Headwater Exploration Inc. (TSX: HWX)

Market Cap	1.78B
Revenue (ttm)	495.30M
Net Income (ttm)	163.71M
Shares Out	237.38M
EPS (ttm)	0.69
PE Ratio	10.91
Forward PE	9.91
Dividend	0.40 (5.31%)
Ex-Dividend Date	Mar 27, 2024

Volume	221,469
Open	7.64
Previous Close	7.62
Day's Range	7.53 - 7.68
52-Week Range	5.88 - 8.57
Beta	1.63
Analysts	n/a
Price Target	9.57 (+27.09%)
Earnings Date	Aug 1, 2024

About Headwater Exploration

Headwater 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 20...

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• CEO: Mr. Jason Jowill Jaskela P.Eng.
• Country: Canada
• 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%.