Highpeak Energy，Inc Stock Price, News & Analysis

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.

HighPeak Energy (NASDAQ: HPK) provided an operational update, highlighting significant growth in its fourth quarter 2021 performance. Average daily sales volumes surged by approximately 77% to 90%, reaching 14,500 to 15,500 Boe per day, driven by 59 horizontal wells. Year-end 2021 proved reserves jumped 185% to 64.2 MMBoe with a PV-10 reserve value of around $1.5 billion. The company also announced a series of acquisitions to enhance production and a $225 million private placement of senior unsecured notes, aimed at funding its 2022 drilling program.

HighPeak Energy, Inc. (NASDAQ: HPK) has announced a private placement of $225 million in 10.0% senior unsecured notes due 2024, set to close on February 16, 2022. The funds will be allocated to its 2022 drilling program, debt repayment under its revolving credit facility, and associated fees. These notes will not be registered under the Securities Act, restricting their sale in the U.S. to qualified buyers and international investors. HighPeak, based in Fort Worth, Texas, specializes in oil and natural gas reserves in the Midland Basin.

HighPeak Energy, Inc. (NASDAQ: HPK) announced a quarterly dividend of $0.025 per share, reflecting the company’s commitment to returning value to shareholders. The dividend is set to be paid on February 25, 2022, to stockholders of record by February 1, 2022. HighPeak is focused on the acquisition and development of unconventional oil and natural gas reserves in the Midland Basin, Texas, emphasizing growth in its operational sector.

HighPeak Energy (NASDAQ: HPK) will join a fireside chat on November 22, 2021, at 2:00 p.m. ET, featuring CEO Jack Hightower and President Michael Hollis, moderated by Jeff Robertson of Water Tower Research. The discussion will cover the company's asset development program and the 2022 outlook. Interested parties can register to listen via the provided link. HighPeak Energy specializes in acquiring and developing oil and natural gas reserves in West Texas’s Midland Basin.

HighPeak Energy reported its Q3 2021 results with significant production growth, averaging 8,168 Boe/d, up to 15,500 Boe/d post-quarter. EBITDAX reached $33.3 million for Q3 and $91.8 million for nine months. The company successfully executed bolt-on acquisitions totaling 10,600 net acres, enhancing production. HighPeak declared dividends totaling $0.10 per share in 2021 and amended its credit facility to $195 million. With a robust outlook for 2022, the company aims for production rates of up to 42,000 Boe/d while maintaining capital expenses within $645-$700 million.

HighPeak Energy plans to release its Q3 2021 financial results on November 8, 2021. A conference call will follow on November 9, 2021, at 10:00 a.m. CT, for investors and analysts to discuss the results and operational highlights. Participants can join by calling (833) 362-0226 (U.S./Canada) or (914) 987-7683 (International) and using confirmation code 3399526. A live broadcast will be available on their website, with a replay posted post-call.