TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Highwood Oil Co. Ltd. ( (TSE:HAM) ) has issued an announcement.
Highwood Asset Management Ltd. reported its first quarter 2025 results, highlighting a 5% increase in average corporate production despite challenges such as severe cold weather and third-party outages. The company achieved an adjusted EBITDA of $13.7 million and adjusted funds flow of $11.98 million. Highwood’s capital expenditures amounted to $33.2 million, primarily for drilling activities, and the company has hedged a significant portion of its oil and natural gas production to mitigate commodity price volatility. The company maintains its 2025 guidance, anticipating a 10% year-over-year increase in production.
The most recent analyst rating on (TSE:HAM) stock is a Buy with a C$10.50 price target. To see the full list of analyst forecasts on Highwood Oil Co. Ltd. stock, see the TSE:HAM Stock Forecast page.
More about Highwood Oil Co. Ltd.
Average Trading Volume: 4,758
Technical Sentiment Signal: Sell
Current Market Cap: C$86.37M
For detailed information about HAM stock, go to TipRanks’ Stock Analysis page.