High Arctic Energy Services Inc
TSX:HWO

Watchlist Manager
High Arctic Energy Services Inc Logo
High Arctic Energy Services Inc
TSX:HWO
Watchlist
Price: 0.86 CAD -4.44% Market Closed
Market Cap: CA$10.9m

Gross Margin

52.4%
Current
Improving
by 13.1%
vs 3-y average of 39.3%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
52.4%
=
Gross Profit
CA$5.3m
/
Revenue
CA$10.1m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
52.4%
=
Gross Profit
CA$5.3m
/
Revenue
CA$10.1m

Peer Comparison

Country Company Market Cap Gross
Margin
CA
High Arctic Energy Services Inc
TSX:HWO
10.9m CAD
Loading...
US
Schlumberger NV
NYSE:SLB
78.7B USD
Loading...
US
Baker Hughes Co
NASDAQ:BKR
59B USD
Loading...
US
Halliburton Co
NYSE:HAL
31B USD
Loading...
LU
Tenaris SA
MIL:TEN
25.2B EUR
Loading...
UK
TechnipFMC PLC
NYSE:FTI
28.2B USD
Loading...
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
119.1B CNY
Loading...
UK
Subsea 7 SA
OSE:SUBC
89.7B NOK
Loading...
IT
Saipem SpA
MIL:SPM
7.9B EUR
Loading...
FR
Technip Energies NV
PAR:TE
6.9B EUR
Loading...
CN
Sinopec Oilfield Service Corp
SSE:600871
51.2B CNY
Loading...

Market Distribution

Higher than 72% of companies in Canada
Percentile
72nd
Based on 4 108 companies
72nd percentile
52.4%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

High Arctic Energy Services Inc
Glance View

Market Cap
10.9m CAD
Industry
N/A

High Arctic Energy Services, Inc. engages in the provision of oilfield services to exploration and production companies. The company is headquartered in Calgary, Alberta and currently employs 479 full-time employees. The company went IPO on 2005-07-21. High Arctic operates through four segments: Drilling Services, Production Services, Ancillary Services, and Corporate. The Drilling Services segment consists of the High Arctic's drilling services provided in PNG, including the provision of drilling personnel to assist its customers operations. The Production Services segment consists of the High Arctic's well servicing and snubbing services provided in Canada, the Unites States , and well servicing in PNG with its heli-portable workover rig. The Ancillary Services segment consists of High Arctic's oilfield rental equipment in Canada and PNG as well as its Canadian nitrogen services. The Corporate segment provides management and administrative services.

HWO Intrinsic Value
LOCKED
Unlock
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
52.4%
=
Gross Profit
CA$5.3m
/
Revenue
CA$10.1m
What is High Arctic Energy Services Inc's current Gross Margin?

The current Gross Margin for High Arctic Energy Services Inc is 52.4%, which is above its 3-year median of 39.3%.

How has Gross Margin changed over time?

Over the last 3 years, High Arctic Energy Services Inc’s Gross Margin has increased from 21.5% to 52.4%. During this period, it reached a low of 14.9% on Dec 31, 2022 and a high of 60.8% on Dec 31, 2023.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett