CA - Headwater Exploration: Solid Q4 Result With Higher Margins Ahead
2024-03-08 09:53:07 ET
Summary
- Headwater Exploration Inc. is a Canadian oil and natural gas producer with a high percentage exposure to heavy oil production.
- The company reported a solid Q4 2023 result, with a growth in production and adjusted funds flow.
- Headwater announced a significant increase in reserves, indicating a healthy reserve replacement ratio.
Overview
Headwater Exploration Inc. ( HWX:CA ) is Canadian oil & natural gas producer, where the vast majority of its production is from heavy oil. I last covered Headwater in September of 2023, and that article can be found here ....
Headwater Exploration: Solid Q4 Result With Higher Margins Ahead