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 ROE as of November 2024 (TTM) for Headwater Exploration Inc. (HWX.TO) is 30.08%

According to Headwater Exploration Inc.’s latest financial reports and current stock price. The company's current ROE is 30.08%. This represents a change of 299.72% compared to the average of 7.52% of the last 4 quarters.

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

How has HWX.TO ROE performed in the past?

The mean historical ROE of Headwater Exploration Inc. over the last ten years is 1.88%. The current 30.08% ROE has changed 1.50% with respect to the historical average. Over the past ten years (40 quarters), HWX.TO's ROE was at its highest in in the December 2016 quarter at 13.13%. The ROE was at its lowest in in the June 2016 quarter at -50.38%.

Quarterly (TTM)
Annual

Average

1.88%

Median

2.48%

Minimum

-31.23%

Maximum

29.84%

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

Discovering the peaks and valleys of Headwater Exploration Inc. ROE, 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 = 362.11%

Maximum Annual ROE = 29.84%

Minimum Annual Increase = -976.03%

Minimum Annual ROE = -31.23%

Quarterly (TTM)
Annual
YearROEChange
202325.56%-14.32%
202229.84%158.98%
202111.52%362.11%
20202.49%1.24%
20192.46%-976.03%
2018-0.28%-101.77%
201715.88%-150.84%
2016-31.23%20.30%
2015-25.96%126.15%
2014-11.48%-187.63%

Headwater Exploration Inc. (HWX.TO) Average ROE

How has HWX.TO ROE performed in the past?

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

3-year avg

22.31%

5-year avg

14.38%

10-year avg

1.88%

Headwater Exploration Inc. (HWX.TO) ROE vs. Peers

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

Headwater Exploration Inc.’s ROE is less than Tamarack Valley Energy Ltd. (9.89%), less than Gear Energy Ltd. (5.41%), less than Cardinal Energy Ltd. (12.73%), less than NuVista Energy Ltd. (16.10%), less than Enerplus Corporation (31.79%),

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