High Arctic Energy Services (High Arctic Energy Services) 3-Year Revenue Growth Rate : -11.50% (As of Mar. 2024)

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What is High Arctic Energy Services 3-Year Revenue Growth Rate?

High Arctic Energy Services's Revenue per Share for the three months ended in Mar. 2024 was $0.26.

During the past 12 months, High Arctic Energy Services's average Revenue per Share Growth Rate was 21.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was -11.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was -21.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was -9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of High Arctic Energy Services was 7.80% per year. The lowest was -46.50% per year. And the median was -8.70% per year.

Competitive Comparison of High Arctic Energy Services's 3-Year Revenue Growth Rate

For the Oil & Gas Equipment & Services subindustry, High Arctic Energy Services's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

High Arctic Energy Services's 3-Year Revenue Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, High Arctic Energy Services's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where High Arctic Energy Services's 3-Year Revenue Growth Rate falls into.

High Arctic Energy Services 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

High Arctic Energy Services (OTCPK:HGHAF) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

High Arctic Energy Services 3-Year Revenue Growth Rate Related Terms

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High Arctic Energy Services (High Arctic Energy Services) Business Description

Industry

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Traded in Other Exchanges

HWO:Canada

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.