Headwater Exploration (HWX) Stock Price, News & Analysis

Company Overview

Headwater Exploration Inc is an oil and gas exploration and development company. It is engaged in the exploration, development, and production of petroleum and natural gas onshore in McCully Field, New Brunswick and Marten Hills, Alberta. The firm generates substantial revenue from the sale of commodities which include crude oil, natural gas and natural gas liquids.

Key Stats

• Today's Range: C$7.17 to C$7.24
• 50-Day Range: C$6.61 to C$7.40
• 52-Week Range: C$4.75 to C$7.65
• Volume: 295,405 shs
• Average Volume: 663,143 shs
• Market Capitalization: C$1.72 billion
• P/E Ratio: 9.27
• Dividend Yield: 5.81%
• Price Target: C$8.17
• Consensus Rating: Buy

Headwater Exploration Stock Analysis - MarketRank™

Headwater Exploration scored higher than 49% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Headwater Exploration has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Headwater Exploration has a consensus price target of C$8.17, representing about 13.0% upside from its current price of C$7.23.

Amount of Analyst Coverage

Headwater Exploration has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Headwater Exploration is 9.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 268.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Headwater Exploration is 9.27, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 36.08.

Price to Earnings Growth Ratio

Headwater Exploration has a PEG Ratio of 0.83. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Headwater Exploration has a P/B Ratio of 2.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HWX.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Headwater Exploration is a leading dividend payer. It pays a dividend yield of 6.14%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Headwater Exploration does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Headwater Exploration is 53.85%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for HWX.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.14

News Sentiment

Headwater Exploration has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.87 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Headwater Exploration this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Headwater Exploration insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.08% of the stock of Headwater Exploration is held by insiders.

Percentage Held by Institutions

Only 38.95% of the stock of Headwater Exploration is held by institutions.

HWX Stock Analysis - Frequently Asked Questions

How have HWX shares performed this year?

Headwater Exploration's stock was trading at C$6.61 at the beginning of the year. Since then, HWX stock has increased by 9.4% and is now trading at C$7.23.

How do I buy shares of Headwater Exploration?

Shares of HWX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Headwater Exploration own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Headwater Exploration investors own include Peyto Exploration & Development (PEY), Tamarack Valley Energy (TVE), Whitecap Resources (WCP), Baytex Energy (BTE), Cenovus Energy (CVE), Tourmaline Oil (TOU) and ARC Resources (ARX).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: TSE:HWX
• CIK: N/A
• Web: www.headwaterexp.com
• Phone: 587 391 3682
• Fax: N/A
• Employees: 35
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Headwater Exploration: C$8.17
• High Price Target: C$9.00
• Low Price Target: C$7.00
• Potential Upside/Downside: +13.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.78
• Trailing P/E Ratio: 9.27
• Forward P/E Ratio: 11.48
• P/E Growth: 0.83
• Net Income: C$184.15 million
• Net Margins: 35.52%
• Pretax Margin: N/A
• Return on Equity: 28.63%
• Return on Assets: 17.83%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 1.54
• Quick Ratio: 2.07

Sales & Book Value

• Annual Sales: C$636.59 million
• Price / Sales: 2.70
• Cash Flow: C$0.90 per share
• Price / Cash Flow: 8.06
• Book Value: C$2.88 per share
• Price / Book: 2.51

Miscellaneous

• Outstanding Shares: 237,763,000
• Free Float: N/A
• Market Cap: C$1.72 billion
• Optionable: Not Optionable
• Beta: 0.79