Bullboard - Stock Discussion Forum Headwater Exploration Inc T.HWX

Alternate Symbol(s): CDDRF

Energy Oil & Gas E&P

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

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Headwater Exploration Inc > A little confused…

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Post by Gringotts on Jul 31, 2022 9:17am

A little confused…

This one confusing stock. This company is debt free - a position most Canadian OG are hoping to achieve next year. This company is making incredible money- fcf is among the best in the Canadian market. This company has substantial money in the bank. This company owns many excellent tracts of land - including land in Clearwater. This company does not pay a dividend - an old school approach to the business, perhaps? Yet it is trading at only $6.21 with a market cap of only 1.43B.

Something seems wrong, very wrong. Is HWX undervalued? Yes it is! All other metrics suggest the same thing. HWX is currently worth $10 or more, in my opinion.

I hope the next quarterlies next week wakes the market up and that more monies are directed into HWX. This company appears to be a sleeping giant.

glta

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Comment by Grandcentral on Jul 31, 2022 1:56pm

It was the first to take off, first to recently take a six month rest, and will soon be the first to take off again IMO. Enjoying the opportunity to buy on the cheap. GLTA

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Headwater Exploration Inc