TSE:HWX Headwater Exploration (HWX) Stock Forecast, Price & News C$6.47 -0.01 (-0.15%) (As of 11:45 AM ET) Add Compare Share Share Today's RangeC$6.35▼C$6.5050-Day RangeC$5.86▼C$6.6052-Week RangeC$4.79▼C$8.18Volume740,618 shsAverage Volume798,810 shsMarket CapitalizationC$1.52 billionP/E Ratio8.99Dividend Yield6.18%Price TargetC$9.46 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Headwater Exploration MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside46.2% UpsideC$9.46 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling SharesC$2.22 M 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 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$9.46, Headwater Exploration has a forecasted upside of 46.2% from its current price of C$6.47.Amount of Analyst CoverageHeadwater Exploration has received no research coverage 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 6.26%, 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 55.56%. 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 0.6 News and Social Media Coverage Search Interest11 people have searched for HWX on MarketBeat in the last 30 days. This is an increase of 57% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Headwater Exploration to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 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$2,223,480.00 in company stock.Percentage Held by Insiders26.55% 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 Institutions42.12% of the stock of Headwater Exploration is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Headwater Exploration is 8.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Headwater Exploration is 8.99, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 49.89.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 2.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Headwater Exploration (TSE:HWX) StockHeadwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick. It holds interests in the McCully Field located to the northeast of Sussex, New Brunswick; the Clearwater play located in the Marten Hills, Alberta; and the Frederick Brook shale gas prospect 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. is headquartered in Calgary, Canada.Read More 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 Stock News HeadlinesMay 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)June 1, 2023 | Edge On The Street (Ad)AI is Unstoppable. Now Is The Time!AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.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 26, 2023 | americanbankingnews.comFY2024 EPS Estimates for Headwater Exploration Inc. (TSE:HWX) Boosted by Stifel FirstegyApril 22, 2023 | theglobeandmail.comClosing Bell: Headwater Exploration Inc flat on Friday (HWX)April 22, 2023 | msn.comDESJARDINS SECURITIES Maintains Headwater Exploration (HWX) Buy RecommendationJune 1, 2023 | Edge On The Street (Ad)AI is Unstoppable. Now Is The Time!AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.April 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 29, 2023 | americanbankingnews.comHeadwater Exploration (TSE:HWX) Price Target Cut to C$9.00March 25, 2023 | americanbankingnews.comHeadwater Exploration Inc. (TSE:HWX) Director Stephen Phillip Larke Sells 350,000 Shares of StockMarch 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 GoldAugust 29, 2022 | nasdaq.comHWX Crosses Above Key Moving Average LevelAugust 3, 2022 | theglobeandmail.comHeadwater Exploration Inc stock advanced on Friday.July 27, 2022 | finance.yahoo.comWhy The 28% Return On Capital At Headwater Exploration (TSE:HWX) Should Have Your AttentionJuly 23, 2022 | theglobeandmail.comHow this money manager seeks out small companies with potentialSee More Headlines HWX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HWX Company Calendar Last Earnings3/09/2023Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Today6/01/2023Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Next Earnings (Estimated)8/03/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E & P Sub-IndustryN/A SectorOils/Energy Current SymbolTSE:HWX CUSIPN/A CIKN/A Webwww.headwaterexp.com Phone587 391 3682FaxN/AEmployees26Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$9.46 High Stock Price ForecastC$11.00 Low Stock Price ForecastC$9.00 Forecasted Upside/Downside+46.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.72 Trailing P/E Ratio9.00 Forward P/E Ratio9.57 P/E Growth0.83Net IncomeC$149.72 million Net Margins41.63% Pretax MarginN/A Return on Equity30.18% Return on Assets18.15% Debt Debt-to-Equity Ratio0.12 Current Ratio1.66 Quick Ratio2.07 Sales & Book Value Annual SalesC$359.67 million Price / Sales4.24 Cash FlowC$0.80 per share Price / Cash Flow8.06 Book ValueC$2.34 per share Price / Book2.77Miscellaneous Outstanding Shares235,570,000Free FloatN/AMarket CapC$1.53 billion OptionableNot Optionable Beta1.64 Key ExecutivesMr. Neil Jack Roszell P.Eng. (Age 55)Chairman & CEO Comp: $330kMr. Jason Jowill Jaskela P.Eng. (Age 45)Pres, COO & Director Comp: $475kMs. Alexandra Horvath C.A.CPA, VP of Fin. & CFOMr. Jonathan L. Grimwood P.Geo. (Age 52)Vice-Pres of Exploration Comp: $400kMr. Terry Ryan DankuVP of EngineeringMr. Edward Brown LLBCorp. Sec.Mr. Scott Earl Rideout (Age 43)Vice-Pres of Land Andrea Anita CreemerExploitation EngineerMr. Tom BanksSr. Engineering ConsultantMore ExecutivesKey CompetitorsInternational PetroleumTSE:IPCORaging River ExplorationTSE:RRXAdvantage EnergyTSE:AAVSpartan EnergyTSE:SPECardinal EnergyTSE:CJView All CompetitorsInsidersStephen 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 research analysts have issued "buy," "hold," and "sell" ratings for Headwater Exploration in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HWX shares. View HWX analyst ratings or view top-rated stocks. What is Headwater Exploration's stock price forecast for 2023? 3 analysts have issued 12 month target prices for Headwater Exploration's shares. Their HWX share price forecasts range from C$9.00 to C$11.00. On average, they predict the company's stock price to reach C$9.46 in the next year. This suggests a possible upside of 46.0% 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 at the start of the year. Since then, HWX shares have increased by 9.5% and is now trading at C$6.48. 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, August 3rd 2023. View our HWX earnings forecast. How were Headwater Exploration's earnings last quarter? Headwater Exploration Inc. (TSE:HWX) issued its earnings results on Thursday, March, 9th. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The company earned $109.38 million during the quarter. Headwater Exploration had a trailing twelve-month return on equity of 30.18% and a net margin of 41.63%. How often does Headwater Exploration pay dividends? What is the dividend yield for Headwater Exploration? Headwater Exploration declared a quarterly dividend on Thursday, May 11th. Investors of record on Friday, June 30th will be given a dividend of 0.10 per share on Monday, July 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date is Thursday, June 29th. 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 6.26%. HWX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 55.56%. 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$6.48. How much money does Headwater Exploration make? Headwater Exploration (TSE:HWX) has a market capitalization of C$1.53 billion and generates C$359.67 million in revenue each year. The company earns C$149.72 million in net income (profit) each year or C$0.72 on an earnings per share basis. How can I contact Headwater Exploration? 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 6/1/2023 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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