Headwater Exploration Inc. (CDDRF)
Headwater Exploration Inc. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $9.69, up 0.44% on the session, giving a market capitalisation of $2.30B. On trailing twelve-month figures it carries a trailing P/E of 17.38, a net margin of 27.9%. Its beta of 1.03 implies it has historically moved more than the broad market.
Headwater Exploration Inc. operates as an emerging junior resource company, primarily focused on the entire upstream process of discovering, developing, and extracting petroleum and natural gas. Its operational footprint spans the Western Canadian Sedimentary Basin and extends to onshore regions of New Brunswick. The company's asset portfolio encompasses various key interests: the McCully Field, situated northeast of Sussex in New Brunswick; the Clearwater play, located in Alberta's Marten Hills area; and the Frederick Brook shale gas prospect, also found in New Brunswick. Formerly known as Corridor Resources Inc., the firm adopted the name Headwater Exploration Inc. in March 2020. Its corporate headquarters are based in Calgary, Canada.
Headwater Exploration Inc. is most often compared with the following Energy names: