Hammerhead Energy Inc Generated Q3 Adj. FFO Of C$141.4M
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/23/2023 | Outperform | BMO Capital Markets | |
| 7/11/2023 | Sector Perform | RBC Capital Mkts | |
| 6/28/2023 | Buy | Stifel |
BMO Capital Markets initiated coverage of Hammerhead Energy with a rating of Outperform
RBC Capital Mkts initiated coverage of Hammerhead Energy with a rating of Sector Perform
Stifel initiated coverage of Hammerhead Energy with a rating of Buy
CALGARY, Alberta, March 28, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. ("Hammerhead Energy" or "HEI") (TSX:HHRS, HHRS.WT, NASDAQ:HHRS, HHRSW))) is pleased to announce record 2022 annual financial and operating results, year-end 2022 reserves and provide 2023 guidance. On February 23, 2023, HEI completed a plan of arrangement pursuant to a business combination agreement with Decarbonization Plus Acquisition Corporation IV ("DCRD"), an affiliate of HEI's controlling shareholder, Riverstone Holdings LLC, Hammerhead Resources Inc. (the "Company") and certain other parties and their respective shareholders. Pursuant to the plan of arrangement, DCRD amalgamated with a wholly owned subsidia
CALGARY, AB, Dec. 20, 2023 /PRNewswire/ - Hammerhead Energy Inc. ("Hammerhead" or the "Corporation") (TSX:HHRS) (NASDAQ:HHRS) is pleased to announce that today at its special meeting (the "Meeting") of the holders (the "Shareholders") of Class A common shares of Hammerhead (the "Common Shares"), the Shareholders passed a special resolution (the "Arrangement Resolution") approving a plan of arrangement under Section 193 of the Business Corporations Act (Alberta), pursuant to which Crescent Point Energy Corp. ("Crescent Point") will acquire all of the issued and outstanding Common Shares and the Corporation will become a direct wholly owned subsidiary of Crescent Point. Shareholders (other tha
CALGARY, Alberta, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. ("Hammerhead" or the "Company") (TSX:HHRS, NASDAQ:HHRS) is pleased to announce that it has filed the management information circular ("Information Circular") and related meeting materials (together with the Information Circular, the "Meeting Materials") for the special meeting of holders ("Shareholders") of Class A common shares of Hammerhead ("Hammerhead Shares") to be held at 2400, 525 – 8th Avenue S.W., Calgary, Alberta, T2P 1G1 on December 20, 2023 at 8:30 a.m. (Calgary time) (the "Meeting"). At the Meeting, Shareholders will be asked to consider, and, if thought advisable, approve a Plan of Arrangement (the "A
CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. ("Hammerhead" or the "Company") (TSX:HHRS, NASDAQ:HHRS) is pleased to announce record financial and operating results for the third quarter of 2023. During the quarter, the Company maintained its planned two-rig program targeting Montney light oil, with a focus at North Karr. The critical new infrastructure expansion at South Karr has continued to be on time and on budget. Hammerhead also completed drilling of its first ever multi-well pad at South Karr (the nine-well 5-11 pad) which includes three new Lower Montney wells. These wells are expected to be brought on-stream when the South Karr facilities work is comple
Hammerhead Energy Inc. ("Hammerhead" or the "Corporation") (TSX:HHRS) (NASDAQ:HHRS) is pleased to announce that today at its special meeting (the "Meeting") of the holders (the "Shareholders") of Class A common shares of Hammerhead (the "Common Shares"), the Shareholders passed a special resolution (the "Arrangement Resolution") approving a plan of arrangement under Section 193 of the Business Corporations Act (Alberta), pursuant to which Crescent Point Energy Corp. ("Crescent Point") will acquire all of the issued and outstanding Common Shares and the Corporation will become a direct wholly owned subsidiary of Crescent Point. Shareholders (other than dissenting Shareholders) will receive,
As of Nov. 15, 2023, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. Teekay Tankers Ltd. (NYSE:TNK) Teekay Tankers posted upbeat quarterly results. The company’s stock ha
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