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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (151045)6/4/2023 6:39:24 AM
From: Goose94Read Replies (1) | Respond to of 202365
 
Headwater Exploration (HWX-T) top pick from Eric Nuttall on BNN.ca Market Call May 31st 2023 @ 1200ET

Headwater recently announced highly encouraging exploration success unlocking significant additional running room in the most economic play in North America, which if anyone still paid attention to well results should have negated any worries about limited drilling inventory. It is trading at a 6.4 per cent dividend yield, 3.8x/3.0x EV/CF at $80/$100, no debt, and essentially 100 per cent exposed to our bullish outlook for Western Canadian Select. We see the company having the ability to increase production by over 20 per cent while more than doubling the dividend over the next two years.