High Arctic Energy Services (HWO) Posts Quarterly Earnings, Beats Expectations By $0.09 EPS
High Arctic Energy Services (TSE:HWO) announced its earnings results on Thursday. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.04 by $0.09, ARN reports.
On the ratings front, analysts at Pi Financial reiterated a “buy” rating on shares of High Arctic Energy Services in a research note on Thursday, July 3rd. They now have a C$7.00 price target on the stock.
Shares of High Arctic Energy Services (TSE:HWO) opened at 5.42 on Thursday. High Arctic Energy Services has a 1-year low of $2.38 and a 1-year high of $5.94. The stock has a 50-day moving average of $5.18 and a 200-day moving average of $4.7. The company has a market cap of $272.1 million and a price-to-earnings ratio of 9.67.
The company also recently announced a jul 14 dividend, which is scheduled for Thursday, August 14th. Shareholders of record on Thursday, July 31st will be paid a dividend of $0.015 per share. The ex-dividend date is Tuesday, July 29th.
High Arctic Energy Services Inc (TSE:HWO) is an oilfield services contractor company operating primarily in Western Canada and Papua New Guinea.
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