HWX Headwater Exploration Inc.

13.66CAD+0.44%Mkt Cap: 2.37B $P/E: 17.51

Headwater Exploration Inc. engages in the exploration, development, and production of petroleum and natural gas resources in Canada. It holds interest in the Marten Hills area located in Alberta; and the McCully Field ar…

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Headwater Exploration (TSX:HWX) Agrees To Tamarack Deal, Is The Stock Still A Bargain?

Tamarack Valley Energy has agreed to acquire Headwater Exploration (TSX:HWX) in an all share deal valued at about CA$3.2b, which puts the spotlight on what this merger could mean for existing investors. Headwater Exploration’s share price sits at about CA$13.51, with short term momentum softening after a 1-day share price return that declined 1.82% and a 7-day share price return that fell 4.99%. This comes even though the year to date share price return is 41.61% and the 1-year total...

Simply Wall St.
Financial Post
TSX Closer: The Index Falls as Technology and Financial Stocks Decline

The S&P/TSX Composite Index closed sharply lower on Tuesday as weakness in base metals and energy st

MT Newswires
Consolidation in one of Alberta's hottest oil plays: Tamarack, Headwater merge in $10-billion deal

The Clearwater, located in north-central Alberta, has emerged as one of the fastest-growing oil plays in Canada

Financial Post
Canada’s Tamarack Valley and Headwater to merge in C$10 billion deal

Investing.com -- Tamarack Valley Energy and Headwater Exploration announced Tuesday they will merge in an all-stock transaction valued at C$10 billion ($7.25 billion).

Investing.com
Tamarack Valley, Headwater Exploration agree $7.2bn all-stock merger

Tamarack investors will hold 66.5% of the merged group and Headwater investors 33.5%.

Offshore Technology
Tamarack Valley Energy to Acquire Headwater Exploration in a CA$10 Billion All-Stock Merger

Tamarack Valley Energy (TVE.TO) on Tuesday said it agreed to acquire Headwater Exploration (HWX.TO)

MT Newswires
Tamarack Valley to Merge With Headwater Exploration in Over $7.24 Billion Deal

The acquisition combines Headwater’s low-cost production footprint with Tamarack’s asset base, bringing together more than 1,500 sections of contiguous land across northern Alberta.

The Wall Street Journal