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Headwater Exploration TSX:HWX Stock Report

Last Price

CA$6.33

Market Cap

CA$1.6b

7D

-4.2%

1Y

-13.2%

Updated

26 Sep, 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$6.33
52 Week HighCA$8.57
52 Week LowCA$5.88
Beta1.58
11 Month Change-7.46%
3 Month Change-12.69%
1 Year Change-13.17%
33 Year Change39.12%
5 Year Change859.09%
Change since IPO859.09%

Recent News & Updates

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

Recent updates

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?

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)

Shareholder Returns

HWXCA Oil and GasCA Market
7D-4.2%1.3%1.1%
1Y-13.2%6.0%20.6%

Return vs Industry: HWX underperformed the Canadian Oil and Gas industry which returned 6% over the past year.

Return vs Market: HWX underperformed the Canadian Market which returned 20.6% over the past year.

Price Volatility

Is HWX's price volatile compared to industry and market?
HWX volatility
HWX Average Weekly Movement3.5%
Oil and Gas Industry Average Movement7.1%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.0%
10% least volatile stocks in CA Market3.0%

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$1.56b
Earnings (TTM)CA$186.63m
Revenue (TTM)CA$484.24m

8.1x

P/E Ratio

3.1x

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

6.3%

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 dividend0 days
Days until Dividend pay date18 days

Does HWX pay a reliable dividends?

See HWX dividend history and benchmarks