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Bullboard - Stock Discussion Forum Headwater Exploration Inc T.HWX

Alternate Symbol(s):  CDDRF

Headwater Exploration Inc. is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The Company has heavy oil production and reserves in the Clearwater/Falher formations in the Marten Hills, Greater Nipisi and Greater Peavine areas of Alberta and natural gas production and reserves in the McCully field near Sussex, New... see more

TSX:HWX - Post Discussion

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Post by RusticHit on May 16, 2022 1:58pm

Cj & hwx

Friday move for these was clsoe but today Hwx is stalled and Cj is Up 8% seems like Hwx is not going Up more than 7.30 for now as most O&g stocks are Up 4-9 %
Comment by gareez47 on May 16, 2022 4:01pm
HWX is too new and their existing wells have yet to indicate their decline rate. They have good management that has built companies and then sold out to a cometitor like BTE. They have a lot of promising drill sites over their sections which is, I speculate, large reserves. However they built a collection / storage / pipeline connection which maxes out at 15,000  Barrels per day. This is a ...more  
Comment by Chimpwithdart on May 16, 2022 10:20pm
CJ keeps going up because of the massive dividend they announced. It was 8.5% now just under 7% from the stock rapidly appreciating.
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