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HighPeak Energy (HPKEW) Financials

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$0.61 -0.24 (-27.98%)
As of 03:59 PM Eastern
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Annual Income Statements for HighPeak Energy

Annual Income Statements for HighPeak Energy

This table shows HighPeak Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2019
Net Income / (Loss) Attributable to Common Shareholders
95 216 237 56 -12
Consolidated Net Income / (Loss)
95 216 237 56 -12
Net Income / (Loss) Continuing Operations
95 216 237 56 -12
Total Pre-Tax Income
131 282 312 72 -12
Total Operating Income
337 426 423 102 -12
Total Gross Profit
937 966 686 195 4.74
Total Revenue
1,069 1,111 756 220 8.12
Operating Revenue
1,069 1,111 756 220 8.12
Total Cost of Revenue
132 145 70 25 3.37
Operating Cost of Revenue
132 145 70 25 3.37
Total Operating Expenses
596 531 264 93 16
Selling, General & Admin Expense
20 17 12 8.89 8.68
Marketing Expense
60 58 38 11 0.45
Exploration Expense
1.48 5.23 1.15 1.55 2.85
Depreciation Expense
501 424 178 65 4.27
Other Operating Expenses / (Income)
14 26 34 6.84 0.07
Total Other Income / (Expense), net
-210 -153 -110 -29 0.00
Interest Expense
169 175 51 2.48 0.00
Interest & Investment Income
8.69 2.91 0.27 0.00 0.00
Other Income / (Expense), net
-50 19 -60 -27 0.00
Income Tax Expense
36 66 75 17 0.00
Basic Earnings per Share
$0.69 $1.64 $2.04 $0.55 $0.00
Weighted Average Basic Shares Outstanding
125.28M 117.96M 104.74M 93.13M 0.00
Diluted Earnings per Share
$0.67 $1.58 $1.93 $0.54 $0.00
Weighted Average Diluted Shares Outstanding
129.21M 123.02M 111.16M 94.77M 0.00
Weighted Average Basic & Diluted Shares Outstanding
126.07M 128.42M 113.17M 96.82M -
Cash Dividends to Common per Share
$0.16 $0.10 $0.10 $0.13 -

Quarterly Income Statements for HighPeak Energy

This table shows HighPeak Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
8.98 50 30 6.44 96 38 32 50 68 108
Consolidated Net Income / (Loss)
8.98 50 30 6.44 95 39 32 50 68 108
Net Income / (Loss) Continuing Operations
8.98 50 30 6.44 96 38 32 50 68 108
Total Pre-Tax Income
13 65 44 8.74 123 53 41 65 88 140
Total Operating Income
74 73 87 103 107 146 85 89 127 118
Total Gross Profit
201 236 242 257 263 306 206 191 234 184
Total Revenue
235 272 275 288 301 346 241 224 258 204
Operating Revenue
235 272 275 288 301 346 241 224 258 204
Total Cost of Revenue
34 35 33 30 38 40 35 33 24 20
Operating Cost of Revenue
34 35 33 30 38 40 35 33 24 20
Total Operating Expenses
127 161 153 154 156 159 113 102 107 66
Selling, General & Admin Expense
6.00 4.97 4.74 4.69 4.65 6.93 2.52 2.50 6.64 1.88
Marketing Expense
13 15 17 14 14 19 13 12 13 11
Exploration Expense
0.45 0.36 0.17 0.50 0.86 1.73 0.48 2.16 0.47 0.29
Depreciation Expense
106 137 128 131 133 117 93 81 83 43
Other Operating Expenses / (Income)
1.62 3.99 4.02 4.04 4.02 14 4.10 4.17 4.27 11
Total Other Income / (Expense), net
-61 -9.48 -45 -94 16 -94 -51 -24 -39 21
Interest Expense
40 43 43 44 45 64 39 27 21 15
Interest & Investment Income
1.72 2.17 2.40 2.39 1.99 0.73 0.16 0.03 0.01 0.00
Other Income / (Expense), net
-23 31 -4.70 -53 58 -30 -12 3.12 -18 36
Income Tax Expense
3.87 15 14 2.30 28 14 9.64 15 20 32
Basic Earnings per Share
$0.07 $0.36 $0.21 $0.05 $0.69 $0.28 $0.26 $0.41 $0.62 $0.90
Weighted Average Basic Shares Outstanding
125.28M 124.99M 125.34M 125.70M 117.96M 123.16M 111.23M 111.06M 104.74M 108.68M
Diluted Earnings per Share
$0.06 $0.35 $0.21 $0.05 $0.66 $0.28 $0.25 $0.39 $0.61 $0.85
Weighted Average Diluted Shares Outstanding
129.21M 129.09M 129.25M 129.64M 123.02M 127.01M 115.98M 117.77M 111.16M 115.12M
Weighted Average Basic & Diluted Shares Outstanding
126.07M 126.63M 127.38M 127.86M 128.42M 128.42M 128.22M 113.18M 113.17M 113.16M
Cash Dividends to Common per Share
$0.04 $0.04 $0.04 $0.04 $0.03 $0.03 $0.03 $0.03 $0.03 $0.03

