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NASDAQ:HPK

HighPeak Energy (HPK) Stock Price, News & Analysis

HighPeak Energy logo
$14.39
-0.13 (-0.90%)
(As of 10:10 AM ET)

About HighPeak Energy Stock (NASDAQ:HPK)

Key Stats

Today's Range
$14.17
$14.98
50-Day Range
$12.53
$16.18
52-Week Range
$12.20
$17.48
Volume
69,696 shs
Average Volume
328,639 shs
Market Capitalization
$1.84 billion
P/E Ratio
11.99
Dividend Yield
1.11%
Price Target
$12.00
Consensus Rating
Hold

Company Overview

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.

HighPeak Energy Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
51st Percentile Overall Score

HPK MarketRank™: 

HighPeak Energy scored higher than 51% of companies evaluated by MarketBeat, and ranked 181st out of 263 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    HighPeak Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    HighPeak Energy has only been the subject of 1 research reports in the past 90 days.

  • Read more about HighPeak Energy's stock forecast and price target.
  • Earnings Growth

    Earnings for HighPeak Energy are expected to grow by 60.00% in the coming year, from $0.65 to $1.04 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of HighPeak Energy is 12.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.46.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of HighPeak Energy is 12.10, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.94.

  • Price to Book Value per Share Ratio

    HighPeak Energy has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about HighPeak Energy's valuation and earnings.
  • Percentage of Shares Shorted

    27.11% of the float of HighPeak Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    HighPeak Energy has a short interest ratio ("days to cover") of 16.2, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in HighPeak Energy has recently decreased by 3.68%, indicating that investor sentiment is improving.
  • Dividend Yield

    HighPeak Energy pays a meaningful dividend of 1.28%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    HighPeak Energy does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of HighPeak Energy is 13.33%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, HighPeak Energy will have a dividend payout ratio of 15.38% next year. This indicates that HighPeak Energy will be able to sustain or increase its dividend.

  • Read more about HighPeak Energy's dividend.
  • Percentage of Shares Shorted

    27.11% of the float of HighPeak Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    HighPeak Energy has a short interest ratio ("days to cover") of 16.2, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in HighPeak Energy has recently decreased by 3.68%, indicating that investor sentiment is improving.
  • News Sentiment

    HighPeak Energy has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for HighPeak Energy this week, compared to 2 articles on an average week.
  • Search Interest

    Only 5 people have searched for HPK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added HighPeak Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, HighPeak Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,154,206.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    77.50% of the stock of HighPeak Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 24.13% of the stock of HighPeak Energy is held by institutions.

  • Read more about HighPeak Energy's insider trading history.
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HPK Stock News Headlines

HighPeak Energy Reports Strong Q3 2024 Performance
625,000% Gain
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HighPeak Energy, Inc. (HPK) Q3 2024 Earnings Call Transcript
HighPeak Energy (HPK) Scheduled to Post Earnings on Monday
See More Headlines

HPK Stock Analysis - Frequently Asked Questions

HighPeak Energy's stock was trading at $14.24 at the beginning of the year. Since then, HPK stock has increased by 2.0% and is now trading at $14.52.
View the best growth stocks for 2024 here
.

HighPeak Energy, Inc. (NASDAQ:HPK) announced its earnings results on Monday, November, 4th. The company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.23 by $0.12. The business's revenue was down 21.4% compared to the same quarter last year.

Top institutional shareholders of HighPeak Energy include Sanders Morris Harris LLC (0.25%), Creative Financial Designs Inc. ADV (0.23%), GSA Capital Partners LLP (0.14%) and Victory Capital Management Inc. (0.01%). Insiders that own company stock include John Paul Dejoria, Jack Hightower, Michael L Hollis, Rodney L Woodard, Steven W Tholen, Jason A Edgeworth, Keith E Forbes and Michael H Gustin.
View institutional ownership trends
.

Shares of HPK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that HighPeak Energy investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

Ex-Dividend for 9/25 Dividend
9/03/2024
Dividend Payable
9/25/2024
Last Earnings
11/04/2024
Today
11/06/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/05/2025

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
Petroleum And Natural Gas
Current Symbol
NASDAQ:HPK
Fax
N/A
Employees
30
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.00
High Stock Price Target
$12.00
Low Stock Price Target
$12.00
Potential Upside/Downside
-17.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$215.87 million
Pretax Margin
18.87%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$6.26 per share
Book Value
$12.09 per share

Miscellaneous

Free Float
28,767,000
Market Cap
$1.86 billion
Optionable
Optionable
Beta
0.69
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This page (NASDAQ:HPK) was last updated on 11/6/2024 by MarketBeat.com Staff
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