Welcome to our dedicated page for Highpeak Energy，Inc news (Ticker: HPK), a resource for investors and traders seeking the latest updates and insights on Highpeak Energy，Inc stock.
HighPeak Energy, Inc. (HPK) is a publicly traded independent crude oil and natural gas company headquartered in Fort Worth, Texas and focused on unconventional reserves in the Midland Basin in West Texas. This news page aggregates company-issued updates and third-party coverage related to HighPeak’s operations, financial performance, capital structure and governance.
Readers can expect regular earnings and operating results announcements, where HighPeak reports sales volumes in barrels of oil equivalent per day, production mix between crude oil, natural gas liquids and natural gas, realized prices, costs per barrel of oil equivalent and non-GAAP measures such as EBITDAX, adjusted net income and free cash flow. These releases also describe drilling and completion activity, including the number of horizontal wells drilled and turned to sales and the level of rig and frac crew activity in the Midland Basin.
HighPeak’s news flow also includes capital markets and financing updates, such as amendments to its revolving credit agreement and term loan credit agreement, extensions of debt maturities, changes in borrowing capacity and proposed offerings of senior notes. The company frequently pairs these announcements with information about its commodity hedging program, detailing crude oil and natural gas swaps, collars and puts designed to manage price risk.
Investors following HPK news will also see corporate governance and leadership developments. In 2025, HighPeak reported the retirement of its then Chief Executive Officer and Chairman, the appointment of its President as Interim Chief Executive Officer and later as permanent Chief Executive Officer, and additional executive promotions in finance, business development and reserves and evaluations. The company also issues notices about quarterly dividend declarations on its common stock and conference call schedules for discussing results with investors and analysts.
By monitoring this news page, users can track how HighPeak communicates its operational performance, capital allocation decisions, debt management actions and leadership changes over time, all based on the company’s own press releases and related disclosures.
HighPeak Energy (NASDAQ: HPK) announced plans to offer $725 million in senior notes due 2030 through a private placement under Rule 144A and Regulation S of the Securities Act. The company intends to use the proceeds, along with borrowings from a new revolving credit facility, to fully repay its existing term loan credit agreement.
The notes will be offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. The offering is subject to market conditions and customary closing requirements. The notes will not be registered under the Securities Act and cannot be sold within the United States without registration or an applicable exemption.
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.