Headwater ExplorationFRA:C6V +2.10%76 Dividend Payout Ratio is 0.53 as of Mar. 2026, which is 9% below its 10-year median of 0.58. GuruFocus rates FRA:C6V with a GF Score™ of 76/100 and a GF Value™ of €5.55 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 436 Oil & Gas companies, Headwater Exploration ranks worse than 61.7% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Headwater Exploration's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.53.
The historical rank and industry rank for Headwater Exploration's Dividend Payout Ratio or its related term are showing as below:
FRA:C6V'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.58 Max: 0.69
Current: 0.69
During the past 13 years, the highest Dividend Payout Ratio of Headwater Exploration was 0.69. The lowest was 0.14. And the median was 0.58.
FRA:C6V's Dividend Payout Ratio is ranked worse than 61.7% of 436
companies
in the Oil & Gas industry
Industry Median: 0.5
vs FRA:C6V: 0.69
During the past 13 years, the highest Trailing Annual Dividend Yield of Headwater Exploration was 7.79%. The lowest was 1.55%. And the median was 5.47%.
During the past 12 months, Headwater Exploration's average Dividends Per Share Growth Rate was 7.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 63.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Headwater Exploration was 63.90% per year. The lowest was 63.90% per year. And the median was 63.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Headwater Exploration (FRA:C6V) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Headwater Exploration Dividend Payout Ratio Related Terms
Headwater Exploration Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Headwater Exploration's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:C6V vs COP, EOG, FANG: Dividend Payout Ratio Comparison
For the Oil & Gas E&P subindustry, Headwater Exploration's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Headwater Exploration Dividend Payout Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Headwater Exploration's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Headwater Exploration's Dividend Payout Ratio falls into.
Headwater Exploration Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Headwater Exploration's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Headwater Exploration (FRA:C6V) has a Dividend Payout Ratio of 0.53 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Headwater Exploration and its competitors. This is near median its historical median of 0.58. Over the past decade, Headwater Exploration's Dividend Payout Ratio has ranged from 0.14 to 0.69. According to the industry distribution chart, Headwater Exploration ranks #269 out of 436 companies in the Oil & Gas industry, placing it in the top 61.7%.
Is Headwater Exploration's Dividend Payout Ratio too high?
Headwater Exploration's current Dividend Payout Ratio of 0.53 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.69. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Headwater Exploration's value of 0.53 is 6% above this industry median. Based on the distribution chart, Headwater Exploration ranks #269 out of 436 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Headwater Exploration has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Headwater Exploration's Dividend Payout Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Headwater Exploration ranks #269 out of 436 companies for Dividend Payout Ratio. This places Headwater Exploration in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Headwater Exploration's value of 0.53 is 6% above this benchmark. Historically, Headwater Exploration's own Dividend Payout Ratio has ranged from 0.14 to 0.69 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.50, Headwater Exploration has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Headwater Exploration's current Dividend Payout Ratio of 0.53 is 6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Headwater Exploration and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headwater Exploration's current Dividend Payout Ratio is 0.53, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headwater Exploration stock overvalued right now?
Based on GuruFocus' analysis, Headwater Exploration (FRA:C6V) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.55, compared to a current price of €7.30 — trading 31.5% above its estimated fair value. The current Dividend Payout Ratio is 0.53, which is near median its 10-year median of 0.58 and 6% above the Oil & Gas industry median of 0.50. Headwater Exploration's overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Headwater Exploration (FRA:C6V), the current Dividend Payout Ratio is 0.53 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Headwater Exploration (FRA:C6V) Overvalued in 2026?
Based on GuruFocus' analysis, Headwater Exploration stock appears to be overvalued.
The current stock price of €7.30 is trading 31.5% above its estimated GF Value™ of €5.55.
GuruFocus considers Headwater Exploration to be Significantly Overvalued.
Key valuation signals for FRA:C6V:
Dividend Payout Ratio: 0.53 (near median its 10-year median of 0.58)
GF Value™: €5.55 vs. price of €7.30 (31.5% above fair value)
Industry Position: 6% above the Oil & Gas median (#269 of 436)
No single metric tells the full story. See the FRA:C6V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headwater Exploration Inc is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The company has high quality oil production, reserves, and lands in the prolific Clearwater play in the Marten Hills, Greater Peavine and Greater Nipisi areas of Alberta as well as low decline natural gas production and reserves in the McCully Field near Sussex, New Brunswick. Its core operating areas are Clearwater fairway, Alberta and McCully Field, New Brunswick.
76GF Score
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