HighPeak Energy Inc

HighPeak Energy, Inc. is an independent oil and natural gas company. engages in the acquisition, development and production of oil, natural gas and NGL reserves. The company's assets are primarily located in Howard County area of the Midland Basin. The company was founded on October 29, 2019 and is headquartered in Fort Worth, TX.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

HighPeak Energy targets positive free cash flow and sustainable growth

HighPeak Energy is proactively strengthening its financial position and aims to achieve positive free cash flow in Q3 2023. The company's commitment to financial discipline, focus on ESG initiatives, and plans for a four-rig program funded through operating cash flow demonstrate resilience and potential for future success. However, challenges related to shut-in days and managing the transition to a four-rig program will require careful navigation.

HighPeak Energy reports strong Q2 performance and outlines growth plans

HighPeak Energy's Q2 performance reflects strong production growth and positive free cash flow. The company is focused on maintaining peer-leading profit margins, enhancing liquidity, and reducing costs. With a clear plan to finance operations and develop economically potential formations, HighPeak Energy is poised for sustained growth and value creation.

HighPeak Energy achieves record production and strong financial performance

HighPeak Energy's Q3 2023 earnings call highlighted strong financial performance, a solid capital structure, and strategic plans for debt reduction and shareholder value creation. The company faces the challenge of balancing capital discipline with potential drilling program expansion, but also has opportunities for growth and increased profitability.

HighPeak Energy (HPK) reports robust Q4 performance and outlines growth strategies for 2024

HighPeak Energy's Q4 2023 Earnings Call highlighted strong financial performance, operational achievements, and strategic plans for 2024. The company's emphasis on free cash flow generation, debt reduction, and shareholder value underscores its commitment to sustainable growth and profitability amidst market challenges.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

HighPeak Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development and production of oil, natural gas and NGL reserves. The company's assets are primarily located in the Howard County area of the Midland Basin. The company was founded on October 29, 2019 and is headquartered in Fort Worth, TX.

HighPeak Energy (HPK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

HighPeak Energy, Inc. (HPK) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

FORT WORTH, Texas, April 24, 2024 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (NASDAQ: HPK) (“HighPeak Energy”), today announced that it plans to release its 2024 first quarter financial and operating results after the close of trading on Wednesday, May 8, 2024. HighPeak Energy will host a conference call and webcast on Thursday, May 9, 2024 at 10:00 a.m.

HighPeak Energy, Inc. Announces 2024 First Quarter Earnings Release and Conference Call Dates

Alphatec Hlds

Bumble

Crescent Energy

Schrodinger 

Tandem Diabetes Care

Zai Lab Ltd.

Small cap stocks like those discussed below tend to receive much less attention than their large cap competitors. Shares, which boast a market capitalization between $250 million and $2 billion, remain relatively small.

Shhh! 7 Small-Cap Stocks That Can Double by 2025

HighPeak Energy management's announcement of "strategic alternatives" negatively impacted the stock price, showing a lack of understanding of the current stock market. Management's attempt to increase production quickly led to issues with the debt market, causing frustration. Jack Hightower's successful track record in starting companies may not align with the current market's demand for shareholder returns and cash flow management.

HighPeak Energy: Strategic Alternatives

HighPeak Energy, Inc. (HPK) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.53 per share a year ago.

HighPeak Energy, Inc. (HPK) Tops Q4 Earnings Estimates

FORT WORTH, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter and the year ended December 31, 2023. In addition, HighPeak provided its 2024 guidance and capital budget, as approved by its Board of Directors.

HighPeak Energy, Inc. Announces Fourth Quarter and Yearend 2023 Financial and Operating Results and Provides 2024 Guidance

FORT WORTH, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (NASDAQ: HPK) (“HighPeak Energy”), today announced that it plans to release its 2023 fourth quarter and yearend financial and operating results after the close of trading on Wednesday, March 6, 2024.

HighPeak Energy, Inc. Announces 2023 Fourth Quarter and Yearend Earnings Release and Conference Call Dates

HighPeak Energy, Inc. (HPK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

HighPeak Energy, Inc. (HPK) to Report Q4 Results: Wall Street Expects Earnings Growth

Chevron

Magnolia Oil & Gas Corp

Shell PLC

Williams

CVX, WMB, MGY, HPK and SHEL are five energy companies that have pledged to raise their quarterly dividend payouts.

5 Oil & Gas Stocks That Recently Announced Dividend Hikes

FORT WORTH, Texas, Feb. 05, 2024 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced a 60 percent increase to its quarterly dividend to $0.04 per share and a $75 million share repurchase authorization.

HighPeak Energy, Inc. Announces Quarterly Dividend Increase and $75 Million Share Repurchase Authorization

Astria Therapeutics

Elicio Therapeutics Inc

Syros Pharmaceuticals

Unifi

Verrica Pharmaceuticals Inc

As the year wound to a close, biotechs were in focus among the notable insider purchases.

