Added to YB: 2026-05-07
Pitch date: 2026-05-05
HOH.V [neutral]
High Arctic Overseas Holdings Corp.
+0.75%
current return
Author Info
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Company Info
High Arctic Overseas Holdings Corp. provides contract drilling, well completion, and other oilfield services in Papua New Guinea.
High Arctic Overseas Holdings Corp Q4 F25 Update – HOH.v
HOH.V (earnings): Q4 rev $2.1M (-15% YoY), adj EBITDA -$617k (-29.9%), FCF -$481k. All 3 rigs idle, drilling rev $0 in FY25. Cash $12M vs $16.5M mkt cap (net cash > mkt cap). 2yr drilling contract renewed w/ PNG customer (no commitment). Fire Services new segment ramping. Papua LNG FID targeted mid-2026; HOH drilled last 4 Antelope appraisal wells, positioned for dev drilling post-FID. Risk: FID delay/cancellation.
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