Brad Christman - Headwater Exploration Chief Officer

HWX Stock  CAD 7.22  0.02  0.28%   

Executive

Brad Christman is Chief Officer of Headwater Exploration
Address 215 9th Avenue SW, Calgary, AB, Canada, T2P 1K3
Phone587 391 3680
Webhttps://www.headwaterexp.com

Headwater Exploration Management Efficiency

The company has return on total asset (ROA) of 0.1676 % which means that it generated a profit of $0.1676 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2903 %, meaning that it generated $0.2903 on every $100 dollars invested by stockholders. Headwater Exploration's management efficiency ratios could be used to measure how well Headwater Exploration manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to 0.20. Also, Return On Capital Employed is likely to grow to 0.26. At this time, Headwater Exploration's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Fixed Asset Turnover is likely to grow to 0.72, while Other Current Assets are likely to drop about 907.5 K.
Headwater Exploration has accumulated 12.25 M in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Headwater Exploration has a current ratio of 2.5, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Headwater Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Headwater Exploration's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Headwater Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Headwater to invest in growth at high rates of return. When we think about Headwater Exploration's use of debt, we should always consider it together with cash and equity.

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Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick. Headwater Exploration Inc. is headquartered in Calgary, Canada. HEADWATER EXPLORATION operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 26 people. Headwater Exploration (HWX) is traded on Toronto Exchange in Canada and employs 35 people. Headwater Exploration is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Headwater Exploration Leadership Team

Elected by the shareholders, the Headwater Exploration's board of directors comprises two types of representatives: Headwater Exploration inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Headwater. The board's role is to monitor Headwater Exploration's management team and ensure that shareholders' interests are well served. Headwater Exploration's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Headwater Exploration's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tom Banks, Engineering Consultant
Jason PEng, President CEO
Edward LLB, Corporate Secretary
Neil PEng, Executive Chairman
Scott Rideout, VicePres Land
Brad Christman, Chief Officer
Jonathan PGeo, VicePres Exploration
Andrea Creemer, Exploitation Engineer
Dieter PGeo, Vice Exploration
Terry Danku, VP Engineering

Headwater Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Headwater Exploration a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Headwater Exploration

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Headwater Exploration position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Headwater Exploration will appreciate offsetting losses from the drop in the long position's value.

Moving against Headwater Stock

  0.33SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to Headwater Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Headwater Exploration when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Headwater Exploration - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Headwater Exploration to buy it.
The correlation of Headwater Exploration is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Headwater Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Headwater Exploration moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Headwater Exploration can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Headwater Stock

Headwater Exploration financial ratios help investors to determine whether Headwater Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Headwater with respect to the benefits of owning Headwater Exploration security.