Annual Cash Flow Statements for HighPeak Energy

This table details how cash moves in and out of HighPeak Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2019
Net Change in Cash & Equivalents
-108 164 -4.37 15 22
Net Cash From Operating Activities
690 756 504 147 -0.77
Net Cash From Continuing Operating Activities
690 756 504 147 -0.77
Net Income / (Loss) Continuing Operations
95 216 237 56 -12
Consolidated Net Income / (Loss)
95 216 237 56 -12
Depreciation Expense
501 424 178 65 4.27
Amortization Expense
18 27 13 0.50 0.00
Non-Cash Adjustments To Reconcile Net Income
47 6.23 36 23 2.92
Changes in Operating Assets and Liabilities, net
30 83 40 2.71 3.62
Net Cash From Investing Activities
-621 -1,126 -1,182 -250 -51
Net Cash From Continuing Investing Activities
-621 -1,126 -1,182 -250 -51
Purchase of Property, Plant & Equipment
-620 -1,025 -1,311 -291 -72
Divestitures
0.34 0.00 0.00 3.37 -
Other Investing Activities, net
-1.29 -101 129 37 20
Net Cash From Financing Activities
-177 534 674 119 74
Net Cash From Continuing Financing Activities
-177 534 674 119 74
Repayment of Debt
-120 -1,033 -772 -22 0.00
Repurchase of Common Equity
-35 -5.37 -0.34 -2.46 0.00
Payment of Dividends
-22 -13 -12 -13 0.00
Issuance of Debt
0.00 1,425 1,365 120 -
Issuance of Common Equity
0.00 156 85 25 0.00
Other Financing Activities, net
0.00 4.18 7.93 11 74
Cash Interest Paid
152 133 24 1.81 -
Cash Income Taxes Paid
0.00 0.00 0.00 0.00 -

Quarterly Cash Flow Statements for HighPeak Energy

This table details how cash moves in and out of HighPeak Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-49 -22 -15 -21 43 122 -17 17 -3.84 12
Net Cash From Operating Activities
140 177 202 171 235 158 174 190 201 155
Net Cash From Continuing Operating Activities
140 177 202 171 235 158 174 190 201 155
Net Income / (Loss) Continuing Operations
8.98 50 30 6.44 95 39 32 50 68 108
Consolidated Net Income / (Loss)
8.98 50 30 6.44 95 39 32 50 68 108
Depreciation Expense
106 137 128 131 133 117 93 81 83 43
Amortization Expense
4.56 4.56 4.52 4.51 4.54 7.68 7.37 6.96 5.50 3.35
Non-Cash Adjustments To Reconcile Net Income
23 -30 1.37 52 -57 59 3.64 0.81 28 -27
Changes in Operating Assets and Liabilities, net
-2.21 16 39 -23 59 -65 38 51 17 28
Net Cash From Investing Activities
-145 -151 -176 -148 -189 -325 -293 -320 -339 -294
Net Cash From Continuing Investing Activities
-145 -151 -176 -148 -189 -325 -293 -320 -339 -294
Purchase of Property, Plant & Equipment
-157 -143 -170 -150 -175 -164 -302 -385 -326 -331
Divestitures
0.22 0.07 - - - - - - - -
Other Investing Activities, net
12 -7.99 -6.93 1.71 -14 -161 9.67 65 -13 37
Net Cash From Financing Activities
-43 -48 -41 -44 -3.25 288 102 147 134 152
Net Cash From Continuing Financing Activities
-43 -48 -41 -44 -3.25 288 102 147 134 152
Repayment of Debt
-30 -30 -30 -30 -2.04 -1,029 -0.86 -0.54 -568 -0.12
Repurchase of Common Equity
-7.92 -13 -5.79 -8.76 - -4.62 -0.75 0.00 -0.05 -
Payment of Dividends
-5.51 -5.53 -5.57 -5.58 -3.51 -3.49 -3.07 -3.06 -3.06 -3.16
Cash Interest Paid
35 39 38 40 40 43 33 18 5.95 17

Annual Balance Sheets for HighPeak Energy

This table presents HighPeak Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Total Assets
3,063 3,081 2,279 819 538 498
Total Current Assets
195 329 145 87 33 92
Cash & Equivalents
87 195 31 35 20 23
Accounts Receivable
85 95 97 39 7.72 3.36
Inventories, net
11 7.25 13 3.30 0.12 0.18
Prepaid Expenses
4.59 1.00 4.13 7.15 2.25 0.03
Other Current Assets
7.58 31 0.02 2.25 3.65 62
Plant, Property, & Equipment, net
2,849 2,730 2,129 727 504 406
Plant, Property & Equipment, gross
4,030 3,411 2,385 808 520 406
Accumulated Depreciation
1,185 684 260 82 17 1.57
Total Noncurrent Assets
19 22 6.43 4.79 0.91 0.00
Other Noncurrent Operating Assets
19 22 6.43 4.79 0.91 0.00
Total Liabilities & Shareholders' Equity
3,063 3,081 2,279 819 538 498
Total Liabilities
1,461 1,528 1,110 266 64 33
Total Current Liabilities
285 287 266 103 22 31
Short-Term Debt
120 120 0.00 - - -
Accounts Payable
74 64 106 38 7.58 11
Accrued Expenses
84 89 123 40 12 20
Other Current Liabilities
6.42 14 24 25 2.48 0.18
Other Current Nonoperating Liabilities
0.00 1.40 13 0.18 - -
Total Noncurrent Liabilities
1,176 1,241 844 163 41 2.21
Long-Term Debt
928 1,030 704 98 0.00 -
Asset Retirement Reserve & Litigation Obligation
15 13 7.50 4.26 2.29 2.21
Noncurrent Deferred & Payable Income Tax Liabilities
232 197 131 56 39 0.00
Other Noncurrent Operating Liabilities
0.67 0.07 0.69 4.91 0.08 0.00
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,602 1,553 1,170 553 474 453
Total Preferred & Common Equity
1,602 1,553 1,170 553 474 453
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,602 1,553 1,170 553 474 453
Common Stock
1,167 1,189 1,009 617 581 459
Retained Earnings
436 363 161 -64 -107 -5.75

