Education
About Us
Working with TipRanks
Follow Us
Headwater Exploration (TSE:HWX)
TSX:HWX
HWX Stock Chart & Stats
C$11.97
<C$0.01(0.07%)
At close: 4:00 PM EST
C$11.97
<C$0.01(0.07%)
Day’s Range― - ―
52-Week RangeC$4.75 - C$12.22
Previous CloseN/A
Volume257.86K
Average Volume (3M)679.74K
Market Cap
C$2.84B
Enterprise ValueC$2.77B
Total Cash (Recent Filing)C$124.35M
Total Debt (Recent Filing)C$13.78M
Price to Earnings (P/E)16.4
Beta1.12
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.58%
Share Statistics
EPS (TTM)N/A
Shares Outstanding238,762,880
10 Day Avg. Volume621,858
30 Day Avg. Volume679,737
Financial Highlights & Ratios
PEG Ratio0.39
Price to Book (P/B)2.23
Price to Sales (P/S)2.52
P/FCF Ratio16.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$10.49Price Target Upside-12.33% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Very Low LeverageAn extremely low debt-to-equity ratio gives Headwater durable financial flexibility. Minimal leverage reduces bankruptcy risk, lowers interest burden, and preserves capacity to fund opportunistic acquisitions, sustain dividends, or withstand commodity downturns without heavy refinancing.
High Profitability And MarginsConsistently high EBIT and EBITDA margins indicate structurally efficient operations and low unit costs. This margin cushion supports cash generation in weaker cycles, funds reinvestment in core assets, and provides a competitive advantage in attractively priced basins over the medium term.
Strong Cash GenerationOperating cash flow well above net income shows high cash conversion from operations, providing a durable source of internal funding. Strong OCF supports maintenance capex and distributions, reduces reliance on capital markets, and underpins operational resilience across cycles.
Bears Say
Large Recent Revenue DeclineA dramatic fall in reported revenue materially reduces scale and operational leverage, potentially reflecting production declines or asset sales. Sustained revenue contraction erodes margins over time, limits reinvestment capacity, and increases sensitivity to fixed costs and execution risk.
Negative Free Cash Flow GrowthDeclining free cash flow growth suggests limited expansionary or discretionary funding capacity over the medium term. If this trend persists it can constrain capital allocation choices, limit funding for development projects, and pressure dividend sustainability or debt reduction priorities.
High Commodity Price SensitivityRevenue and earnings are structurally exposed to oil and gas price volatility. This cyclical dependence makes cash flows and investment plans less predictable, necessitating hedging or large liquidity buffers and increasing business risk across 2–6 month horizons and beyond.
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$12.22 in the past 12 months.
What is Headwater Exploration’s market cap?
Headwater Exploration’s market cap is C$2.84B.
When is Headwater Exploration’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Headwater Exploration’s earnings last quarter?
Currently, no data Available
Is Headwater Exploration overvalued?
According to Wall Street analysts Headwater Exploration’s price is currently Overvalued.
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 for its next earnings report is not yet available.
How many shares outstanding does Headwater Exploration have?
Headwater Exploration has 238,762,880 shares outstanding.
What happened to Headwater Exploration’s price movement after its last earnings report?
Currently, no data Available
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$10.49 (-12.33% Downside)
C$10.49 (-12.33% Downside)
Insider Transactions
Sold Shares
Worth $7.8M 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
23.55%
Trailing 12-Months
Asset Growth
4.15%
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$10.49
▼(-12.33% Downside)
Technical Analysis
Advantage Energy
―
Vermilion Energy
―
Birchcliff Energy
―
Freehold Royalties
―
Parex Resources
―
Options Prices
Currently, No data available
---