Headwater Exploration Inc.

Equities

HWX

CA4220961078

Oil & Gas Exploration and Production

Delayed Toronto S.E. Other stock markets 02:36:57 2024-05-08 pm EDT			5-day change	1st Jan Change
7.44 ^CAD	+0.95%		+0.81%	+19.04%

Apr. 08	RBC Capital Markets Notes Updates From ARC Resources, Headwater Exploration, Parkland	MT
Apr. 05	Headwater Exploration Maintained at Outperform at BMO Following Operations Update; Price Target Kept at C$9.00	MT

Headwater Exploration Inc. Announces Production Results for the First Quarter of 2022

May 12, 2022 at 05:00 pm EDT

Headwater Exploration Inc. announced production results for the first quarter of 2022. For the quarter, the company reported average production of 12,414 boe/d consisting of 10,602 bbls/d of heavy oil and 10.8 mmcf/d of natural gas and 7 bbls/d of natural gas liquids representing an increase of 158% from the first quarter of 2021.

Latest news about Headwater Exploration Inc.

RBC Capital Markets Notes Updates From ARC Resources, Headwater Exploration, Parkland	Apr. 08	MT
Headwater Exploration Maintained at Outperform at BMO Following Operations Update; Price Target Kept at C$9.00	Apr. 05	MT
National Bank of Canada Comments On Headwater Exploration's Latest Operations Update	Apr. 05	MT
Headwater Exploration Providing Q1 Operations Update; Shares Hit a 52-Week High	Apr. 04	MT
Headwater Exploration Brief: Providing Q1 Operations Update	Apr. 04	MT
Headwater Exploration Inc. Reports Operating Results for the First Quarter of 2024	Apr. 04	CI
Headwater Exploration Coverage Reinstated at BMO with an Outperform Rating and a C$9.00 Price Target	Mar. 21	MT
RBC Capital Markets Comments On Headwater Exploration's Q4 2023 Results	Mar. 11	MT
Headwater Exploration Reiterated at Buy at Stifel FirstEnergy After Q4 Results; Price Target Raised to C$8.75	Mar. 08	MT
Headwater Exploration Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 07	CI
Headwater Exploration Brief: Announcing 2023 Reserves, Increase To 204 Capital Budget	Mar. 07	MT
Headwater Exploration Brief: Q4 Per Share Basic and Diluted $0.19	Mar. 07	MT
Headwater Exploration Inc. Declares First Quarter Dividend, Payable on April 15, 2024 and Provides Quarterly Dividend Guidance for the Year 2024	Mar. 07	CI
Headwater Exploration Inc. Provides Production Guidance for the Year 2024	Mar. 07	CI
Headwater Exploration Inc. Announces Operating Results for the Fourth Quarter and Year Ended December 31, 2023	Mar. 07	CI
Headwater Exploration Maintained at Outperform at BMO Following 2024 Guidance; Price Target Kept at C$10.00	Dec. 08	MT
Headwater Exploration Maintained at Buy at Stifel FirstEnergy After 2024 Guidance; Price Target Lowered to C$9.00	Dec. 08	MT
National Bank Notes Headwater Exploration 'Positively Advancing On All Fronts'	Dec. 08	MT
Headwater Exploration Budgets C$180 Million for Capital Programs in 2024; Oil and Gas Production Seen Rising 11%	Dec. 07	MT
Headwater Exploration Brief: Also Cites Annual production of 20,000 boe/d representing 11% YoY production per share growth; Adjusted funds flow from operations of $275 million at US$70.00/bbl WTI	Dec. 07	MT
Headwater Exploration Brief: Cites Capital expenditures of $180 million; Quarterly dividend of $0.10/common share representing an approximate 6.2% yield	Dec. 07	MT
Headwater Exploration Brief: Announcing 2024 Budget and Operations Update	Dec. 07	MT
RBC Capital Markets Comments On Canadian Exploration, Production Companies After Q3 Earnings Reporting	Nov. 13	MT
National Bank Says Headwater Exploration's Q3 Results in Line With Expectations; Dividend Declared; New CEO Named; Up 6.5%	Nov. 10	MT
National Bank Says Headwater Exploration's Q3 Results in Line With Expectations; Dividend Declared; New CEO Named	Nov. 10	MT

Chart Headwater Exploration Inc.

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Company Profile

Headwater Exploration Inc. is a Canada-based resource company, which is engaged in the exploration and development and production of petroleum and natural gas in Canada. The Company's core operating areas are Marten Hills and McCully Field. Marten Hills is located approximately 250 kilometers (km) north of Edmonton, Alberta, within the Clearwater play. It owns approximately 270 sections of Clearwater rights. The McCully Field is located approximately 10 km northeast of Sussex, New Brunswick, in the farming community of Penobsquis. It owns and operates a natural gas processing plant, with a processing capacity of about 35 million standard cubic feet per day (mmscfpd), and a 50 km transmission line connected to the Maritimes and Northeast pipeline. The Company has oil production, reserves, and lands in the Clearwater play in the Marten Hills area of Alberta as well as low decline natural gas production and reserves in the McCully Field near Sussex, New Brunswick.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-08 - Q1 2024 Earnings Release (Projected)

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Ratings for Headwater Exploration Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7.37 CAD

Average target price

9.536 CAD

Spread / Average Target

+29.39%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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