Quarterly Balance Sheets for HighPeak Energy

This table presents HighPeak Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
3,061 3,056 3,055 2,989 2,790 2,583 2,042
Total Current Assets
249 259 299 298 144 145 149
Cash & Equivalents
136 158 173 152 30 48 34
Accounts Receivable
76 88 109 126 101 81 83
Inventories, net
7.97 7.82 11 15 9.20 16 8.18
Prepaid Expenses
3.92 3.07 2.77 3.25 3.15 1.00 5.69
Other Current Assets
25 2.28 2.64 1.73 0.44 0.00 17
Plant, Property, & Equipment, net
2,798 2,791 2,749 2,684 2,639 2,430 1,887
Plant, Property & Equipment, gross
3,873 3,730 3,561 3,232 3,070 2,768 2,060
Accumulated Depreciation
1,079 943 815 551 434 341 177
Total Noncurrent Assets
15 6.80 6.50 7.23 6.77 7.07 6.66
Other Noncurrent Operating Assets
15 6.80 6.50 7.23 6.77 7.07 6.66
Total Liabilities & Shareholders' Equity
3,061 3,056 3,055 2,989 2,790 2,583 2,042
Total Liabilities
1,456 1,486 1,506 1,534 1,535 1,362 942
Total Current Liabilities
260 279 288 295 1,138 561 260
Short-Term Debt
120 120 120 90 741 215 -
Accounts Payable
53 40 47 50 216 133 124
Accrued Expenses
84 99 98 125 155 176 114
Other Current Liabilities
2.65 18 22 28 12 22 22
Other Current Nonoperating Liabilities
0.00 0.83 0.85 0.87 14 15 -
Total Noncurrent Liabilities
1,196 1,207 1,218 1,239 396 800 681
Long-Term Debt
954 979 1,005 1,058 232 645 562
Asset Retirement Reserve & Litigation Obligation
14 14 14 8.02 7.89 7.76 8.25
Noncurrent Deferred & Payable Income Tax Liabilities
228 213 199 169 155 146 111
Other Noncurrent Operating Liabilities
0.13 0.94 1.05 3.88 1.36 1.20 0.00
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,606 1,570 1,548 1,455 1,255 1,221 1,101
Total Preferred & Common Equity
1,606 1,570 1,548 1,455 1,255 1,221 1,101
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,606 1,570 1,548 1,455 1,255 1,221 1,101
Common Stock
1,173 1,182 1,184 1,183 1,019 1,013 1,005
Retained Earnings
432 388 364 272 237 208 96

Annual Metrics And Ratios for HighPeak Energy

This table displays calculated financial ratios and metrics derived from HighPeak Energy's official financial filings.

