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High Arctic Energy Services(OTC) HGHAF

Market Cap$8.08MMarket 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)-43%
5 Year+42%
1 Year+1%
1 Month-6%
$0.64
+0.47%
+0.00Today
High Arctic Energy Services last closing stock price
MetricPriceDate
Last closeUSD 0.642026-07-30
High Arctic Energy Services stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-6.47%USD 0.682026-07-23
1 month-6.47%USD 0.682026-06-30
3 month-2.15%USD 0.652026-05-01
Year to date+4.79%USD 0.612025-12-31
1 year+0.95%USD 0.632025-07-29
3 year+26.41%USD 0.502023-07-31
5 year+42.23%USD 0.452021-07-29
Since inception-43.34%USD 1.122012-08-10

High Arctic Energy Services Financials at a Glance

Market Cap

$8.08MMarket 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$10.22M

Net Income (TTM)

CA$1.07M

EPS (TTM)

$0.08

P/E Ratio

8.31

Dividend

$0.00

Beta (Volatility)

0.45 (Low)

Price

$0.64

Volume

2,000

Open

$0.64

Previous Close

$0.64

Daily Range

$0.64 - $0.64

52-Week Range

$0.16 - $0.71

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 2.74 million, showing resilience
  • Gross profit margin improved to 24.6% in the latest quarter
  • Strong cash position with CAD 3.19 million in cash and equivalents
Financial Highlights
  • Trailing twelve-month revenue of CAD 10.5 million
  • Net income of CAD 857,208 reported in the latest quarter
  • Current ratio of 2.50 indicates strong liquidity
High Arctic Energy Services Inc. operates in the energy sector, focusing on oilfield services that are essential for exploration and production activities. The company has established a solid presence in Papua New Guinea, which is a key market for its drilling services. The diverse range of products and services offered allows the company to cater to various operational needs, enhancing its competitive edge. The growth outlook appears promising, with recent quarterly results indicating a significant increase in revenue and an improvement in gross profit margins. The company’s ability to maintain a strong cash position further supports its operational flexibility and potential for future investments. Financially, High Arctic Energy Services has demonstrated resilience, with a notable net income reported in the latest quarter. The current ratio reflects a robust liquidity position, which is crucial for navigating the challenges of the energy sector. Overall, the company presents an intriguing opportunity for investors interested in the oil and gas drilling industry.
AI Generated • Jul 14, 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

27.16%

Operating Margin

-6.93%

Net Income Margin

12.06%

Return on Equity

6.04%

Return on Capital

-2.62%

Return on Assets

4.44%

Earnings Yield

12.03%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$8.08MMarket 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

2.00K

Avg. Volume

5.87K

Financials (TTM)

Gross Profit

CA$2.71M

Operating Income

-CA$795.64K

EBITDA

CA$1.58M

Operating Cash Flow

CA$837.64K

Capital Expenditure

-CA$1.32M

Free Cash Flow

-CA$480.69K

Cash & ST Invst.

CA$3.19M

Total Debt

CA$4.24M

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
Q22025-06-302.4%
Q32025-09-30-12.0%
Q42025-12-3141.8%
Q12026-03-31-8.1%
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
Q22025-06-30-123.0%
Q32025-09-30335.9%
Q42025-12-31-124.0%
Q12026-03-31635.7%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

CA$2.74M

+17.4%

Gross Profit

CA$675.74K

-3.6%

Gross Margin

24.64%

N/A

Market Cap

$8.08MMarket 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

$504.71K

N/A

Employees

16

N/A

Net Income

CA$857.21K

+814.3%

EBITDA

CA$366.95K

-29.4%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

CA$3.19M

+0.3%

Total Debt

CA$4.24M

-6.8%

Accounts Receivable

CA$4.52M

+35.8%

Inventory

CA$21.05K

+0.3%

Long Term Debt

CA$3.77M

-6.2%

Short Term Debt

CA$469.00K

-11.5%

Return on Assets

4.44%

N/A

Return on Invested Capital

-2.85%

N/A

Free Cash Flow

CA$300.78K

+185.7%

Operating Cash Flow

CA$817.11K

+2535.8%

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Questions About HGHAF

What is the current price of High Arctic Energy Services?

High Arctic Energy Services is trading at $0.64 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 $0.71.

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$3.03M.

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

High Arctic Energy Services reported CA$2.28M 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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