Highwood Asset Management Ltd

HAM · V · Energy / Oil & Gas E&P

5.90CAD+0.02 (+0.34%)

Price History

Full chart

Market Stats

Previous Close5.88

Open5.76

Day Range5.76 – 5.98

52-Week Range3.50 – 6.30

Volume5.65K

Market Cap81.53M

P/E (TTM)3.85

Forward P/E6.69

EPS1.52

Dividend Yield0.00%

Beta-1.06

50-Day Avg5.95

200-Day Avg5.06

About

Highwood Asset Management Ltd., together with its subsidiary, operates as an oil and gas exploration and production company in Canada. The company owns 100% interest in the Wabsaca River Pipeline System, a crude oil pipeline with a capacity of 20,000 barrel per day located in Edmonton, Canada. It also holds lithium-brine project located in Drumheller, southcentral Alberta. The company was formerly known as Highwood Oil Company Ltd. and changed its name to Highwood Asset Management Ltd. in July 2021. Highwood Asset Management Ltd. was founded in 2012 and is headquartered in Calgary, Canada.

Company Details

SectorEnergy
IndustryOil & Gas E&P
CEOMr. Gregory A. MacDonald
Employees17
Headquarters1100, 250 ? 2nd Street SW, Calgary, AB, Canada, T2P 0C1, Canada
Websitehttps://highwoodmgmt.com

Leadership

Mr. Joel A. MacLeodExecutive Chairman · b. 1979
Mr. Gregory A. MacDonaldPresident, CEO & Director · b. 1980
Mr. Chris AllchorneCFO & Secretary
Mr. Ryan PetkauVice President of Operations
Mr. Kelly J. McDonald B.Sc., P. Geol.Vice President of Exploration
Mr. Joshua R. McDonaldGeological Manager

Financials

Income Statement

Currency: CAD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	29.42M	30.89M	40.86M	25.48M	11.11M	8.13M	45.81M	141.38M	103.56M
Growth (%)	-	+5.01%	+32.25%	-37.63%	-56.42%	-26.81%	+463.64%	+208.60%	-26.75%
Cost of Revenue	25.17M	27.88M	32.02M	24.44M	1.93M	1.95M	17.83M	55.74M	44.95M
Gross Profit	4.25M	3.02M	8.84M	1.04M	9.18M	6.18M	27.98M	85.64M	58.61M
Gross Margin	14.43%	9.77%	21.63%	4.10%	82.67%	76.03%	61.08%	60.58%	56.59%
Operating Expense	4.73M	3.87M	10.44M	8.04M	9.30M	5.60M	16.87M	35.92M	38.61M
Operating Income	-484.25K	-853.64K	-1.60M	-7.00M	-116.00K	580.00K	11.11M	49.73M	20.00M
Operating Margin	-1.65%	-2.76%	-3.92%	-27.47%	-1.04%	7.14%	24.26%	35.17%	19.31%
EBITDA	7.03M	6.12M	-2.85M	-3.26M	-1.82M	3.52M	61.11M	72.57M	62.22M
EBITDA Margin	23.89%	19.80%	-6.98%	-12.79%	-16.36%	43.36%	133.39%	51.33%	60.08%
Net Income	598.25K	-1.81M	-11.01M	-9.28M	-2.32M	2.25M	46.14M	27.95M	21.71M
Net Income Margin	2.03%	-5.86%	-26.95%	-36.43%	-20.90%	27.63%	100.72%	19.77%	20.96%
Interest Expense	0	570.74K	957.80K	1.28M	95.00K	65.00K	4.34M	10.10M	7.48M
Interest Expense % of Total Revenue	0.00%	1.85%	2.34%	5.04%	0.86%	0.80%	9.48%	7.14%	7.22%

Balance Sheet

Currency: CAD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	79.81M	126.55M	114.19M	65.65M	15.88M	16.84M	257.08M	292.13M	322.03M
Total Liabilities	52.94M	101.97M	96.19M	55.89M	7.89M	6.14M	152.88M	160.04M	167.97M
Total Equity	26.71M	24.58M	18.00M	9.76M	7.99M	10.70M	104.20M	132.09M	154.06M
Cash	-	-	-	5.67M	0	6.00K	2.29M	1.81M	4.56M
Net Debt	16.76M	34.87M	37.08M	1.32M	1.20M	-	84.92M	88.91M	100.73M

Cash Flow

Currency: CAD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	6.46M	-2.51M	11.67M	9.11M	-2.16M	722.00K	16.38M	65.78M	56.40M
Investing Cash Flow	-3.01M	-14.90M	-13.77M	26.87M	-	-	-	-	-
Financing Cash Flow	-3.25M	15.90M	3.79M	-30.13M	-6.03M	-1.13M	102.26M	412.00K	10.49M
Capital Expenditure	10.28M	23.25M	11.95M	4.71M	273.00K	2.04M	18.77M	66.48M	60.63M
Free Cash Flow	-3.82M	-25.76M	-282.60K	4.40M	-2.43M	-1.32M	-2.39M	-706.00K	-4.24M
Dividends Paid	750.00K	0	-	-	-	-	-	-	-
FCF to OCF	-59.11%	1025.39%	-2.42%	48.31%	112.66%	-183.24%	-14.60%	-1.07%	-7.51%
Dividend Paid to FCF	-19.63%	0.00%	-	-	-	-	-	-	-

Earnings

Report Date	May 29, 2019	Aug 27, 2019	Nov 26, 2019	Dec 31, 2019	Apr 28, 2020	Aug 27, 2020	Nov 26, 2020	Nov 28, 2023	Dec 31, 2023	May 16, 2024	Aug 14, 2024	Nov 14, 2024	Dec 31, 2024	May 15, 2025	Aug 14, 2025	Nov 14, 2025	Mar 17, 2026	May 14, 2026	Aug 20, 2026	Nov 20, 2026
EPS Estimate	0.03	0.11	0.38	0.08	0.08	0.00	0.02	-0.10	0.33	0.06	0.61	0.67	0.42	0.83	0.48	0.08	0.31	-0.82	1.05	-0.14
EPS Actual	-0.43	-0.08	-0.24	-0.52	-1.10	-0.64	-3.18	-0.09	4.88	-0.04	0.69	1.07	0.13	0.16	0.89	0.02	0.39	-1.03	2.11	-
Surprise	-1533.33%	-172.73%	-163.16%	-750.00%	-1475.00%	-	-16000.00%	10.00%	1401.54%	-166.67%	13.11%	59.70%	-69.41%	-80.72%	85.42%	-75.00%	25.81%	-25.61%	100.95%	-
Timing	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	After-hours	-	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap81.53M

Enterprise Value85.22M

Trailing P/E3.85

Forward P/E6.69

Price / Sales0.87

Price / Book0.48

EPS1.52

Book Value11.23

Revenue (TTM)94.16M

Gross Profit (TTM)64.54M

EBITDA40.41M

Profit Margin23.56%

Operating Margin69.52%

Return on Equity13.92%

Return on Assets3.40%

Shares Outstanding13.94M

Shares Float6.84M

Beta-1.06

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Stock Splits

Jan 30, 20191:53