NYSE : WHK
WhiteHawk Minerals Corp. — Financial statements
Energy · Oil & Gas Exploration & Production · United States
Last price 26.25 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 723.07M
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Financial statements
WhiteHawk Minerals Corp. (WHK) reported revenue of 76.74M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Operating Revenue | 75.16M | 50.08M | 12.70M | 7.18M |
| Other Revenue | 1.58M | 872.00K | 1.17M | 805.00K |
| Revenue | 76.74M | 50.95M | 13.87M | 7.98M |
| Gross Profit | 76.74M | 50.95M | 13.87M | 7.98M |
| Selling, General & Admin | 31.86M | 19.15M | 7.47M | 5.20M |
| Other Operating Expenses | -20.47M | -16.65M | 4.42M | -10.12M |
| Operating Expenses | 46.31M | 26.74M | 22.72M | 1.54M |
| Operating Income | 30.43M | 24.21M | -8.85M | 6.45M |
| Interest Expense | -24.01M | -19.07M | -3.94M | -1.13M |
| EBT Excluding Unusual Items | 6.42M | 5.14M | -12.79M | 5.32M |
| Merger & Restructuring Charges | -7.40M | -7.40M | ||
| Gain (Loss) on Sale of Assets | -123.00K | -123.00K | ||
| Other Unusual Items | -23.42M | -3.84M | -359.00K | |
| Pretax Income | -24.52M | -6.22M | -13.15M | 5.32M |
| Income Tax Expense | 11.02M | -2.64M | -1.59M | 1.47M |
| Net Income | -35.43M | -3.58M | -11.56M | 3.84M |
| Preferred Dividends & Other Adjustments | 7.34M | 7.34M | 5.27M | 829.00K |
| Net Income to Common | -42.77M | -10.93M | -16.83M | 3.01M |
| Shares Outstanding (Basic) | 13.82M | 8.38M | 4.34M | 3.66M |
| Shares Outstanding (Diluted) | 13.82M | 8.38M | 4.34M | 3.66M |
| EPS (Basic) | -3.09 | -1.30 | -3.88 | 0.82 |
| EPS (Diluted) | -3.09 | -1.30 | -3.88 | 0.82 |
| Free Cash Flow | -12.93M | -101.77M | -20.95M | -79.11M |
| Free Cash Flow Per Share | -0.94 | -12.15 | -4.83 | -21.63 |
| Dividend Per Share | 1.98 | 1.87 | 1.87 | 1.87 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | 39.65% | 47.51% | -63.82% | 80.76% |
| Profit Margin | -55.73% | -21.45% | -121.34% | 37.75% |
| Free Cash Flow Margin | -16.84% | -199.75% | -151.03% | -990.91% |
| EBITDA | 65.35M | 48.44M | 1.98M | 12.90M |
| EBITDA Margin | 85.16% | 95.09% | 14.26% | 161.57% |
| D&A For EBITDA | 34.92M | 24.24M | 10.83M | 6.45M |
| EBIT | 30.43M | 24.21M | -8.85M | 6.45M |
| EBIT Margin | 39.65% | 47.51% | -63.82% | 80.76% |
| Effective Tax Rate | 27.71% | |||
| Revenue as Reported | 97.21M | 67.59M | 9.45M | 18.10M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 13.23M | 28.99M | 5.33M | 4.21M |
| Cash & Short-Term Investments | 13.23M | 28.99M | 5.33M | 4.21M |
| Receivables | 8.64M | 10.18M | 4.04M | 2.50M |
| Prepaid Expenses | 59.00K | |||
| Other Current Assets | 10.68M | 6.76M | 338.00K | 6.94M |
| Total Current Assets | 32.55M | 45.92M | 9.70M | 13.71M |
| Property, Plant & Equipment | 477.85M | 460.86M | 155.08M | 135.52M |
| Other Long-Term Assets | 7.89M | 353.00K | 1.13M | 35.00K |
| Total Assets | 518.29M | 507.14M | 165.92M | 149.27M |
| Accounts Payable | 9.02M | 1.18M | 1.27M | 948.00K |
| Accrued Expenses | 3.30M | 1.16M | 1.23M | 2.06M |
| Current Portion of Long-Term Debt | 6.28M | 6.50M | ||
| Current Portion of Leases | 179.00K | 176.00K | ||
| Current Income Taxes Payable | 731.00K | |||
| Other Current Liabilities | 10.84M | 7.52M | 2.40M | |
| Total Current Liabilities | 23.34M | 16.30M | 11.40M | 3.74M |
| Long-Term Debt | 68.07M | 227.99M | 56.28M | 19.44M |
| Long-Term Leases | 31.00K | 121.00K | ||
| Long-Term Deferred Tax Liabilities | 21.33M | 1.59M | ||
| Other Long-Term Liabilities | 16.21M | 4.99M | 6.44M | 89.00K |
| Total Liabilities | 107.65M | 270.72M | 74.13M | 24.86M |
| Additional Paid-In Capital | 333.79M | 223.90M | 82.13M | 81.19M |
