WHKWhiteHawk Minerals Corp
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -15% · now 8% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can WHK take a bad year?
WhiteHawk Minerals Corp carries $55M of net debt at 1.87× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.87×
Net debt / EBITDA
- Interest cover
- 0.02×
Interest cover · operating profit does not cover the interest bill
- Annualised volatility
- 27%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $68M
- Cash and short-term investments
- $13M
- Net debt
- $55M
- EBITDA, trailing twelve months
- $29M
- Operating profit, trailing twelve months
- $269K
- Debt / equity
- 0.18×
- Total debt / EBITDA
- 2.32×
- Annualised volatilitytwo years of daily moves
- 27%
- Worst drawdown on file
- −15%
- Below its 52-week high
- 7.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Midstream
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