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 Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q1 2024

Earnings data Q2 2024

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Earnings data Q4 2024

HighPeak Energy excels in Q4, eyes strategic growth opportunities

HighPeak Energy's exceptional performance in Q4 2022 reflects its commitment to balanced growth strategies and operational excellence. The company's focus on long-term value creation, coupled with its expansion plans and strong reserves growth, bodes well for its future prospects.

HighPeak Energy Inc focuses on financial strength and operational growth

HighPeak Energy Inc's Q1 2023 earnings call highlighted a strategic shift towards financial strength, operational improvements, and ESG integration. Anticipated free cash flow in 2024 provides flexibility for value creation and growth initiatives.

HighPeak Energy reports strong Q2 performance and strategic growth plans

HighPeak Energy's Q2 performance showcased robust production growth, positive free cash flow, and a focus on debt reduction and capital discipline.
The company's strengths in maintaining high-profit margins, cost-saving initiatives, and strategic asset focus position it well for future growth.
While facing challenges in managing costs and navigating production impacts, HighPeak Energy has opportunities to drive growth through operational efficiency and asset exploration.

HighPeak Energy excels in Q3 with record production and debt restructuring

HighPeak Energy's Q3 performance showcased operational excellence, financial strength, and strategic debt restructuring. With a focus on maintaining efficiency and capital discipline, the company aims to drive growth and shareholder value while ensuring financial stability.

HighPeak Energy reports transformative 2023 with positive cash flow

HighPeak Energy's disciplined operations, focus on shareholder value maximization, and strong financial performance in 2023 position the company for continued success. Despite challenges in Q4, the company's strategic initiatives and growth opportunities bode well for future performance. Maintaining operational efficiencies and capital discipline will be key to sustaining growth and maximizing shareholder value.

HighPeak Energy excels in Q3, raises guidance and emphasizes sustainability

HighPeak Energy's Q3 performance reflects operational strength, financial resilience, and strategic foresight. Despite challenges, the company remains well-positioned for growth and value creation. With a focus on efficiency, innovation, and sustainability, HighPeak Energy is poised for continued success in the energy sector.

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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.

Devon Energy

W&T Offshore

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HighPeak Energy, Inc. (NASDAQ:HPK ) Q2 2023 Results Conference Call August 8, 2023 11:00 AM ET Company Participants Steven Tholen - Chief Financial Officer Jack Hightower - Chairman and Chief Executive Officer Michael Hollis - President Ryan Hightower - Vice President of Business Development Conference Call Participants John White - Roth Capital Nicholas Pope - Seaport Research Jeff Robertson - Water Tower Operator Good day and thank you for standing by and welcome to the HighPeak Energy 2023 Second Quarter Earnings Call. At this time, all participants are in a listen-only mode.

HighPeak Energy, Inc. (HPK) Q2 2023 Earnings Call Transcript

HighPeak Energy, Inc. (HPK) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.78 per share a year ago.

HighPeak Energy, Inc. (HPK) Misses Q2 Earnings and Revenue Estimates

FORT WORTH, Texas, Aug. 07, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended June 30, 2023.

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

FORT WORTH, Texas, July 31, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (the “Company”) (NASDAQ: HPK) today announced that it plans to release its 2023 second quarter financial and operating results after the close of trading on Monday, August 7, 2023.

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

Its debt issues have cost HighPeak Energy, Inc. a stock offering. The debt issues may further cost a bank fee (or more) and a higher interest rate. None of this detracts significantly from a bright corporate future.

HighPeak Energy: Finance Bumps And Bruises

FORT WORTH, Texas, July 21, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (the “Company”) (NASDAQ: HPK) today announced the closing of its underwritten public offering of 14,835,000 shares of its common stock, which includes the underwriter's 30-day option to purchase up to 1,935,000 additional shares (the “Option”) which was exercised in full on July 20, 2023, par value $0.0001 per share (“common stock”), at a price to the public of $10.50 per share. The net proceeds to the Company from the offering, including the net proceeds from the shares of common stock sold pursuant to the Option, were approximately $151.2 million.

HighPeak Energy, Inc. Announces Closing of Underwritten Public Offering of Common Stock

Shares of HighPeak Energy Inc. HPK, -7.21% tumbled 13.8% in premarket trading Wednesday, after the Texas-based oil and gas company announced a public stock offering, which priced at a deep discount. The company announced the offering late Tuesday, then announced the pricing early Wednesday, saying the 12.9 million-share offering priced at $10.50 each.

HighPeak Energy's stock tumbles after public share offering prices at 18% discount

FORT WORTH, Texas, July 19, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (the “Company”) (NASDAQ: HPK) today announced the pricing of its underwritten public offering of 12,900,000 shares of its common stock, par value $0.0001 per share (“common stock”), at a price to the public of $10.50 per share. The gross proceeds to the Company from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $135.5 million. In connection with the offering, the Company also granted the underwriter a 30-day option to purchase up to an additional 1,935,000 shares of its common stock at the public offering price, less the underwriting discounts and commissions. The offering is expected to close on July 21, 2023, subject to customary closing conditions.

HighPeak Energy, Inc. Announces Pricing of Underwritten Public Offering of Common Stock

FORT WORTH, Texas, July 18, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (the “Company”) (NASDAQ: HPK) today announced that it has commenced an underwritten public offering of shares of its common stock, par value $0.0001 per share (“common stock”). The Company expects to grant the underwriter a 30-day option to purchase additional shares of its common stock at the public offering price, less the underwriting discounts and commissions. The Company intends to use the net proceeds from this offering for working capital and to otherwise enhance near-term liquidity.

HighPeak Energy, Inc. Announces Commencement of Underwritten Public Offering of Common Stock

NEW YORK , July 13, 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 this investigation, free of charge, please visit us at: https://pjlfirm.com/highpeak-energy-inc/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating HighPeak Energy, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

FORT WORTH, Texas, June 30, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today provided the following financing update.

HighPeak Energy, Inc. Announces Financing Update

FORT WORTH, Texas, June 12, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that it intends to offer (the “Offering”), subject to market and customary conditions, $575 million aggregate principal amount of senior notes due 2028 (the “Notes”) in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers.

HighPeak Energy, Inc. Announces Proposed Aggregate $575 Million Private Offering of Senior Notes

HighPeak Energy, Inc. went public at a time of very hostile industry conditions. The company came into being when it combined with a blank check company. Howard County appears to be an unusually profitable location.

HighPeak Energy: Safer Than Many New Issues

HighPeak Energy, Inc. (NASDAQ:HPK ) Q1 2023 Earnings Conference Call May 11, 2023 11:00 AM ET Company Participants Steven Tholen - Chief Financial Officer Jack Hightower - Chairman and Chief Executive Officer Michael Hollis - President Conference Call Participants Jeff Robertson - Water Tower Research Nicholas Pope - Seaport Research Operator Welcome to the HighPeak Energy 2023 First Quarter Earnings Call. At this time, all participants are in listen-only mode.

HighPeak Energy, Inc. (HPK) Q1 2023 Earnings Call Transcript

HighPeak Energy, Inc. (HPK) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.32 per share a year ago.

HighPeak Energy, Inc. (HPK) Q1 Earnings and Revenues Miss Estimates

FORT WORTH, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended March 31, 2023 and provided an updated development plan.

HighPeak Energy, Inc. Announces First Quarter 2023 Financial and Operating Results and Updated Development Plan

HighPeak Energy is projected to burn $331 million during 2023 at current $70 WTI oil strip. This would leave it with limited or no liquidity depending on how much its borrowing base is increased.

HighPeak Energy May Have To Reduce Its 2023 Development Plans

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) Earnings Expected to Grow: Should You Buy?

FORT WORTH, Texas, May 01, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (NASDAQ: HPK) (“HighPeak Energy”), today announced that it plans to release its 2023 first quarter financial and operating results after the close of trading on Wednesday, May 10, 2023.

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

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Strong Mid-Cap Insider Buys: Q1 2023

HighPeak Energy sold off due to trimming their production forecast. As with many companies, this was an overreaction. HPK has very strong fundamentals, including an 85% oil cut in their core area that enables 12,000' laterals.

HighPeak Energy: Ready To Rally, Catch It If You Can

Highpeak Energy, Inc. (NASDAQ:HPK ) Q4 2022 Earnings Conference Call March 7, 2023 11:00 AM ET Company Participants Steven Tholen - CFO Jack Hightower - Chairman & CEO Michael Hollis - President & Director Conference Call Participants Jeffrey Robertson - Water Tower Research John White - ROTH MKM Partners Operator Good day, and thank you for standing by. Welcome to the HighPeak Energy 2022 Fourth Quarter Earnings Conference Call.

Highpeak Energy, Inc. (HPK) Q4 2022 Earnings Call Transcript

HighPeak Energy, Inc. (HPK) delivered earnings and revenue surprises of -36.14% and 1.75%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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

FORT WORTH, Texas, March 06, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the fourth quarter 2022 and reaffirmed its 2023 outlook.

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