Metric 2024 2023 2022 2021 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2019
Growth Metrics
- - - - -
Revenue Growth
-3.77% 47.06% 243.30% 0.00% 0.00%
EBITDA Growth
-10.12% 61.97% 294.13% 0.00% 0.00%
EBIT Growth
-35.59% 22.96% 384.84% 0.00% 0.00%
NOPAT Growth
-25.01% 1.92% 311.19% 0.00% 0.00%
Net Income Growth
-55.96% -8.86% 326.31% 0.00% 0.00%
EPS Growth
-57.59% -18.13% 257.41% 0.00% 0.00%
Operating Cash Flow Growth
-8.73% 50.07% 242.83% 0.00% 0.00%
Free Cash Flow Firm Growth
158.41% 64.50% 0.00% 0.00% 0.00%
Invested Capital Growth
2.16% 35.18% 201.26% 0.00% 0.00%
Revenue Q/Q Growth
-5.84% 4.05% 26.70% 0.00% 0.00%
EBITDA Q/Q Growth
-14.98% 13.18% 29.45% 0.00% 0.00%
EBIT Q/Q Growth
-28.57% 14.28% 19.41% 0.00% 0.00%
NOPAT Q/Q Growth
-12.10% -4.25% 22.18% 0.00% 0.00%
Net Income Q/Q Growth
-47.50% 14.36% 14.99% 0.00% 0.00%
EPS Q/Q Growth
-47.24% 3.27% 15.57% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
-12.11% 4.63% 39.20% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
2.13% 32.33% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.80% 2.36% 14.03% 0.00% 0.00%
Profitability Metrics
- - - - -
Gross Margin
87.63% 86.92% 90.79% 88.62% 58.45%
EBITDA Margin
75.37% 80.70% 73.27% 63.82% -90.08%
Operating Margin
31.55% 38.38% 55.92% 46.19% -142.69%
EBIT Margin
26.85% 40.12% 47.98% 33.97% -142.69%
Profit (Net Income) Margin
8.89% 19.42% 31.34% 25.24% -142.69%
Tax Burden Percent
72.62% 76.61% 75.86% 76.67% 100.00%
Interest Burden Percent
45.59% 63.21% 86.11% 96.90% 100.00%
Effective Tax Rate
27.38% 23.39% 24.14% 23.33% 0.00%
Return on Invested Capital (ROIC)
9.66% 14.96% 25.93% 12.65% -1.83%
ROIC Less NNEP Spread (ROIC-NNEP)
-5.97% 1.48% 3.61% -22.77% 29.13%
Return on Net Nonoperating Assets (RNNOA)
-3.63% 0.89% 1.57% -2.60% -0.72%
Return on Equity (ROE)
6.03% 15.86% 27.50% 10.05% -2.55%
Cash Return on Invested Capital (CROIC)
7.52% -14.96% -74.39% 0.00% 0.00%
Operating Return on Assets (OROA)
9.35% 16.63% 23.40% 11.02% -2.33%
Return on Assets (ROA)
3.09% 8.05% 15.29% 8.19% -2.33%
Return on Common Equity (ROCE)
6.03% 15.86% 27.50% 10.05% -2.55%
Return on Equity Simple (ROE_SIMPLE)
5.93% 13.90% 20.25% 10.05% -2.55%
Net Operating Profit after Tax (NOPAT)
245 327 321 78 -8.11
NOPAT Margin
22.91% 29.40% 42.42% 35.42% -99.88%
Net Nonoperating Expense Percent (NNEP)
15.63% 13.48% 22.32% 35.42% -30.96%
Return On Investment Capital (ROIC_SIMPLE)
9.24% 12.09% 17.11% - -
Cost of Revenue to Revenue
12.37% 13.08% 9.21% 11.38% 41.55%
SG&A Expenses to Revenue
1.91% 1.49% 1.65% 4.04% 106.99%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
55.73% 47.80% 34.87% 42.35% 201.13%
Earnings before Interest and Taxes (EBIT)
287 446 363 75 -12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
806 897 554 140 -7.31
Valuation Ratios
- - - - -
Price to Book Value (P/BV)
1.16 1.16 2.17 2.49 0.00
Price to Tangible Book Value (P/TBV)
1.16 1.16 2.17 2.49 0.00
Price to Revenue (P/Rev)
1.74 1.62 3.36 6.24 0.00
Price to Earnings (P/E)
19.52 8.36 10.73 24.74 0.00
Dividend Yield
1.09% 0.71% 0.45% 0.69% 0.00%
Earnings Yield
5.12% 11.96% 9.32% 4.04% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.10 1.10 1.73 2.33 0.00
Enterprise Value to Revenue (EV/Rev)
2.63 2.48 4.25 6.53 0.00
Enterprise Value to EBITDA (EV/EBITDA)
3.50 3.08 5.81 10.23 0.00
Enterprise Value to EBIT (EV/EBIT)
9.81 6.19 8.87 19.22 0.00
Enterprise Value to NOPAT (EV/NOPAT)
11.50 8.45 10.03 18.44 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
4.08 3.65 6.38 9.78 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
14.77 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - -
Debt to Equity
0.65 0.74 0.60 0.18 0.00
Long-Term Debt to Equity
0.58 0.66 0.60 0.18 0.00
Financial Leverage
0.61 0.60 0.44 0.11 -0.02
Leverage Ratio
1.95 1.97 1.80 1.32 1.10
Compound Leverage Factor
0.89 1.24 1.55 1.28 1.10
Debt to Total Capital
39.55% 42.56% 37.59% 15.04% 0.00%
Short-Term Debt to Total Capital
4.53% 4.44% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
35.02% 38.12% 37.59% 15.04% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
60.45% 57.44% 62.41% 84.96% 100.00%
Debt to EBITDA
1.30 1.28 1.27 0.70 0.00
Net Debt to EBITDA
1.19 1.07 1.22 0.45 0.00
Long-Term Debt to EBITDA
1.15 1.15 1.27 0.70 0.00
Debt to NOPAT
4.28 3.52 2.20 1.26 0.00
Net Debt to NOPAT
3.93 2.93 2.10 0.81 0.00
Long-Term Debt to NOPAT
3.79 3.15 2.20 1.26 0.00
Altman Z-Score
1.58 1.73 2.26 3.54 0.00
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - -
Current Ratio
0.69 1.14 0.54 0.84 2.97
Quick Ratio
0.60 1.01 0.48 0.72 0.98
Cash Flow Metrics
- - - - -
Free Cash Flow to Firm (FCFF)
191 -327 -920 0.00 0.00
Operating Cash Flow to CapEx
111.37% 73.78% 38.43% 50.52% -1.07%
Free Cash Flow to Firm to Interest Expense
1.13 -1.86 -18.17 0.00 0.00
Operating Cash Flow to Interest Expense
4.09 4.32 9.96 59.18 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.42 -1.53 -15.95 -57.96 0.00
Efficiency Ratios
- - - - -
Asset Turnover
0.35 0.41 0.49 0.32 0.02
Accounts Receivable Turnover
11.89 11.63 11.12 9.35 2.41
Inventory Turnover
14.53 14.16 8.40 14.63 18.33
Fixed Asset Turnover
0.38 0.46 0.53 0.36 0.02
Accounts Payable Turnover
1.92 1.72 0.97 1.10 0.30
Days Sales Outstanding (DSO)
30.69 31.40 32.84 39.05 151.26
Days Inventory Outstanding (DIO)
25.12 25.77 43.47 24.95 19.92
Days Payable Outstanding (DPO)
189.88 212.36 376.83 333.09 1,203.46
Cash Conversion Cycle (CCC)
-134.07 -155.19 -300.52 -269.09 -1,032.28
Capital & Investment Metrics
- - - - -
Invested Capital
2,564 2,510 1,857 616 442
Invested Capital Turnover
0.42 0.51 0.61 0.36 0.02
Increase / (Decrease) in Invested Capital
54 653 1,240 0.00 0.00
Enterprise Value (EV)
2,817 2,760 3,214 1,438 0.00
Market Capitalization
1,856 1,805 2,540 1,374 0.00
Book Value per Share
$12.66 $12.09 $10.34 $5.81 $0.00
Tangible Book Value per Share
$12.66 $12.09 $10.34 $5.81 $0.00
Total Capital
2,651 2,703 1,874 651 453
Total Debt
1,048 1,150 704 98 0.00
Total Long-Term Debt
928 1,030 704 98 0.00
Net Debt
962 956 674 63 -23
Capital Expenditures (CapEx)
620 1,025 1,311 291 72
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-56 -33 -152 -51 38
Debt-free Net Working Capital (DFNWC)
30 161 -122 -16 61
Net Working Capital (NWC)
-90 41 -122 -16 61
Net Nonoperating Expense (NNE)
150 111 84 22 3.47
Net Nonoperating Obligations (NNO)
962 957 687 63 -11
Total Depreciation and Amortization (D&A)
519 451 191 66 4.27
Debt-free, Cash-free Net Working Capital to Revenue
-5.26% -2.98% -20.13% -23.13% 472.40%
Debt-free Net Working Capital to Revenue
2.84% 14.53% -16.09% -7.29% 752.26%
Net Working Capital to Revenue
-8.38% 3.73% -16.09% -7.29% 752.26%
Earnings Adjustments
- - - - -
Adjusted Basic Earnings per Share
$0.69 $1.64 $2.04 $0.55 $0.00
Adjusted Weighted Average Basic Shares Outstanding
125.28M 117.96M 104.74M 93.13M 0.00
Adjusted Diluted Earnings per Share
$0.67 $1.58 $1.93 $0.54 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
129.21M 123.02M 111.16M 94.77M 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
126.07M 128.42M 113.17M 96.82M 0.00
Normalized Net Operating Profit after Tax (NOPAT)
245 327 321 78 -8.11
Normalized NOPAT Margin
22.91% 29.40% 42.42% 35.42% -99.88%
Pre Tax Income Margin
12.24% 25.36% 41.32% 32.92% -142.69%
Debt Service Ratios
- - - - -
EBIT to Interest Expense
1.70 2.54 7.16 30.10 0.00
NOPAT to Interest Expense
1.45 1.86 6.33 31.39 0.00
EBIT Less CapEx to Interest Expense
-1.97 -3.31 -18.75 -87.04 0.00
NOPAT Less CapEx to Interest Expense
-2.22 -3.99 -19.58 -85.76 0.00
Payout Ratios
- - - - -
Dividend Payout Ratio
23.34% 6.08% 4.90% 22.73% 0.00%
Augmented Payout Ratio
60.33% 8.56% 5.04% 27.17% 0.00%

