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. (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.
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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.
HighPeak Energy, Inc. (NASDAQ: HPK) announced it will release its fourth quarter 2020 and full year financial results on March 15, 2021, post-market close. A conference call will follow on March 18, 2021, at 10:00 a.m. Central Time, to discuss the results and provide insights into recent activities and its 2021 operating plan. Interested parties can participate via phone or attend a live webcast on the HighPeak Energy website. The company focuses on the acquisition and development of oil and natural gas in the Midland Basin, Texas.
HighPeak Energy reported a 96% increase in proved reserves to 22.5 MMBoe by year-end 2020, comprising 84% oil, 6% natural gas, and 10% natural gas liquids. Proved developed reserves rose 107% to 10.3 MMBoe, with a PV-10 value of $235 million, up 67% from 2019. Despite the capital program suspension for half of 2020, production increased from 3,300 to over 6,000 barrels equivalent per day. The company aims to boost production with additional horizontal wells and has reduced drilling costs.
HighPeak Energy (NASDAQ: HPK) reported its third-quarter results for 2020, highlighting a net loss of $11.5 million or $0.13 per diluted share. The company raised $102 million through a business combination, resulting in 91.5 million shares outstanding. Production resumed in late July 2020, averaging 3,200 BOE per day. HighPeak initiated completion activities on twelve drilled uncompleted wells and began a one-rig drilling program. The company ended the quarter with $54.9 million in cash and no debt, aiming to exceed 10,000 BOE per day production by early 2021.
HighPeak Energy, Inc. (NASDAQ: HPK) has announced the upcoming release of its third quarter 2020 operational and financial results, which will take place after the market closes on Monday, November 9, 2020. The company, located in Fort Worth, Texas, is focused on the acquisition and development of unconventional oil and natural gas reserves in the Midland Basin of West Texas. This release is expected to provide insights into the company's financial health and operational performance during the quarter.