HWX Headwater Exploration Inc.

TSX · CA · Energy · Oil & Gas E&P · headwaterexp.com

13.66CAD+0.44%Mkt Cap: 2.37B $P/E: 17.511d ago

Headwater Exploration Inc. engages in the exploration, development, and production of petroleum and natural gas resources in Canada. It holds interest in the Marten Hills area located in Alberta; and the McCully Field ar…

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Key Statistics

Company

Market Cap2.37B USD

Enterprise Value2.29B USD

Revenue (TTM)431.13M USD

Gross Profit237.35M USD

Net Income (TTM)111.57M USD

Revenue/Share2.49 CAD

Last Price13.66 CAD

Fiscal Year EndDec 2025

MR QuarterJun 2026

Employees39

CountryCA

SectorEnergy

IndustryOil & Gas E&P

ISIN—

Valuation

P/E (Trailing)17.51

P/E (Forward)20.61

PEG—

EV/EBITDA8.65

EV/Revenue5.32

P/S5.46

P/B3.97

EPS (TTM)0.78

EPS (Forward)0.66

52W Range

6.80087% of range14.71

52W High14.71 CAD

52W Low6.800 CAD

Profitability

Gross Margin52.71%

Oper. Margin58.90%

EBITDA Margin61.46%

Profit Margin24.78%

ROE20.48%

ROA15.40%

Growth

Revenue Growth58.20%

Earnings Growth124.60%

Cash Flow & Leverage

Operating CF216.39M USD

CapEx (TTM)166.25M USD

FCF Margin11.00%

FCF Yield2.01%

Net Debt-62.54M USD

Net Debt/EBITDA-0.24

Balance Sheet

Debt/Equity0.00

Current Ratio1.07

Quick Ratio1.01

Book Value/Sh3.42 CAD

Cash/Share0.37 CAD

Dividends

Fwd Div Rate0.48 CAD

Trail. Div Rate0.45 CAD

Div. Yield3.53%

5Y Avg Yield—

Payout Ratio57.69%

Ex-Div DateSep 29, 2026

Pay DateOct 15, 2026

Analyst Consensus

Rating—

Target (Mean)15.32 CAD

Upside (mean)+12.2%

Target Range13.50 CAD – 17.25 CAD

13.50+12.2% to mean17.25

# Analysts7

Ownership

Shares Out.237.76M

Float222.98M

Insiders4.61%

Institutions42.89%

Short Interest

Short Ratio5.0d

Short % Out.2.30%

Shares Short5.48M

Short (prev mo.)4.03M

Technical

SMA 5013.65 (+0.0%)

SMA 20012.36 (+10.5%)

Beta1.04

S&P 52W Chg14.58%

Avg Vol (30d)1.11M

Avg Vol (10d)888.23K

Technical Indicators

RSI (14)50.9

MACD-0.0396

MACD Signal0.0078

MACD Hist.-0.0474

BB Upper14.48 CAD

BB Middle13.73 CAD

BB Lower12.98 CAD

BB Width10.92%

ATR (14)0.4403 CAD

Vol Ratio (20d)0.40x