High Arctic Energy Services Inc.

09:46 AM EST - High Arctic Energy Services Inc. : Announced its 2018 year-end results. Year-to-date, the Corporation reported revenue of $203.3 million, net earnings of $11.4 million and Adjusted EBITDA of $51.6 million. High Arctic continues to maintain a strong balance sheet with $31.5 million in cash, positive cash flow, undrawn $45 million facility and a total working capital balance of $56.8 million. A total of $19.9 million has been returned to shareholders year to date through dividends and share buybacks. High Arctic Energy Services Inc.
shares T.HWO are trading down $0.03 at $3.88.