HWO dividend calculator – High Arctic Energy Services Declares 0.005 Cash Dividend
June 1, 2023
☀️Dividends Yield
High Arctic Energy ($TSX:HWO) Services Inc. recently declared a 0.005 cash dividend for May 26 2023. If you’re looking to invest in dividend stocks, this is worth considering. They have been consistent with their dividends in the past two years, issuing 0.06 CAD and 0.04 CAD in both 2022 and 2023, resulting in an average yield of 3.49%. The ex-dividend date for these dividends is May 30 2023.
Stock Price
On Friday, the company’s stock opened at CA$1.2 and closed at CA$1.2, down from its last closing price of CA$1.3 by 2.4%. This news came as a surprise to investors, as the company had previously stated that it would not pay dividends until 2022. Investors will be watching to see if High Arctic Energy Services Inc. can continue to pay dividends going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HWO. More…
| Total Revenues | Net Income | Net Margin |
| 60.85 | -34.54 | -47.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HWO. More…
| Operations | Investing | Financing |
| 7.94 | 34.84 | -7.18 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HWO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 132.12 | 18.13 | 2.37 |
Key Ratios Snapshot
Some of the financial key ratios for HWO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -30.2% | -19.5% | -40.6% |
| FCF Margin | ROE | ROA |
| 8.3% | -13.5% | -11.7% |
Analysis – HWO Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of HIGH ARCTIC ENERGY SERVICES’ wellbeing. Our proprietary Valuation Line has determined that the fair value of HIGH ARCTIC ENERGY SERVICES’ stock is around CA$1.0. However, the stock is currently traded at CA$1.2, which is 18.9% overvalued. This suggests that HIGH ARCTIC ENERGY SERVICES stock is a good choice for investors looking for a short-term gain. More…
Peers
High Arctic Energy Services Inc faces tough competition from its competitors, Essential Energy Services Ltd, Suzhou Douson Drilling and Production Equipment Co Ltd and Western Energy Services Corp. In this highly competitive market, each company provides its own specialized services, products and technologies to customers in the energy sector. With these rivals vying for market share, High Arctic Energy Services Inc must be strategic in setting itself apart to maintain a competitive edge.
– Essential Energy Services Ltd ($TSX:ESN)
Essential Energy Services Ltd is a Canadian oilfield services company that provides services to the oil and gas industry. It is headquartered in Calgary, Alberta. The company has a market cap of 43.12M as of 2023, making it a relatively small-cap company. The Return on Equity (ROE) for Essential Energy Services Ltd stands at -0.42%, indicating weak profitability. The company offers a variety of services for the oil and gas industry, including on-site well testing, acidizing, nitrogen pumping services, production chemical services, and rental equipment. The company also provides specialty services, such as drill pipe inspection and casing repairs.
– Suzhou Douson Drilling and Production Equipment Co Ltd ($SHSE:603800)
Suzhou Douson Drilling and Production Equipment Co Ltd is a specialized manufacturer of oil and gas drilling and production equipment. The company has a market cap of 5.16 billion dollars as of 2023, indicating that it is a large and established enterprise. Additionally, the firm has an impressive Return on Equity of 7.98%, demonstrating strong profitability and efficiency. The company focuses on providing customers with high quality products and services to ensure their satisfaction.
– Western Energy Services Corp ($TSX:WRG)
Western Energy Services Corp is a Canadian oilfield services company that provides well servicing, contract drilling, and other services to the energy industry. The company has a market cap of 85.62M in 2023, which reflects the company’s size and overall value within the industry. Additionally, Western Energy Services Corp also has a Return on Equity (ROE) of 9.61%, which indicates the company is performing well in terms of its ability to generate returns for its shareholders.
Summary
High Arctic Energy Services is a dividend-paying stock, offering investors an attractive average dividend yield of 3.49%. Over the last two years, they have paid out dividends of 0.06 CAD and 0.04 CAD respectively, giving investors a yield of 3.99% and 2.99% for the 2022-2023 fiscal year. However, investors should always conduct thorough research before committing to any investment, and should consider all factors before making a decision.
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