Headwater Exploration Past Earnings Performance
Past criteria checks 2/6
Headwater Exploration has been growing earnings at an average annual rate of 65.6%, while the Oil and Gas industry saw earnings growing at 40.5% annually. Revenues have been growing at an average rate of 64% per year. Headwater Exploration's return on equity is 25.6%, and it has net margins of 36.7%.
Key information
65.6%
Earnings growth rate
60.9%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | 64.0% |
| Return on equity | 25.6% |
| Net Margin | 36.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
With EPS Growth And More, Headwater Exploration (TSE:HWX) Makes An Interesting Case
Jul 06
Headwater Exploration (TSE:HWX) Is Doing The Right Things To Multiply Its Share Price
Apr 20Is There An Opportunity With Headwater Exploration Inc.'s (TSE:HWX) 33% Undervaluation?
Apr 05We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)
Jan 05Headwater Exploration (TSE:HWX) Shareholders Will Want The ROCE Trajectory To Continue
Aug 04We Like These Underlying Return On Capital Trends At Headwater Exploration (TSE:HWX)
Apr 02Revenue & Expenses BreakdownBeta
How Headwater Exploration makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 426 | 156 | 15 | 0 |
| 30 Sep 23 | 419 | 150 | 14 | 0 |
| 30 Jun 23 | 370 | 132 | 12 | 0 |
| 31 Mar 23 | 360 | 150 | 12 | 0 |
| 31 Dec 22 | 373 | 162 | 11 | 0 |
| 30 Sep 22 | 340 | 150 | 10 | 0 |
| 30 Jun 22 | 307 | 145 | 9 | 0 |
| 31 Mar 22 | 244 | 101 | 8 | 0 |
| 31 Dec 21 | 165 | 46 | 7 | 0 |
| 30 Sep 21 | 107 | 35 | 6 | 0 |
| 30 Jun 21 | 64 | 7 | 5 | 0 |
| 31 Mar 21 | 30 | 1 | 5 | 0 |
| 31 Dec 20 | 9 | 7 | 4 | 0 |
| 30 Sep 20 | 5 | -9 | 4 | 0 |
| 30 Jun 20 | 5 | -8 | 4 | 0 |
| 31 Mar 20 | 6 | -7 | 3 | 0 |
| 31 Dec 19 | 9 | 3 | 3 | 0 |
| 30 Sep 19 | 10 | 7 | 3 | 0 |
| 30 Jun 19 | 10 | 7 | 3 | 0 |
| 31 Mar 19 | 11 | -3 | 3 | 0 |
| 31 Dec 18 | 16 | 0 | 3 | 0 |
| 30 Sep 18 | 16 | 7 | 3 | 0 |
| 30 Jun 18 | 16 | 13 | 3 | 0 |
| 31 Mar 18 | 14 | 21 | 3 | 0 |
| 31 Dec 17 | 7 | 18 | 3 | 0 |
| 30 Sep 17 | 7 | 16 | 3 | 0 |
| 30 Jun 17 | 9 | 11 | 3 | 0 |
| 31 Mar 17 | 11 | -29 | 3 | 0 |
| 31 Dec 16 | 13 | -29 | 3 | 0 |
| 30 Sep 16 | 15 | -76 | 4 | 0 |
| 30 Jun 16 | 13 | -75 | 4 | 0 |
| 31 Mar 16 | 12 | -34 | 4 | 0 |
| 31 Dec 15 | 16 | -32 | 4 | 0 |
| 30 Sep 15 | 17 | -26 | 4 | 0 |
| 30 Jun 15 | 19 | -25 | 4 | 0 |
| 31 Mar 15 | 21 | -18 | 4 | 0 |
| 31 Dec 14 | 22 | -18 | 4 | 0 |
| 30 Sep 14 | 22 | 31 | 4 | 0 |
| 30 Jun 14 | 23 | 30 | 4 | 0 |
| 31 Mar 14 | 24 | 24 | 4 | 0 |
| 31 Dec 13 | 21 | 22 | 3 | 0 |
| 30 Sep 13 | 20 | -40 | 3 | 0 |
| 30 Jun 13 | 20 | -41 | 3 | 0 |
Quality Earnings: HWX has a high level of non-cash earnings.
Growing Profit Margin: HWX's current net profit margins (36.7%) are lower than last year (43.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HWX has become profitable over the past 5 years, growing earnings by 65.6% per year.
Accelerating Growth: HWX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HWX had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (-37.9%).
Return on Equity
High ROE: HWX's Return on Equity (25.6%) is considered high.