Highpeak Energy，Inc Stock Price, News & Analysis

HighPeak Energy (HPK) reported strong second quarter 2021 results, with sales volumes increasing 66% to 8,783 Boe/d and EBITDAX rising 91% to $38.4 million. The company realized a price of $60.40 per Boe and initiated a quarterly dividend of $0.025 per share, alongside a special dividend of $0.075 per share. HighPeak also completed ten wells and signed contracts to enhance operational efficiency and reduce emissions. Additionally, the company has plans for significant growth in 2022, supported by increased drilling activity and infrastructure investments.

HighPeak Energy, Inc. (NASDAQ: HPK) plans to release its second quarter 2021 financial results on August 9, 2021, after trading closes. A conference call will follow on August 10, 2021, at 10:00 a.m. Central Time, where key financial results and operational highlights will be discussed. Participants can access the call by dialing specific numbers or through a live webcast on the company's website. HighPeak Energy focuses on oil and natural gas exploration in the Midland Basin, Texas.

HighPeak Energy (NASDAQ: HPK) announced that its Chairman and CEO, Jack Hightower, will present at the DUG Permian & Eagle Ford Conference on July 13, 2021, at 2:55 p.m. Central Time in Fort Worth, Texas. Investors can access presentation slides on the company's website.

HighPeak Energy is an independent oil and natural gas company focused on exploring and developing unconventional reserves in the Midland Basin, West Texas.

HighPeak Energy, Inc. (NASDAQ: HPK) announced a quarterly dividend of $0.025 per share and a special dividend of $0.075 per share, set to be paid on July 26, 2021, to stockholders of record by July 15, 2021. With approximately 92.7 million shares outstanding, the decision reflects the success of its drilling program. Chairman and CEO Jack Hightower highlighted expectations for future cash flow positivity and potential increases in dividends, given stable commodity prices and continued performance.

HighPeak Energy, Inc. (NASDAQ: HPK) announced significant updates on June 24, 2021, including an increase in its borrowing base to $125 million and an expected addition to the Russell 2000 and Russell 3000 indexes on June 28, 2021. Key highlights include a 10-year solar agreement projected to reduce over 100,000 metric tons of CO₂, production surpassing 10,000 Boe/d in June, and plans to add a second drilling rig. The company also hedged 2,500 barrels of oil per day at an average price of $62.41 per barrel.

HighPeak Energy, Inc. (NASDAQ: HPK) announced strong first quarter 2021 results, reporting a net income of $4.7 million and EBITDAX of $20.1 million. The company achieved record production of 5,290 Boe/d, a 270% increase year-over-year. Realized prices averaged $54.01 per Boe, alongside a cash operating margin of $45.83 per Boe. Key operational advancements included drilling six wells in the Flat Top area and entering long-term contracts with Delek US Holdings for oil gathering. The company ended the quarter with zero debt and $9.6 million in cash.

HighPeak Energy, Inc. (NASDAQ: HPK) has announced plans to release its first quarter 2021 financial results after market close on May 17, 2021. A conference call for investors and analysts will occur on May 18, 2021, at 10:00 a.m. Central Time. Participants can join by phone or access a live webcast on the company's website. HighPeak Energy focuses on the acquisition and development of oil and natural gas reserves in the Midland Basin, Texas.

HighPeak Energy, Inc. (NASDAQ: HPK) announced its financial and operational results for Q4 and full year 2020, following its business combination in August 2020. The company reported a 96% increase in proved reserves to 22.5 MMBoe, with a cash operating margin of $29.21 per Boe. Average production surged 386% YoY to 3,332 Boe/d, reaching approximately 7,800 Boe/d in mid-March 2021. The company aims for a 480% production increase for 2021, with capital expenditures between $135 million and $150 million to drill 20 to 24 wells. HighPeak emphasizes its low-cost structure and ESG commitments.