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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

Headwater Exploration Inc > Nuttall's Comments
View:
Post by retiredcf on Nov 26, 2022 6:37am

Nuttall's Comments

BUY
Headwater Exploration Inc. (HWX-T)
24/11/2022 at 07:00pm
 
Largest shareholder of company. Pure play Clearwater player. Wells paying out in 2 months. Don't have to frac wells. Recent market selloff due to recent dry well results. Perception that inventory is light not well founded. Trading a 3.1x cashflow (average valuation). Expecting a $11 share price.
Oil / Gas
 
Eric Nuttall
$6.390
Owned
Comment by Foggie2021 on Nov 26, 2022 9:41am
He forgot, or chose not to, to mention the dividend.  He seems so sped up when he makes these appearances. Obviously trying to convey as much info as possible in a constrained environmenr but maybe could do with a little less coffee on BNN days. :)
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