Quarterly Metrics And Ratios for HighPeak Energy

This table displays calculated financial ratios and metrics derived from HighPeak Energy's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
-22.03% -21.42% 14.33% 28.58% 16.76% 69.31% 19.53% 142.65% 161.40% 329.97%
EBITDA Growth
-46.96% 1.86% 23.81% 3.08% 52.71% 20.47% 16.60% 2,566.79% 174.65% 692.77%
EBIT Growth
-69.56% -9.97% 12.96% -45.50% 50.95% -24.77% -34.10% 875.85% 116.92% 1,283.50%
NOPAT Growth
-37.73% -47.65% -9.54% 10.45% -15.60% 17.10% -30.43% 79.95% 147.03% 427.83%
Net Income Growth
-90.55% 28.76% -6.63% -87.19% 39.92% -64.06% -58.97% 404.40% 83.39% 1,240.92%
EPS Growth
-90.91% 25.00% -16.00% -87.18% 8.20% -67.06% -60.94% 329.41% 74.29% 962.50%
Operating Cash Flow Growth
-40.54% 12.04% 16.50% -9.77% 16.62% 2.23% 76.78% 280.42% 239.43% 282.18%
Free Cash Flow Firm Growth
99.51% 94.99% 69.07% 66.30% 50.06% 25.57% -0.07% -217.35% 0.00% 0.00%
Invested Capital Growth
2.16% 3.75% 13.58% 22.03% 35.18% 50.60% 61.89% 136.48% 201.26% 183.79%
Revenue Q/Q Growth
-13.54% -1.34% -4.34% -4.45% -12.86% 43.54% 7.58% -13.23% 26.36% 1.33%
EBITDA Q/Q Growth
-34.65% 14.31% 15.88% -38.73% 25.49% 38.95% -3.52% -9.23% -1.01% 34.48%
EBIT Q/Q Growth
-51.86% 26.43% 65.20% -69.73% 42.39% 58.62% -20.30% -16.14% -29.04% 38.94%
NOPAT Q/Q Growth
-8.18% -4.88% -22.32% -8.21% -22.81% 64.36% -5.16% -29.86% 7.09% -2.35%
Net Income Q/Q Growth
-82.01% 68.03% 361.59% -93.22% 144.99% 21.85% -36.67% -25.98% -37.07% 39.12%
EPS Q/Q Growth
-82.86% 66.67% 320.00% -92.42% 135.71% 12.00% -35.90% -36.07% -28.24% 32.81%
Operating Cash Flow Q/Q Growth
-21.22% -12.47% 18.02% -26.94% 48.45% -8.98% -8.60% -5.57% 30.13% 57.39%
Free Cash Flow Firm Q/Q Growth
92.26% 85.14% 35.70% 34.19% 20.39% 8.18% 29.94% 2.48% -18.63% -23.46%
Invested Capital Q/Q Growth
0.80% 1.25% 0.48% -0.37% 2.36% 10.84% 7.95% 10.38% 14.03% 19.15%
Profitability Metrics
- - - - - - - - - -
Gross Margin
85.62% 86.96% 88.09% 89.48% 87.49% 88.48% 85.49% 85.28% 90.75% 90.35%
EBITDA Margin
68.33% 90.40% 78.02% 64.40% 100.44% 69.75% 72.05% 80.34% 76.80% 98.02%
Operating Margin
31.38% 27.04% 31.70% 35.80% 35.46% 42.28% 35.29% 39.58% 49.19% 57.96%
EBIT Margin
21.40% 38.43% 29.99% 17.37% 54.81% 33.55% 30.36% 40.98% 42.40% 75.50%
Profit (Net Income) Margin
3.82% 18.39% 10.80% 2.24% 31.55% 11.22% 13.22% 22.46% 26.33% 52.86%
Tax Burden Percent
69.91% 76.38% 67.59% 73.70% 77.45% 73.34% 76.74% 77.60% 77.24% 77.35%
Interest Burden Percent
25.57% 62.63% 53.26% 17.48% 74.30% 45.61% 56.74% 70.62% 80.38% 90.52%
Effective Tax Rate
30.09% 23.62% 32.41% 26.30% 22.55% 26.66% 23.26% 22.40% 22.76% 22.65%
Return on Invested Capital (ROIC)
9.25% 9.39% 10.97% 13.63% 13.98% 16.23% 14.02% 18.69% 23.22% 24.29%
ROIC Less NNEP Spread (ROIC-NNEP)
4.81% 8.75% 7.89% 5.83% 15.48% 7.26% 9.33% 15.00% 15.20% 29.65%
Return on Net Nonoperating Assets (RNNOA)
2.93% 5.54% 5.30% 3.75% 9.35% 4.33% 6.16% 7.84% 6.62% 11.39%
Return on Equity (ROE)
12.18% 14.93% 16.27% 17.38% 23.33% 20.57% 20.18% 26.53% 29.84% 35.68%
Cash Return on Invested Capital (CROIC)
7.52% 7.48% 1.25% -5.07% -14.96% -23.66% -29.18% -56.98% -74.39% 0.00%
Operating Return on Assets (OROA)
7.45% 14.43% 12.41% 7.24% 22.73% 14.24% 12.39% 19.51% 20.68% 32.68%
Return on Assets (ROA)
1.33% 6.90% 4.47% 0.93% 13.08% 4.76% 5.40% 10.69% 12.84% 22.88%
Return on Common Equity (ROCE)
12.18% 14.93% 16.27% 17.38% 23.33% 20.57% 20.18% 26.53% 29.84% 35.68%
Return on Equity Simple (ROE_SIMPLE)
0.00% 11.28% 10.82% 11.11% 0.00% 12.97% 20.54% 24.87% 0.00% 18.71%
Net Operating Profit after Tax (NOPAT)
52 56 59 76 83 107 65 69 98 92
NOPAT Margin
21.94% 20.66% 21.43% 26.39% 27.47% 31.01% 27.08% 30.72% 38.00% 44.83%
Net Nonoperating Expense Percent (NNEP)
4.43% 0.64% 3.08% 7.81% -1.49% 8.97% 4.69% 3.69% 8.03% -5.36%
Return On Investment Capital (ROIC_SIMPLE)
