High Arctic Energy Services (TSE:HWO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
High Arctic Energy Services has successfully completed a strategic reorganization in the third quarter of 2024, returning $37.8 million to shareholders and increasing revenue significantly due to the acquisition of Delta Rental Services. The company is focusing on cost reduction and positioning itself for future growth, despite a decrease in net income from continuing operations compared to last year.
For further insights into TSE:HWO stock, check out TipRanks’ Stock Analysis page.