Headwater Exploration (CDDRF) Stock Price, News & Analysis

Company Overview

Headwater Exploration Inc. is a Canadian oil and natural gas exploration and production company focused primarily on developing light-oil resources in Alberta. The company’s activities include acquiring petroleum properties, drilling and completing wells, and producing and selling crude oil and natural gas.

Headwater’s operations are concentrated in the Clearwater oil play in central Alberta, including the Marten Hills area. Its development strategy emphasizes the application of horizontal drilling and multistage hydraulic fracturing to develop relatively shallow, oil-bearing formations and build repeatable production from established land positions.

The company was established in 2017 and has expanded its Alberta portfolio through acquisitions and ongoing drilling and development programs. Headwater Exploration is headquartered in Calgary, Alberta, and its shares trade on the Toronto Stock Exchange under the symbol HWX, with an over-the-counter listing under the symbol CDDRF.

Key Stats

• Today's Range: $9.64 to $9.73
• 50-Day Range: $8.99 to $10.52
• 52-Week Range: $4.84 to $10.58
• Volume: 21,863 shs
• Average Volume: 101,988 shs
• Market Capitalization: N/A
• P/E Ratio: 28.43
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Moderate Buy

Headwater Exploration Stock Analysis - MarketRank™

Headwater Exploration scored higher than 14% 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: 1.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Headwater Exploration has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on no strong buy ratings, 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Headwater Exploration has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Headwater Exploration is 28.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.89.

Price to Earnings Ratio vs. Sector

The P/E ratio of Headwater Exploration is 28.43, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 20.36.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Headwater Exploration has a short interest ratio ("days to cover") of 5.24.

Change versus previous month

Short interest in Headwater Exploration has recently increased by 9.80%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Headwater Exploration does not currently pay a dividend.

Dividend Growth

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

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 0.6 / 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 Institutions

47.91% of the stock of Headwater Exploration is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Today: 10/09/2026
• Next Earnings (Estimated): 10/29/2026

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: OTCMKTS:CDDRF
• CIK: N/A
• Web: www.headwaterexp.com
• Phone: (587) 391-3680
• Fax: N/A
• Employees: 35
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 28.43
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A