Post by
largeone on Nov 02, 2023 9:58am
Q3 earnings are Nov 9th after market
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.
Comment by
geric on Nov 02, 2023 11:25am
Nothing stated on website. Where is that date from? TMX says estimated for Nov 9.
Comment by
largeone on Nov 02, 2023 11:37am
talked to the company thats the date they told me
Comment by
largeone on Nov 02, 2023 11:39am
info@headwaterexp.com fire off an email if you don't believe me lol
Comment by
largeone on Nov 02, 2023 11:42am
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.
Comment by
largeone on Nov 02, 2023 11:44am
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.
Comment by
Bennys65 on Nov 02, 2023 12:53pm
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.
Comment by
largeone on Nov 02, 2023 1:42pm
Looks like plenty of free cash flow at various oil prices for a 50% hike
Comment by
riski on Nov 02, 2023 2:30pm
Bottom line: Don't expect a dividend raise during this Q3 report.
Comment by
malx1 on Nov 02, 2023 2:40pm
Agree Don't increase dividend when there's quality prospective land at reasonable prices.
Comment by
largeone on Nov 02, 2023 2:50pm
Neil could really blow the barn doors off the stock ...Create a spinco for the new land...hike that dividend, raise that guidance.
Comment by
Bennys65 on Nov 05, 2023 7:15am
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.