1.94% - - - 3.06% - - - 5.23% -
Cost of Revenue to Revenue
14.38% 13.04% 11.92% 10.52% 12.51% 11.52% 14.51% 14.72% 9.25% 9.65%
SG&A Expenses to Revenue
2.56% 1.83% 1.72% 1.63% 1.54% 2.01% 1.05% 1.12% 2.57% 0.92%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
54.07% 59.40% 55.66% 53.68% 51.96% 46.04% 47.09% 45.70% 41.56% 32.38%
Earnings before Interest and Taxes (EBIT)
50 104 83 50 165 116 73 92 109 154
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
160 246 215 185 302 241 173 180 198 200
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.16 1.10 1.14 1.30 1.16 1.47 0.97 2.11 2.17 2.12
Price to Tangible Book Value (P/TBV)
1.16 1.10 1.14 1.30 1.16 1.47 0.97 2.11 2.17 2.12
Price to Revenue (P/Rev)
1.74 1.56 1.49 1.72 1.62 2.01 1.32 2.91 3.36 3.92
Price to Earnings (P/E)
19.52 9.73 10.58 11.74 8.36 11.40 4.74 8.49 10.73 11.36
Dividend Yield
1.09% 1.04% 0.92% 0.73% 0.71% 0.60% 0.93% 0.44% 0.45% 0.47%
Earnings Yield
5.12% 10.27% 9.45% 8.52% 11.96% 8.77% 21.11% 11.78% 9.32% 8.81%
Enterprise Value to Invested Capital (EV/IC)
1.10 1.06 1.09 1.19 1.10 1.28 0.98 1.66 1.73 1.76
Enterprise Value to Revenue (EV/Rev)
2.63 2.38 2.26 2.53 2.48 2.94 2.34 3.82 4.25 4.81
Enterprise Value to EBITDA (EV/EBITDA)
3.50 2.85 2.90 3.29 3.08 3.96 2.88 4.67 5.81 6.70
Enterprise Value to EBIT (EV/EBIT)
9.81 6.73 6.62 7.35 6.19 8.05 5.05 7.28 8.87 9.44
Enterprise Value to NOPAT (EV/NOPAT)
11.50 9.71 8.30 8.84 8.45 9.21 6.69 9.63 10.03 10.92
Enterprise Value to Operating Cash Flow (EV/OCF)
4.08 3.45 3.57 4.03 3.65 4.34 3.01 5.27 6.38 7.92
Enterprise Value to Free Cash Flow (EV/FCFF)
14.77 14.49 92.62 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.65 0.67 0.70 0.73 0.74 0.79 0.78 0.71 0.60 0.51
Long-Term Debt to Equity
0.58 0.59 0.62 0.65 0.66 0.73 0.18 0.53 0.60 0.51
Financial Leverage
0.61 0.63 0.67 0.64 0.60 0.60 0.66 0.52 0.44 0.38
Leverage Ratio
1.95 1.98 2.07 2.04 1.97 1.97 2.11 1.95 1.80 1.73
Compound Leverage Factor
0.50 1.24 1.10 0.36 1.46 0.90 1.19 1.37 1.45 1.57
Debt to Total Capital
39.55% 40.08% 41.18% 42.08% 42.56% 44.10% 43.66% 41.35% 37.59% 33.79%
Short-Term Debt to Total Capital
4.53% 4.48% 4.49% 4.49% 4.44% 3.46% 33.26% 10.34% 0.00% 0.00%
Long-Term Debt to Total Capital
35.02% 35.60% 36.68% 37.59% 38.12% 40.64% 10.40% 31.01% 37.59% 33.79%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
60.45% 59.92% 58.82% 57.92% 57.44% 55.90% 56.34% 58.65% 62.41% 66.21%
Debt to EBITDA
1.30 1.13 1.17 1.25 1.28 1.45 1.29 1.18 1.27 1.31
Net Debt to EBITDA
1.19 0.99 1.00 1.05 1.07 1.26 1.25 1.12 1.22 1.23
Long-Term Debt to EBITDA
1.15 1.01 1.04 1.11 1.15 1.34 0.31 0.89 1.27 1.31
Debt to NOPAT
4.28 3.85 3.33 3.35 3.52 3.36 3.01 2.45 2.20 2.14
Net Debt to NOPAT
3.93 3.37 2.85 2.83 2.93 2.92 2.91 2.31 2.10 2.01
Long-Term Debt to NOPAT
3.79 3.42 2.97 2.99 3.15 3.10 0.72 1.83 2.20 2.14
Altman Z-Score
1.33 1.41 1.38 1.41 1.43 1.45 0.59 1.52 1.90 2.03
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.69 0.96 0.93 1.04 1.14 1.01 0.13 0.26 0.54 0.57
Quick Ratio
0.60 0.82 0.88 0.98 1.01 0.94 0.12 0.23 0.48 0.45
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-2.78 -36 -241 -375 -571 -717 -781 -1,114 -1,142 -963
Operating Cash Flow to CapEx
88.78% 123.59% 119.37% 114.35% 134.26% 96.67% 57.45% 49.41% 61.78% 46.71%
Free Cash Flow to Firm to Interest Expense
-0.07 -0.84 -5.62 -8.60 -12.79 -11.14 -19.87 -41.30 -53.21 -65.92
Operating Cash Flow to Interest Expense
3.53 4.16 4.71 3.93 5.26 2.46 4.42 7.04 9.37 10.58
Operating Cash Flow Less CapEx to Interest Expense
-0.45 0.79 0.76 0.49 1.34 -0.08 -3.27 -7.21 -5.80 -12.08
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.35 0.38 0.41 0.42 0.41 0.42 0.41 0.48 0.49 0.43
Accounts Receivable Turnover
11.89 11.22 12.83 12.37 11.63 10.21 9.69 13.96 11.12 11.14
Inventory Turnover
