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Headwater Exploration (HWX) Competitors

Headwater Exploration logo
C$14.00 -0.19 (-1.34%)
As of 08/25/2026 04:00 PM Eastern

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

Should you buy Headwater Exploration stock or one of its competitors? Headwater Exploration's main competitors and comparable companies include Strathcona Resources (SCR), PrairieSky Royalty (PSK), MEG Energy (MEG), Crescent Point Energy (CPG), and Tamarack Valley Energy (TVE). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "oil & gas exploration & production" industry.

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 superior investment? We will contrast the two companies based on the strength of their dividends, media sentiment, valuation, analyst recommendations, risk, institutional ownership, profitability and earnings.

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$4.72B1.91C$370.36MC$3.9410.65
Headwater ExplorationC$717.83M4.64C$184.15MC$0.7817.95

In the previous week, Strathcona Resources' average media sentiment score of 0.00 equaled Headwater Exploration'saverage media sentiment score.

Company Overall Sentiment
Strathcona Resources Neutral
Headwater Exploration Neutral

Strathcona Resources presently has a consensus target price of C$43.00, indicating a potential upside of 2.43%. Headwater Exploration has a consensus target price of C$12.36, indicating a potential downside of 11.73%. Given Strathcona Resources' stronger consensus rating and higher probable upside, equities analysts plainly 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

Headwater Exploration has a net margin of 27.85% compared to Strathcona Resources' net margin of 19.41%. 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 Resources19.41% 17.02% 6.81%
Headwater Exploration 27.85%24.24%17.83%

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

7.6% of Strathcona Resources shares are held by institutional investors. Comparatively, 49.1% of Headwater Exploration shares are held by institutional investors. 91.3% of Strathcona Resources shares are held by company insiders. Comparatively, 5.1% of Headwater Exploration shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Strathcona Resources pays an annual dividend of C$1.20 per share and has a dividend yield of 2.9%. Headwater Exploration pays an annual dividend of C$0.45 per share and has a dividend yield of 3.2%. Strathcona Resources pays out 30.5% 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.

Summary

Strathcona Resources beats Headwater Exploration on 10 of the 17 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 stock? We will contrast the two businesses based on the strength of their earnings, dividends, institutional ownership, media sentiment, risk, profitability, analyst recommendations and valuation.

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 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$538.30M15.57C$214.83MC$1.0434.66
Headwater ExplorationC$717.83M4.64C$184.15MC$0.7817.95

PrairieSky Royalty has a beta of 0.734948, suggesting that its share price is 27% less volatile than the broader market. Comparatively, Headwater Exploration has a beta of 0.581339, suggesting 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 2.9%. Headwater Exploration pays an annual dividend of C$0.45 per share and has a dividend yield of 3.2%. 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.

In the previous week, PrairieSky Royalty's average media sentiment score of 0.29 beat Headwater Exploration's score of 0.00 indicating that PrairieSky Royalty is being referred to more favorably in the media.

Company Overall Sentiment
PrairieSky Royalty Neutral
Headwater Exploration Neutral

PrairieSky Royalty currently has a consensus price target of C$34.42, indicating a potential downside of 4.53%. Headwater Exploration has a consensus price target of C$12.36, indicating a potential downside of 11.73%. Given PrairieSky Royalty's stronger consensus rating and higher possible upside, research analysts clearly 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

73.2% of PrairieSky Royalty shares are held by institutional investors. Comparatively, 49.1% of Headwater Exploration shares are held by institutional investors. 0.5% of PrairieSky Royalty shares are held by company insiders. Comparatively, 5.1% of Headwater Exploration shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

PrairieSky Royalty beats Headwater Exploration on 12 of the 18 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 business? We will compare the two businesses based on the strength of their analyst recommendations, media sentiment, risk, earnings, dividends, institutional ownership, profitability and valuation.

Headwater Exploration pays an annual dividend of C$0.45 per share and has a dividend yield of 3.2%. 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.

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$717.83M4.64C$184.15MC$0.7817.95
MEG EnergyC$4.63B1.70C$487.47MC$2.1114.64

In the previous week, MEG Energy had 1 more articles in the media than Headwater Exploration. MarketBeat recorded 1 mentions for MEG Energy and 0 mentions for Headwater Exploration. MEG Energy's average media sentiment score of 0.63 beat Headwater Exploration's score of 0.00 indicating that MEG Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Headwater Exploration Neutral
MEG Energy Positive

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

Headwater Exploration currently has a consensus target price of C$12.36, indicating a potential downside of 11.73%. MEG Energy has a consensus target price of C$28.00, indicating a potential downside of 9.36%. Given MEG Energy's higher probable upside, analysts clearly believe MEG 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
MEG Energy
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

49.1% 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 endowments, large money managers and hedge funds believe a company is poised for long-term growth.

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 11 of the 18 factors compared between the two stocks.

How does Headwater Exploration compare to Crescent Point Energy?

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

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

In the previous week, Crescent Point Energy's average media sentiment score of 0.00 equaled Headwater Exploration'saverage media sentiment score.

Company Overall Sentiment
Crescent Point Energy Neutral
Headwater Exploration Neutral

Crescent Point Energy pays an annual dividend of C$0.46 per share. Headwater Exploration pays an annual dividend of C$0.45 per share and has a dividend yield of 3.2%. 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 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.

Headwater Exploration has a consensus price target of C$12.36, suggesting a potential downside of 11.73%. 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
Crescent Point Energy
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Headwater Exploration
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

47.5% of Crescent Point Energy shares are held by institutional investors. Comparatively, 49.1% of Headwater Exploration shares are held by institutional investors. 0.5% of Crescent Point Energy shares are held by insiders. Comparatively, 5.1% of Headwater Exploration 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 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
Crescent Point Energy-1.65% 3.31% 2.86%
Headwater Exploration 27.85%24.24%17.83%

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
Crescent Point EnergyC$3.51B0.00C$215.70MC$0.49N/A
Headwater ExplorationC$717.83M4.64C$184.15MC$0.7817.95

Summary

Headwater Exploration beats Crescent Point Energy on 10 of the 15 factors compared between the two stocks.

How does Headwater Exploration compare to Tamarack Valley Energy?

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

Tamarack Valley Energy currently has a consensus price target of C$13.70, indicating a potential upside of 2.50%. Headwater Exploration has a consensus price target of C$12.36, indicating a potential downside of 11.73%. Given Tamarack Valley Energy's stronger consensus rating and higher possible upside, equities research analysts plainly believe Tamarack Valley Energy is more favorable than Headwater Exploration.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tamarack Valley Energy
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 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

Tamarack Valley Energy has a beta of 0.315643, indicating that its share price is 68% 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tamarack Valley EnergyC$1.85B3.44C$208.06MC$0.07191.00
Headwater ExplorationC$717.83M4.64C$184.15MC$0.7817.95

Tamarack Valley Energy pays an annual dividend of C$0.16 per share and has a dividend yield of 1.2%. Headwater Exploration pays an annual dividend of C$0.45 per share and has a dividend yield of 3.2%. Tamarack Valley Energy pays out 225.2% 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.

Headwater Exploration has a net margin of 27.85% compared to Tamarack Valley Energy's net margin of 1.50%. Headwater Exploration's return on equity of 24.24% beat Tamarack Valley Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Tamarack Valley Energy1.50% 1.34% 6.55%
Headwater Exploration 27.85%24.24%17.83%

35.6% of Tamarack Valley Energy shares are held by institutional investors. Comparatively, 49.1% of Headwater Exploration shares are held by institutional investors. 1.3% of Tamarack Valley Energy shares are held by company insiders. Comparatively, 5.1% of Headwater Exploration shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Tamarack Valley Energy had 3 more articles in the media than Headwater Exploration. MarketBeat recorded 3 mentions for Tamarack Valley Energy and 0 mentions for Headwater Exploration. Tamarack Valley Energy's average media sentiment score of 0.65 beat Headwater Exploration's score of 0.00 indicating that Tamarack Valley Energy is being referred to more favorably in the media.

Company Overall Sentiment
Tamarack Valley Energy Positive
Headwater Exploration Neutral

Summary

Headwater Exploration beats Tamarack Valley Energy on 10 of the 18 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$3.37BC$11.38BC$9.93BC$12.68B
Dividend Yield3.38%11.19%11.46%6.22%
P/E Ratio17.9516.8020.2039.08
Price / Sales4.64445.75366.3910.49
Price / Cash8.0639.8336.1882.29
Price / Book4.093.213.014.84
Net IncomeC$184.15MC$5.27BC$4.33BC$299.09M
7 Day Performance1.89%0.29%-0.13%0.71%
1 Month Performance3.93%4.01%3.35%5.59%
1 Year Performance111.80%34.73%36.25%32.87%

Headwater Exploration Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HWX
Headwater Exploration
N/AC$14.00
-1.3%
C$12.36
-11.7%
+105.0%C$3.37BC$717.83M17.9535
SCR
Strathcona Resources
N/AC$44.28
-0.6%
C$43.00
-2.9%
+12.2%C$9.49BC$4.72B11.24193
PSK
PrairieSky Royalty
2.1506 of 5 stars
C$35.75
+0.4%
C$34.42
-3.7%
+51.2%C$8.31BC$538.30M34.3865
MEG
MEG Energy
1.3781 of 5 stars
C$30.89
+0.7%
C$28.00
-9.4%
+9.7%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 8/26/2026 by MarketBeat.com Staff.
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