Companies/Headwater Exploration Inc.
Company profile

Headwater Exploration Inc.

OTC: CDDRF · Energy · Oil & Gas Exploration & Production
Canadian filerHQ Calgary, ABReports USD
#165 of 504 Energy companies by revenuebottom-quartile growth
EA Score
71B
Revenue TTM
$483.8M
Rev growth YoY (TTM)
+6.1%
Net income (FY)
$109.5M
Employees
35
as of 2026-08-09
Market cap
$2.2B
as of 2026-08-09

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$367.6M513.9M CAD2025
Net income$109.5M153.1M CAD2025
Operating income$147.7M206.5M CAD2025
Total assets$725.5M994.4M CAD2025
Liabilities$180.1M246.8M CAD2025
Equity$545.4M747.5M CAD2025

Revenue trend

FY2018 – FY2025 · USD
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

What is Headwater Exploration Inc.’s revenue?

Headwater Exploration Inc. booked $367.6M in FY2025 revenue, contracting 19% year over yearslower than 80% of Energy companies we track, at a 29.8% net margin.

Key facts
CEOJason Jowill Jaskela
SectorEnergy
IndustryOil & Gas Exploration & Production
HeadquartersCalgary, AB
ExchangeOTC: CDDRF
Employees35
IPO date2009-02-13
Latest filings

No filings loaded — no CIK (non-SEC filer).

Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.