14.53 11.79 16.52 10.59 14.16 11.29 14.46 9.43 8.40 9.45
Fixed Asset Turnover
0.38 0.41 0.45 0.45 0.46 0.47 0.44 0.51 0.53 0.47
Accounts Payable Turnover
1.92 2.65 1.10 1.58 1.72 1.51 0.70 0.97 0.97 0.84
Days Sales Outstanding (DSO)
30.69 32.53 28.44 29.50 31.40 35.74 37.66 26.15 32.84 32.77
Days Inventory Outstanding (DIO)
25.12 30.96 22.10 34.45 25.77 32.34 25.23 38.71 43.47 38.63
Days Payable Outstanding (DPO)
189.88 137.93 332.78 230.88 212.36 241.90 520.53 376.99 376.83 435.30
Cash Conversion Cycle (CCC)
-134.07 -74.44 -282.24 -166.93 -155.19 -173.82 -457.64 -312.13 -300.52 -363.91
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
2,564 2,544 2,513 2,501 2,510 2,452 2,212 2,049 1,857 1,628
Invested Capital Turnover
0.42 0.45 0.51 0.52 0.51 0.52 0.52 0.61 0.61 0.54
Increase / (Decrease) in Invested Capital
54 92 300 451 653 824 846 1,183 1,240 1,054
Enterprise Value (EV)
2,817 2,706 2,739 2,971 2,760 3,141 2,164 3,392 3,214 2,866
Market Capitalization
1,856 1,768 1,798 2,020 1,805 2,145 1,221 2,578 2,540 2,339
Book Value per Share
$12.66 $12.61 $12.28 $12.06 $12.09 $11.35 $11.09 $10.79 $10.34 $10.08
Tangible Book Value per Share
$12.66 $12.61 $12.28 $12.06 $12.09 $11.35 $11.09 $10.79 $10.34 $10.08
Total Capital
2,651 2,680 2,670 2,673 2,703 2,603 2,228 2,082 1,874 1,663
Total Debt
1,048 1,074 1,099 1,125 1,150 1,148 973 861 704 562
Total Long-Term Debt
928 954 979 1,005 1,030 1,058 232 645 704 562
Net Debt
962 938 941 951 956 996 943 813 674 527
Capital Expenditures (CapEx)
157 143 170 150 175 164 302 385 326 331
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-56 -26 -58 -42 -33 -59 -283 -248 -152 -146
Debt-free Net Working Capital (DFNWC)
30 109 100 131 161 93 -253 -201 -122 -112
Net Working Capital (NWC)
-90 -11 -20 11 41 3.25 -994 -416 -122 -112
Net Nonoperating Expense (NNE)
43 6.17 29 69 -12 68 33 18 30 -16
Net Nonoperating Obligations (NNO)
962 938 942 952 957 997 957 828 687 527
Total Depreciation and Amortization (D&A)
110 141 132 135 137 125 100 88 89 46
Debt-free, Cash-free Net Working Capital to Revenue
-5.26% -2.33% -4.81% -3.60% -2.98% -5.48% -30.57% -28.00% -20.13% -24.48%
Debt-free Net Working Capital to Revenue
2.84% 9.61% 8.25% 11.15% 14.53% 8.73% -27.30% -22.64% -16.09% -18.72%
Net Working Capital to Revenue
-8.38% -0.96% -1.67% 0.94% 3.73% 0.30% -107.29% -46.90% -16.09% -18.72%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.07 $0.36 $0.21 $0.05 $0.69 $0.28 $0.26 $0.41 $0.62 $0.90
Adjusted Weighted Average Basic Shares Outstanding
125.28M 124.99M 125.34M 125.70M 117.96M 123.16M 111.23M 111.06M 104.74M 108.68M
Adjusted Diluted Earnings per Share
$0.06 $0.35 $0.21 $0.05 $0.66 $0.28 $0.25 $0.39 $0.61 $0.85
Adjusted Weighted Average Diluted Shares Outstanding
129.21M 129.09M 129.25M 129.64M 123.02M 127.01M 115.98M 117.77M 111.16M 115.12M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
126.07M 126.63M 127.38M 127.86M 128.42M 128.42M 128.22M 113.18M 113.17M 113.16M
Normalized Net Operating Profit after Tax (NOPAT)
52 56 59 76 83 107 65 69 98 92
Normalized NOPAT Margin
21.94% 20.66% 21.43% 26.39% 27.47% 31.01% 27.08% 30.72% 38.00% 44.83%
Pre Tax Income Margin
5.47% 24.07% 15.97% 3.04% 40.73% 15.30% 17.22% 28.94% 34.08% 68.34%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
1.27 2.45 1.92 1.15 3.70 1.80 1.86 3.40 5.09 10.55
NOPAT to Interest Expense
1.30 1.32 1.37 1.74 1.85 1.67 1.66 2.55 4.57 6.26
EBIT Less CapEx to Interest Expense
-2.71 -0.91 -2.02 -2.29 -0.22 -0.74 -5.83 -10.86 -10.08 -12.11
NOPAT Less CapEx to Interest Expense
-2.67 -2.05 -2.57 -1.70 -2.06 -0.88 -6.04 -11.71 -10.61 -16.40
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
23.34% 11.15% 10.68% 9.09% 6.08% 6.71% 4.79% 3.98% 4.90% 5.37%
Augmented Payout Ratio
60.33% 26.20% 21.96% 17.30% 8.56% 9.59% 4.79% 3.98% 5.04% 6.71%

