Earnings Call Summary | HIGH ARCTIC ENERGY SERVICES INC(HGHAF.US) Q4 2023 Earnings Conference
Earnings Call Summary | HIGH ARCTIC ENERGY SERVICES INC(HGHAF.US) Q4 2023 Earnings Conference
The following is a summary of the High Arctic Energy Services Inc. (HGHAF) Q4 2023 Earnings Call Transcript:
以下是高北極能源服務公司（HGHAF）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
High Arctic reported Q4 revenues of $18.1 million and a net income of $2.75 million with adjusted EBITDA of $3.2 million.
The profitability was driven by full utilization of drilling services and asset rentals in both PNG and Canada.
The acquisition of Delta Rental Services for $6.4 million in 2023 contributed profitably with valuable properties and equipment incorporated in the assets.
High Arctic報告第四季度收入爲1,810萬美元，淨收入爲275萬美元，調整後的息稅折舊攤銷前利潤爲320萬美元。
盈利能力是由巴布亞新幾內亞和加拿大對鑽探服務和資產租賃的充分利用推動的。
2023年以640萬美元的價格收購了達美租賃服務，從而爲資產中納入了有價值的物業和設備帶來了盈利。
Business Progress:
業務進展：
Rig 103 in PNG presented strong operational performance, marking the third successful quarter since operations resumed in 2020.
Merger with Delta Rental Services improved Canadian revenues and contributed positively to cash flow.
High Arctic aims to train tens of thousands of workers required for PNG projects and other large scale ventures via its subsidiary, PNG Industry Manpower Solutions.
Plans are underway for a reorganization, including the spinoff of the PNG business to shareholders as a Canadian publicly listed company.
The company has seen significant growth in its investment in Team Snubbing, leading to the expansion of its operations to Alaska and globally. High Arctic expects Team Snubbing to consistently contribute to earnings and dividends.
High Arctic anticipates PNG to reduce discretionary costs substantially in the second half of the year, and more announcements regarding reorganization and return of capital are expected.
巴布亞新幾內亞的103鑽機表現強勁，這是自2020年恢復運營以來的第三個季度取得成功。
與達美租賃服務公司的合併提高了加拿大的收入，並對現金流做出了積極貢獻。
High Arctic旨在通過其子公司巴布亞新幾內亞工業人力解決方案培訓巴布亞新幾內亞項目和其他大型企業所需的數萬名工人。
重組計劃正在進行中，包括將巴布亞新幾內亞業務分拆給股東，成爲一家加拿大上市公司。
該公司對Team Snubbing的投資顯著增長，從而將其業務擴展到阿拉斯加和全球。High Arctic預計，Team Snubbing將持續爲收益和分紅做出貢獻。
High Arctic預計，巴布亞新幾內亞將在下半年大幅降低可支配成本，預計還會有更多關於重組和資本回報的公告。
More details: HIGH ARCTIC ENERGY SERVICES INC IR
更多詳情： 北極高地能源服務公司
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。