Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. High Arctic Energy Services's current 3-Year Share Buyback Ratio was -1.40%.
The historical rank and industry rank for High Arctic Energy Services's 3-Year Share Buyback Ratio or its related term are showing as below:
HGHAF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -80.8 Med: -1.05 Max: 3
Current: -1.4
During the past 13 years, High Arctic Energy Services's highest 3-Year Share Buyback Ratio was 3.00%. The lowest was -80.80%. And the median was -1.05%.
HGHAF's 3-Year Share Buyback Ratio is ranked better than 57.39% of 683
companies
in the Oil & Gas industry
Industry Median: -3.6
vs HGHAF: -1.40
High Arctic Energy Services (OTCPK:HGHAF) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
High Arctic Energy Services 3-Year Share Buyback Ratio Related Terms
HGHAF vs SLB, BKR, HAL: 3-Year Share Buyback Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, High Arctic Energy Services's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, High Arctic Energy Services's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where High Arctic Energy Services's 3-Year Share Buyback Ratio falls into.
High Arctic Energy Services 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
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 dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of -1.40 mean?
High Arctic Energy Services (HGHAF) has a 3-Year Share Buyback Ratio of -1.40 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for High Arctic Energy Services and its competitors. According to the industry distribution chart, High Arctic Energy Services ranks #291 out of 683 companies in the Oil & Gas industry, placing it in the top 42.6%.
Is High Arctic Energy Services' 3-Year Share Buyback Ratio too high?
High Arctic Energy Services' current 3-Year Share Buyback Ratio is -1.40. Based on the distribution chart, High Arctic Energy Services ranks #291 out of 683 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, High Arctic Energy Services has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does High Arctic Energy Services' 3-Year Share Buyback Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, High Arctic Energy Services ranks #291 out of 683 companies for 3-Year Share Buyback Ratio. This puts High Arctic Energy Services in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Oil & Gas company?
A good 3-Year Share Buyback Ratio depends on the Oil & Gas industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for High Arctic Energy Services and its competitors. High Arctic Energy Services's current 3-Year Share Buyback Ratio is -1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Arctic Energy Services stock overvalued right now?
Based on GuruFocus' analysis, High Arctic Energy Services (HGHAF) is currently considered Fairly Valued. The stock's GF Value™ is $0.81, compared to a current price of $0.76 — trading 6.2% below its estimated fair value. The current 3-Year Share Buyback Ratio is -1.40. High Arctic Energy Services' overall GF Score™ is 39/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For High Arctic Energy Services (HGHAF), the current 3-Year Share Buyback Ratio is -1.40 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is High Arctic Energy Services (HGHAF) Overvalued in 2026?
Based on GuruFocus' analysis, High Arctic Energy Services stock appears to be undervalued.
The current stock price of $0.76 is trading 6.2% below its estimated GF Value™ of $0.81.
GuruFocus considers High Arctic Energy Services to be Fairly Valued.
Key valuation signals for HGHAF:
3-Year Share Buyback Ratio: -1.40
GF Value™: $0.81 vs. price of $0.76 (6.2% below fair value)
No single metric tells the full story. See the HGHAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 and the Rental Services segment consists of High Arctic's oilfield rental equipment of pressure control and other oilfield equipment to exploration and production companies in Canada. The Rental Services segment generates the majority company's revenue.
39GF Score
Get the complete analysis for HGHAF
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HGHAF has been successfully added to your 
