TSE:HWX Headwater Exploration (HWX) Stock Forecast, Price & News C$7.24 +0.10 (+1.40%) (As of 09/25/2023 ET) Add Compare Share Share Today's RangeC$7.09▼C$7.2950-Day RangeC$6.80▼C$7.6252-Week RangeC$5.03▼C$7.88Volume301,211 shsAverage Volume721,847 shsMarket CapitalizationC$1.71 billionP/E Ratio12.93Dividend Yield5.52%Price TargetC$9.21 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Headwater Exploration MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside27.2% UpsideC$9.21 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling SharesC$148,000 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.67 out of 5 stars 3.3 Analyst's Opinion Consensus RatingHeadwater Exploration has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$9.21, Headwater Exploration has a forecasted upside of 27.2% from its current price of C$7.24.Amount of Analyst CoverageHeadwater Exploration has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for HWX. Previous Next 2.5 Dividend Strength Dividend LeadershipHeadwater Exploration is a leading dividend payer. It pays a dividend yield of 5.56%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHeadwater Exploration does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Headwater Exploration is 71.43%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HWX. Previous Next 1.3 News and Social Media Coverage News SentimentHeadwater Exploration has a news sentiment score of -0.60. 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 0.50 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Headwater Exploration this week, compared to 0 articles on an average week.Search InterestOnly 5 people have searched for HWX on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat Follows5 people have added Headwater Exploration to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Headwater Exploration insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$148,000.00 in company stock.Percentage Held by Insiders26.01% of the stock of Headwater Exploration is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 37.93% of the stock of Headwater Exploration is held by institutions. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Headwater Exploration is 12.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Headwater Exploration is 12.93, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 115.25.Price to Earnings Growth RatioHeadwater 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 RatioHeadwater Exploration has a P/B Ratio of 3.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Headwater Exploration (TSE:HWX) StockHeadwater Exploration Inc. engages in the exploration, development, and production of petroleum and natural gas in Canada. It holds interest in the Marten Hills area located in Alberta; and McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc. and changed its name to Headwater Exploration Inc. in March 2020. Headwater Exploration Inc. incorporated in 1996 and is headquartered in Calgary, Canada.Read More HWX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HWX Stock News HeadlinesSeptember 19, 2023 | americanbankingnews.comHeadwater Exploration (TSE:HWX) Price Target Cut to C$9.00 by Analysts at DesjardinsSeptember 1, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc flat on Thursday (HWX)September 26, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.July 17, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc flat on Monday (HWX)June 16, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc down on Friday (HWX)June 13, 2023 | finance.yahoo.comHWX.TO - Headwater Exploration Inc.June 9, 2023 | msn.comHeadwater Exploration: Discoveries Ensure Healthy FutureJune 2, 2023 | msn.comHeadwater Exploration: Not In The Bargain Bin, But Still In The Buy ZoneSeptember 26, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 12, 2023 | msn.comHeadwater Exploration GAAP EPS of C$0.13, revenue of C$94.57MMay 12, 2023 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Headwater Exploration (OtherCDDRF) and Algonquin Power & Utilities (AQN)April 27, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc up on Thursday (HWX)April 26, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc down on Tuesday (HWX)April 22, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc flat on Friday (HWX)April 22, 2023 | msn.comDESJARDINS SECURITIES Maintains Headwater Exploration (HWX) Buy RecommendationApril 18, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc down on Monday (HWX)April 15, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc up on Friday (HWX)April 13, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc up on Wednesday (HWX)April 12, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc up on Tuesday (HWX)April 11, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc up on Monday (HWX)April 7, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc down on Thursday (HWX)April 6, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc down on Wednesday (HWX)March 10, 2023 | msn.comHeadwater Exploration declares CAD 0.10 dividendJanuary 25, 2023 | marketwatch.comToronto Stocks Rise; Azimut Exploration Pops on Lithium Potential in Quebec PropertyNovember 4, 2022 | finance.yahoo.comHEADWATER EXPLORATION INC. ANNOUNCES DIVIDEND POLICY, 2023 BUDGET, OPERATIONS UPDATE AND THIRD QUARTER RESULTSOctober 14, 2022 | theglobeandmail.comFriday’s TSX breakouts: A surging energy stock with 50% upside forecast and a unanimous buy ratingSeptember 21, 2022 | seekingalpha.comHeadwater Exploration: Black GoldSee More Headlines Receive HWX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Headwater Exploration and its competitors with MarketBeat's FREE daily newsletter. Email Address HWX Company Calendar Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Last Earnings8/03/2023Today9/25/2023Ex-Dividend for 10/16 Dividend9/28/2023Dividend Payable10/16/2023Next Earnings (Estimated)11/02/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolTSE:HWX CUSIPN/A CIKN/A Webwww.headwaterexp.com Phone587 391 3682FaxN/AEmployees32Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$9.21 High Stock Price ForecastC$10.00 Low Stock Price ForecastC$8.50 Forecasted Upside/Downside+27.