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Headwater Exploration (TSE:HWX)
TSX:HWX
HWX Stock Chart & Stats
C$12.95
<C$0.01(0.07%)
At close: 4:00 PM EST
C$12.95
<C$0.01(0.07%)
Day’s Range― - ―
52-Week RangeC$4.75 - C$13.29
Previous CloseN/A
Volume257.86K
Average Volume (3M)679.74K
Market Cap
$3.08B
Enterprise ValueC$3.00B
Total Cash (Recent Filing)$102.00M
Total Debt (Recent Filing)$14.04M
Price to Earnings (P/E)14.5
Beta1.08
Next Earnings
May 07, 2026EPS Estimate
0.11Next Dividend Ex-DateN/A
Dividend Yield4.58%
Share Statistics
EPS (TTM)0.12
Shares Outstanding237,762,880
10 Day Avg. Volume621,858
30 Day Avg. Volume679,737
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 Cap0.98
Enterprise Value/Revenue5.28
Enterprise Value/Gross Profit10.69
Enterprise Value/Ebitda9.05
Forecast
1Y Price Target
$13.23Price Target Upside2.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.56
Revenue Forecast (FY)$578.13M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthExtremely low leverage provides durable financial flexibility through commodity cycles. With minimal debt the company can fund operations, absorb price shocks, maintain capital programs or pursue opportunistic M&A without refinancing risk, materially lowering long-term insolvency risk.
High ProfitabilitySustained high margins and strong ROE reflect efficient operations and attractive returns on invested capital versus peers. Durable profitability supports internal funding for reinvestment, bolsters resilience to moderate price declines, and enables consistent allocation to growth or returns.
Solid Cash GenerationOperating cash significantly exceeding accounting earnings signals real cash-generative operations. Improving positive free cash flow enhances the company's ability to fund sustaining/growth capex, service obligations and consider shareholder returns, providing a durable internal funding base.
Bears Say
Revenue CyclicalityTop-line volatility driven by commodity exposures creates persistent forecasting and allocation challenges. A meaningful 2025 revenue drop highlights earnings sensitivity to oil/gas prices, complicating capital planning and making cash flows less predictable across a 2–6 month horizon and beyond.
Limited Free Cash Flow ShareFCF materially below net income indicates significant reinvestment and capital intensity. This constrains discretionary uses of cash (dividends, buybacks, acquisitions) and leaves less buffer for downturns, meaning growth or returns depend on maintaining favorable commodity conditions.
Concentration RiskGeographic and product concentration ties performance to Alberta-specific pipelines, regional regulations and oil price swings. Limited asset diversification and a small operational scale increase exposure to local operational disruptions and regulatory shifts, amplifying structural risk.
Headwater Exploration News
HWX FAQ
What was Headwater Exploration’s price range in the past 12 months?
Headwater Exploration lowest stock price was C$4.75 and its highest was C$13.29 in the past 12 months.
What is Headwater Exploration’s market cap?
Headwater Exploration’s market cap is $3.08B.
When is Headwater Exploration’s upcoming earnings report date?
Headwater Exploration’s upcoming earnings report date is May 07, 2026 which is in 48 days.
How were Headwater Exploration’s earnings last quarter?
Headwater Exploration released its earnings results on Mar 05, 2026. The company reported C$0.12 earnings per share for the quarter, missing the consensus estimate of C$0.13 by -C$0.01.
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 C$0.11 which represents an annual dividend yield of 4.58%. See more information on Headwater Exploration dividends here
What is Headwater Exploration’s EPS estimate?
Headwater Exploration’s EPS estimate is 0.11.
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 C$0.12 in its last earnings report, missing expectations of C$0.13. Following the earnings report the stock price went down -1.522%.
Which hedge fund is a major shareholder of Headwater Exploration?
Currently, no hedge funds are holding shares in TSE:HWX
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
Underperform
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7
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$13.23 (2.13% Upside)
$13.23 (2.13% Upside)
Blogger Sentiment
Bullish
TSE:HWX Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $7.5M 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.
HWX Stock 12 Month Forecast
Average Price Target
C$13.23
▲(2.13% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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