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Headwater Exploration (HWX) Competitors

Headwater Exploration logo
C$12.56 -0.40 (-3.09%)
As of 08/5/2026 04:00 PM Eastern

HWX vs. SCR, PSK, MEG, CPG, and ERF

Should you buy Headwater Exploration stock or one of its competitors? MarketBeat compares Headwater Exploration with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Headwater Exploration include Strathcona Resources (SCR), PrairieSky Royalty (PSK), MEG Energy (MEG), Crescent Point Energy (CPG), and Enerplus (ERF). These companies are all part of the "energy" sector.

How does Headwater Exploration compare to Strathcona Resources?

Strathcona Resources (TSE:SCR) and Headwater Exploration (TSE:HWX) are both mid-cap energy companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, risk, profitability, dividends, earnings and media sentiment.

Strathcona Resources pays an annual dividend of C$1.20 per share and has a dividend yield of 3.1%. Headwater Exploration pays an annual dividend of C$0.45 per share and has a dividend yield of 3.6%. Strathcona Resources pays out 34.6% of its earnings in the form of a dividend. Headwater Exploration pays out 57.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Strathcona Resources had 2 more articles in the media than Headwater Exploration. MarketBeat recorded 2 mentions for Strathcona Resources and 0 mentions for Headwater Exploration. Strathcona Resources' average media sentiment score of 1.11 beat Headwater Exploration's score of 0.54 indicating that Strathcona Resources is being referred to more favorably in the media.

Company Overall Sentiment
Strathcona Resources Positive
Headwater Exploration Positive

Strathcona Resources has higher revenue and earnings than Headwater Exploration. Strathcona Resources is trading at a lower price-to-earnings ratio than Headwater Exploration, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Strathcona ResourcesC$4.14B2.01C$370.36MC$3.4711.17
Headwater ExplorationC$717.83M4.16C$184.15MC$0.7816.10

Headwater Exploration has a net margin of 27.85% compared to Strathcona Resources' net margin of 20.18%. Headwater Exploration's return on equity of 24.24% beat Strathcona Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Strathcona Resources20.18% 13.89% 6.81%
Headwater Exploration 27.85%24.24%17.83%

7.5% of Strathcona Resources shares are held by institutional investors. Comparatively, 49.5% of Headwater Exploration shares are held by institutional investors. 91.3% of Strathcona Resources shares are held by insiders. Comparatively, 5.1% of Headwater Exploration shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Strathcona Resources has a beta of 2.614012, indicating that its share price is 161% more volatile than the broader market. Comparatively, Headwater Exploration has a beta of 0.581339, indicating that its share price is 42% less volatile than the broader market.

Strathcona Resources currently has a consensus price target of C$43.00, suggesting a potential upside of 10.97%. Headwater Exploration has a consensus price target of C$12.36, suggesting a potential downside of 1.62%. Given Strathcona Resources' stronger consensus rating and higher probable upside, research analysts clearly believe Strathcona Resources is more favorable than Headwater Exploration.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Strathcona Resources
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.00
Headwater Exploration
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Strathcona Resources beats Headwater Exploration on 12 of the 19 factors compared between the two stocks.

How does Headwater Exploration compare to PrairieSky Royalty?

PrairieSky Royalty (TSE:PSK) and Headwater Exploration (TSE:HWX) are both mid-cap energy companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, risk, institutional ownership, earnings, profitability, dividends, valuation and analyst recommendations.

PrairieSky Royalty has a net margin of 44.86% compared to Headwater Exploration's net margin of 27.85%. Headwater Exploration's return on equity of 24.24% beat PrairieSky Royalty's return on equity.

Company Net Margins Return on Equity Return on Assets
PrairieSky Royalty44.86% 9.48% 5.99%
Headwater Exploration 27.85%24.24%17.83%

PrairieSky Royalty presently has a consensus target price of C$34.42, suggesting a potential upside of 4.04%. Headwater Exploration has a consensus target price of C$12.36, suggesting a potential downside of 1.62%. Given PrairieSky Royalty's stronger consensus rating and higher possible upside, equities analysts plainly believe PrairieSky Royalty is more favorable than Headwater Exploration.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PrairieSky Royalty
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86
Headwater Exploration
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, PrairieSky Royalty had 5 more articles in the media than Headwater Exploration. MarketBeat recorded 5 mentions for PrairieSky Royalty and 0 mentions for Headwater Exploration. PrairieSky Royalty's average media sentiment score of 0.67 beat Headwater Exploration's score of 0.54 indicating that PrairieSky Royalty is being referred to more favorably in the media.

Company Overall Sentiment
PrairieSky Royalty Positive
Headwater Exploration Positive

73.1% of PrairieSky Royalty shares are held by institutional investors. Comparatively, 49.5% of Headwater Exploration shares are held by institutional investors. 0.5% of PrairieSky Royalty shares are held by insiders. Comparatively, 5.1% of Headwater Exploration shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

PrairieSky Royalty has a beta of 0.734948, indicating that its share price is 27% less volatile than the broader market. Comparatively, Headwater Exploration has a beta of 0.581339, indicating that its share price is 42% less volatile than the broader market.

