TSX:HWXOil and Gas
How Investors Are Reacting To Headwater Exploration (TSX:HWX) 2026 Growth Budget And Dividend Plan
In December 2025, Headwater Exploration Inc. approved an initial 2026 budget targeting average production of 24,500 boe/d, implying 8% production per share growth at a 37% reinvestment rate of adjusted funds flow from operations at US$60.00/bbl WTI while planning to pay a US$0.44 per common share annual dividend and maintain positive year-end adjusted working capital.
The board also confirmed a quarterly dividend of US$0.11 per common share for 2026, signaling a balance between growth...