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High Arctic Energy Services(OTC) HGHAF

Market Cap$8.89MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2012)-38%
5 Year+64%
1 Year+11%
1 Month+6%
$0.70
+1.45%
+0.01Today
High Arctic Energy Services last closing stock price
MetricPriceDate
Last closeUSD 0.702026-08-24
High Arctic Energy Services stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+4.48%USD 0.672026-08-17
1 month+6.06%USD 0.662026-07-24
3 month+7.69%USD 0.652026-05-26
Year to date+15.34%USD 0.612025-12-31
1 year+11.11%USD 0.632025-07-29
3 year+44.02%USD 0.492023-08-25
5 year+64.42%USD 0.432021-08-25
Since inception-37.64%USD 1.122012-08-10

High Arctic Energy Services Financials at a Glance

Market Cap

$8.89MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$10.77M

Net Income (TTM)

CA$1.37M

EPS (TTM)

$0.09

P/E Ratio

7.49

Dividend

$0.00

Beta (Volatility)

0.44 (Low)

Price

$0.70

Volume

500

Open

$0.70

Previous Close

$0.70

Daily Range

$0.70 - $0.70

52-Week Range

$0.16 - $0.73

Estimated Earnings Date

Aug 11, 2026

HGHAF News

No articles available.

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About High Arctic Energy Services

High Arctic Energy Services Inc. is a provider of oilfield services to exploration and production companies, primarily operating in Papua New Guinea and Canada. The company offers a range of services including drilling, production, and ancillary services, catering to the diverse needs of the energy sector.

Products and Services
  • Drilling Services in Papua New Guinea
  • Well-servicing and snubbing operations
  • Oilfield rental equipment and nitrogen compliance services
Growth Outlook
  • Recent quarterly revenue increased to CAD 2.94 million, reflecting strong operational performance
  • Gross profit margin improved to 28.3% in Q2 2026, indicating better cost management
  • Current ratio of 2.43 suggests strong liquidity and financial stability
Financial Highlights
  • Trailing twelve-month revenue of CAD 11.4 million demonstrates consistent demand
  • Net income of CAD 3,001 in Q2 2026 shows a return to profitability
  • Price-to-earnings ratio of 7.19 indicates potential value compared to industry peers
High Arctic Energy Services Inc. has established itself as a key player in the oil and gas equipment and services industry. The company's diverse offerings and strategic focus on operational efficiency have positioned it well for future growth. Recent financial performance highlights a positive trend, with increasing revenues and improved profit margins. The strong liquidity position further enhances the company's ability to navigate market fluctuations and capitalize on emerging opportunities. Investors may find High Arctic Energy Services Inc. an intriguing option within the energy sector, given its operational strengths and financial resilience.
AI Generated • Aug 15, 2026

Industry

Energy Equipment and Services

Sector

Energy

Employees

16

CEO

Lonn Bate, CPA

Website

www.haes.ca

Headquarters

Calgary, AB T2P 0L4, CA

HGHAF Financials

Key Financial Metrics (TTM)

Gross Margin

27.44%

Operating Margin

-5.50%

Net Income Margin

14.05%

Return on Equity

7.22%

Return on Capital

-2.62%

Return on Assets

5.45%

Earnings Yield

13.35%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$8.89MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

12.70M

Volume

500

Avg. Volume

8.13K

Financials (TTM)

Gross Profit

CA$2.89M

Operating Income

-CA$667.70K

EBITDA

CA$1.72M

Operating Cash Flow

CA$1.52M

Capital Expenditure

-CA$1.71M

Free Cash Flow

-CA$190.95K

Cash & ST Invst.

CA$3.03M

Total Debt

CA$4.11M

High Arctic Energy Services Performance Analysis

High Arctic Energy Services annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31CAD 59,429,114-2.5%
20232023-12-31CAD 2,507,248-95.8%
20242024-12-31CAD 7,642,550204.8%
20252025-12-31CAD 7,615,463-0.4%
High Arctic Energy Services sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-12.0%
Q42025-12-3141.8%
Q12026-03-31-8.1%
Q22026-06-307.3%
High Arctic Energy Services annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31CAD -2.3189.5%
20232023-12-31CAD -0.80-65.3%
20242024-12-31CAD 1.67N/A
20252025-12-31CAD 0.02-98.8%
High Arctic Energy Services sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30335.9%
Q42025-12-31-124.0%
Q12026-03-31635.7%
Q22026-06-30-100.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

CA$2.94M

+23.1%

Gross Profit

CA$831.36K

+28.1%

Gross Margin

28.26%

N/A

Market Cap

$8.89MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$555.49K

N/A

Employees

16

N/A

Net Income

CA$3.00K

+101.0%

EBITDA

CA$469.20K

+40.5%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

CA$3.03M

+24.6%

Total Debt

CA$4.11M

-9.0%

Accounts Receivable

CA$4.47M

+30.3%

Inventory

CA$21.01K

+0.0%

Long Term Debt

CA$3.60M

-9.6%

Short Term Debt

CA$507.22K

-4.3%

Return on Assets

5.45%

N/A

Return on Invested Capital

-2.39%

N/A

Free Cash Flow

-CA$598.26K

+32.6%

Operating Cash Flow

CA$205.09K

+143.0%

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Questions About HGHAF

What is the current price of High Arctic Energy Services?

High Arctic Energy Services is trading at $0.70 per share.

What is the 52-week range for High Arctic Energy Services?

Over the past 52 weeks, High Arctic Energy Services has traded between $0.16 and $0.73.

How much debt does High Arctic Energy Services have?

As of the most recent reporting period, High Arctic Energy Services reported total debt of CA$2.90M.

How much cash does High Arctic Energy Services have on hand?

High Arctic Energy Services reported CA$2.13M in cash and cash equivalents in its most recent financial results.

What is High Arctic Energy Services’s dividend yield?

High Arctic Energy Services does not currently have a dividend yield.

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