HI

Headwater Exploration Inc

HWX.TO
TSXEnergy
$13.38
USD
-0.08(-0.60%)
At close: Apr 30, 19:03 UTC
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Open

$13.34

Prev. Close

$13.34

High

$13.34

Low

$13.34

Market Snapshot

Market Cap

$1.35B

P/E Ratio

20.5

EPS

0.64

Revenue

$514.29M

Employees

39

Why HWX.TO moved

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About

Headwater Exploration, Inc. engages in the exploration, development, and production of petroleum and natural gas. The company is headquartered in Calgary, Alberta and currently employs 34 full-time employees. The firm 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 Brunswick. The McCully Field is located approximately 10 kilometers (kms) northeast of Sussex, New Brunswick in the farming community of Penobsquis. The company owns and operates a natural gas processing plant, with a processing capacity of approximately 35 mmscfpd, and a 50 km transmission line connected to the Maritimes and Northeast pipeline. The McCully Field is a winter producing asset connected to the northeast United States gas market. The firm drilled its first stratigraphic test and single-leg horizontal well, prospective for heavy oil, in Handel, Saskatchewan.

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