TSE:HWX FY2026 EPS Estimate Lowered by Atb Cap Markets

Key Points

• Atb Cap Markets has lowered its FY2026 earnings per share estimate for Headwater Exploration from $0.54 to $0.53, while the consensus estimate remains at $0.63 per share.
• The company also forecasts FY2027 earnings at $0.47 EPS, indicating a continued downward adjustment in earnings expectations.
• Headwater Exploration's stock opened at C$6.90, currently holding a market cap of C$1.64 billion and a price-to-earnings ratio of 8.85.

Headwater Exploration Inc. (TSE:HWX - Free Report) - Equities researchers at Atb Cap Markets dropped their FY2026 EPS estimates for shares of Headwater Exploration in a note issued to investors on Tuesday, September 9th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $0.53 for the year, down from their prior forecast of $0.54. The consensus estimate for Headwater Exploration's current full-year earnings is $0.63 per share. Atb Cap Markets also issued estimates for Headwater Exploration's FY2027 earnings at $0.47 EPS.

Headwater Exploration Stock Performance

Shares of TSE HWX traded up C$0.07 during midday trading on Wednesday, reaching C$7.23. 295,405 shares of the stock were exchanged, compared to its average volume of 663,143. The firm has a market cap of C$1.72 billion, a price-to-earnings ratio of 9.27, a PEG ratio of 0.83 and a beta of 0.79. Headwater Exploration has a twelve month low of C$4.75 and a twelve month high of C$7.65. The firm has a 50-day simple moving average of C$6.96 and a two-hundred day simple moving average of C$6.47. The company has a quick ratio of 2.07, a current ratio of 1.54 and a debt-to-equity ratio of 0.12.

About Headwater Exploration

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.