Headwater Exploration Inc.

TSX:HWX Stock Report

Market Cap: CA$1.5b

Headwater Exploration Past Earnings Performance

Past criteria checks 5/6

Headwater Exploration has been growing earnings at an average annual rate of 53.7%, while the Oil and Gas industry saw earnings growing at 39.4% annually. Revenues have been growing at an average rate of 53% per year. Headwater Exploration's return on equity is 27%, and it has net margins of 37.7%.

Key information

53.7%

Earnings growth rate

50.6%

EPS growth rate

Oil and Gas Industry Growth42.1%
Revenue growth rate53.0%
Return on equity27.0%
Net Margin37.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Headwater Exploration (TSE:HWX) Is Due To Pay A Dividend Of CA$0.10

Nov 12
Headwater Exploration (TSE:HWX) Is Due To Pay A Dividend Of CA$0.10

We Ran A Stock Scan For Earnings Growth And Headwater Exploration (TSE:HWX) Passed With Ease

Oct 04
We Ran A Stock Scan For Earnings Growth And Headwater Exploration (TSE:HWX) Passed With Ease

Returns On Capital Are A Standout For Headwater Exploration (TSE:HWX)

Sep 07
Returns On Capital Are A Standout For Headwater Exploration (TSE:HWX)

Investors Aren't Entirely Convinced By Headwater Exploration Inc.'s (TSE:HWX) Earnings

Aug 05
Investors Aren't Entirely Convinced By Headwater Exploration Inc.'s (TSE:HWX) Earnings

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?

Revenue & Expenses Breakdown

How Headwater Exploration makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:HWX Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24490185180
30 Jun 24484187180
31 Mar 24449164170
31 Dec 23426156150
30 Sep 23409150140
30 Jun 23361132120
31 Mar 23360150120
31 Dec 22373162110
30 Sep 22340150100
30 Jun 2230714590
31 Mar 2224410180
31 Dec 211654670
30 Sep 211073560
30 Jun 2164750
31 Mar 2130150
31 Dec 209740
30 Sep 205-940
30 Jun 205-840
31 Mar 206-730
31 Dec 199330
30 Sep 1910730
30 Jun 1910730
31 Mar 1911-330
31 Dec 1816030
30 Sep 1816730
30 Jun 18161330
31 Mar 18142130
31 Dec 1771830
30 Sep 1771630
30 Jun 1791130
31 Mar 1711-2930
31 Dec 1613-2930
30 Sep 1615-7640
30 Jun 1613-7540
31 Mar 1612-3440
31 Dec 1516-3240
30 Sep 1517-2640
30 Jun 1519-2540
31 Mar 1521-1840
31 Dec 1422-1840
30 Sep 14223140
30 Jun 14233040
31 Mar 14242440
31 Dec 13212230

Quality Earnings: HWX has high quality earnings.

Growing Profit Margin: HWX's current net profit margins (37.7%) are higher than last year (36.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: HWX's earnings have grown significantly by 53.7% per year over the past 5 years.

Accelerating Growth: HWX's earnings growth over the past year (22.7%) is below its 5-year average (53.7% per year).

Earnings vs Industry: HWX earnings growth over the past year (22.7%) exceeded the Oil and Gas industry -20.2%.


Return on Equity

High ROE: HWX's Return on Equity (27%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 20:22
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Headwater Exploration Inc. is covered by 21 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Laique Ahmad Amir ArifATB Capital Markets
Patrick O'RourkeATB Capital Markets
Kuno RyckborstBeacon Securities Limited