Headwater Exploration Inc.

Toronto Stock Exchange HWX.TO

Headwater Exploration Inc. Return on Assets (ROA) for the year ending December 31, 2023: 18.66%

Headwater Exploration Inc. Return on Assets (ROA) is 18.66% for the year ending December 31, 2023, a -15.42% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Headwater Exploration Inc. Return on Assets (ROA) for the year ending December 31, 2022 was 22.06%, a 135.33% change year over year.
Headwater Exploration Inc. Return on Assets (ROA) for the year ending December 31, 2021 was 9.38%, a 320.32% change year over year.
Headwater Exploration Inc. Return on Assets (ROA) for the year ending December 31, 2020 was 2.23%, a 1.64% change year over year.
Headwater Exploration Inc. Return on Assets (ROA) for the year ending December 31, 2019 was 2.19%, a 975.74% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

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 Drilling Fracking Gas Mining Offshore Drilling Oil Sands Petrochemicals

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