PrairieSky Royalty pays an annual dividend of C$1.05 per share and has a dividend yield of 3.2%. Headwater Exploration pays an annual dividend of C$0.45 per share and has a dividend yield of 3.6%. PrairieSky Royalty pays out 101.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Headwater Exploration pays out 57.7% of its earnings in the form of a dividend. Headwater Exploration is clearly the better dividend stock, given its higher yield and lower payout ratio.

PrairieSky Royalty has higher earnings, but lower revenue than Headwater Exploration. Headwater Exploration is trading at a lower price-to-earnings ratio than PrairieSky Royalty, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
PrairieSky RoyaltyC$538.30M14.28C$214.83MC$1.0431.81
Headwater ExplorationC$717.83M4.16C$184.15MC$0.7816.10

Summary

PrairieSky Royalty beats Headwater Exploration on 13 of the 19 factors compared between the two stocks.

How does Headwater Exploration compare to MEG Energy?

Headwater Exploration (TSE:HWX) and MEG Energy (TSE:MEG) are both mid-cap energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, valuation, analyst recommendations, media sentiment, risk, institutional ownership and dividends.

49.5% of Headwater Exploration shares are owned by institutional investors. Comparatively, 46.2% of MEG Energy shares are owned by institutional investors. 5.1% of Headwater Exploration shares are owned by insiders. Comparatively, 0.3% of MEG Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Headwater Exploration has a beta of 0.581339, suggesting that its share price is 42% less volatile than the broader market. Comparatively, MEG Energy has a beta of 0.446509, suggesting that its share price is 55% less volatile than the broader market.

Headwater Exploration pays an annual dividend of C$0.45 per share and has a dividend yield of 3.6%. MEG Energy pays an annual dividend of C$0.41 per share and has a dividend yield of 1.3%. Headwater Exploration pays out 57.7% of its earnings in the form of a dividend. MEG Energy pays out 19.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Headwater Exploration's average media sentiment score of 0.54 beat MEG Energy's score of 0.00 indicating that Headwater Exploration is being referred to more favorably in the media.

Company Overall Sentiment
Headwater Exploration Positive
MEG Energy Neutral

Headwater Exploration currently has a consensus target price of C$12.36, indicating a potential downside of 1.62%. MEG Energy has a consensus target price of C$28.00, indicating a potential downside of 9.36%. Given Headwater Exploration's stronger consensus rating and higher probable upside, equities research analysts plainly believe Headwater Exploration is more favorable than MEG Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Headwater Exploration
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
MEG Energy
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

MEG Energy has higher revenue and earnings than Headwater Exploration. MEG Energy is trading at a lower price-to-earnings ratio than Headwater Exploration, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Headwater ExplorationC$717.83M4.16C$184.15MC$0.7816.10
MEG EnergyC$4.63B1.70C$487.47MC$2.1114.64

Headwater Exploration has a net margin of 27.85% compared to MEG Energy's net margin of 13.76%. Headwater Exploration's return on equity of 24.24% beat MEG Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Headwater Exploration27.85% 24.24% 17.83%
MEG Energy 13.76%9.39%8.96%

Summary

Headwater Exploration beats MEG Energy on 13 of the 17 factors compared between the two stocks.

How does Headwater Exploration compare to Crescent Point Energy?

Headwater Exploration (TSE:HWX) and Crescent Point Energy (TSE:CPG) are both mid-cap energy companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, risk, institutional ownership, analyst recommendations, earnings, profitability, media sentiment and dividends.

Headwater Exploration has a net margin of 27.85% compared to Crescent Point Energy's net margin of -1.65%. Headwater Exploration's return on equity of 24.24% beat Crescent Point Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Headwater Exploration27.85% 24.24% 17.83%
Crescent Point Energy -1.65%3.31%2.86%

Headwater Exploration pays an annual dividend of C$0.45 per share and has a dividend yield of 3.6%. Crescent Point Energy pays an annual dividend of C$0.46 per share. Headwater Exploration pays out 57.7% of its earnings in the form of a dividend. Crescent Point Energy pays out 93.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Headwater Exploration is clearly the better dividend stock, given its higher yield and lower payout ratio.

49.5% of Headwater Exploration shares are held by institutional investors. Comparatively, 47.5% of Crescent Point Energy shares are held by institutional investors. 5.1% of Headwater Exploration shares are held by insiders. Comparatively, 0.5% of Crescent Point Energy shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Headwater Exploration currently has a consensus target price of C$12.36, suggesting a potential downside of 1.62%. Given Crescent Point Energy's higher probable upside, analysts plainly believe Crescent Point Energy is more favorable than Headwater Exploration.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Headwater Exploration
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Crescent Point Energy
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

In the previous week, Headwater Exploration's average media sentiment score of 0.54 beat Crescent Point Energy's score of 0.00 indicating that Headwater Exploration is being referred to more favorably in the media.

