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Hammerhead Energy Inc T.HHRS.W


Primary Symbol: T.HHRS

Hammerhead Energy Inc. is an energy company, with assets and operations in Alberta targeting the Montney formation. The Company is focused on the exploration, development and production of light-oil-rich opportunities in the Alberta Montney. It extracts and sells oil, natural gas and natural gas liquids. The Company’s focus areas include Gold Creek and Karr. The Company's operating area is located southeast of Grande Prairie, Alberta, approximately 500 kilometers northwest of Calgary. The Company holds a land base in the Gold Creek and Karr areas, with approximately 111,000 net acres in the Montney play. Its assets feature ample gathering, processing, transportation, and market capacity with access to multiple markets. Hammerhead Resources ULC is a wholly owned subsidiary of the Company.


TSX:HHRS - Post by User

Comment by mrmomoon Jul 28, 2023 8:17am
332 Views
Post# 35561148

RE:RE:Excellent Q1 .........

RE:RE:Excellent Q1 .........Personally, i think you made a "wise" move Estevan and one of your better decisions in this sector. I find the company is "cheap" for what they have to offer at current prices. This should really be 50% higher than what it's currently trading at. But i'm guessing the insiders & major shareholder are keeping a tight lid on this for the time being. I guess they have their own personal reasons why they are not letting this run to its real value.

As for catalysts, yes, the company has MANY "hot irons in the fire" so to speak. This is one of the very few if not the only heavily weighted oily name that hasn't moved one inch. But i'm very confident it will very soon. You cannot keep a good investment down for much longer when the initial fundamentals are so strong.

As for top 3, i had HH, Kelt & Pipestone. The latter two for different reasons altogether and more for M&A related stuff. Kelt has already done its thing & move, the Piper still needs more time & for Riverstone to decide what they want to do with it. But HH is just purely insanely cheap & great value at these levels for anyone wishing to invest in a value play, just as Kelt was CHEAP at $4.50.....and finally made it to it's REAL value recently by going up 50%. I'm expecting the same for HH.......

So well done & good move Estevan.......a move that will be very lucrative for you in a year.



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