Profile data is unavailable for this security.
About the company
Headwater Exploration Inc. is a Canada-based resource company engaged in the exploration, development and production of petroleum and natural gas in Canada. The Company’s majority of heavy oil production and reserves are located in the Clearwater/Falher formations in the Marten Hills, Greater Nipisi and Greater Peavine areas of Alberta, while the Company also has natural gas production and reserves in the McCully field near Sussex, New Brunswick. McCully Field is located approximately 10-kilometers (km) northeast of Sussex, New Brunswick in the farming community of Penobsquis. The Company owns and operates a natural gas processing plant, with a processing capacity of approximately 35 million standard cubic feet per day (mmscfpd), and a 50 km transmission line connected to the Maritimes and Northeast pipeline. The McCully Field is a winter-producing asset connected to the northeast United States gas market.
- Revenue in CAD (TTM)521.82m
- Net income in CAD172.80m
- Incorporated1995
- Employees34.00
- LocationHeadwater Exploration IncUnit 1400, 215 9 Avenue SWCALGARY T2P 1K3CanadaCAN
- Phone+1 (902) 429-4511
- Fax+1 (902) 429-4511
- Websitehttps://headwaterexp.com/
More ▼
Peer analysis
Key Information
- Key Information
- Stock Performance
- Per Share Data
- Efficiency
- Management Effectiveness
- Profitability
- Financial Strength
- Growth Rates
| Company | Revenue (TTM) | Net income (TTM) | Market cap | Employees | Price/earnings (TTM) | Price/book value (MRQ) | Price/cash flow (TTM) | Price/sales (TTM) | EPS (excl. extraordinary items, TTM) | EPS (incl. extraordinary items, TTM) | Revenue per share (TTM) | Book value per share (MRQ) | Asset turnover (TTM) | Inventory turnover (TTM) | Receivables turnover (TTM) | Revenues per employee (TTM) | Return on avg assets (TTM) | Return on avg assets (5 yr avg) | Return on investment (TTM) | Return on investment (5 yr avg) | Gross margin (TTM) | Gross margin (5 yr avg) | Net profit margin (TTM) | Net Profit margin (5 yr avg) | Quick ratio (MRQ) | Interest coverage (TTM) | Total debt to capital (MRQ) | Payout ratio (5 yr avg) | Revenue (YOY change %) | Revenue (5 yr growth rate) | Net income (YOY change %) | Net income (5 yr growth rate) | Capital expenditure (5 yr growth rate) | Dividend (5 yr growth rate) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Meren Energy Inc | 493.48m | 89.06m | 1.61bn | 25.00 | 13.16 | 1.34 | 5.34 | 3.26 | 0.181 | 0.181 | 0.8641 | 1.78 | 0.2641 | -- | 6.35 | 19,739,200.00 | 4.77 | -1.76 | 5.47 | -1.81 | 31.51 | -- | 18.05 | -- | 0.8588 | -- | 0.2924 | -- | -- | -- | -420.44 | -- | -26.32 | -- |
| Cardinal Energy Ltd (Alberta) | 451.27m | 76.53m | 1.63bn | 179.00 | 19.81 | 1.69 | 9.01 | 3.61 | 0.4745 | 0.4745 | 2.80 | 5.55 | 0.3401 | -- | 8.81 | 2,521,062.00 | 5.77 | 8.09 | 6.34 | 8.89 | -- | -- | 16.96 | 20.33 | -- | 21.95 | 0.1949 | 67.82 | 3.79 | 8.91 | 4.59 | -- | 23.28 | 36.85 |
| Kelt Exploration Ltd | 449.86m | 57.79m | 1.66bn | 62.00 | 28.89 | 1.48 | 7.27 | 3.70 | 0.2869 | 0.2869 | 2.24 | 5.60 | 0.3026 | -- | 12.03 | 7,255,839.00 | 3.89 | 1.42 | 4.17 | 1.53 | 56.44 | 61.27 | 12.85 | 4.23 | -- | -- | 0.1434 | 0.00 | -5.20 | 1.98 | -47.17 | 47.20 | 0.725 | -- |
| Advantage Energy Ltd | 624.92m | 60.57m | 1.80bn | 98.00 | 32.85 | 1.07 | 6.34 | 2.88 | 0.3282 | 0.3282 | 3.66 | 10.07 | 0.2127 | -- | 10.48 | 7,620,976.00 | 2.00 | 5.61 | 2.19 | 5.94 | 75.99 | 85.77 | 9.39 | 22.83 | -- | 25.14 | 0.331 | 0.00 | -2.31 | 15.00 | -78.62 | -- | 11.78 | -- |
