Highpeak Energy，Inc Stock Price, News & Analysis

HighPeak Energy (NASDAQ: HPK) reported strong Q1 2025 financial results with sales volumes averaging 53.1 MBoe/d, up 6% from Q4 2024. The company posted net income of $36.3 million ($0.26/share) and EBITDAX of $197.3 million ($1.40/share). Key operational highlights include reduced lease operating expenses at $6.61/Boe, $10.7 million in free cash flow, and $30 million debt reduction. The company updated its 2025 production guidance to 48,000-50,500 Boe/d. Due to global economic uncertainty, HighPeak is moderating its development program by laying down one rig from May through August. The company maintains operational flexibility while focusing on efficiency improvements, having drilled 16 gross wells and completed 13 wells in Q1. A quarterly dividend of $0.04 per share was declared.

HighPeak Energy (NASDAQ: HPK) reported strong Q1 2025 financial results with sales volumes averaging 53.1 MBoe/d, up 6% from Q4 2024. The company posted net income of $36.3 million ($0.26/share) and EBITDAX of $197.3 million ($1.40/share). Key operational highlights include reduced lease operating expenses at $6.61/Boe, generated free cash flow of $10.7 million, and reduced long-term debt by $30 million. The company declared a quarterly dividend of $0.04 per share. Due to global economic uncertainty, HighPeak is moderating its development program by laying down one rig for four months (May-August), though maintaining its 2025 guided well count due to efficiency gains. The company updated its 2025 production guidance range to 48,000-50,500 Boe/d and maintained its capital expenditure guidance despite drilling four additional wells in Q1.

HighPeak Energy (NASDAQ: HPK) has scheduled the release of its 2025 first quarter financial and operating results for Monday, May 12, 2025, after market close. The company will follow up with an investor and analyst conference call on Tuesday, May 13, 2025, at 10:00 a.m. Central Time.

Interested participants can register for the conference call through the provided registration link. The company will offer multiple ways to access the earnings discussion:

• Audio-only webcast access
• Live broadcast on HighPeak's website (www.highpeakenergy.com) under the "Investors" section
• Replay options will be available

This announcement ensures stakeholders can participate in the quarterly earnings discussion and stay informed about the company's financial performance and operational highlights.

HighPeak Energy (NASDAQ: HPK) reported its Q4 and full-year 2024 financial results, showing significant growth and operational efficiency. 2024 highlights include:

- Average sales volumes of 50.0 MBoe/d, up 10% year-over-year
- Year-end proved reserves increased 29% to 199 MMBoe
- Net income of $95.1 million ($0.67 per diluted share)
- EBITDAX of $842.9 million ($6.01 per diluted share)
- Lease operating expenses reduced 17% to $7.23 per Boe

The company achieved significant debt reduction of $120 million, paid $0.16 per share in dividends, and repurchased over 2.4 million shares. For 2025, HighPeak plans to maintain a two-rig drilling program, focusing on capital discipline while keeping production flat and reducing capital expenditures by an additional 20%. The Board declared a quarterly dividend of $0.04 per share payable in March 2025 and extended the stock repurchase authorization of up to $75.0 million through December 2025.

HighPeak Energy (NASDAQ: HPK) has scheduled the release of its 2024 fourth quarter and yearend financial and operating results after market close on Monday, March 10, 2025. The company will host a conference call and webcast for investors and analysts on Tuesday, March 11, 2025, at 10:00 a.m. Central Time to discuss the results and operational highlights. The earnings call will be accessible via webcast on the company's website under the Investors section.

HighPeak Energy (NASDAQ: HPK) has announced a quarterly cash dividend of $0.04 per share on its common stock. The dividend will be paid on March 25, 2025 to stockholders of record as of March 3, 2025. HighPeak Energy is an independent crude oil and natural gas company based in Fort Worth, Texas, focusing on unconventional crude oil and natural gas reserves in the Midland Basin in West Texas.

HighPeak Energy (HPK) reported strong Q3 2024 results with sales volumes averaging 51,346 Boe/d (88% liquids), a 6% increase from Q2. The company posted net income of $49.9 million ($0.35 per diluted share) and EBITDAX of $214.3 million. Notable achievements include generating $36.1 million in free cash flow, reducing long-term debt by $30 million, and increasing 2024 production guidance by 10% to 48,000-51,000 Boe/d. The company maintained operational efficiency with two drilling rigs and one frac crew, completing 14 gross horizontal wells while reducing operational costs.

HighPeak Energy (NASDAQ: HPK) has announced the dates for its 2024 third quarter earnings release and conference call. The company plans to release its financial and operating results after the market closes on Monday, November 4, 2024. A conference call and webcast for investors and analysts will be held on Tuesday, November 5, 2024, at 10:00 a.m. Central Time to discuss the results and operational highlights.

Interested parties can register for the call through a provided link. A live audio-only webcast and replay of the earnings release conference call will be available, and a live broadcast can also be accessed on HighPeak Energy's website under the 'Investors' section.

HighPeak Energy (NASDAQ: HPK) reported strong Q2 2024 results, with average sales volumes of 48,531 Boe/d, up 15% year-over-year. The company generated net income of $29.7 million ($0.21 per diluted share) and EBITDAX of $215.8 million. HighPeak reduced long-term debt by $30 million, paid a $0.04 per share dividend, and repurchased over 413,000 shares.

The company increased its 2024 production guidance to 45,000-49,000 Boe/d and reduced lease operating expense guidance to $6.50-$7.50 per Boe. HighPeak's strategic process is progressing, with current production averaging over 52,000 Boe/d in Q3. The company has 137,000 acres with over 2,600 undrilled locations, including 1,100+ providing a 10% return at $50 per barrel.