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Headwater Exploration Inc.

Headwater Exploration Inc.

CDDRF
Headwater Exploration Inc.US flagOther OTC
9.17
USD
- -
- -
2.18BMarket Cap
Headwater Exploration Inc.
CDDRF
(Other OTC)

Recent

price

9.17

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.34
0.27
0.17
0.24
0.26
0.18
0.15
0.09
0.19
0.11
0.07
0.96
2.02
2.17
2.62
2.6
2.68
Revenue per Share
-0.08
-0.9
-0.54
0.25
-0.2
-0.36
-0.33
0.2
- -
0.03
0.05
0.23
0.71
0.66
0.8
0.64
0.78
Basic EPS, GAAP
-0.08
0.11
0.06
0.1
-0.07
0.08
0.04
-0.02
0.09
0.1
-0.23
0.56
1.25
1.29
1.34
1.25
1.3
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.4
0.4
0.43
0.41
Dividend per Share
0.22
2.12
1.57
1.83
1.63
1.27
0.94
1.14
1.13
1.16
1.79
1.89
2.31
2.51
2.91
3.1
3.05
Book Value per Share
3.07
2.2
1.68
1.93
1.74
1.38
1.06
1.26
1.26
1.29
1.93
1.99
2.39
2.59
2.96
3.15
3.09
Tangible Book Value per Share
88
88
88
88
89
89
89
89
89
88
139
200
227
236
236
238
238
Basic Weighted Avg Shares
30
24
15
22
23
16
14
8
17
9
9
191
458
511
620
618
637
Sales/Revenue/Turnover
-26.93
-39.22
-55.21
8.88
9.6
3.25
-7.88
-19.4
32.5
-19.59
-98.41
36.46
45.17
35.13
38.65
33.43
38.13
Operating Margin (%)
19
17
11
9
9
5
5
3
5
5
6
44
79
120
125
127
129
Depreciation Expense
-7
-80
-48
22
-18
-32
-29
18
- -
3
7
46
162
156
188
153
185
Net Income, GAAP
- -
- -
- -
25.16
- -
- -
- -
- -
- -
21.1
- -
9.95
23.42
23.11
23.41
24.16
23.27
Effective Tax Rate (%)
-23.38
-331.7
-323.68
103.84
-76.15
-200.8
-216.31
231.16
-1.85
30.16
70.61
24
35.37
30.53
30.34
24.78
28.99
Profit Margin (%)
4
10
10
17
21
26
29
47
57
65
71
90
109
79
79
30
65
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
1
2
1
2
LT Debt
270
195
149
171
154
123
94
112
112
114
269
398
543
610
699
748
735
Total Equity
- -
- -
- -
0.9
- -
- -
- -
- -
- -
-1.27
- -
18.75
33.1
23.16
27.17
21.35
26.48
Return on Invested Capital (%)
- -
- -
- -
15.03
- -
- -
- -
- -
- -
2.77
- -
14.67
35.93
28.13
29.42
21.53
27.3
Return on Capital (%)
-33.1
-77.1
-29.34
14.91
-11.57
-24.85
-29.98
19.29
-0.31
2.77
3.8
14.61
35.88
27.93
29.38
21.49
27.08
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
238
238
238
Market Capitalization
1,564
1,521
1,624

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
208
187
185
Cash, Cash Equivalents & STI
143
126
125
Accounts Receivable, Net
59
59
52
Inventories
1
1
1
Total Current Liabilities
129
115
121
Payables & Accruals
125
112
118
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.15%
23.67%
6.96%
Free Cash Flow
-144.53%
-56.73%
-6.19%
Net Income, GAAP
-29.34%
167.05%
-18.52%
Sales/Revenue/Turnover
210.23%
416.54%
-0.25%
Total Cash Common Dividend
- -
- -
7.83%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
134
164
158
163
620
2025
170
145
151
- -
618
2026
177
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.23
0.2
- -
0.8
2025
0.21
0.16
- -
- -
0.64
2026
0.15
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.1
0.1
- -
0.4
2025
0.1
0.11
- -
- -
0.43
2026
0.11
- -
- -
- -
- -
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Business
Headwater Exploration Inc. is a Canadian junior resource firm dedicated to the exploration, development, and production of petroleum and natural gas. The company's operations are concentrated within the Western Canadian Sedimentary Basin, notably in Alberta's prolific Clearwater play spanning the Marten Hills, Greater Peavine, and Greater Nipisi regions, as well as the McCully Field in New Brunswick. They also hold interests in the Frederick Brook shale gas prospect in New Brunswick. Headwater prioritizes efficient, low-cost operations, particularly in its heavy oil assets, and actively employs secondary recovery techniques to enhance production and extend asset life. Formerly known as Corridor Resources Inc., the company adopted the Headwater Exploration Inc. name in March 2020 and maintains its headquarters in Calgary, Canada.

Company News

APIChatGPT

  • seekingalpha.com

    Headwater Exploration: The Earnings Report May Announce A Strategy Change

  • seekingalpha.com

    Headwater Exploration: A License To Print Money

  • seekingalpha.com

    Headwater Exploration: Profits Continue To Roll In

  • defenseworld.net

    Headwater Exploration (OTCMKTS:CDDRF) Shares Up 1.2% – Here’s What Happened

  • seekingalpha.com

    Headwater Exploration: Production Maintenance Goal For 2026

  • seekingalpha.com

    Headwater Exploration: Costs Continue To Decline As Exploration Success Continues

  • seekingalpha.com

    Headwater Exploration: Production Guidance Adjusted Upwards As Costs Decline Again

  • seekingalpha.com

    Headwater Exploration: Cash Flow Takes A Step Backwards

  • seekingalpha.com

    High Profit And Low Debt Could Transform Headwater Exploration Into The Next Oil Star

  • seekingalpha.com

    Headwater Exploration: Growth Continues With A Big Quarter

  • seekingalpha.com

    Headwater Exploration: Another Record Year For The Company

  • seekingalpha.com

    Headwater Exploration: An Update That Strengthens The Investment Case

  • seekingalpha.com

    Headwater Exploration: 2025 Guidance Review

  • seekingalpha.com

    Headwater Exploration: Relatively Strong Earnings Comparison

  • seekingalpha.com

    Headwater Exploration: The Growth Story Continues

  • seekingalpha.com

    Headwater Exploration: Cash Rolls In As Earnings Climb 77% Per Share

  • seekingalpha.com

    Headwater Exploration: Slower Growth But More Profits Ahead

  • seekingalpha.com

    Logan Energy: Experienced Management Is The Big Advantage

  • seekingalpha.com

    Headwater Exploration: Slower Growth Ahead

  • seekingalpha.com

    Headwater Exploration: Succession Takes Center Stage