Headwater Exploration Inc.

Equities

HWX

CA4220961078

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 01:30:00 30/04/2024 am IST			5-day change	1st Jan Change
7.85 ^CAD	+0.38%		+2.35%	+25.60%

08/04	RBC Capital Markets Notes Updates From ARC Resources, Headwater Exploration, Parkland	MT
05/04	Headwater Exploration Maintained at Outperform at BMO Following Operations Update; Price Target Kept at C$9.00	MT

Headwater Exploration Inc. Revises Production Guidance for the Fourth Quarter and Full Year 2022

May 13, 2022 at 02:30 am IST

Headwater Exploration Inc. revised its production guidance for the fourth quarter and full year 2022. For the quarter, the company now expects production of 16,500 boe/d compared to previous guidance of 15,000 boe/d.

For full year, the company now expects production of 13,000 boe/d compared to previous guidance of 12,500 boe/d.

Latest news about Headwater Exploration Inc.

RBC Capital Markets Notes Updates From ARC Resources, Headwater Exploration, Parkland	08/04	MT
Headwater Exploration Maintained at Outperform at BMO Following Operations Update; Price Target Kept at C$9.00	05/04	MT
National Bank of Canada Comments On Headwater Exploration's Latest Operations Update	05/04	MT
Headwater Exploration Providing Q1 Operations Update; Shares Hit a 52-Week High	05/04	MT
Headwater Exploration Brief: Providing Q1 Operations Update	05/04	MT
Headwater Exploration Inc. Reports Operating Results for the First Quarter of 2024	05/04	CI
Headwater Exploration Coverage Reinstated at BMO with an Outperform Rating and a C$9.00 Price Target	22/03	MT
RBC Capital Markets Comments On Headwater Exploration's Q4 2023 Results	11/03	MT
Headwater Exploration Reiterated at Buy at Stifel FirstEnergy After Q4 Results; Price Target Raised to C$8.75	08/03	MT
Headwater Exploration Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	08/03	CI
Headwater Exploration Brief: Announcing 2023 Reserves, Increase To 204 Capital Budget	08/03	MT
Headwater Exploration Brief: Q4 Per Share Basic and Diluted $0.19	08/03	MT
Headwater Exploration Inc. Declares First Quarter Dividend, Payable on April 15, 2024 and Provides Quarterly Dividend Guidance for the Year 2024	08/03	CI
Headwater Exploration Inc. Provides Production Guidance for the Year 2024	08/03	CI
Headwater Exploration Inc. Announces Operating Results for the Fourth Quarter and Year Ended December 31, 2023	08/03	CI
Headwater Exploration Maintained at Outperform at BMO Following 2024 Guidance; Price Target Kept at C$10.00	08/12	MT
Headwater Exploration Maintained at Buy at Stifel FirstEnergy After 2024 Guidance; Price Target Lowered to C$9.00	08/12	MT
National Bank Notes Headwater Exploration 'Positively Advancing On All Fronts'	08/12	MT
Headwater Exploration Budgets C$180 Million for Capital Programs in 2024; Oil and Gas Production Seen Rising 11%	08/12	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	08/12	MT
Headwater Exploration Brief: Cites Capital expenditures of $180 million; Quarterly dividend of $0.10/common share representing an approximate 6.2% yield	08/12	MT
Headwater Exploration Brief: Announcing 2024 Budget and Operations Update	08/12	MT
RBC Capital Markets Comments On Canadian Exploration, Production Companies After Q3 Earnings Reporting	13/11	MT
National Bank Says Headwater Exploration's Q3 Results in Line With Expectations; Dividend Declared; New CEO Named; Up 6.5%	11/11	MT
National Bank Says Headwater Exploration's Q3 Results in Line With Expectations; Dividend Declared; New CEO Named	10/11	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

09/05/2024 - 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

7.85 CAD

Average target price

9.393 CAD

Spread / Average Target

+19.65%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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