TSX:HWX - Post Discussion
Post by
retiredcf on Mar 04, 2024 3:09pm
Top Pick
First stock in the clip. GLTA
https://www.bnnbloomberg.ca/video/dennis-da-silva-s-top-picks~2878219
Headwater Exploration (HWX TSX) Small cap oil producer with the hottest play in Canada, Clearwater heavy oil. Rare combo of ultra growth, attractive dividend and excess cash for dividend increases or land acquisitions. Growing 50 per cent by 2028 and 10-15 per cent in 2024 alone, while getting 6 per cent yield, expanding inventory (10+ years) and maintaining zero debt for land acquisitions or shareholder returns. TOP PICK
Headwater Exploration Inc. (HWX-T)
04/03/2024
Great exposure to the WCS-WTI gap shrinking this year as the Transmountain becomes fully operational later this year. The 6% dividend will grow 10-15% this year, and they plan to grow overall by 50% over 2023. Strong cash flow as they expand. Interesting exploration plans. Fantastic results.
(Analysts’ price target is $8.88)
Oil / Gas
Dennis Da Silva
$6.985
Owned
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