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, Inc. (HPK) announced its Q2 2022 results, reporting an 83% increase in net sales volumes to 21,995 Boe/d, primarily driven by a significant acquisition of 18,600 net acres from Hannathon Petroleum. Pro forma EBITDAX for the quarter was approximately $155 million, with net income of $77.6 million, a 150% rise from Q1. The company increased its borrowing base from $138.8 million to $400 million. Additionally, HighPeak plans to sustain a six-rig drilling program through 2022 and mitigate costs via local sand projects and electrification, enhancing operational efficiency.
HighPeak Energy, Inc. (NASDAQ: HPK) announced plans to release its second quarter 2022 financial and operational results on August 8, 2022, after trading hours. A conference call will be held on August 9, 2022, at 10:00 a.m. Central Time to discuss the results and operational highlights. Investors can access the call through HighPeak Energy’s website or via a registered link. This event is crucial for stakeholders to evaluate the company's performance and future outlook in the competitive oil and gas sector.
HighPeak Energy, Inc. (NASDAQ: HPK) declared a quarterly dividend of $0.025 per share, set to be paid on August 25, 2022, to shareholders on record by the close of business on August 1, 2022. This decision reflects the company's ongoing commitment to provide returns to its investors. HighPeak, based in Fort Worth, Texas, specializes in the acquisition and development of oil and natural gas reserves in the Midland Basin, solidifying its position within the energy sector.
HighPeak Energy, Inc. (NASDAQ: HPK) has successfully closed the acquisition of Howard County assets from Hannathon Petroleum, LLC on June 27, 2022. The cash component of the deal was approximately $237 million, with equity consideration set at around 3.5 million shares of Common Stock. This acquisition is expected to enhance HighPeak's operational presence in the Signal Peak region, promoting development and efficiency improvements. Additionally, the company's bank group, led by Fifth Third Bank, has increased its borrowing base to $400 million, reflecting enhanced financial support for future growth.
HighPeak Energy, Inc. reported first quarter 2022 results, showing average net production exceeding 28,000 Boe/d after the Hannathon acquisition. This marks a substantial increase from 12,052 Boe/d in Q1 2022. The company targets six drilling rigs and forecasts 2023 production between 62,000 and 72,000 Boe/d. Despite a net loss of $16.5 million, EBITDAX reached $51.1 million. Capital expenditures are projected at $825-$900 million. The company maintains flexibility in its capital plan amidst ongoing global uncertainties.
HighPeak Energy (NASDAQ: HPK) announced it will release its first quarter 2022 financial results after market close on May 16, 2022. A conference call is scheduled for May 17, 2022, at 10:00 a.m. CT to discuss these results and operational highlights. Investors can join the call by dialing (833) 362-0226 from the US or (914) 987-7683 internationally, using confirmation code 8847326. A live broadcast will be available on the company's website, with a replay accessible afterward.
HighPeak Energy, Inc. (NASDAQ: HPK) announced its acquisition of Howard County assets from Hannathon Petroleum for $255 million in cash and approximately 3.78 million shares. This strategic move is expected to enhance HighPeak's growth strategy, adding 150 net locations and 18,600 acres to its holdings around Signal Peak. The company anticipates improved cash flow and production growth, with projected average production rising to 32,000 – 37,500 Boe/d in 2022. The acquisition, which is expected to close in Q3 2022, demonstrates HighPeak's commitment to expanding its market presence.
HighPeak Energy, Inc. (NASDAQ: HPK) announced a quarterly dividend of $0.025 per share on April 13, 2022. This dividend is set to be paid on May 25, 2022, to shareholders registered by the close of business on May 2, 2022. The company, based in Fort Worth, Texas, specializes in the acquisition and development of oil and natural gas reserves in the Midland Basin of West Texas, emphasizing its commitment to generating returns for its investors.
HighPeak Energy, Inc. (HPK) reported strong fourth quarter 2021 results, with production increasing by 81% to 14,881 Boe/d. The year-end PV-10 reserve value surged to approximately $1.5 billion, with proved reserves rising 185% to 64.2 MMBoe. The company plans to operate four drilling rigs and is actively acquiring new properties, adding about 9,500 net acres. HighPeak's financials showed EBITDAX of $72.4 million for Q4 2021 and net income of $37 million. The company remains flexible amid fluctuating market conditions and is positioned for growth despite geopolitical uncertainties.
HighPeak Energy, Inc. (NASDAQ: HPK) will announce its 2021 financial results on March 7, 2022, after market close. This includes the fourth-quarter performance and full-year results. A conference call is scheduled for March 8, 2022, at 10:00 a.m. CT where management will discuss the results and operational highlights. Investors can participate via phone or listen to the live webcast on the company’s website. HighPeak Energy focuses on oil and natural gas reserves in the Midland Basin, West Texas.