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Headwater Exploration TSX:HWX Stock Report

Last Price

CA$6.57

Market Cap

CA$1.6b

7D

-2.7%

1Y

-12.3%

Updated

11 Aug, 2024

Data

Company Financials +

Headwater Exploration Inc.

TSX:HWX Stock Report

Market Cap: CA$1.6b

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$6.57
52 Week HighCA$8.57
52 Week LowCA$5.88
Beta1.58
11 Month Change-10.37%
3 Month Change-15.12%
1 Year Change-12.28%
33 Year Change71.09%
5 Year Change942.86%
Change since IPO895.45%

Recent News & Updates

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

Recent updates

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?

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

Shareholder Returns

HWXCA Oil and GasCA Market
7D-2.7%2.4%-0.4%
1Y-12.3%10.2%8.0%

Return vs Industry: HWX underperformed the Canadian Oil and Gas industry which returned 10.1% over the past year.

Return vs Market: HWX underperformed the Canadian Market which returned 8% over the past year.

Price Volatility

Is HWX's price volatile compared to industry and market?
HWX volatility
HWX Average Weekly Movement4.1%
Oil and Gas Industry Average Movement6.9%
Market Average Movement7.9%
10% most volatile stocks in CA Market16.7%
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 (4%) 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$1.56b
Earnings (TTM)CA$186.63m
Revenue (TTM)CA$484.24m

8.4x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HWX income statement (TTM)
RevenueCA$484.24m
Cost of RevenueCA$115.21m
Gross ProfitCA$369.03m
Other ExpensesCA$182.40m
EarningsCA$186.63m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.79
Gross Margin76.21%
Net Profit Margin38.54%
Debt/Equity Ratio0%

How did HWX perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

51%

Payout Ratio

Does HWX pay a reliable dividends?

See HWX dividend history and benchmarks
When do you need to buy HWX by to receive an upcoming dividend?
Headwater Exploration dividend dates
Ex Dividend DateSep 27 2024
Dividend Pay DateOct 15 2024
Days until Ex dividend47 days
Days until Dividend pay date65 days

Does HWX pay a reliable dividends?

See HWX dividend history and benchmarks
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