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Headwater Exploration (CDDRF)
OTHER OTC:CDDRF
RESEARCH TOOLSreports
Headwater Exploration (CDDRF) Stock Price & Analysis
108 Followers
CDDRF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.92 - $6.26
Previous Close$5.64
Volume7.01K
Average Volume (3M)26.71K
Market Cap
$1.33B
Enterprise Value$1.22B
Total Cash (Recent Filing)C$146.05M
Total Debt (Recent Filing)C$842.00K
Price to Earnings (P/E)11.5
Beta0.92
Next Earnings
May 09, 2024EPS Estimate
$0.16Last Dividend Ex-Date
Mar 27, 2024Dividend Yield5.26%
Share Statistics
EPS (TTM)0.49
Shares Outstanding236,673,373
10 Day Avg. Volume7,399
30 Day Avg. Volume26,714
Standard Deviation0.18
R-Squared0.14
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)2.99
Price to Sales (P/S)2.61
Price to Cash Flow (P/CF)5.00
P/FCF Ratio8.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$6.84Price Target Upside21.38% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Headwater Exploration News
PremiumCompany Announcements
Headwater Exploration Maintains Steady Production
PremiumCompany Announcements
Headwater Exploration Inc.: Strong 2023 Financial Results
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
25.19% Insiders
6.64% Mutual Funds
10.79% Other Institutional Investors
57.37% Public Companies and
Individual Investors
CDDRF FAQ
What was Headwater Exploration’s price range in the past 12 months?
Headwater Exploration lowest stock price was $3.92 and its highest was $6.26 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 May 09, 2024 which is in 16 days.
How were Headwater Exploration’s earnings last quarter?
Headwater Exploration released its earnings results on Mar 07, 2024. The company reported $0.138 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.007.
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 $0.07 which represents an annual dividend yield of 5.26%. See more information on Headwater Exploration dividends here
What is Headwater Exploration’s EPS estimate?
Headwater Exploration’s EPS estimate is $0.16.
How many shares outstanding does Headwater Exploration have?
Headwater Exploration has 236,384,110 shares outstanding.
What happened to Headwater Exploration’s price movement after its last earnings report?
Headwater Exploration reported an EPS of $0.138 in its last earnings report, beating expectations of $0.13. Following the earnings report the stock price went down -1.158%.
Which hedge fund is a major shareholder of Headwater Exploration?
Currently, no hedge funds are holding shares in CDDRF
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Headwater Exploration Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$6.84 (21.38% Upside)
$6.84 (21.38% Upside)
Blogger Sentiment
Bullish
CDDRF Sentiment 100%
Sector Average 72%
Sector Average 72%
Insider Transactions
Sold Shares
Worth $15.6M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.41%
12-Months-Change
Fundamentals
Return on Equity
26.77%
Trailing 12-Months
Asset Growth
16.96%
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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CDDRF Stock 12 Months Forecast
Average Price Target
$6.84
▲(21.38% Upside)
Technical Analysis
Best Analysts Covering CDDRF
1 Year
1 Year Success Rate
13/17 ratings generated profit
1 Year Average Return
+15.02%
reiterated a buy rating 19 days ago
Copying Cody Kwong's trades and holding each position for 1 Year would result in 76.47% of your transactions generating a profit, with an average return of +15.02% per trade.
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