What is Headwater Exploration Inc. (CDDRF) stock price today?

Headwater Exploration Inc. (CDDRF) is currently trading at $9.19, up 0.24% today.

What is CDDRF P/E ratio?

Headwater Exploration Inc.'s P/E ratio is 22.52. This is between 15x and 30x, around the typical market average of roughly 18-22x.

What is CDDRF return on equity (ROE)?

Headwater Exploration Inc.'s return on equity (ROE) is 18.54%. ROE measures net income relative to shareholders' equity. This is above the typical market range of roughly 12-15%.

What is Headwater Exploration Inc.'s market cap?

Headwater Exploration Inc. has a market capitalization of $2.19B.

OTC · Oil & Gas Exploration & Production

Headwater Exploration Inc. (CDDRF) Stock

$9.19 +0.24% OTC: CDDRF Energy

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.

Valuation

Metric	Value
Price	$9.19
Market Cap	$2.19B
P/E Ratio	22.52
P/B Ratio	4.10
P/S Ratio	5.40
EPS (TTM)	$0.41
52-Week High	$10.09
52-Week Low	$4.77
Dividend Yield	3.70%

Financials & Margins

Metric	Value
ROE	18.54%
ROA	13.48%
ROCE	22.81%
Gross Margin	50.60%
Operating Margin	34.80%
Net Margin	24.12%
Debt/Equity	0.02
Current Ratio	0.98

Annual Financials (USD)

Metric	2021	2022	2023	2024	2025
Revenue	$191.0M	$458.0M	$426.0M	$620.0M	$514.0M
Operating Profit	$70.0M	$207.0M	$300.0M	$241.0M	$207.0M
Net Profit	$46.0M	$162.0M	$156.0M	$188.0M	$153.0M
EPS	$0.21	$0.70	$0.66	$0.80	$0.64
Op Margin	36.6%	45.2%	70.5%	38.9%	40.2%

Balance Sheet (USD)

Metric	2021	2022	2023	2024	2025
Total Assets	$489.0M	$735.0M	$836.0M	$953.0M	$994.0M
Total Liabilities	$91.0M	$191.0M	$226.0M	$253.0M	$247.0M
Cash	$115.0M	$175.0M	$146.0M	$143.0M	$102.0M
Borrowings	$2.0M	$1.0M	$1.0M	$3.0M	$14.0M

Latest News

HEADWATER EXPLORATION INC. ANNOUNCES RESULTS OF ANNUAL SHAREHOLDER MEETING CNW Group · May 20, 2026 Headwater Exploration Up 2.8% As Secures TSX Approval for Normal Course Issuer Bid MT Newswires · May 11, 2026 HEADWATER EXPLORATION INC. RECEIVES TORONTO STOCK EXCHANGE APPROVAL FOR RENEWAL OF NORMAL COURSE ISSUER BID CNW Group · May 11, 2026 RBC Lifts Price Targets of Headwater, Whitecap After Q1 Results MT Newswires · May 4, 2026 HEADWATER EXPLORATION INC. ANNOUNCES DIVIDEND INCREASE, FIRST QUARTER FINANCIAL RESULTS, GUIDANCE INCREASE AND DECLARATION OF QUARTERLY DIVIDEND CNW Group · Apr 30, 2026

Cash Flow (USD)

Metric	2021	2022	2023	2024	2025
Operating Cash Flow	$112.0M	$284.0M	$303.0M	$317.0M	$299.0M
Investing Cash Flow	$-250.0M	$-481.0M	$-484.0M	$-450.0M	$-415.0M
Financing Cash Flow	$0	$2.0M	$0	$2.0M	$-9.0M
Net Cash Flow	$38.0M	$61.0M	$-29.0M	$-3.0M	$-34.0M
Free Cash Flow	$-29.0M	$35.0M	$63.0M	$94.0M	$112.0M

Valuation & Return Ratios

Metric	Value
PEG Ratio	-0.71
EV / EBITDA	9.84
FCF Yield	2.16%
Quick Ratio	0.97
Interest Coverage	188.17
Return 1Y	80.50%
Return 3Y	96.17%
Return 5Y	277.49%

Ownership

Insiders Held4.61%

Institutions Held42.98%

Institutions Float Held45.05%

Institutional Holder	Shares	Report Date
Barometer Capital Management Inc.	328,200	2026-03-31

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
BIR.TOBirchcliff Energy Ltd.	$6.69	+3.24%	18.71	$1.80B	1.79%
IPO.TOInPlay Oil Corp.	$19.13	+12.33%	—	$492.72M	6.06%
KEL.TOKelt Exploration Ltd.	$11.00	-1.87%	40.74	$2.23B	0.00%
LTC.VLotus Creek Exploration Inc.	$4.12	+5.37%	—	—	0.00%
POU.TOParamount Resources Ltd.	$33.39	+10.23%	41.69	$4.68B	1.87%

About Headwater Exploration Inc.

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 headquartered in CA.

Headwater Exploration Inc. (CDDRF) stock trades at $9.19 with a market capitalization of $2.19B. The stock is valued at a price-to-earnings (P/E) ratio of 22.52, price-to-book of 4.10, price-to-sales of 5.40. Over the past 52 weeks the stock has ranged between $4.77 and $10.09, and currently trades 8.9% below its 52-week high. It pays a dividend yielding 3.70%.

On profitability, Headwater Exploration Inc. generates a return on equity (ROE) of 18.54%, above the typical market range of roughly 12-15%, return on capital employed of 22.81%, an operating margin of 34.80%, a net profit margin of 24.12%.

Official website: www.headwaterexp.com