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Highwood Oil Co. Ltd. ( (TSE:HAM) ) has issued an announcement.
Highwood Asset Management Ltd. reported significant growth in its fourth quarter and full-year 2024 results, with a notable increase in production and financial performance. The company’s successful drilling program led to a 48% rise in average corporate production and substantial increases in adjusted EBITDA and funds flow from operations. Highwood’s net asset value per share also saw considerable growth, and the company’s borrowing base was increased, allowing for greater financial flexibility. The company plans further expansion in 2025 with a robust capital plan and production guidance.
More about Highwood Oil Co. Ltd.
Highwood Asset Management Ltd. is a company operating in the oil and gas industry, primarily focusing on the exploration, development, and management of oil and gas reserves. The company is based in Calgary, Alberta, and is listed on the TSX Venture Exchange under the symbol HAM.
YTD Price Performance: -4.29%
Average Trading Volume: 6,579
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$85.62M
See more data about HAM stock on TipRanks’ Stock Analysis page.