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HWX Stock Chart & Stats
C$13.47
-C$0.39(-2.90%)
At close: 4:00 PM EDT
C$13.47
-C$0.39(-2.90%)
Day’s Range― - ―
52-Week RangeC$6.58 - C$14.35
Previous CloseN/A
Volume379.90K
Average Volume (3M)679.74K
Market Cap
C$3.35B
Enterprise ValueC$2.76K
Total Cash (Recent Filing)C$87.66M
Total Debt (Recent Filing)C$1.78M
Price to Earnings (P/E)18.2
Beta0.45
Next Earnings
Nov 05, 2026EPS Estimate
0.29Next Dividend Ex-DateN/A
Dividend Yield3.16%
Share Statistics
EPS (TTM)0.78
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$15.56Price Target Upside15.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)1.25
Revenue Forecast (FY)C$782.50M
Bulls Say, Bears Say
Bulls Say
Strong ProfitabilityHigh gross and net margins indicate that Headwater converts production into substantial earnings, providing internal funding capacity and a buffer against cost inflation or moderate commodity-price pressure over the medium term.
Exceptionally Low LeverageMinimal debt reduces interest obligations, refinancing risk, and financial strain during commodity downturns. The large equity base gives Headwater flexibility to maintain operations and fund development through weaker markets.
Strong Operating Cash FlowSubstantial operating cash generation demonstrates that the producing asset base can fund ongoing activities internally. This supports operational resilience and reduces dependence on external financing for near-term development.
Bears Say
Weak Free Cash Flow ConversionAlthough operating cash flow is strong, a relatively small portion becomes free cash flow after reinvestment and working-capital needs. This can limit distributions and constrain flexibility when development spending remains elevated.
Earnings And Margin VolatilityVolatile revenue and lower margins show that profitability is sensitive to operating and market conditions. Sustained normalization could reduce retained cash flow and make production growth less predictable over the next several quarters.
Commodity And Infrastructure ExposureHeadwater’s upstream model remains exposed to commodity-price cycles and Canadian takeaway conditions. Changes in benchmarks, differentials, royalties, or transportation access can structurally affect realized prices and asset-level cash generation.
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$14.35 in the past 12 months.
What is Headwater Exploration’s market cap?
Headwater Exploration’s market cap is C$3.35B.
When is Headwater Exploration’s upcoming earnings report date?
Headwater Exploration’s upcoming earnings report date is Nov 05, 2026 which is in 74 days.
How were Headwater Exploration’s earnings last quarter?
Headwater Exploration released its earnings results on Jul 23, 2026. The company reported C$0.36 earnings per share for the quarter, beating the consensus estimate of C$0.3 by C$0.06.
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 3.16%. See more information on Headwater Exploration dividends here
What is Headwater Exploration’s EPS estimate?
Headwater Exploration’s EPS estimate is 0.29.
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$0.36 in its last earnings report, beating expectations of C$0.3. Following the earnings report the stock price went up 1.278%.
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
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$15.56 (15.53% Upside)
C$15.56 (15.53% Upside)
Blogger Sentiment
Bullish
TSE:HWX Sentiment 100%
Sector Average 54%
Sector Average 54%
Technicals
SMA
Positive
20 days / 200 days
Momentum
64.25%
12-Months-Change
Fundamentals
Return on Equity
3.16%
Trailing 12-Months
Asset Growth
7.42%
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$15.56
▲(15.53% Upside)
Technical Analysis
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