Headwater Exploration Inc.

Headwater Exploration Inc.verified

HWX.TO

Price:

$6.9

Market Cap:

$1.64B

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.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

1997-12-11

Stock Exchange

TSX

Ticker

HWX.TO

The PE Ratio as of November 2024 (TTM) for Headwater Exploration Inc. (HWX.TO) is 8.85

According to Headwater Exploration Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 8.85. This represents a change of -3.70% compared to the average of 9.19 of the last 4 quarters.

Headwater Exploration Inc. (HWX.TO) Historical PE Ratio (quarterly & annually)

How has HWX.TO PE Ratio performed in the past?

The mean historical PE Ratio of Headwater Exploration Inc. over the last ten years is -11.73. The current 8.85 PE Ratio has changed -7644.70% with respect to the historical average. Over the past ten years (40 quarters), HWX.TO's PE Ratio was at its highest in in the June 2021 quarter at 46.91. The PE Ratio was at its lowest in in the September 2014 quarter at -170.29.

Quarterly (TTM)
Annual

Average

-11.73

Median

5.90

Minimum

-225.99

Maximum

49.67

Headwater Exploration Inc. (HWX.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Headwater Exploration Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 119.49%

Maximum Annual PE Ratio = 49.67

Minimum Annual Increase = -6559.76%

Minimum Annual PE Ratio = -225.99

Quarterly (TTM)
Annual
YearPE RatioChange
20239.4313.65%
20228.30-63.03%
202122.45-54.79%
202049.67119.49%
201922.63-110.01%
2018-225.99-6559.76%
20173.50-306.48%
2016-1.6935.55%
2015-1.25-71.27%
2014-4.35-185.59%

Headwater Exploration Inc. (HWX.TO) Average PE Ratio

How has HWX.TO PE Ratio performed in the past?

The current PE Ratio of Headwater Exploration Inc. (HWX.TO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

13.40

5-year avg

22.50

10-year avg

-11.73

Headwater Exploration Inc. (HWX.TO) PE Ratio vs. Peers

How is HWX.TO’s PE Ratio compared to its peers?

Headwater Exploration Inc.’s PE Ratio is less than Tamarack Valley Energy Ltd. (11.22), less than Gear Energy Ltd. (10.53), greater than Cardinal Energy Ltd. (8.72), greater than NuVista Energy Ltd. (6.88), less than Enerplus Corporation (10.20),

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