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) 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.
HighPeak Energy (NASDAQ: HPK) reported strong production and financial updates as of October 28, 2021. The company anticipates an average production of 15,000 barrels of oil equivalent per day (Boe/d) in late October, a significant increase from Q3's 8,168 Boe/d. It successfully closed multiple bolt-on acquisitions, adding 10,600 net acres. Additionally, HighPeak raised its borrowing base to $195 million, reflecting positive lender confidence. An underwritten public offering of 2,530,000 shares generated approximately $25.3 million in gross proceeds, aimed at funding growth initiatives.
HighPeak Energy, Inc. (NASDAQ: HPK) has priced its public offering of 2,200,000 shares at $10.00 each, aiming to raise around $20.2 million after expenses. A 30-day option for underwriters to buy an additional 330,000 shares is included. The funds will support general corporate purposes, notably accelerating drilling and funding acquisitions. The offering is set to close on October 25, 2021, pending customary conditions. Roth Capital Partners is the lead manager for this offering.