What’s Propelling High Arctic Energy Services, Inc. to Increase So Much?

 What's Propelling High Arctic Energy Services, Inc. to Increase So Much?

The stock of High Arctic Energy Services, Inc. (TSE:HWO) is a huge mover today! About 18,450 shares traded hands. High Arctic Energy Services, Inc. (TSE:HWO) has risen 15.08% since April 11, 2016 and is uptrending. It has outperformed by 11.15% the S&P500.
The move comes after 9 months positive chart setup for the $223.45M company. It was reported on Nov, 15 by Barchart.com. We have $10.87 PT which if reached, will make TSE:HWO worth $317.30M more.

More important recent High Arctic Energy Services, Inc. (TSE:HWO) news were published by: Marketwired.com which released: “High Arctic Energy Services Inc. Announces Acquisition of Tervita Corporation …” on August 29, 2016, also Theglobeandmail.com published article titled: “The Globe and Mail”, Seekingalpha.com published: “High Arctic Energy Services – A Closer Look At The Best O&G Acquisition Of 2016” on September 19, 2016. More interesting news about High Arctic Energy Services, Inc. (TSE:HWO) was released by: Marketwired.com and their article: “High Arctic Energy Services Inc. Announces Closing of Acquisition of Tervita …” with publication date: September 01, 2016.

High Arctic Energy Services Inc. is a Canada company, which focuses on providing contract drilling, completion services, equipment rental and other oilfield services to the gas and oil industry. The company has a market cap of $223.45 million. The Firm operates through providing oilfield services to clients in Canada and Papua New Guinea segment. It has a 7.57 P/E ratio. In PNG, the product line consists of contract drilling services, workover services and equipment rental including rig mats, cranes and oilfield related equipment.

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