HWX:CA:TSX-Headwater Exploration Inc (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 6.53

Change

+0.32 (+5.15)%

Market Cap

CAD 1.26B

Volume

1.70M

Avg Analyst Target

CAD 6.95 (+6.43%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Headwater Exploration Inc (HWX) Stock Analysis:
Based on the Headwater Exploration Inc stock forecasts from 4 analysts, the average analyst target price for Headwater Exploration Inc is CAD 6.95 over the next 12 months. Headwater Exploration Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Headwater Exploration Inc is Neutral, which is based on 5 positive signals and 6 negative signals. At the last closing, Headwater Exploration Inc’s stock price was CAD 6.53. Headwater Exploration Inc’s stock price has changed by +0.80% over the past week, +1.62% over the past month and +125.95% over the last year.

About

Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in Western Canadian Sedimentary Basin. The company explores for petroleum and natural gas onshore in New Brunswick. It holds interest in the ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-01-17 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CNQ:CA Canadian Natural Resources Lim..

+0.96 (+1.47%)

CAD76.71B 13.16 5.60
CNU:CA CNOOC Limited

N/A

CAD58.77B 5.65 0.75
TOU:CA Tourmaline Oil Corp

+0.74 (+1.63%)

CAD14.93B 8.24 4.96
OVV:CA Ovintiv Inc

-0.45 (-0.87%)

CAD13.55B 3.13 21.22
ARX:CA ARC Resources Ltd

+0.42 (+3.09%)

CAD9.59B 32.17 5.39
WCP:CA Whitecap Resources Inc

+0.22 (+2.52%)

CAD5.54B 2.53 2.02
CPG:CA Crescent Point Energy Corp

+0.04 (+0.48%)

CAD4.84B 2.13 0.87
MEG:CA MEG Energy Corp

+0.04 (+0.28%)

CAD4.37B 35.92 8.18
ERF:CA Enerplus Corporation

+0.31 (+2.07%)

CAD3.82B 3.80 38.02
POU:CA Paramount Resources Ltd

+0.56 (+2.13%)

CAD3.70B 8.15 7.46

ETFs Containing HWX:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 26.80% 83% B 98% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 26.80% 83% B 98% A+
Trailing 12 Months  
Capital Gain 125.95% 42% F 97% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 125.95% 38% F 97% A+
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 93.16% 87% B+ 97% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 93.16% 85% B 97% A+
Risk Return Profile  
Volatility (Standard Deviation) 112.19% 44% F 6% F
Risk Adjusted Return 83.04% 100% A+ 84% B
Market Capitalization 1.26B 64% D 69% D+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 36.75 12% F 14% F
Price/Book Ratio 3.64 10% F 22% F
Price / Cash Flow Ratio 5,467.09 2% F 0% N/A
EV/EBITDA 16.90 12% F 28% F
Management Effectiveness  
Return on Equity 15.45% 60% D- 77% C+
Return on Invested Capital -1.08% 57% F 36% F
Return on Assets 13.46% 85% B 93% A
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 0.78 76% C 62% D-
Short Percent 1.43% 39% F 55% F
Beta 1.41 91% A- 27% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector