Headwater Exploration Inc. (HWX.TO)
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 $13.38, down 0.30% on the session, giving a market capitalisation of $3.18B. Its beta of 1.03 implies it has historically moved more than the broad market.
Headwater Exploration Inc. is a smaller-scale resource firm primarily focused on discovering, developing, and extracting petroleum and natural gas. Its activities are concentrated within the Western Canadian Sedimentary Basin and onshore regions of New Brunswick. The company holds ownership stakes in several key projects, including the McCully Field, situated northeast of Sussex, New Brunswick; the Clearwater play in Alberta's Marten Hills area; and the Frederick Brook shale gas prospect, also located in New Brunswick. The company was formerly called Corridor Resources Inc. before officially changing its name to Headwater Exploration Inc. in March 2020. Its main corporate office is based in Calgary, Canada.
Headwater Exploration Inc. is most often compared with the following Energy names: