Headwater Exploration Inc (TO:HWX) — Market Cap & Net Worth
Market Cap & Net Worth: Headwater Exploration Inc (HWX)
Headwater Exploration Inc (TO:HWX) has a market capitalization of $2.18 Billion (CA$3.01 Billion) as of June 16, 2026. Listed on the TO stock exchange, this Canada-based company holds position #6023 globally and #196 in its home market, demonstrating a -2.09% 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 CA$12.66 by its total outstanding shares 237762877 (237.76 Million). Review HWX total liabilities to assess the company's total debt and financial obligations.
Headwater Exploration Inc Market Cap History: 2015 to 2026
Headwater Exploration Inc's market capitalization history from 2015 to 2026. Data shows growth from $68.57 Million to $2.18 Billion (38.60% CAGR).
Index Memberships
Headwater Exploration Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P TSX Composite Index (Canada)
GSPTSE
|
$3.82 Trillion | 0.06% | #159 of 225 |
Weight: Headwater Exploration Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
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
3.13x
Headwater Exploration Inc's market cap is 3.13 times its annual revenue
Latest Price to Earnings (P/E) Ratio
10.52x
Headwater Exploration Inc's market cap is 10.52 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 |
|---|---|---|---|---|---|
| 2016 | $85.34 Million | $13.54 Million | -$29.29 Million | 6.30x | N/A |
| 2017 | $92.96 Million | $7.67 Million | $17.74 Million | 12.11x | 5.24x |
| 2018 | $121.91 Million | $16.94 Million | -$314.00K | 7.19x | N/A |
| 2019 | $109.71 Million | $9.33 Million | $2.81 Million | 11.76x | 38.98x |
| 2020 | $364.20 Million | $9.50 Million | $6.71 Million | 38.34x | 54.30x |
| 2021 | $784.79 Million | $190.94 Million | $45.83 Million | 4.11x | 17.12x |
| 2022 | $917.85 Million | $458.38 Million | $162.11 Million | 2.00x | 5.66x |
| 2023 | $1.03 Billion | $425.55 Million | $156.07 Million | 2.42x | 6.60x |
| 2024 | $1.14 Billion | $619.80 Million | $188.03 Million | 1.83x | 6.05x |
| 2025 | $1.61 Billion | $514.29 Million | $153.21 Million | 3.13x | 10.52x |
Competitor Companies of HWX by Market Capitalization
Companies near Headwater Exploration Inc in the global market cap rankings as of June 16, 2026.
Key companies related to Headwater Exploration Inc by market ranking:
- ConocoPhillips (NYSE:COP): Ranked #170 globally with a market cap of $136.77 Billion USD.
- Canadian Natural Resources Ltd (TO:CNQ): Ranked #275 globally with a market cap of $92.96 Billion USD ( CA$128.51 Billion CAD).
- EOG Resources Inc (NYSE:EOG): Ranked #423 globally with a market cap of $65.92 Billion USD.
- Occidental Petroleum Corporation (NYSE:OXY): Ranked #509 globally with a market cap of $52.75 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #170 | ConocoPhillips | NYSE:COP | $136.77 Billion | $112.26 |
| #275 | Canadian Natural Resources Ltd | TO:CNQ | $92.96 Billion | CA$61.69 |
| #423 | EOG Resources Inc | NYSE:EOG | $65.92 Billion | $131.98 |
| #509 | Occidental Petroleum Corporation | NYSE:OXY | $52.75 Billion | $54.46 |
Headwater Exploration Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Headwater Exploration Inc's market cap moved from $68.57 Million to $ 2.18 Billion, with a yearly change of 38.60%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$2.18 Billion | +35.11% |
| 2025 | CA$1.61 Billion | +41.75% |
| 2024 | CA$1.14 Billion | +10.38% |
| 2023 | CA$1.03 Billion | +12.22% |
| 2022 | CA$917.85 Million | +16.95% |
| 2021 | CA$784.79 Million | +115.49% |
| 2020 | CA$364.20 Million | +231.95% |
| 2019 | CA$109.71 Million | -10.00% |
| 2018 | CA$121.91 Million | +31.14% |
| 2017 | CA$92.96 Million | +8.93% |
| 2016 | CA$85.34 Million | +24.45% |
| 2015 | CA$68.57 Million | -- |
End of Day Market Cap According to Different Sources
On Jun 16th, 2026 the market cap of Headwater Exploration Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.18 Billion USD |
| MoneyControl | $2.18 Billion USD |
| MarketWatch | $2.18 Billion USD |
| marketcap.company | $2.18 Billion USD |
| Reuters | $2.18 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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. The company was incorporat… Read more