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HWX Stock Chart & Stats
C$11.53
<C$0.01(0.07%)
At close: 4:00 PM EST
C$11.53
<C$0.01(0.07%)
Day’s Range― - ―
52-Week RangeC$6.58 - C$13.82
Previous CloseN/A
Volume257.86K
Average Volume (3M)679.74K
Market Cap
C$2.81B
Enterprise ValueC$2.88B
Total Cash (Recent Filing)C$63.06M
Total Debt (Recent Filing)C$2.05M
Price to Earnings (P/E)20.4
Beta0.60
Next Earnings
Jul 30, 2026EPS Estimate
0.3Next Dividend Ex-DateN/A
Dividend Yield4.58%
Share Statistics
EPS (TTM)0.58
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$14.00Price Target Upside21.42% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)1.28
Revenue Forecast (FY)C$729.48M
Bulls Say, Bears Say
Bulls Say
Very Low LeverageExtremely low leverage provides durable financial flexibility: supports capital spending, cushions commodity downturns, lowers refinancing risk, and enables opportunistic M&A or dividends without materially increasing default risk. This structural conservatism helps preserve value across cycles.
Strong Margins & ROEHigh gross and net margins alongside ~21% ROE indicate strong operational efficiency and capital allocation. These durable profitability metrics suggest the business can convert production into cash and returns, supporting reinvestment and shareholder distributions over multiple commodity cycles.
Robust Operating Cash GenerationOperating cash flow materially exceeds accounting earnings, signalling high-quality earnings and internal funding capacity. The multi-year improvement in free cash flow since 2021 supports sustainable reinvestment and lowers reliance on external financing, aiding long-term project funding and resilience.
Bears Say
Revenue & EPS WeaknessDeclining revenue and sharply negative EPS growth reflect normalization from prior peaks or operational/realization pressure. Persistent top-line and earnings deterioration can erode reinvestment capacity, reduce coverage for dividends, and lengthen recovery time after commodity downturns.
Uneven Free Cash FlowLow and volatile FCF conversion limits predictable funding for growth and distributions. Periodic declines force trade-offs between capex, debt reduction, and shareholder returns, increasing reliance on the balance sheet or external capital during weaker commodity periods despite strong operating cash.
Cyclicality & Commodity ExposureAs an upstream oil producer, Headwater is structurally exposed to oil price swings, regional takeaway limits, and regulatory/royalty regimes. These persistent external dependencies create durable earnings volatility and can impair long-term planning, even with a strong balance sheet.
Headwater Exploration News
HWX FAQ
What was Headwater Exploration’s price range in the past 12 months?
Headwater Exploration lowest stock price was C$6.58 and its highest was C$13.82 in the past 12 months.
What is Headwater Exploration’s market cap?
Headwater Exploration’s market cap is C$2.81B.
When is Headwater Exploration’s upcoming earnings report date?
Headwater Exploration’s upcoming earnings report date is Jul 30, 2026 which is in 25 days.
How were Headwater Exploration’s earnings last quarter?
Headwater Exploration released its earnings results on Apr 30, 2026. The company reported C$0.15 earnings per share for the quarter, beating the consensus estimate of C$0.135 by C$0.015.
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$0.12 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 0.3.
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$0.15 in its last earnings report, beating expectations of C$0.135. Following the earnings report the stock price went up 0.226%.
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
Neutral
1
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10
Analyst Consensus
Hold
Average Price Target:
C$14.00 (21.42% Upside)
C$14.00 (21.42% Upside)
Blogger Sentiment
Bullish
TSE:HWX Sentiment 100%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth C$1.2M 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
18.54%
Trailing 12-Months
Asset Growth
9.77%
Trailing 12-Months
Company Description
Headwater Exploration
Headwater Exploration Inc. is a smaller-scale resource firm primarily focused on discovering, developing, and extracting petroleum and natural gas. Its activities are concentrated within the Western Canadian Sedimentary Basin and onshore regions of New Brunswick. The company holds ownership stakes in several key projects, including the McCully Field, situated northeast of Sussex, New Brunswick; the Clearwater play in Alberta's Marten Hills area; and the Frederick Brook shale gas prospect, also located in New Brunswick. The company was formerly called Corridor Resources Inc. before officially changing its name to Headwater Exploration Inc. in March 2020. Its main corporate office is based in Calgary, Canada.
HWX Stock 12 Month Forecast
Average Price Target
C$14.00
▲(21.42% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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