Hammerhead Energy stock more than doubles on equity markets debut

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Hammerhead Energy stock more than doubles on equity markets debut
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Hammerhead Energy Inc. stock shot up more than 113% on Monday, the Canadian exploration and production company’s debut on the Nasdaq and Toronto Stock...

Hammerhead Energy Inc. HHRS stock shot up more than 113% on Monday, the Canadian exploration and production company’s debut on the Nasdaq COMP and Toronto Stock Exchange. Hammerhead merged with a blank-check company last week. The company is developing 107,000 net acres within western Canada’s Montney Trend, and averaged production of 32,081 barrels of oil equivalent last year and vowed to deliver “substantial production growth in 2023.

... Hammerhead Energy Inc. HHRS stock shot up more than 113% on Monday, the Canadian exploration and production company’s debut on the Nasdaq COMP and Toronto Stock Exchange. Hammerhead merged with a blank-check company last week. The company is developing 107,000 net acres within western Canada’s Montney Trend, and averaged production of 32,081 barrels of oil equivalent last year and vowed to deliver “substantial production growth in 2023.

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