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Headwater Exploration (TSE:HWX)
TSX:HWX
RESEARCH TOOLSreports
Headwater Exploration (HWX) Stock Price & Analysis
137 Followers
HWX Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$5.58 - C$8.57
Previous CloseC$7.12
Volume222.85K
Average Volume (3M)710.10K
Market Cap
C$1.73B
Enterprise ValueC$1.56B
Total Cash (Recent Filing)C$126.58M
Total Debt (Recent Filing)C$888.00K
Price to Earnings (P/E)10.3
Beta1.38
Next Earnings
Aug 01, 2024EPS Estimate
C$0.18Next Dividend Ex-Date
Jun 28, 2024Dividend Yield5.72%
Share Statistics
EPS (TTM)0.69
Shares Outstanding236,673,373
10 Day Avg. Volume609,942
30 Day Avg. Volume710,100
Standard Deviation0.16
R-Squared0.19
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)2.69
Price to Sales (P/S)3.31
Price to Cash Flow (P/CF)7.70
P/FCF Ratio46.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$10.01Price Target Upside36.59% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Headwater Exploration News
PremiumCompany Announcements
Headwater Exploration Shareholders Elect Directors
PremiumCompany Announcements
Headwater Exploration Posts Robust Q1 Growth
PremiumCompany Announcements
Headwater Exploration Maintains Steady Production
Bulls Say, Bears Say
Bulls Say
Exploration PotentialPromising exploration prospects are on the horizon, both within the Clearwater fairway and in new areas.
Financial StabilityThe company's budget and dividends show resilience, being fully funded by cash flow with oil at US$70 per barrel.
Growth PotentialThe company is positioned to deliver significant growth, with projections indicating an 11% increase.
Bears Say
Budget And GuidanceThe company's 2024 budget falling short of expectations could signal cautious management outlook, potentially impacting investor confidence.
Capital ExpenditureLower than expected capital expenditure points to restrained investment in growth or maintenance, possibly leading to future operational challenges.
Dividend ConcernsRecent declines in oil prices may suggest a hesitation to increase dividends, affecting the stock's appeal to income-focused investors.
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Options Prices
Currently, No data available
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Ownership Overview
25.16% Insiders
4.90% Mutual Funds
10.83% Other Institutional Investors
59.11% Public Companies and
Individual Investors
HWX FAQ
What was Headwater Exploration’s price range in the past 12 months?
Headwater Exploration lowest stock price was C$5.58 and its highest was C$8.57 in the past 12 months.
What is Headwater Exploration’s market cap?
Currently, no data Available
When is Headwater Exploration’s upcoming earnings report date?
Headwater Exploration’s upcoming earnings report date is Aug 01, 2024 which is in 52 days.
How were Headwater Exploration’s earnings last quarter?
Headwater Exploration released its earnings results on May 09, 2024. The company reported C$0.16 earnings per share for the quarter, beating the consensus estimate of C$0.156 by C$0.004.
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$0.1 which represents an annual dividend yield of 5.72%. See more information on Headwater Exploration dividends here
What is Headwater Exploration’s EPS estimate?
Headwater Exploration’s EPS estimate is C$0.18.
How many shares outstanding does Headwater Exploration have?
Headwater Exploration has 236,673,370 shares outstanding.
What happened to Headwater Exploration’s price movement after its last earnings report?
Headwater Exploration reported an EPS of C$0.16 in its last earnings report, beating expectations of C$0.156. Following the earnings report the stock price went up 0.394%.
Which hedge fund is a major shareholder of Headwater Exploration?
Currently, no hedge funds are holding shares in TSE:HWX
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Headwater Exploration Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
C$10.01 (36.59% Upside)
C$10.01 (36.59% Upside)
Blogger Sentiment
Bullish
TSE:HWX Sentiment 100%
Sector Average 72%
Sector Average 72%
Insider Transactions
Sold Shares
Worth $16.1M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.49%
12-Months-Change
Fundamentals
Return on Equity
27.91%
Trailing 12-Months
Asset Growth
15.52%
Trailing 12-Months
Company Description
Headwater Exploration
Corridor Resources, Inc. engages in the exploration, development, and production of petroleum and natural gas. The firm has offices in Halifax and Calgary, and a field office in Penobsquis (near Sussex), New Brunswick where Corridor produces natural gas to Canadian and U.S. markets. Its portfolio includes McCully Field, Frederick Brook Shale, and New Brunswick The company was founded by Norman W. Miller, Paul J. Hopkins, and Charles M. MacDonald in March 1995 and is headquartered in Halifax, Canada.
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HWX Stock 12 Month Forecast
Average Price Target
C$10.01
▲(36.59% Upside)
Technical Analysis
Best Analysts Covering HWX
1 Year
1 Year Success Rate
13/18 ratings generated profit
1 Year Average Return
+11.54%
reiterated a buy rating last month
Copying Cody Kwong's trades and holding each position for 1 Year would result in 72.22% of your transactions generating a profit, with an average return of +11.54% per trade.
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