HWX.TO · Headwater Exploration Inc

-

Please sign in to comment on HWX.TO

1 Comment

Admin

3 years, 7 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.

ISIN	CA4220961078
Sector	Energy
Industry	Oil & Gas E&P
CurrencyCode	CAD
Exchange	TO

Market Cap	2B
PE Ratio	10.38
Beta	1.59
Dividend Yield	0.0%
Target Price	10.17

ABOUT

Headwater Exploration Inc

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 2020. Headwater Exploration Inc. is headquartered in Calgary, Canada.

HWX.TO · Headwater Exploration Inc

-

Headwater Exploration Inc

Earnings

Valuation

Cash Flow

Profitability

Performance

Backtest Headwater Exploration Inc using a moving average strategy