FY2026 EPS Estimate for Headwater Exploration Cut by Analyst

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 research analysts at Atb Cap Markets dropped their FY2026 earnings estimates for Headwater Exploration in a report issued on Tuesday, September 9th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.53 per share for the year, down from their prior estimate 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

HWX stock traded down C$0.01 during midday trading on Wednesday, reaching C$7.22. 319,764 shares of the company's stock traded hands, compared to its average volume of 661,157. Headwater Exploration has a 52-week low of C$4.75 and a 52-week high of C$7.65. The stock has a market cap of C$1.72 billion, a P/E ratio of 9.26, a PEG ratio of 0.83 and a beta of 0.79. The company has a current ratio of 1.54, a quick ratio of 2.07 and a debt-to-equity ratio of 0.12. The stock's 50-day moving average is C$6.96 and its 200 day moving average is C$6.47.

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.