S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
This Stock Could Go Up 66% or More. (Ad)
Are Gene Therapy Stocks The Market's Next Big Winners?
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Options Trading Plan–Perfect For Beginners (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Options Trading Plan–Perfect For Beginners (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
This Stock Could Go Up 66% or More. (Ad)
Are Gene Therapy Stocks The Market's Next Big Winners?
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Options Trading Plan–Perfect For Beginners (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Options Trading Plan–Perfect For Beginners (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
This Stock Could Go Up 66% or More. (Ad)
Are Gene Therapy Stocks The Market's Next Big Winners?
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Options Trading Plan–Perfect For Beginners (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Options Trading Plan–Perfect For Beginners (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
This Stock Could Go Up 66% or More. (Ad)
Are Gene Therapy Stocks The Market's Next Big Winners?
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Options Trading Plan–Perfect For Beginners (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Options Trading Plan–Perfect For Beginners (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
TSE:HWX

Headwater Exploration (HWX) Stock Forecast, Price & News

C$7.24
+0.10 (+1.40%)
(As of 09/25/2023 ET)
Compare
Today's Range
C$7.09
C$7.29
50-Day Range
C$6.80
C$7.62
52-Week Range
C$5.03
C$7.88
Volume
301,211 shs
Average Volume
721,847 shs
Market Capitalization
C$1.71 billion
P/E Ratio
12.93
Dividend Yield
5.52%
Price Target
C$9.21

Headwater Exploration MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
27.2% Upside
C$9.21 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
C$148,000 Sold Last Quarter
Proj. Earnings Growth
N/A

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


HWX stock logo

About Headwater Exploration (TSE:HWX) Stock

Headwater 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.

HWX Price History

HWX Stock News Headlines

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.
HWX.TO - Headwater Exploration Inc.
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.
Headwater Exploration: Black Gold
See 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.

HWX Company Calendar

Ex-Dividend for 7/17 Dividend
6/29/2023
Dividend Payable
7/17/2023
Last Earnings
8/03/2023
Today
9/25/2023
Ex-Dividend for 10/16 Dividend
9/28/2023
Dividend Payable
10/16/2023
Next Earnings (Estimated)
11/02/2023

Industry, Sector and Symbol

Industry
Oil & Gas E&P
Sub-Industry
N/A
Sector
Energy
CIK
N/A
Fax
N/A
Employees
32
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$9.21
High Stock Price Forecast
C$10.00
Low Stock Price Forecast
C$8.50
Forecasted Upside/Downside
+27.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
C$132.26 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$354.17 million
Cash Flow
C$0.90 per share
Book Value
C$2.37 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.71 billion
Optionable
Not Optionable
Beta
1.59
Investing Strategies To Help Grow Your Retirement Income Cover

Need 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 Executives

  • Mr. Neil Jack Roszell P.Eng. (Age 55)
    Chairman & CEO
    Comp: $308.4k
  • Mr. Jason Jowill Jaskela P.Eng. (Age 45)
    Pres, COO & Director
    Comp: $534.56k
  • Ms. Alexandra Horvath C.A.
    CPA, VP of Fin. & CFO
  • Mr. Jonathan L. Grimwood P.Geo. (Age 52)
    Vice-Pres of Exploration
    Comp: $446.2k
  • Mr. Edward Brown LLB
    Corp. Sec.
  • Andrea Anita Creemer
    Exploitation Engineer













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

My Account -