HighPeak Energy (HPK) Expected to Announce Quarterly Earnings on Monday

HighPeak Energy (NASDAQ:HPK - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Monday, May 12th. Analysts expect HighPeak Energy to post earnings of $0.33 per share and revenue of $255.33 million for the quarter.

HighPeak Energy (NASDAQ:HPK - Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.07). The business had revenue of $234.81 million during the quarter, compared to analyst estimates of $247.32 million. HighPeak Energy had a net margin of 15.94% and a return on equity of 14.83%. The company's revenue was down 22.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.66 earnings per share. On average, analysts expect HighPeak Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

HighPeak Energy Trading Down 4.2 %

Shares of NASDAQ:HPK traded down $0.35 during midday trading on Monday, reaching $7.98. The company's stock had a trading volume of 54,648 shares, compared to its average volume of 304,200. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 6.29 and a beta of 0.99. The business has a 50 day moving average price of $10.73 and a 200 day moving average price of $13.04. HighPeak Energy has a 1 year low of $7.82 and a 1 year high of $17.48. The company has a quick ratio of 0.93, a current ratio of 0.96 and a debt-to-equity ratio of 0.59.

HighPeak Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.16 annualized dividend and a dividend yield of 2.01%. HighPeak Energy's payout ratio is currently 23.88%.

Analysts Set New Price Targets

Several equities research analysts have commented on HPK shares. Bank of America started coverage on HighPeak Energy in a research note on Monday, April 7th. They set an "underperform" rating and a $10.00 price target for the company. Truist Financial cut their price target on shares of HighPeak Energy from $15.00 to $13.00 and set a "hold" rating on the stock in a report on Thursday, March 13th.

About HighPeak Energy

HighPeak Energy, Inc, an independent oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas.

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