Private company

Hammerhead Energy Inc.

Canadian oil and gas field exploration services company1

In its 2023 annual report (Form 20-F) the company says: “The Company is an oil and natural gas exploration, development and production company, earning revenue from the extraction and sale of oil, natural gas and natural gas liquids. The Company's reserves, producing properties and exploration prospects are located in the Province of Alberta in the Deep Basin of West Central Alberta where the Company is developing multi-zone, liquids-rich oil and gas plays.”5

Last updated Oct 21, 2026.

Overview

  • IndustryOil & Gas Field Exploration Services1
  • HeadquartersSarasota, Florida1
  • Incorporated inAlberta, Canada2
  • Business address6151 Lake Osprey Drive, Sarasota, Fl 342402
  • Filer category, Emerging growth company2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.

Key numbers, fiscal 2022

33.3%Net margin3
132.5%Revenue growth, 20223
17.5%Return on equity3
-12.5M CADFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Other costs63¢424.6M CAD
  • Interest4¢25.5M CAD
  • Profit33¢225.1M CAD

Out of 675.2M CAD in revenue.3

Where each dollar of operating cash went, fiscal 2022

  • Capital spending100¢383.9M CAD

Out of 371.4M CAD of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue3675.2M CAD in 2022+126% since 2020
0200.0M CAD400.0M CAD600.0M CAD800.0M CAD2020: 299.1M CAD299.1M CAD20202021: 290.4M CAD290.4M CAD2021−3%2022: 675.2M CAD675.2M CAD2022+133%
Net income3225.1M CAD in 2022+321% since 2020
-100.0M CAD0100.0M CAD200.0M CAD300.0M CAD2020: 53.4M CAD53.4M CAD20202021: -71.8M CAD-71.8M CAD20212022: 225.1M CAD225.1M CAD2022
Fiscal year2019202020212022
Revenue299.1M CAD3290.4M CAD3675.2M CAD3
Interest21.3M CAD325.5M CAD3
Income before tax-71.8M CAD3256.8M CAD3
Net income53.4M CAD3-71.8M CAD3225.1M CAD3
Earnings per share0 CAD/shares3-0 CAD/shares31 CAD/shares3
Earnings per share (diluted)0 CAD/shares3-0 CAD/shares30 CAD/shares3
Shares (weighted, basic)391.1M shares3391.8M shares3
Shares (weighted, diluted)391.1M shares3961.8M shares3

Compare Hammerhead Energy Inc. with another company

Corporate structure

Hammerhead Energy Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Hammerhead Energy Inc.

  • 1901 Lux Holdings, LP Filed SC 13D/A on Hammerhead Energy Inc., latest Oct 25, 2023 (2 filings since Mar 6, 2023)
  • Hammerhead Energy Inc. Sarasota, Florida

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Hammerhead Energy Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net1.6B CAD3 Dec 31, 20221.4B CAD3 Dec 31, 2021+16.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents8.8M CAD3 Dec 31, 202212.2M CAD3 Dec 31, 2021−27.8%

Filings

78 filings to the SEC since October 2021: 2 annual reports, 2 large holders, 74 other. The latest 20:

  1. Jan 2, 202415-12G EDGAR
  2. Dec 27, 2023EFFECT EDGAR
  3. Dec 27, 2023EFFECT EDGAR
  4. Dec 22, 20236-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  5. Dec 21, 2023POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM F-1 EDGAR
  6. Dec 21, 2023POS AM POST-EFFECTIVE AMENDMENT NO. 2 TO FORM F-4 EDGAR
  7. Dec 21, 20236-K EDGAR
  8. Nov 20, 20236-K EDGAR
  9. Nov 17, 2023424B3 EDGAR
  10. Nov 17, 20236-K EDGAR
  11. Nov 17, 20236-K EDGAR
  12. Nov 17, 20236-K EDGAR
  13. Nov 6, 2023424B3 EDGAR
  14. Nov 6, 20236-K EDGAR
  15. Oct 25, 2023SC 13D/A AMENDMENT NO. 1 EDGAR
  16. Oct 3, 2023424B3 EDGAR
  17. Oct 3, 20236-K EDGAR
  18. Sep 6, 2023424B3 EDGAR
  19. Sep 6, 20236-K EDGAR
  20. Aug 31, 2023424B3 EDGAR

The 78 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Hammerhead Energy Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHammerhead Energy Inc.1
  • CIK0001946425
  • Filer status<br>emerging growth company1
  • Incorporated inAlberta, Canada1
  • Fiscal year endsDecember 311
  • Industry code (SIC)1382 Oil & Gas Field Exploration Services1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address6151 Lake Osprey Drive, Sarasota, FL 342401
  • Phone1 403-930-05601
  • Shares outstanding90,927,765 as of Mar 28, 20233
  • On EDGAR sinceSep 26, 20221
  • Filings95 in all: 6-K (25), 424B3 (15), 425 (15), CORRESP (7), UPLOAD (5), EFFECT (4), F-4/A (4), 20-F (2)1
    All 23 form types

    25-NSE (2), POS AM (2), SC TO-I/A (2), 15-12G (1), 8-A12B (1), CERT (1), CT ORDER (1), DEFA14A (1), F-1 (1), F-1/A (1), F-4 (1), POS EX (1), SC 13D (1), SC 13D/A (1), SC TO-I (1)

  • Latest filingsAnnual report (20-F) Mar 29, 2023