Should I buy or sell Headwater Exploration stock right now?

5 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 4 buy ratings for the stock. The consensus among Wall Street research 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 target for 2024?

5 brokerages have issued 12-month target prices for Headwater Exploration's shares. Their HWX share price targets range from C$8.00 to C$10.00. On average, they expect the company's stock price to reach C$9.13 in the next year. This suggests a possible upside of 15.1% 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 2024?

Headwater Exploration's stock was trading at C$6.25 at the beginning of the year. Since then, HWX stock has increased by 26.9% and is now trading at C$7.93. View the best growth stocks for 2024 here .

When is Headwater Exploration's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. 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, March, 7th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.18 by $0.01. The company had revenue of $138.43 million for the quarter. Headwater Exploration had a net margin of 36.68% and a trailing twelve-month return on equity of 27.05%.

How often does Headwater Exploration pay dividends? What is the dividend yield for Headwater Exploration?

Headwater Exploration announced a quarterly dividend on Thursday, March 7th. Shareholders of record on Friday, March 29th will be given a dividend of 0.10 per share on Monday, April 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date is Wednesday, March 27th. 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 5.17%. HWX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.61%. 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) .

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 .

TSE:HWX

Headwater Exploration (HWX) Stock Price, News & Analysis

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Free HWX Stock Alerts

C$7.93

-0.20 (-2.46%)

(As of 04/15/2024 ET)

Compare

Today's Range: C$7.88
▼
C$8.15
50-Day Range: C$6.21
▼
C$8.47
52-Week Range: C$5.76
▼
C$8.57

Volume: 668,317 shs
Average Volume: 757,621 shs
Market Capitalization: C$1.88 billion

P/E Ratio: 12.02
Dividend Yield: 5.04%
Price Target: C$9.13

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Headwater Exploration alerts:

Headwater Exploration MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 15.1% Upside
C$9.13 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.22
Based on 7 Articles This Week
Insider Trading: Selling Shares
C$4.13 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.41 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
Headwater Exploration has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Headwater Exploration has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for HWX.

2.5

Dividend Strength

Dividend Leadership
Headwater Exploration is a leading dividend payer. It pays a dividend yield of 5.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Headwater Exploration does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Headwater Exploration is 60.61%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HWX.

1.8

News and Social Media Coverage

News Sentiment
Headwater Exploration has a news sentiment score of 0.22. 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 0.39 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Headwater Exploration this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for HWX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 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.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In 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$4,133,282.00 in company stock.
Percentage Held by Insiders
Only 4.86% of the stock of Headwater Exploration is held by insiders.
Percentage Held by Institutions
Only 37.99% of the stock of Headwater Exploration is held by institutions.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Headwater Exploration is 12.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Headwater Exploration is 12.02, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 100.12.
Price to Earnings Growth Ratio
Headwater 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 Ratio
Headwater Exploration has a P/B Ratio of 3.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Headwater Exploration Stock (TSE:HWX)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HWX Stock News Headlines

April 16, 2024 | insidertrades.com

Insider Selling: Headwater Exploration Inc. (TSE:HWX) Director Sells 50,000 Shares of Stock

April 13, 2024 | insidertrades.com

Insider Selling: Headwater Exploration Inc. (TSE:HWX) Director Sells 100,000 Shares of Stock

April 16, 2024 | InvestorPlace (Ad)

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April 6, 2024 | insidertrades.com

Headwater Exploration Inc. (TSE:HWX) Director Sells C$157,200.00 in Stock

March 31, 2024 | insidertrades.com

Headwater Exploration Inc. (TSE:HWX) Director Sells C$76,968.00 in Stock

March 29, 2024 | insidertrades.com

Headwater Exploration Inc. (TSE:HWX) Senior Officer Bradley Christman Sells 26,102 Shares

March 23, 2024 | insidertrades.com

Insider Selling: Headwater Exploration Inc. (TSE:HWX) Director Sells 20,000 Shares of Stock

March 23, 2024 | insidertrades.com

Jonathan L. Grimwood Sells 24,527 Shares of Headwater Exploration Inc. (TSE:HWX) Stock

April 16, 2024 | InvestorPlace (Ad)

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March 19, 2024 | insidertrades.com

Terry Ryan Danku Sells 250,000 Shares of Headwater Exploration Inc. (TSE:HWX) Stock

April 16, 2024 | americanbankingnews.com

Headwater Exploration Inc. (TSE:HWX) Director Stephen Phillip Larke Sells 50,000 Shares of Stock

April 14, 2024 | americanbankingnews.com

Headwater Exploration Inc. (TSE:HWX) Director Sells C$842,050.00 in Stock

April 9, 2024 | americanbankingnews.com

Haywood Securities Boosts Headwater Exploration (TSE:HWX) Price Target to C$10.00

