - ‍reached agreement with an operator in Papua New Guinea on take-or-pay contract for rig 116​.High Arctic Energy Services Inc - ‍rig 116 will remain under its take-or-pay contract until November 2, 2018​.  Full Article

High Arctic announces normal course issuer bid
Friday, 15 Sep 2017 09:00am EDT 

Sept 15 (Reuters) - High Arctic Energy Services Inc :High Arctic announces normal course issuer bid.High Arctic Energy Services - co is authorized to purchase up to 2.9 million common shares, representing approximately 10 percent of public float of High Arctic.High Arctic Energy Services Inc - corporation is authorized to make purchases during period from September 19, 2017 to September 18, 2018.  Full Article

High Arctic reports Q2 earnings per share C$0.09
Wednesday, 9 Aug 2017 08:19pm EDT 

Aug 10 (Reuters) - High Arctic Energy Services Inc :High Arctic reports 2017 second quarter results.Q2 revenue c$51.1 million versus I/B/E/S view c$45.5 million.Q2 earnings per share c$0.09.Q2 earnings per share view c$0.09 -- Thomson Reuters I/B/E/S.Qtrly FFO per share $0.17.  Full Article

High Arctic announces executive resignation and appointment of new director
Thursday, 20 Jul 2017 08:45pm EDT 

July 20 (Reuters) - High Arctic Energy Services Inc :High Arctic announces executive resignation and appointment of new director.High Arctic Energy Services Inc - in conjunction with his resignation Mr. Alford has also stepped down from High Arctic's board of directors.High Arctic Energy Services Inc - Michael Binnion, chairman of board, will temporarily assume his duties.High Arctic Energy Services - special committee of board is leading search for a permanent president and CEO.High Arctic Energy Services Inc - has appointed Jim Hodgson to board and audit committee.High Arctic Energy Services Inc - Thomas Alford has tendered his resignation, effective today, as High Arctic’s interim president and CEO.  Full Article

High Arctic reports Q1 revenue c$64.8 million
Wednesday, 10 May 2017 04:35pm EDT 

May 10 (Reuters) - High Arctic Energy Services Inc :High Arctic reports 2017 first quarter results.Q1 revenue c$64.8 million versus I/B/E/S view c$63.1 million.Q1 earnings per share C$0.17.Q1 earnings per share view c$0.13 -- Thomson Reuters I/B/E/S.Q1 revenue view c$63.1 million -- Thomson Reuters I/B/E/S.  Full Article

High Arctic posts Q4 earnings per share C$0.14
Tuesday, 21 Mar 2017 09:10pm EDT 

High Arctic Energy Services Inc : High Arctic reports 2016 fourth quarter and year end results . Q4 revenue C$62.3 million versus I/B/E/S view C$63.8 million . Q4 earnings per share C$0.14 . Q4 earnings per share view C$0.13 -- Thomson Reuters I/B/E/S .Qtrly FFO per share $0.30.  Full Article

High Arctic provides update on Papua New Guinea operations
Wednesday, 1 Feb 2017 06:52am EST 

High Arctic Energy Services Inc : High Arctic provides update on Papua New Guinea operations . High Arctic Energy Services Inc - rig 104 and rig 115 continue with their drilling assignments . High Arctic Energy Services Inc- rig 116 remains on standby under contract in port moresby . High Arctic Energy Services - rig 103 is finalizing demobilization activities following completion of its drilling campaign in Western province . "customer has formally provided notice it intends to extend contracts up to July 31, 2017" .High Arctic Energy - discussions continue to progress with corporation's customer regarding a new long-term contract arrangement for rigs 103 and 104.  Full Article

High Arctic Q3 adjusted earnings per share C$0.16
Thursday, 10 Nov 2016 08:09pm EST 

High Arctic Energy Services Inc : High Arctic Energy- Exxonmobil's recent bid to purchase Interoil "continues to support long-term development" of Papua New Guinea's natural gas resources . High Arctic reports 2016 third quarter results . Q3 revenue C$47.5 million versus I/B/E/S view C$48.1 million . Q3 adjusted earnings per share c$0.16 .Q3 earnings per share view c$0.10 -- Thomson Reuters I/B/E/S.  Full Article

High Arctic Q3 adjusted earnings per share C$0.16
Thursday, 10 Nov 2016 06:15pm EST 

High Arctic Energy Services Inc : High Arctic Energy- Exxonmobil's recent bid to purchase Interoil "continues to support long-term development" of Papua New Guinea's natural gas resources . High Arctic reports 2016 third quarter results . Q3 revenue C$47.5 million versus I/B/E/S view C$48.1 million . Q3 adjusted earnings per share c$0.16 .Q3 earnings per share view c$0.10 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-High Arctic Energy qtrly EPS $‍0.05​

* ‍Drilling services revenue declined 46% in quarter to $17.7 million from $32.9 million in Q3 of 2016 ​