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.56 Trailing P/E Ratio12.93 Forward P/E Ratio7.70 P/E Growth0.83Net IncomeC$132.26 million Net Margins37.34% Pretax MarginN/A Return on Equity25.15% Return on Assets14.99% Debt Debt-to-Equity Ratio0.09 Current Ratio1.48 Quick Ratio2.07 Sales & Book Value Annual SalesC$354.17 million Price / Sales4.82 Cash FlowC$0.90 per share Price / Cash Flow8.06 Book ValueC$2.37 per share Price / Book3.05Miscellaneous Outstanding Shares235,860,000Free FloatN/AMarket CapC$1.71 billion OptionableNot Optionable Beta1.59 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Neil Jack Roszell P.Eng. (Age 55)Chairman & CEO Comp: $308.4kMr. Jason Jowill Jaskela P.Eng. (Age 45)Pres, COO & Director Comp: $534.56kMs. Alexandra Horvath C.A.CPA, VP of Fin. & CFOMr. Jonathan L. Grimwood P.Geo. (Age 52)Vice-Pres of Exploration Comp: $446.2kMr. Edward Brown LLBCorp. Sec.Andrea Anita CreemerExploitation EngineerMore ExecutivesKey CompetitorsInternational PetroleumTSE:IPCOAdvantage EnergyTSE:AAVKelt ExplorationTSE:KELBirchcliff EnergyTSE:BIRPeyto Exploration & DevelopmentTSE:PEYView All CompetitorsInsidersDavid Lawrence PearceSold 20,000 sharesTotal: C$148,000.00 ($7.40/share)Stephen Phillip LarkeSold 350,000 sharesTotal: C$2.22 M ($6.35/share)Jonathan L. GrimwoodSold 89,875 sharesTotal: C$539,250.00 ($6.00/share)Kevin OlsonSold 76,644 sharesTotal: C$475,729.31 ($6.21/share)View All Insider Transactions HWX Stock - Frequently Asked Questions Should I buy or sell Headwater Exploration stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Headwater Exploration in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HWX shares. View HWX analyst ratings or view top-rated stocks. What is Headwater Exploration's stock price forecast for 2023? 3 brokerages have issued 12 month price targets for Headwater Exploration's stock. Their HWX share price forecasts range from C$8.50 to C$10.00. On average, they predict the company's share price to reach C$9.21 in the next year. This suggests a possible upside of 27.2% from the stock's current price. View analysts price targets for HWX or view top-rated stocks among Wall Street analysts. How have HWX shares performed in 2023? Headwater Exploration's stock was trading at C$5.92 on January 1st, 2023. Since then, HWX shares have increased by 22.3% and is now trading at C$7.24. View the best growth stocks for 2023 here. When is Headwater Exploration's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our HWX earnings forecast. How were Headwater Exploration's earnings last quarter? Headwater Exploration Inc. (TSE:HWX) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.01. The business earned $118.97 million during the quarter. Headwater Exploration had a trailing twelve-month return on equity of 25.15% and a net margin of 37.34%. How often does Headwater Exploration pay dividends? What is the dividend yield for Headwater Exploration? Headwater Exploration announced a quarterly dividend on Thursday, September 14th. Stockholders of record on Friday, September 29th will be given a dividend of 0.10 per share on Monday, October 16th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.52%. The ex-dividend date of this dividend is Thursday, September 28th. Read our dividend analysis for HWX. Is Headwater Exploration a good dividend stock? Headwater Exploration (TSE:HWX) pays an annual dividend of C$0.40 per share and currently has a dividend yield of 5.56%. HWX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 71.43%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for HWX. What other stocks do shareholders of Headwater Exploration own? Based on aggregate information from My MarketBeat watchlists, some companies that other Headwater Exploration investors own include Seven Generations Energy (VII), Evofem Biosciences (EVFM), Cenovus Energy (CVE) and Corridor Resources (CDH). What is Headwater Exploration's stock symbol? Headwater Exploration trades on the Toronto Stock Exchange (TSX) under the ticker symbol "HWX." 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.Compare Top Brokerages Here. What is Headwater Exploration's stock price today? One share of HWX stock can currently be purchased for approximately C$7.24. How much money does Headwater Exploration make? Headwater Exploration (TSE:HWX) has a market capitalization of C$1.71 billion and generates C$354.17 million in revenue each year. The company earns C$132.26 million in net income (profit) each year or C$0.56 on an earnings per share basis. How can I contact Headwater Exploration? Headwater Exploration's mailing address is 215 9th Avenue SW, Suite 1400, Calgary, AB T2P 1K3, Canada. The official website for the company is www.headwaterexp.com. The company can be reached via phone at 587 391 3682. This page (TSE:HWX) was last updated on 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Headwater Exploration Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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