Company Overall Sentiment
Headwater Exploration Positive
Crescent Point Energy Neutral

Crescent Point Energy has higher revenue and earnings than Headwater Exploration. Crescent Point Energy is trading at a lower price-to-earnings ratio than Headwater Exploration, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Headwater ExplorationC$717.83M4.16C$184.15MC$0.7816.10
Crescent Point EnergyC$3.51B0.00C$215.70MC$0.49N/A

Headwater Exploration has a beta of 0.581339, suggesting that its stock price is 42% less volatile than the broader market. Comparatively, Crescent Point Energy has a beta of 2.84, suggesting that its stock price is 184% more volatile than the broader market.

Summary

Headwater Exploration beats Crescent Point Energy on 11 of the 16 factors compared between the two stocks.

How does Headwater Exploration compare to Enerplus?

Headwater Exploration (TSE:HWX) and Enerplus (TSE:ERF) are both mid-cap energy companies, but which is the better business? We will contrast the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, profitability, institutional ownership, media sentiment and earnings.

In the previous week, Headwater Exploration's average media sentiment score of 0.54 beat Enerplus' score of 0.00 indicating that Headwater Exploration is being referred to more favorably in the media.

Company Overall Sentiment
Headwater Exploration Positive
Enerplus Neutral

Headwater Exploration pays an annual dividend of C$0.45 per share and has a dividend yield of 3.6%. Enerplus pays an annual dividend of C$0.36 per share. Headwater Exploration pays out 57.7% of its earnings in the form of a dividend. Enerplus pays out 14.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Enerplus has higher revenue and earnings than Headwater Exploration. Enerplus is trading at a lower price-to-earnings ratio than Headwater Exploration, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Headwater ExplorationC$717.83M4.16C$184.15MC$0.7816.10
EnerplusC$1.48B0.00C$384.73MC$2.44N/A

Headwater Exploration has a beta of 0.581339, indicating that its share price is 42% less volatile than the broader market. Comparatively, Enerplus has a beta of 2.64, indicating that its share price is 164% more volatile than the broader market.

Headwater Exploration has a net margin of 27.85% compared to Enerplus' net margin of 26.04%. Enerplus' return on equity of 32.27% beat Headwater Exploration's return on equity.

Company Net Margins Return on Equity Return on Assets
Headwater Exploration27.85% 24.24% 17.83%
Enerplus 26.04%32.27%15.25%

Headwater Exploration currently has a consensus target price of C$12.36, indicating a potential downside of 1.62%. Given Enerplus' higher possible upside, analysts clearly believe Enerplus is more favorable than Headwater Exploration.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Headwater Exploration
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Enerplus
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

49.5% of Headwater Exploration shares are held by institutional investors. Comparatively, 67.9% of Enerplus shares are held by institutional investors. 5.1% of Headwater Exploration shares are held by insiders. Comparatively, 1.3% of Enerplus shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Headwater Exploration and Enerplus tied by winning 8 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HWX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HWX vs. The Competition

MetricHeadwater ExplorationOil, Gas & Consumable Fuels IndustryEnergy SectorTSE Exchange
Market CapC$2.99BC$10.84BC$9.48BC$12.60B
Dividend Yield3.62%11.40%11.64%6.20%
P/E Ratio16.1016.3916.9134.28
Price / Sales4.16456.22374.299.70
Price / Cash8.0639.5636.1082.29
Price / Book3.674.243.854.49
Net IncomeC$184.15MC$5.28BC$4.35BC$299.09M
7 Day Performance-5.49%-0.78%-0.28%2.04%
1 Month Performance9.50%3.13%2.97%0.92%
1 Year Performance80.72%31.19%33.26%33.65%

Headwater Exploration Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HWX
Headwater Exploration
2.792 of 5 stars
C$12.56
-3.1%
C$12.36
-1.6%
+79.9%C$2.99BC$717.83M16.1035
SCR
Strathcona Resources
2.6754 of 5 stars
C$41.97
+5.4%
C$43.00
+2.5%
+15.7%C$8.99BC$4.14B12.10193
PSK
PrairieSky Royalty
2.817 of 5 stars
C$34.86
+1.8%
C$34.42
-1.3%
+39.1%C$8.10BC$538.30M33.5265
MEG
MEG Energy
0.9196 of 5 stars
C$30.89
+0.7%
C$28.00
-9.4%
+18.1%C$7.86BC$4.63B14.64449
CPG
Crescent Point Energy
N/AN/AN/AN/AC$7.24BC$3.51B23.92777

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This page (TSE:HWX) was last updated on 8/6/2026 by MarketBeat.com Staff.
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