Headwater Exploration Inc
Headwater Exploration Inc. engages in the exploration, development, and production of petroleum and natural gas resources in Canada. It holds interest in the Marten Hills area located in Alberta; and the McCully Field area 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.… Read more
Market Cap & Net Worth: Headwater Exploration Inc (CDDRF)
Headwater Exploration Inc (PINK:CDDRF) has a market capitalization of $885.81 Million ($885.81 Million) as of March 19, 2026. Listed on the PINK stock exchange, this USA-based company holds position #8076 globally and #4151 in its home market, demonstrating a -18.82% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Headwater Exploration Inc's stock price $3.71 by its total outstanding shares 238762877 (238.76 Million).
Headwater Exploration Inc Market Cap History: 2015 to 2025
Headwater Exploration Inc's market capitalization history from 2015 to 2025. Data shows growth from $68.21 Million to $885.81 Million (30.62% CAGR).
Headwater Exploration Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Headwater Exploration Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.89x
Headwater Exploration Inc's market cap is 1.89 times its annual revenue
19.41x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
6.24x
Headwater Exploration Inc's market cap is 6.24 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $68.21 Million | $15.88 Million | -$31.88 Million | 4.30x | N/A |
| 2016 | $88.87 Million | $13.54 Million | -$29.29 Million | 6.56x | N/A |
| 2017 | $105.58 Million | $7.67 Million | $17.74 Million | 13.76x | 5.95x |
| 2018 | $123.77 Million | $16.44 Million | -$314.00K | 7.53x | N/A |
| 2019 | $114.96 Million | $9.33 Million | $2.81 Million | 12.32x | 40.84x |
| 2020 | $397.76 Million | $9.50 Million | $6.71 Million | 41.87x | 59.30x |
| 2021 | $865.32 Million | $190.94 Million | $45.83 Million | 4.53x | 18.88x |
| 2022 | $938.60 Million | $458.38 Million | $162.11 Million | 2.05x | 5.79x |
| 2023 | $1.08 Billion | $425.55 Million | $156.07 Million | 2.54x | 6.93x |
| 2024 | $1.17 Billion | $619.80 Million | $188.03 Million | 1.89x | 6.24x |
Competitor Companies of CDDRF by Market Capitalization
Companies near Headwater Exploration Inc in the global market cap rankings as of March 19, 2026.
Key companies related to Headwater Exploration Inc by market ranking:
- ConocoPhillips (NYSE:COP): Ranked #135 globally with a market cap of $137.70 Billion USD.
- Canadian Natural Resources Ltd (NYSE:CNQ): Ranked #198 globally with a market cap of $99.84 Billion USD.
- CNOOC Limited (SHG:600938): Ranked #205 globally with a market cap of $97.85 Billion USD ( CN¥717.93 Billion CNY).
- EOG Resources Inc (NYSE:EOG): Ranked #329 globally with a market cap of $65.92 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #135 | ConocoPhillips | NYSE:COP | $137.70 Billion | $122.87 |
| #198 | Canadian Natural Resources Ltd | NYSE:CNQ | $99.84 Billion | $48.98 |
| #205 | CNOOC Limited | SHG:600938 | $97.85 Billion | CN¥42.00 |
| #329 | EOG Resources Inc | NYSE:EOG | $65.92 Billion | $135.72 |
Headwater Exploration Inc Historical Marketcap From 2015 to 2025
Between 2015 and today, Headwater Exploration Inc's market cap moved from $68.21 Million to $ 885.81 Million, with a yearly change of 30.62%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $885.81 Million | -24.52% |
| 2024 | $1.17 Billion | +8.43% |
| 2023 | $1.08 Billion | +15.31% |
| 2022 | $938.60 Million | +8.47% |
| 2021 | $865.32 Million | +117.55% |
| 2020 | $397.76 Million | +245.98% |
| 2019 | $114.96 Million | -7.12% |
| 2018 | $123.77 Million | +17.23% |
| 2017 | $105.58 Million | +18.81% |
| 2016 | $88.87 Million | +30.28% |
| 2015 | $68.21 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Headwater Exploration Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $885.81 Million USD |
| MoneyControl | $885.81 Million USD |
| MarketWatch | $885.81 Million USD |
| marketcap.company | $885.81 Million USD |
| Reuters | $885.81 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.