High Arctic Energy Services (TSX:HWO) Net Income From Continuing Operations : C$-8.70 Mil (TTM As of Mar. 2024)

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What is High Arctic Energy Services Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. High Arctic Energy Services's net income from continuing operations for the three months ended in Mar. 2024 was C$3.51 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Mar. 2024 was C$-8.70 Mil.

High Arctic Energy Services Net Income From Continuing Operations Historical Data

The historical data trend for High Arctic Energy Services's Net Income From Continuing Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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High Arctic Energy Services Net Income From Continuing Operations Chart

High Arctic Energy Services Annual Data

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Net Income From Continuing Operations

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-8.80

-25.99

-18.61

-36.13

-12.83

High Arctic Energy Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Income From Continuing Operations	Get a 7-Day Free Trial															-0.63	0.09	-15.04	2.75	3.51

High Arctic Energy Services Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.70 Mil.

High Arctic Energy Services (TSX:HWO) Business Description

Industry

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HGHAF:USA 6LQ:Germany

Address

330 - 5th Ave SW., Suite 2350, Calgary, AB, CAN, T2P 0L4

Website

https://www.haes.ca

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 Ancillary Services segment which provides rental equipment, nitrogen transport services, and engineering consulting to various companies within the oil and gas sector and Corporate segment. The Production Services segment generates the company's revenue.

Executives

Douglas John Strong

Director

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