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HWX

Headwater Exploration TSX:HWX Stock Report

Last Price

CA$5.57

Market Cap

CA$1.3b

7D

10.1%

1Y

19.8%

Updated

03 Oct, 2022

Data

Company Financials +
HWX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance5/6
Financial Health6/6
Dividends0/6

HWX Stock Overview

Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick.

Headwater Exploration Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Headwater Exploration
Historical stock prices
Current Share PriceCA$5.57
52 Week HighCA$8.18
52 Week LowCA$4.32
Beta1.51
1 Month Change-4.13%
3 Month Change7.12%
1 Year Change19.79%
3 Year Change731.34%
5 Year Change813.12%
Change since IPO743.94%

Recent News & Updates

Shareholder Returns

HWXCA Oil and GasCA Market
7D10.1%1.3%-0.008%
1Y19.8%21.8%-6.6%

Return vs Industry: HWX underperformed the Canadian Oil and Gas industry which returned 21.8% over the past year.

Return vs Market: HWX exceeded the Canadian Market which returned -6.6% over the past year.

Price Volatility

Is HWX's price volatile compared to industry and market?
HWX volatility
HWX Average Weekly Movement8.7%
Oil and Gas Industry Average Movement10.5%
Market Average Movement10.0%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market3.8%

Stable Share Price: HWX is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: HWX's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a26Neil Roszellhttps://www.headwaterexp.com

Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick. It holds interests in the McCully Field located to the northeast of Sussex, New Brunswick; the Clearwater play located in the Marten Hills, Alberta; and the Frederick Brook shale gas prospect located in New Brunswick. The company was formerly known as Corridor Resources Inc. and changed its name to Headwater Exploration Inc. in March 2020.

Headwater Exploration Inc. Fundamentals Summary

How do Headwater Exploration's earnings and revenue compare to its market cap?
HWX fundamental statistics
Market CapCA$1.28b
Earnings (TTM)CA$144.81m
Revenue (TTM)CA$314.35m

8.8x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HWX income statement (TTM)
RevenueCA$314.35m
Cost of RevenueCA$65.94m
Gross ProfitCA$248.41m
Other ExpensesCA$103.60m
EarningsCA$144.81m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.63
Gross Margin79.02%
Net Profit Margin46.07%
Debt/Equity Ratio0%

How did HWX perform over the long term?

See historical performance and comparison