Headwater Exploration Reports Q3 Revenue Growth and Increased AFFO
Headwater Exploration (HWX:CA) has released its third-quarter financial results, highlighting significant year-over-year growth. The company reported revenue of $227.66 million, representing a 55.4% increase compared to the same period last year. Net income for the quarter reached $66.7 million. The company's operational efficiency was reflected in its netback figures, achieving an operating netback of $60.14 per barrel of oil equivalent (boe) and an adjusted funds flow netback of $50.31 per boe. Additionally, Adjusted Funds From Operations (AFFO) stood at $0.49 for the quarter.
Tickers: $HDWEY
Topics: AFFO net income operating netback revenue growth
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