HighPeak Energy (NASDAQ:HPK) Issues Earnings Results, Meets Estimates

Key Points

• HighPeak Energy (NASDAQ:HPK) reported Q EPS of ($0.02), matching estimates, and revenue of $215.89 million which beat forecasts but was down 20.7% year‑over‑year.
• The stock fell about 9.0% to $6.18 on the day, with a market cap near $781 million and a 12‑month trading range of $3.85–$12.00.
• Analyst sentiment is mixed—MarketBeat shows a consensus "Hold" with an average target of $12.00 while recent notes range from "strong sell" to "sell"—and institutions own roughly 24.13% of the shares.

HighPeak Energy (NASDAQ:HPK - Get Free Report) announced its earnings results on Wednesday. The company reported ($0.02) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.02), FiscalAI reports. The firm had revenue of $215.89 million during the quarter, compared to analyst estimates of $210.14 million. HighPeak Energy had a net margin of 2.33% and a return on equity of 2.11%. The company's revenue for the quarter was down 20.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.31 EPS.

HighPeak Energy Stock Down 9.0%

HPK traded down $0.61 on Wednesday, hitting $6.18. 853,325 shares of the company were exchanged, compared to its average volume of 855,361. HighPeak Energy has a 12 month low of $3.85 and a 12 month high of $12.00. The company has a market cap of $780.90 million, a PE ratio of 68.67 and a beta of 0.34. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.10 and a current ratio of 1.13. The stock's fifty day moving average is $6.22 and its 200-day moving average is $5.62.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on HPK shares. Wall Street Zen upgraded HighPeak Energy from a "strong sell" rating to a "sell" rating in a report on Monday, April 20th. Zacks Research lowered HighPeak Energy from a "hold" rating to a "strong sell" rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $12.00.

Institutional Investors Weigh In On HighPeak Energy

Hedge funds have recently bought and sold shares of the company. Strs Ohio acquired a new stake in HighPeak Energy in the 1st quarter valued at about $60,000. Raymond James Financial Inc. acquired a new stake in HighPeak Energy in the 2nd quarter valued at about $49,000. Stokes Family Office LLC acquired a new stake in HighPeak Energy in the 4th quarter valued at about $48,000. The Manufacturers Life Insurance Company acquired a new stake in HighPeak Energy in the 4th quarter valued at about $51,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in HighPeak Energy in the 2nd quarter valued at about $109,000. 24.13% of the stock is currently owned by institutional investors and hedge funds.

HighPeak Energy Company Profile

HighPeak Energy, Inc NASDAQ: HPK is a Delaware‐incorporated independent oil and natural gas exploration and production company. The firm focuses on the acquisition, development and exploitation of onshore petroleum assets in the continental United States. Its operations encompass the full upstream value chain, including exploration, drilling, completion and production activities aimed at maximizing hydrocarbon recovery and operational efficiency.

The company’s primary business activities include identifying and acquiring conventional and unconventional oil and gas properties, applying advanced drilling and completion technologies, and managing midstream logistics to optimize product flow.

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