Here's What Insiders Are Buying to Wrap Up the Year

ConocoPhillips

Kinder Morgan

Phillips 66

Valero Energy

Let's address the giant pink elephant in the room regarding oil stocks to buy: hydrocarbon prices are falling like a rock. According to a recent CNBC article, U.S. crude oil fell below $70 a barrel, closing at the lowest level since June.

Oil and Turmoil: 7 Stocks to Capitalize on Geopolitical Moves

HighPeak Energy faced a troublesome covenant but managed to resolve the issue with its available resources. Smaller companies like HighPeak often rely heavily on a few key individuals, making them more vulnerable to unexpected personnel issues. The company plans to increase production, reduce debt, and prioritize rapid debt reduction to mitigate risks in the low visibility industry.

HighPeak Energy: Hot Water Escape

Blink Charging

Groupon

Sonic Automotive

Skillz

Trupanion

VinFast Auto Ltd

Few other phenomena scare bearish traders than an unexpected momentum shift that forces an awful decision, thereby imbuing the concept of short-squeeze stocks with unignorable leverage. After all, when bulls get things wrong, they generally risk their principal.

7 Short-Squeeze Stocks That Could Serve Up Serious Rewards

Coty

Alphabet

Howard Hughes Holdings Inc

Hilton Worldwide Holdings

Lyft

Uber

The article discusses sizable mid-cap insider purchases in Q3 of this calendar year. Insiders at Lyft, Inc, HighPeak Energy, Howard Hughes Holdings, and Coty, Inc have shown unusual interest in their own companies' stock, buying large amounts in the third quarter. After about three or four consecutive quarters of primarily discussing oil, gas, and regional bank stocks, the insider buying in those sectors appears to have slowed a bit.

Strong Mid-Cap Insider Buys: Q3 2023

NEW YORK , Nov. 9, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of HighPeak Energy, Inc. (NASDAQ: HPK). If you are a shareholder of HighPeak Energy, Inc. and are interested in obtaining additional information regarding your rights and options, free of charge, please visit us at: https://pjlfirm.com/highpeak-energy-inc/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of HighPeak Energy, Inc. (NASDAQ: HPK)

HighPeak Energy, Inc. (NASDAQ:HPK ) Q3 2023 Earnings Conference Call November 7, 2023 11:00 AM ET Company Participants Steven Tholen – Chief Financial Officer Jack Hightower – Chairman and Chief Executive Officer Mike Hollis – President Ryan Hightower – Vice President-Business Development Conference Call Participants John White – ROTH MKM Capital Jeff Robertson – Water Tower Research Nicholas Pope – Seaport Research Operator Good day and thank you for standing by. Welcome to the HighPeak Energy 2023 Third Quarter Earnings Call.

HighPeak Energy, Inc. (HPK) Q3 2023 Earnings Call Transcript

FORT WORTH, Texas, Nov. 06, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended September 30, 2023.

HighPeak Energy, Inc. Announces Third Quarter 2023 Financial and Operating Results

Analysts Estimate HighPeak Energy, Inc. (HPK) to Report a Decline in Earnings: What to Look Out for

FORT WORTH, Texas, Oct. 20, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (the “Company”) (NASDAQ: HPK) today announced that it plans to release its 2023 third quarter financial and operating results after the close of trading on Monday, November 6, 2023.

HighPeak Energy, Inc. Announces 2023 Third Quarter Earnings Release and Conference Call Dates

Euronet Worldwide

Hertz

NMI Hlds

Penn Entertainment

Sanmina-SCI

Viper Energy Partners LP

Uncovering under-the-radar stocks with the potential for significant gains has always been an intriguing quest for investors. The allure of identifying those hidden gems before they surge in value is both enticing and financially rewarding.

7 Under-the-Radar Stocks With Massive Upside for 2024

FORT WORTH, Texas, Oct. 10, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that, on October 10, 2023, its Board of Directors declared a quarterly dividend of $0.025 per share of common stock outstanding. The dividend will be paid November 22, 2023 to stockholders of record as of the close of business on November 1, 2023.

HighPeak Energy, Inc. Declares Quarterly Cash Dividend

InsiderTrades.com readers know that HighPeak Energy, Inc. NASDAQ: HPK insiders are buying in 2023. Purchasing has only been bullish for the last two years and spiked in Q2 following the announcement of a dilutive stock offering and a path to profitability.

HighPeak Energy, Inc. Insiders Continue To Buy

SAN DIEGO--(BUSINESS WIRE)---- $HPK #HighPeakEnergyInc--Robbins LLP is Investigating HighPeak Energy, Inc. (HPK) on Behalf of Shareholders.

HighPeak Energy, Inc. Investors: Robbins LLP is Investigating HPK on Behalf of Shareholders

HighPeak Energy, Inc. (HPK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

HighPeak Energy, Inc. (HPK) Surges 6.2%: Is This an Indication of Further Gains?

News for HighPeak Energy Inc Stock (HPK)