Headwater Exploration Inc. (HWX) to Distribute Quarterly Dividend of $0.12 on July 15th

by · The Markets Daily

Headwater Exploration Inc. (TSE:HWX – Get Free Report) announced a quarterly dividend on Tuesday, June 30th, TickerTech Dividends reports. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.12 per share on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Tuesday, June 30th.

Headwater Exploration Trading Up 0.3%

HWX opened at C$12.08 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.98 and a quick ratio of 2.07. The company has a market cap of C$2.87 billion, a price-to-earnings ratio of 20.83, a price-to-earnings-growth ratio of 0.83 and a beta of 0.58. The firm has a 50 day simple moving average of C$12.73 and a 200 day simple moving average of C$11.70. Headwater Exploration has a fifty-two week low of C$6.58 and a fifty-two week high of C$13.82.

Headwater Exploration (TSE:HWX – Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The company reported C$0.12 EPS for the quarter. The company had revenue of C$133.81 million during the quarter. Headwater Exploration had a return on equity of 18.54% and a net margin of 24.12%. On average, sell-side analysts anticipate that Headwater Exploration will post 0.6296296 earnings per share for the current year.

About Headwater Exploration

(Get Free Report)

Headwater Exploration Inc is an oil and gas exploration and development company. It is engaged in the exploration, development, and production of petroleum and natural gas onshore in McCully Field, New Brunswick and Marten Hills, Alberta. The firm generates substantial revenue from the sale of commodities which include crude oil, natural gas and natural gas liquids.

Featured Stories