Highwood Asset ManagementHAM.VPAST TOP PICKSep 21, 2026Stock price when the opinion was issued
Great company. Focusing efforts on Brazeau area in Alberta. Sold its Wilson Creek assets, which allowed it to reduce its debt from one of the higher levels among peers to one of the lower ones. Mineral lands it could sell. His price target is $9.50 (88-90% upside). Great management, executing well. Lots of visible catalysts ahead. Undemanding multiple. No dividend.
(Analysts’ price target is $8.13)
It is 69% oil and is poised for good production with enhanced technologies. It sold its Wilson Creek assets and brought down its debt. Now with a better balance sheet it has one of the best debt/cash flow metrics of its peers. Good management and still a buy