| Retained Earnings | -55.30M | -15.15M | -11.56M | |
| Total Common Equity | 278.49M | 208.75M | 70.57M | 81.19M |
| Shareholders' Equity | 410.64M | 236.42M | 91.79M | 124.41M |
| Total Liabilities & Equity | 518.29M | 507.14M | 165.92M | 149.27M |
| Total Debt | 68.28M | 234.56M | 62.78M | 19.44M |
| Net Cash (Debt) | -55.05M | -205.57M | -57.45M | -15.23M |
| Net Cash Per Share | -3.98 | -24.54 | -13.24 | -4.16 |
| Filing Date Shares Outstanding | 23.80M | 14.64M | 4.59M | 3.66M |
| Total Common Shares Outstanding | 23.80M | 14.64M | 4.59M | 3.66M |
| Working Capital | 9.21M | 29.62M | -1.70M | 9.97M |
| Book Value Per Share | 11.70 | 14.26 | 15.37 | 22.20 |
| Tangible Book Value | 278.49M | 208.75M | 70.57M | 81.19M |
| Tangible Book Value Per Share | 11.70 | 14.26 | 15.37 | 22.20 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -35.43M | -3.58M | -11.56M | 3.84M |
| Depreciation & Amortization | 34.92M | 24.24M | 10.83M | 6.45M |
| Other Amortization | 876.00K | 744.00K | 316.00K | 116.00K |
| Loss (Gain) From Sale of Assets | 123.00K | 123.00K | ||
| Stock-Based Compensation | 1.59M | 179.00K | ||
| Other Operating Activities | 15.52M | -7.79M | 11.91M | -3.39M |
| Change in Accounts Receivable | 5.35M | -562.00K | -1.53M | 375.00K |
| Change in Accounts Payable | 7.84M | -836.00K | 327.00K | -985.00K |
| Change in Other Net Operating Assets | -6.54M | 1.07M | -834.00K | 100.00K |
| Operating Cash Flow | 24.25M | 13.58M | 9.45M | 6.51M |
| Capital Expenditures | -37.17M | -115.34M | -30.39M | -85.63M |
| Cash Acquisitions | -1.83M | -194.62M | ||
| Investing Cash Flow | -41.89M | -309.96M | -30.39M | -85.63M |
| Long-Term Debt Issued | 186.00M | 65.00M | 20.00M | |
| Long-Term Debt Repaid | -13.30M | -20.00M | ||
| Net Debt Issued (Repaid) | -197.46M | 172.70M | 45.00M | 20.00M |
| Issuance of Common Stock | 278.32M | 169.74M | 9.61M | 19.67M |
| Repurchase of Common Stock | -981.00K | -267.00K | -436.00K | -126.00K |
| Preferred Dividends Paid | -7.90M | -7.07M | -5.11M | -829.00K |
| Common Dividends Paid | -12.74M | -12.47M | -8.04M | -5.69M |
| Dividends Paid | -20.64M | -19.54M | -13.15M | -6.52M |
| Other Financing Activities | -8.37M | -5.81M | -2.33M | -675.00K |
| Financing Cash Flow | 17.92M | 320.04M | 22.06M | 76.39M |
| Net Cash Flow | 273.00K | 23.66M | 1.12M | -2.72M |
| Free Cash Flow | -12.93M | -101.77M | -20.95M | -79.11M |
| Free Cash Flow Margin | -16.84% | -199.75% | -151.03% | -990.91% |
| Free Cash Flow Per Share | -0.94 | -12.15 | -4.83 | -21.63 |
| Levered Free Cash Flow | -94.59M | -20.95M | ||
| Unlevered Free Cash Flow | -83.41M | -18.81M | ||
| Cash Interest Paid | 24.16M | 19.12M | 3.78M | 1.24M |
| Cash Income Tax Paid | 2.64M | 745.00K | 877.00K | 685.00K |
| Change in Working Capital | 6.65M | -330.00K | -2.04M | -510.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 690.84M | |||
| Enterprise Value | 745.89M | |||
| Debt / Equity Ratio | 0.17 | 0.99 | 0.68 | 0.16 |
| Debt / EBITDA Ratio | 1.04 | 4.84 | 31.76 | 1.51 |
| Net Debt / Equity Ratio | 0.13 | 0.87 | 0.63 | 0.12 |
| Net Debt / EBITDA Ratio | 0.84 | 4.24 | 29.06 | 1.18 |
| Net Debt / FCF Ratio | -4.26 | -2.02 | -2.74 | -0.19 |
| Asset Turnover | 0.15 | 0.09 | ||
| Quick Ratio | 0.94 | 2.40 | 0.82 | 1.80 |
| Current Ratio | 1.40 | 2.82 | 0.85 | 3.67 |
| Return on Equity (ROE) | -2.18% | -10.70% | ||
| Return on Assets (ROA) | 4.50% | -3.51% | ||
| Return on Invested Capital (ROIC) | 6.67% | 8.19% | -6.13% | 3.34% |
| Return on Capital Employed (ROCE) | 6.10% | 4.90% | -5.70% | 4.40% |
| Payout Ratio | 169.61% | |||
| Buyback Yield / Dilution | -277.96% | -93.04% | -18.68% |