Headwater Exploration Inc. engages in the exploration, development, and production of petroleum and natural gas resources in Canada. It holds interest in the Marten Hills area located in Alberta; and the 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. The company was incorporated in 1996 and is based in Calgary, Canada.
Research context
Headwater Exploration Inc appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Energy
- Industry
- Oil & Gas E&P
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5 years, 6 months ago
Headwater Exploration Inc is currently in a long term uptrend where the price is trading 30.4% above its 200 day moving average.
From a valuation standpoint, the stock is 87.2% cheaper than other stocks from the Energy sector with a price to sales ratio of 62.1.
Headwater Exploration Inc's total revenue rose by 186.8% to $7M since the same quarter in the previous year.
Its net income has increased by 1069.2% to $17M since the same quarter in the previous year.
Finally, its free cash flow fell by 8152.3% to $-36M since the same quarter in the previous year.
Based on the above factors, Headwater Exploration Inc gets an overall score of 4/5.