HighPeak Energy (HPK) Expected to Announce Earnings on Monday

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

HighPeak Energy (NASDAQ:HPK - Get Free Report) last posted its quarterly earnings results on Monday, March 10th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by ($0.07). The company had revenue of $234.81 million during the quarter, compared to analysts' expectations of $247.32 million. HighPeak Energy had a return on equity of 14.83% and a net margin of 15.94%. HighPeak Energy's revenue for the quarter was down 22.0% compared to the same quarter last year. During the same period last year, the company earned $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 Stock Up 5.5 %

HighPeak Energy stock traded up $0.48 during trading hours on Friday, hitting $9.19. The company had a trading volume of 603,438 shares, compared to its average volume of 304,438. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.96 and a quick ratio of 0.93. The firm has a market capitalization of $1.16 billion, a P/E ratio of 7.24 and a beta of 0.99. HighPeak Energy has a fifty-two week low of $7.82 and a fifty-two week high of $17.48. The firm's fifty day moving average is $10.32 and its 200-day moving average is $12.86.

HighPeak Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Monday, March 3rd were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend was Monday, March 3rd. HighPeak Energy's dividend payout ratio is presently 23.88%.

Analyst Ratings Changes

Several analysts have recently issued reports on HPK shares. Bank of America began 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 decreased their target price on HighPeak Energy from $15.00 to $13.00 and set a "hold" rating for the company in a research 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.