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 > Analyst Comment

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Post by retiredcf on Aug 24, 2023 8:07am

Analyst Comment

HWX-T

Headwater Exploration Inc. (HWX-T)

23/08/2023

Trades at a premium. Proven management team. Exposure to Clearwater, the most economic play in NA. Amenable to multi-lateral drilling, and there's upside embedded in that. He sold some, but still meaningful upside. Yield is 5.8%, lots of room to increase.

Oil / Gas

Eric Nuttall

$6.980

Owned

274