Headwater Exploration Inc.

Toronto Stock Exchange HWX.TO

Headwater Exploration Inc. Gross Profit Margin for the year ending December 31, 2023: 45.43%

Headwater Exploration Inc. Gross Profit Margin is 45.43% for the year ending December 31, 2023, a -21.71% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Headwater Exploration Inc. Gross Profit Margin for the year ending December 31, 2022 was 58.03%, a 2.50% change year over year.
Headwater Exploration Inc. Gross Profit Margin for the year ending December 31, 2021 was 56.62%, a 10,875.25% change year over year.
Headwater Exploration Inc. Gross Profit Margin for the year ending December 31, 2020 was 0.52%, a -97.22% change year over year.
Headwater Exploration Inc. Gross Profit Margin for the year ending December 31, 2019 was 18.54%, a -64.42% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Toronto Stock Exchange: HWX.TO

Headwater Exploration Inc.

CEO	Mr. Jason Jowill Jaskela P.Eng.
IPO Date	Dec. 11, 1997
Location	Canada
Headquarters	500 – 4th Avenue SW
Employees	35
Sector	Energy
Industries Oil & Gas Offshore Drilling

Description

Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick. It holds interests in the McCully Field located to the northeast of Sussex, New Brunswick; the Clearwater play located in the Marten Hills, Alberta; and the Frederick Brook shale gas prospect located in New Brunswick. The company was formerly known as Corridor Resources Inc. and changed its name to Headwater Exploration Inc. in March 2020. Headwater Exploration Inc. is headquartered in Calgary, Canada.

Key trends

Past 5 years