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 an independent oil and natural gas company focused on developing unconventional reserves in Texas' Midland Basin. This page provides investors and industry professionals with centralized access to official press releases, financial updates, and operational developments.
Key resources include: Earnings reports detailing production metrics, acquisition announcements, regulatory filings, and strategic partnership updates. Users gain insights into the company's drilling programs, asset management strategies, and responses to energy market trends.
Bookmark this page to track HPK's progress in optimizing its Howard County operations and managing commodity price exposure. Check regularly for new developments about reserve estimates, infrastructure investments, and environmental compliance initiatives relevant to oil & gas exploration.
HighPeak Energy, Inc. (NASDAQ: HPK) announced a quarterly dividend of $0.025 per share, set to be paid on May 25, 2023, to shareholders on record as of May 1, 2023. This decision underscores the company's commitment to returning value to its shareholders while maintaining a focus on its operations in the Midland Basin in West Texas. HighPeak is engaged in the acquisition, development, exploration, and exploitation of unconventional oil and natural gas reserves, contributing to its growth strategy.
HighPeak Energy, Inc. (NASDAQ: HPK) reported robust financial results for Q4 2022, highlighting an average sales volume of 37,348 Boe/d, a 42% increase from Q3 2022. The company's EBITDAX was $220.9 million for the quarter and $577.1 million for the full year, showing strong cash margins of $62.52 per Boe. Year-end proved reserves surged 92% to 123.0 MMBoe, with a PV-10 value of approximately $3.9 billion. The company plans to average 4-5 drilling rigs in 2023 and maintain flexibility in its capital plan amid economic uncertainties. HighPeak also declared a quarterly dividend of $0.025 per share in January 2023.
FAQ
What is the current stock price of Highpeak Energy，Inc (HPK)?
What is the market cap of Highpeak Energy，Inc (HPK)?
