Headwater Exploration Inc reports results for the quarter ended June 30 - Earnings Summary

Headwater Exploration

24/07/2026 18:25

Headwater Exploration Inc HWX.TO reported quarterly adjusted earnings of 36 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 16 cents.  The mean expectation of two analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results 
Revenue rose 30% to C$188.42 million from a year ago. 
Headwater Exploration Inc's reported EPS for the quarter was 36 cents​.
The company reported quarterly net income of C$85.42 million.
Headwater Exploration Inc shares had risen by 12.4% this quarter and gained 41.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 35.4% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy" 
Wall Street's median 12-month price target for Headwater Exploration Inc is C$15.50, about 14.2% above its last closing price of C$13.30
This summary was machine generated from LSEG data July 24 at 05:25 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.44
0.56
Beat
Mar. 31 2026 
0.33
0.17
Missed
Dec. 31 2025 
0.32
0.31
Missed
Sep. 30 2025 
0.31
0.36
Beat