April 7, 2024 | americanbankingnews.com

Chandra Henry Sells 20,000 Shares of Headwater Exploration Inc. (TSE:HWX) Stock

April 6, 2024 | americanbankingnews.com

Headwater Exploration (TSE:HWX) Price Target Raised to C$10.00 at Stifel Nicolaus

April 5, 2024 | seekingalpha.com

Closed Headwater Exploration

April 5, 2024 | ca.finance.yahoo.com

Alpha, Karora at 52-Week Highs on News

March 10, 2024 | seekingalpha.com

Headwater Exploration: Solid Q4 Result With Higher Margins Ahead

March 7, 2024 | msn.com

Headwater Exploration declares $0.10 dividend

March 7, 2024 | finance.yahoo.com

HEADWATER EXPLORATION INC. ANNOUNCES 2023 RESERVES, YEAR END 2023 OPERATING AND FINANCIAL RESULTS, OPERATIONS UPDATE, INCREASE TO 2024 CAPITAL BUDGET AND DECLARES QUARTERLY DIVIDEND

February 8, 2024 | seekingalpha.com

Headwater Exploration: Slower Growth Ahead

December 19, 2023 | seekingalpha.com

Headwater Exploration: Succession Takes Center Stage

November 19, 2023 | msn.com

2 Top Dividend-Paying Energy Stocks to Buy on the TSX Today

November 9, 2023 | finance.yahoo.com

HEADWATER EXPLORATION INC. ANNOUNCES THIRD QUARTER OPERATING AND FINANCIAL RESULTS, DECLARATION OF Q4 DIVIDEND AND SUCCESSION PLAN

October 1, 2023 | msn.com

Headwater Exploration: Heavy Oil Considerations

September 1, 2023 | theglobeandmail.com

Closing Bell: Headwater Exploration Inc flat on Thursday (HWX)

July 17, 2023 | theglobeandmail.com

Closing Bell: Headwater Exploration Inc flat on Monday (HWX)

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/09/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: TSE:HWX
CUSIP: N/A
CIK: N/A
Web: www.headwaterexp.com
Phone: 587 391 3682
Fax: N/A
Employees: 35
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$9.13
High Stock Price Target: C$10.00
Low Stock Price Target: C$8.00
Potential Upside/Downside: +15.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.66
Trailing P/E Ratio: 12.02
Forward P/E Ratio: 9.67
P/E Growth: 0.83
Net Income: C$156.07 million
Net Margins: 36.68%
Pretax Margin: N/A
Return on Equity: 27.05%
Return on Assets: 15.70%

Debt

Debt-to-Equity Ratio: 0.14
Current Ratio: 1.64
Quick Ratio: 2.07

Sales & Book Value

Annual Sales: C$425.55 million
Price / Sales: 4.41
Cash Flow: C$0.98 per share
Price / Cash Flow: 8.06
Book Value: C$2.58 per share
Price / Book: 3.07

Miscellaneous

Outstanding Shares: 236,670,000
Free Float: N/A
Market Cap: C$1.88 billion
Optionable: Not Optionable
Beta: 1.60

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Key Executives

Mr. Neil Jack Roszell P.Eng. (Age 56)
Executive Chairman
Comp: $397.12k
Mr. Jason Jowill Jaskela P.Eng. (Age 46)
CEO, President & Director
Comp: $926.62k
Brad Christman
Chief Operating Officer
Mr. Dieter Deines P.Geo.
Vice President of Exploration
Mr. Edward Brown LLB
Corporate Secretary
Andrea Anita Creemer
Exploitation Engineer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

HWX Stock Analysis - Frequently Asked Questions

Should I buy or sell Headwater Exploration stock right now?: 5 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 4 buy ratings for the stock. The consensus among Wall Street research 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 target for 2024?: 5 brokerages have issued 12-month target prices for Headwater Exploration's shares. Their HWX share price targets range from C$8.00 to C$10.00. On average, they expect the company's stock price to reach C$9.13 in the next year. This suggests a possible upside of 15.1% 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 2024?: Headwater Exploration's stock was trading at C$6.25 at the beginning of the year. Since then, HWX stock has increased by 26.9% and is now trading at C$7.93.
View the best growth stocks for 2024 here.
When is Headwater Exploration's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
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, March, 7th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.18 by $0.01. The company had revenue of $138.43 million for the quarter. Headwater Exploration had a net margin of 36.68% and a trailing twelve-month return on equity of 27.05%.

How often does Headwater Exploration pay dividends? What is the dividend yield for Headwater Exploration?: Headwater Exploration announced a quarterly dividend on Thursday, March 7th. Shareholders of record on Friday, March 29th will be given a dividend of 0.10 per share on Monday, April 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date is Wednesday, March 27th.
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 5.17%. HWX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.61%. 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).
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.

This page (TSE:HWX) was last updated on 4/16/2024 by MarketBeat.com Staff

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Headwater Exploration (HWX) Stock Price, News & Analysis

Headwater Exploration MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Headwater Exploration Stock (TSE:HWX)

HWX Stock Price History

HWX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

HWX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™