Headwater Exploration Inc CDDRF

Q3 earnings are Nov 9th after market

[largeone]

What I'm looking for is a 50% dividend hike, maybe would be good if they moved it from quarterly to 5c a month, outstanding Q3 results, and the 2024 budget.  Would also like to hear about Waseca, assuming thats where they have been buying new land.  100 bopd wells can quickly turn into 300 with his sweeping fishone technique.

[geric]

Nothing stated on website.  Where is that date from?  TMX says estimated for Nov 9.

[largeone]

talked to the company thats the date they told me

[geric]

Great, thanks.

[largeone]

[e-mail] fire off an email if you don't believe me lol

[largeone]

Nuttall has been calling for a 50% dividend hike by year end.  If we do get it I expect HWX to hit $9 next week.  

[largeone]

His May 31st commentary.. 31/05/2023 +Get Signals Purest Clearwater play, the most economic play in Canada. Purest CWS exposure, and he's bullish on the differential. Recent good exploration drilling. Trades at a modest premium. Yield is 6.48%, which could potentially increase by 50% this fall.

[Bennys65]

Not sure div hike is in the cards.Nuttall made that comment before the new ventures group was announced.We increased cap ex by 25 million partly to fund the land grab so dont know how much is left for an increased div.The yield guys would love it the growth guys would like to see production increase.Debate continues.

[largeone]

Looks like plenty of free cash flow at various oil prices for a 50% hike

[largeone]

[riski]

Agreed Benny. This has been high growth since the outset and it looks like Neil is going to keep that going with the latest developments. This shouldn't be surprising since growth has been his calling card since he came in to the oil patch. He is a builder with high pace production growth and savvy acquisitions.  What was surprising was the dividend announcement a year ago, especially

[riski]

Bottom line: Don't expect a dividend raise during this Q3 report. 

[malx1]

Agree  Don't increase dividend when there's quality prospective land at reasonable prices.    

[largeone]

Neil could really blow the barn doors off the stock ...Create a spinco for the new land...hike that dividend, raise that guidance.  

[Bennys65]

Just saw a list which has report out on the 14.Reort dates are allways subject to change.Looking forward to it Last third quarter in 2022 was a blockbuster.