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High Arctic Energy Services Inc (HWO.TO)

High Arctic Energy Services Inc (HWO.TO)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment, which consists of drilling services; the Production Services segment, which consists of well servicing and snubbing services; the Rental Services segment consists of High Arctic's oilfield rental equipment of pressure control and other oilfield equipment to exploration and production companies in Canada; and the Corporate segment provides management and administrative services to all the corporation's operations. The Rental Services segment generates the majority company's revenue.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024
Sales 2,735 2,985 2,930 2,391 2,335
Sales Growth -8.38% +1.88% +22.54% +2.40% -4.42%
Net Income 855 -160 931 -295 -120
Net Income Growth +634.38% -117.19% +415.59% -145.83% +83.22%
(Values in U.S. Thousands) Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024
Total Assets 29,981 29,883 29,912 28,755 29,989
Total Assets Growth +0.33% -0.10% +4.02% -4.11% -2.84%
Total Liabilities 6,928 7,840 7,873 7,687 8,674
Total Liabilities Growth -11.63% -0.42% +2.42% -11.38% -11.15%
(Values in U.S. Thousands) Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024
Operating Cash Flow 815 102 551 -477 31
Operating Cash Flow Growth +699.02% -81.49% +215.51% -1,638.71% -86.28%
Net Cash Flow -117 243 623 -745 60
Change in Net Cash Flow -148.15% -61.00% +183.62% -1,341.67% +111.67%
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