Headwater Exploration Inc. (TSX: HWX)

Market Cap	1.75B
Revenue (ttm)	495.30M
Net Income (ttm)	163.71M
Shares Out	237.49M
EPS (ttm)	0.69
PE Ratio	10.51
Forward PE	9.91
Dividend	0.40 (5.41%)
Ex-Dividend Date	Jun 28, 2024

Volume	405,632
Open	7.32
Previous Close	7.25
Day's Range	n/a
52-Week Range	5.88 - 8.57
Beta	1.61
Analysts	n/a
Price Target	9.50 (+28.55%)
Earnings Date	Aug 1, 2024

About Headwater Exploration

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.

• Industry: Oil & Gas E&P
• Sector: Energy
• CEO: Jason Jowill Jaskela P.Eng.
• Employees: 35
• Stock Exchange: Toronto Stock Exchange
• Ticker Symbol: HWX

Financial Performance

In 2023, HWX's revenue was 425.55 million, a decrease of -7.16% compared to the previous year's 458.38 million. Earnings were 156.07 million, a decrease of -3.72%.