WhiteHawk Minerals Corp. (WHK) - Net Assets
Based on the latest financial reports, WhiteHawk Minerals Corp. (WHK) has net assets worth $425.81 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($585.04 Million) and total liabilities ($159.22 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset momentum of WhiteHawk Minerals Corp. to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $425.81 Million |
| % of Total Assets | 72.78% |
| Annual Growth Rate | 60.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 104.46 |
WhiteHawk Minerals Corp. - Net Assets Trend (2023–2025)
This chart illustrates how WhiteHawk Minerals Corp.'s net assets have evolved over time, based on quarterly financial data. See WhiteHawk Minerals Corp. net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for WhiteHawk Minerals Corp. (2023–2025)
The table below shows the annual net assets of WhiteHawk Minerals Corp. from 2023 to 2025. For live market cap and overall valuation, see market value of WhiteHawk Minerals Corp..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $208.75 Million | +195.82% |
| 2024-12-31 | $70.57 Million | -13.09% |
| 2023-12-31 | $81.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WhiteHawk Minerals Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1514600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $223.90 Million | 107.26% |
| Total Equity | $208.75 Million | 100.00% |
WhiteHawk Minerals Corp. Competitors by Market Cap
The table below lists competitors of WhiteHawk Minerals Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Farglory FTZ Investment Holding Co Ltd
TW:5607
|
$600.07 Million |
|
CHA Biotech Co. Ltd
KQ:085660
|
$600.43 Million |
|
Puyang Huicheng Electronic Material Co Ltd
SHE:300481
|
$600.90 Million |
|
Hangzhou Shenhao Technology Co Ltd
SHE:300853
|
$601.02 Million |
|
Ningbo Shenglong Automotive Powertrain System Co Ltd
SHG:603178
|
$599.87 Million |
|
Ceigall India
NSE:CEIGALL
|
$599.85 Million |
|
Korea District Heating Corp
KO:071320
|
$599.49 Million |
|
Korea Investment Holdings Co Ltd
KO:071055
|
$599.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WhiteHawk Minerals Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 70,567,000 to 208,754,000, a change of 138,187,000 (195.8%).
- Net loss of 26,925,000 reduced equity.
- Dividend payments of 19,539,000 reduced retained earnings.
- Share repurchases of 75,405,000 reduced equity.
- New share issuances of 248,091,000 increased equity.
- Other factors increased equity by 11,965,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-26.93 Million | -12.9% |
| Dividends Paid | $19.54 Million | -9.36% |
| Share Repurchases | $75.41 Million | -36.12% |
| Share Issuances | $248.09 Million | +118.84% |
| Other Changes | $11.96 Million | +5.73% |
| Total Change | $- | 195.82% |
Book Value vs Market Value Analysis
This analysis compares WhiteHawk Minerals Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.73x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.98x to 1.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $3.75 | $26.15 | x |
| 2024-12-31 | $3.26 | $26.15 | x |
| 2025-12-31 | $15.09 | $26.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WhiteHawk Minerals Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.79%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.43x
- Recent ROE (-12.90%) is below the historical average (-8.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 4.73% | 48.13% | 0.05x | 1.84x | $-4.28 Million |
| 2024 | -16.38% | -83.36% | 0.08x | 2.35x | $-18.62 Million |
| 2025 | -12.90% | -36.79% | 0.14x | 2.43x | $-47.80 Million |
Industry Comparison
This section compares WhiteHawk Minerals Corp.'s net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $746,855,052
- Average return on equity (ROE) among peers: 5.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WhiteHawk Minerals Corp. (WHK) | $425.81 Million | 4.73% | 0.37x | $599.98 Million |
| Antero Midstream Partners LP (AM) | $142.86 Million | 0.00% | 0.21x | $10.41 Billion |
| CBL International Limited Ordinary Shares (BANL) | $4.86 Million | 59.23% | 3.85x | $12.00 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $340.19 Million | 9.33% | 0.00x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $125.13 Million | -65.77% | 1.46x | $284.93 Million |
| BW LPG Limited (BWLP) | $1.60 Billion | 13.91% | 0.60x | $3.30 Billion |
| Cheniere Energy Partners LP (CQP) | $-227.52 Million | 0.00% | 0.00x | $29.93 Billion |
| Cheniere Energy Partners LP (CQP) | $-253.34 Million | 0.00% | 0.00x | $25.77 Billion |
| DHT Holdings Inc (DHT) | $1.03 Billion | 15.64% | 0.45x | $2.56 Billion |
| Dynagas LNG Partners LP (DLNG) | $473.23 Million | 13.03% | 0.66x | $136.80 Million |
| DT Midstream Inc (DTM) | $4.23 Billion | 7.38% | 0.97x | $12.24 Billion |
About WhiteHawk Minerals Corp.
WhiteHawk Minerals Corp. focuses on natural gas mineral and royalty business in the United States. Its assets are primarily in the Marcellus and Haynesville Shales, which are located in the Appalachian and Haynesville Basins. The company was formerly known as WhiteHawk Income Corporation and changed its name to WhiteHawk Minerals Corp. in June 2026. The company was incorporated in 2022 and is bas… Read more