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Headwater Exploration TSX:HWX Stock Report

Last Price

CA$7.82

Market Cap

CA$1.9b

7D

-0.6%

1Y

29.3%

Updated

24 Apr, 2024

Data

Company Financials +

Headwater Exploration Inc.

TSX:HWX Stock Report

Market Cap: CA$1.9b

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$7.82
52 Week HighCA$8.57
52 Week LowCA$5.76
Beta1.62
1 Month Change1.43%
3 Month Change21.05%
1 Year Change29.26%
3 Year Change83.14%
5 Year Change986.11%
Change since IPO1,084.85%

Recent News & Updates

Recent updates

With EPS Growth And More, Headwater Exploration (TSE:HWX) Makes An Interesting Case

Jul 06
With EPS Growth And More, Headwater Exploration (TSE:HWX) Makes An Interesting Case

Headwater Exploration (TSE:HWX) Is Doing The Right Things To Multiply Its Share Price

Apr 20
Headwater Exploration (TSE:HWX) Is Doing The Right Things To Multiply Its Share Price

Is There An Opportunity With Headwater Exploration Inc.'s (TSE:HWX) 33% Undervaluation?

Apr 05
Is There An Opportunity With Headwater Exploration Inc.'s (TSE:HWX) 33% Undervaluation?

We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)

Jan 05
We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)

Headwater Exploration (TSE:HWX) Shareholders Will Want The ROCE Trajectory To Continue

Aug 04
Headwater Exploration (TSE:HWX) Shareholders Will Want The ROCE Trajectory To Continue

We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)

Apr 02
We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)

Shareholder Returns

HWXCA Oil and GasCA Market
7D-0.6%1.7%1.2%
1Y29.3%16.8%6.1%

Return vs Industry: HWX exceeded the Canadian Oil and Gas industry which returned 16.8% over the past year.

Return vs Market: HWX exceeded the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is HWX's price volatile compared to industry and market?
HWX volatility
HWX Average Weekly Movement3.3%
Oil and Gas Industry Average Movement6.8%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.1%

Stable Share Price: HWX has not had significant price volatility in the past 3 months.

Volatility Over Time: HWX's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199635Jason Jaskelawww.headwaterexp.com

Headwater Exploration Inc. engages in the exploration, development, and production of petroleum and natural gas in Canada. It holds interest in the Marten Hills area located in Alberta, and McCully Field area 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$1.86b
Earnings (TTM)CA$156.07m
Revenue (TTM)CA$425.55m

11.9x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HWX income statement (TTM)
RevenueCA$425.55m
Cost of RevenueCA$110.83m
Gross ProfitCA$314.71m
Other ExpensesCA$158.64m
EarningsCA$156.07m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.66
Gross Margin73.96%
Net Profit Margin36.68%
Debt/Equity Ratio0%

How did HWX perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

60%

Payout Ratio
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