Headwater Exploration (CDDRF)
OTHER OTC:CDDRF
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CDDRF Stock Chart & Stats
$8.44
-$0.02(-0.30%)
At close: 4:00 PM EST
$8.44
-$0.02(-0.30%)
Day’s Range― - ―
52-Week Range$4.26 - $10.09
Previous CloseN/A
Volume2.95K
Average Volume (3M)54.20K
Market Cap
$2.22B
Enterprise Value$2.97B
Total Cash (Recent Filing)$63.06M
Total Debt (Recent Filing)$2.05M
Price to Earnings (P/E)21.5
Beta0.37
Next Earnings
Jul 30, 2026EPS Estimate
0.1Next Dividend Ex-DateN/A
Dividend Yield4.62%
Share Statistics
EPS (TTM)0.58
Shares Outstanding237,762,880
10 Day Avg. Volume54,341
30 Day Avg. Volume54,202
Financial Highlights & Ratios
PEG Ratio-0.73
Price to Book (P/B)2.98
Price to Sales (P/S)4.33
P/FCF Ratio19.90
Enterprise Value/Market Cap1.34
Enterprise Value/Revenue5.16
Enterprise Value/Gross Profit10.20
Enterprise Value/Ebitda9.60
Forecast
1Y Price Target
$9.93Price Target Upside17.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)0.65
Revenue Forecast (FY)$534.82M
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetAn exceptionally low debt-to-equity (~0.02) gives Headwater strong financial flexibility and low interest burden. This conservative capital structure supports funding exploration and development through commodity cycles, reduces solvency risk, and enables opportunistic M&A or shareholder actions over the medium term.
High Profitability & ROEROE of ~21% and robust gross/net margins reflect efficient upstream operations and favorable asset quality. Durable margins support internal capital generation for reinvestment, sustain dividend capacity, and provide a buffer versus price swings, reinforcing long-term return potential.
Strong Operating Cash GenerationOperating cash flow approximately 2.3x net income indicates earnings are supported by real cash generation rather than accruals. Reliable operating cash underpins sustaining capex and working-capital needs, reduces reliance on external funding, and improves strategic flexibility over several quarters.
Bears Say
Cyclicality & Revenue CoolingRevenue and EPS softness versus 2024 and negative recent revenue growth (~-3.35%) highlight commodity and production cyclicality. Such variability can materially swing earnings and cash, complicating multi-quarter planning, capital allocation, and the predictability of returns for investors and management.
Uneven Free Cash Flow ConversionOnly ~34% FCF conversion and a decline versus prior year point to meaningful capex or working-capital swings. Persistent FCF variability constrains the company's ability to consistently fund growth, sustain distributions, or accelerate debt reduction without tapping external financing.
Concentrated Operations & Oil ExposureGeographic concentration in Alberta and an oil-weighted production profile raise exposure to regional regulatory change, infrastructure/transport limitations, and oil-price volatility. Limited geographic and product diversification increases operational and market risk, potentially amplifying earnings swings.
Headwater Exploration News
CDDRF FAQ
What was Headwater Exploration’s price range in the past 12 months?
Headwater Exploration lowest stock price was $4.26 and its highest was $10.09 in the past 12 months.
What is Headwater Exploration’s market cap?
Headwater Exploration’s market cap is $2.22B.
When is Headwater Exploration’s upcoming earnings report date?
Headwater Exploration’s upcoming earnings report date is Jul 30, 2026 which is in 83 days.
How were Headwater Exploration’s earnings last quarter?
Headwater Exploration released its earnings results on Apr 30, 2026. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.099 by $0.011.
Is Headwater Exploration overvalued?
According to Wall Street analysts Headwater Exploration’s price is currently Undervalued.
Does Headwater Exploration pay dividends?
Headwater Exploration pays a Quarterly dividend of $0.079 which represents an annual dividend yield of 4.62%. See more information on Headwater Exploration dividends here
What is Headwater Exploration’s EPS estimate?
Headwater Exploration’s EPS estimate is 0.1.
How many shares outstanding does Headwater Exploration have?
Headwater Exploration has 237,762,880 shares outstanding.
What happened to Headwater Exploration’s price movement after its last earnings report?
Headwater Exploration reported an EPS of $0.11 in its last earnings report, beating expectations of $0.099. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Headwater Exploration?
Currently, no hedge funds are holding shares in CDDRF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Headwater Exploration Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$9.93 (17.69% Upside)
$9.93 (17.69% Upside)
Blogger Sentiment
Bullish
CDDRF Sentiment 100%
Sector Average 73%
Sector Average 73%
Insider Transactions
Sold Shares
Worth $1.9M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
64.25%
12-Months-Change
Fundamentals
Return on Equity
20.71%
Trailing 12-Months
Asset Growth
9.60%
Trailing 12-Months
Company Description
Headwater Exploration
Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick. It holds interests in the McCully Field located to the northeast of Sussex, New Brunswick; the Clearwater play located in the Marten Hills, Alberta; and the Frederick Brook shale gas prospect 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. is headquartered in Calgary, Canada.
CDDRF Stock 12 Month Forecast
Average Price Target
$9.93
▲(17.69% Upside)
Technical Analysis
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Ownership Overview
4.60% Insiders
6.59% Mutual Funds
7.96% Other Institutional Investors
73.00% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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