| Birchcliff Energy Ltd | 666.34m | 72.92m | 1.90bn | 231.00 | 25.90 | 0.852 | 5.75 | 2.85 | 0.2672 | 0.2672 | 2.44 | 8.12 | 0.1966 | -- | 11.27 | 2,884,585.00 | 2.15 | 6.39 | 2.22 | 6.69 | 87.60 | 87.90 | 10.94 | 25.11 | -- | -- | 0.2227 | 42.41 | -14.17 | -0.1629 | 473.62 | -- | -1.62 | 30.67 |
| Spartan Delta Corp | 337.53m | 38.88m | 1.94bn | 70.00 | 49.65 | 3.19 | 11.47 | 5.75 | 0.195 | 0.195 | 1.75 | 3.04 | 0.3359 | -- | 11.19 | 4,821,857.00 | 3.87 | 32.14 | 5.26 | 38.81 | 71.17 | 79.09 | 11.52 | 62.18 | -- | 15.23 | 0.1737 | 99.32 | -55.74 | 180.42 | -94.83 | -- | 488.01 | -- |
| Parex Resources Inc | 1.23bn | 151.38m | 1.97bn | 448.00 | 13.15 | 0.763 | 4.66 | 1.61 | 1.57 | 1.57 | 12.55 | 26.97 | 0.3965 | 46.99 | 15.98 | 2,742,488.00 | 4.89 | 15.38 | 5.41 | 17.76 | 73.80 | 83.15 | 12.32 | 30.68 | 0.9853 | -- | 0.0078 | 23.08 | -7.24 | 2.12 | -86.79 | -28.64 | 11.10 | -- |
| Vermilion Energy Inc | 1.89bn | 66.25m | 2.45bn | 743.00 | 31.84 | 0.7733 | 3.20 | 1.29 | 0.4288 | -1.52 | 12.23 | 17.65 | 0.3143 | 16.50 | 8.18 | 2,545,997.00 | 1.10 | 2.26 | 1.20 | 2.54 | 67.54 | 69.62 | 3.50 | 6.29 | 0.7137 | 1.61 | 0.3286 | 41.88 | -5.56 | 1.65 | 80.33 | -- | 2.51 | -29.52 |
| Headwater Exploration Inc | 521.82m | 172.80m | 2.75bn | 34.00 | 15.96 | 3.67 | 9.12 | 5.27 | 0.7251 | 0.7251 | 2.19 | 3.15 | 0.5365 | 61.38 | 8.75 | 15,347,770.00 | 17.76 | 19.26 | 20.63 | 22.10 | 88.41 | 90.23 | 33.12 | 37.65 | 1.31 | 69.13 | 0.018 | 38.09 | 20.20 | 123.84 | 20.48 | 131.71 | 218.03 | -- |
| Freehold Royalties Ltd | 320.56m | 128.82m | 2.76bn | 98.00 | 20.95 | 2.67 | 11.65 | 8.62 | 0.8046 | 0.8046 | 1.98 | 6.31 | 0.2481 | -- | 6.99 | 3,271,041.00 | 9.97 | 10.18 | 10.21 | 10.57 | 96.34 | 97.57 | 40.19 | 41.78 | -- | 16.18 | 0.216 | 105.11 | -1.62 | 17.05 | 13.30 | 95.80 | -- | 11.38 |
| Baytex Energy Corp | 3.06bn | 214.63m | 3.57bn | 370.00 | 17.07 | 0.871 | 2.35 | 1.17 | 0.2783 | 0.2783 | 3.94 | 5.45 | 0.4018 | -- | 8.73 | 8,262,546.00 | 2.82 | 0.1211 | 3.08 | 0.1295 | 79.89 | 78.32 | 7.02 | 0.3127 | -- | 2.23 | 0.3246 | -- | 22.71 | 17.51 | 201.39 | -- | 18.76 | -- |
| Paramount Resources Ltd | 1.22bn | 1.38bn | 3.66bn | 455.00 | 2.71 | 1.35 | 2.16 | 3.01 | 9.34 | 9.34 | 8.30 | 18.74 | 0.2999 | -- | 9.27 | -- | 34.01 | 8.40 | 36.38 | 9.05 | 46.69 | 54.60 | 113.39 | 22.64 | -- | -- | 0.0098 | 46.53 | 3.08 | 18.13 | -28.56 | -- | 16.21 | -- |
Data as of Feb 13 2026. Currency figures normalised to Headwater Exploration Inc's reporting currency: Canadian Dollar CAD
27.70%Per cent of shares held by top holders
| Holder | Shares | % Held |
|---|---|---|
| Canoe Financial LPas of 31 Jan 2026 | 27.31m | 11.44% |
| Franklin ClearBridge Investment Managementas of 31 Dec 2025 | 6.26m | 2.62% |
| Dimensional Fund Advisors LPas of 05 Feb 2026 | 5.26m | 2.20% |
| Capital Research & Management Co. (World Investors)as of 31 Dec 2025 | 5.11m | 2.14% |
| QV Investors, Inc.as of 31 Dec 2025 | 4.12m | 1.73% |
| T. Rowe Price Associates, Inc. (IM)as of 05 Feb 2026 | 3.87m | 1.62% |
| American Century Investment Management, Inc.as of 05 Feb 2026 | 3.76m | 1.58% |
| Victory Capital Management, Inc. (Investment Management)as of 31 Dec 2025 | 3.58m | 1.50% |
| 1832 Asset Management LPas of 30 Nov 2025 | 3.48m | 1.46% |
| BlackRock Fund Advisorsas of 06 Feb 2026 | 3.40m | 1.42% |
More ▼
Data from 30 Sep 2025 - 31 Dec 2025Source: FactSet Research Systems Inc.
