TSX · Oil & Gas Equipment & Services · CAD

High Arctic Energy Services Inc (HWO.TO) Stock Analysis

High Arctic Energy Services Inc (HWO.TO) is a Oil & Gas Equipment & Services stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 20, 2026

HWO.TO

CA$1.29

+CA$0.01 (+0.78%)

Oct 20, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare HWO.TO with… →

HWO.TO Key Statistics

As of Oct 20, 2026

Trading

Open: CA$1.29
Previous Close: CA$1.28
52-Week Range: 0.80–1.31
Volume: 1.71K
Beta: 0.04

Valuation

Market Cap: CA$16.38M
P/E Ratio: 9.92
P/S ratio: 1.41
EPS (ttm): 0.13

Financials (FY)

Revenue (FY): CA$10.64M+1.63%
Net Income (FY): CA$356.00K−98.74%
Profit margin: 14.05%
Shares Outstanding: 12.70M
1-Year Return: +55.42%

Dividend and dates

Earnings Date: November 5, 2026estimated
Avg Volume: 8.65K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 20, 2026, HWO.TO closed at CA$1.29, +55.42% over 1 year.

High Arctic Energy Services Inc (HWO.TO) has a market capitalization of CA$16.38M.

In fiscal 2025, HWO.TO reported revenue of CA$10.64M.

HWO.TO Stock Return by Calendar Year

High Arctic Energy Services Inc (HWO.TO) 10-year return: what CA$10,000 became

1 year: CA$10,000 CA$15,542; +55.42%
5 years: CA$10,000 CA$4,586; −54.14%
10 years: CA$10,000 CA$1,985; −80.15%

If you had invested CA$10,000 in High Arctic Energy Services Inc (HWO.TO) 10 years ago, at the close on October 20, 2016, it would have been worth CA$1,985 at the close on October 20, 2026: −80.15% in total, −14.93% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−50.19%+53.57%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+53.57%
2025	−24.32%
2024	−50.19%
2023	−26.52%
2022	+7.47%
2021	+42.72%
2020	−48.77%
2019	−21.68%
2018	−14.47%
2017	−22.83%
2016 (partial year)	+43.37%

As of October 20, 2026.

HWO.TO Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$10.64M	CA$356.00K	3.3%
2024	CA$10.47M	CA$28.31M	270.4%
2023	CA$3.38M	−CA$13.14M	−388.3%
2022	CA$77.37M	−CA$36.58M	−47.3%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$10.64M	CA$3.03M	−CA$689.00K	CA$356.00K	3.3%
2024	CA$10.47M	CA$2.61M	−CA$2.97M	CA$28.31M	270.4%
2023	CA$3.38M	CA$490.00K	−CA$5.16M	−CA$13.14M	−388.3%
2022	CA$77.37M	−CA$5.97M	−CA$16.23M	−CA$36.58M	−47.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

HWO.TO Dividend History

’16’17’18’19’20’21’22’23’24

CA$3.04+1,588.9% vs 2023

Dividends per share, 2024 · 1 payments

Year	Dividends per share	Payments	Change
2024	CA$3.04	1	+1,588.9%
2023	CA$0.18	9	−10.0%
2022	CA$0.20	10	−75.0%
2021	CA$0.80	1	+488.2%

Year	Dividends per share	Payments	Change
2024	CA$3.04	1	+1,588.9%
2023	CA$0.18	9	−10.0%
2022	CA$0.20	10	−75.0%
2021	CA$0.80	1	+488.2%
2020	CA$0.14	2	−83.3%
2019	CA$0.82	12	+0.0%
2018	CA$0.82	12	+0.0%
2017	CA$0.82	12	+300.0%
2016	CA$0.20	3	—

Most recent payment: CA$3.04 per share, ex-dividend July 18, 2024. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

HWO.TO Valuation vs Oil & Gas Equipment & Services Median

Median of 65 stocks

Metric	HWO.TO	Oil & Gas Equipment & Services median	vs median
P/E	9.92	22.66	56% below
P/S ratio	1.41	1.23	14% above
Profit margin	14.05%	4.89%	9.2 pts above

Medians across 65 Oil & Gas Equipment & Services stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

High Arctic Energy Services Inc (HWO.TO) carries a market capitalisation of CA$16.38M. It is classified in the Oil & Gas Equipment & Services industry, within the Energy sector. Headcount on file is 16.

Over the past 52 weeks the price has ranged from CA$0.80 to CA$1.31. HWO.TO last closed at CA$1.29 on October 20, 2026. That is +CA$0.01 (+0.78%) against the previous close. The latest close sits 61.25% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$10.64M. Against the prior fiscal year total of CA$10.47M, that is a change of +1.63%. Net income for the same year was CA$356.00K. That is −98.74% against the prior fiscal year. The reported profit margin is 14.05%. That is 9.2 percentage points above the Oil & Gas Equipment & Services median of 4.89%. Earnings per share on a trailing basis come to 0.13.

Across the 4 fiscal years on file, revenue moves from CA$77.37M in 2022 to CA$10.64M in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

HWO.TO trades at a trailing price-to-earnings ratio of 9.92. That is 56.22% below the Oil & Gas Equipment & Services median of 22.66. Measured against sales, the shares trade at 1.41 times revenue. On price-to-sales that is 14.49% above the Oil & Gas Equipment & Services median of 1.23. The medians here are taken across 65 Oil & Gas Equipment & Services companies that report the metric.

Over the trailing twelve months the total return is +55.42%. Across 10 years the annualized return works out at −14.93%. Beta against the wider market is reported at 0.04. Annualized volatility over the trailing 10 years is 50.94%.

Growth & Income

The dividend record for HWO.TO runs through 2024. Dividends are recorded for 9 calendar years; 2024 shows 1 payments totalling CA$3.04 a share. The year before, 2023, totalled CA$0.18 a share.

Across the complete calendar years on file, 2021 returned +42.72% and 2024 returned −50.19%. Of the 9 complete calendar years on file, 2 finished higher. 2026 is still running; the total return is +53.57% year to date.

Peer Comparison

High Arctic Energy Services Inc (HWO.TO) operates in the Oil & Gas Equipment & Services industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
High Arctic Energy Services Inc	HWO.TO	CA$16.38M	9.9
SLB N.V.	SLB	$75.84B	24.7
Baker Hughes Company	BKR	$55.40B	18.0
Tenaris S.A.	TS	$29.62B	15.7

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Oil & Gas Equipment & Services industry average P/E ratio is 22.7x. High Arctic Energy Services Inc trades at a P/E of 9.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 20, 2026.

Related Oil & Gas Equipment & Services Stocks

SLB

SLB N.V.

$75.84B

BKR

Baker Hughes Company

$55.40B

Tenaris S.A.

$29.62B

HAL

Halliburton Company

$28.32B

FTI

TechnipFMC plc

$27.45B

SEI

Solaris Energy Infrastructure, Inc.

$6.98B

View all Oil & Gas Equipment & Services stocks →

Popular Energy Stocks

XOM

ExxonMobil Holdings Corporation

$732.29B

CVX

Chevron Corporation

$444.85B

SHEL

Shell plc

$299.69B

TTE

TotalEnergies SE

$199.18B

COP

ConocoPhillips

$175.00B

View all Energy stocks →

About High Arctic Energy Services Inc

High Arctic Energy Services Inc., an oilfield services company, provides oilfield services to exploration and production companies in Western Canada. It operates through two segments: Rental Services and Investments and Corporate. The company leases oilfield and pressure control equipment comprising high-pressure blowout preventers, high pressure valves and spooling, high pressure pipework, boilers, pumps, lighting towers, oilfield tubular handling tools, and rig shacks. It also provides snubbing and well servicing services. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada.

Visit website →