Frequently Asked Questions About HighPeak Energy's Financials

When does HighPeak Energy's fiscal year end?

According to the most recent income statement we have on file, HighPeak Energy's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has HighPeak Energy's net income changed over the last 4 years?

HighPeak Energy's net income appears to be on an upward trend, with a most recent value of $95.07 million in 2024, falling from -$11.58 million in 2019. The previous period was $215.87 million in 2023.

What is HighPeak Energy's operating income?
HighPeak Energy's total operating income in 2024 was $337.41 million, based on the following breakdown:
  • Total Gross Profit: $937.17 million
  • Total Operating Expenses: $595.96 million
How has HighPeak Energy revenue changed over the last 4 years?

Over the last 4 years, HighPeak Energy's total revenue changed from $8.12 million in 2019 to $1.07 billion in 2024, a change of 13,078.2%.

How much debt does HighPeak Energy have?

HighPeak Energy's total liabilities were at $1.46 billion at the end of 2024, a 4.4% decrease from 2023, and a 4,301.2% increase since 2019.

How much cash does HighPeak Energy have?

In the past 5 years, HighPeak Energy's cash and equivalents has ranged from $19.55 million in 2020 to $194.52 million in 2023, and is currently $86.65 million as of their latest financial filing in 2024.

How has HighPeak Energy's book value per share changed over the last 4 years?

Over the last 4 years, HighPeak Energy's book value per share changed from 0.00 in 2019 to 12.66 in 2024, a change of 1,265.5%.



This page (NASDAQ:HPKEW) was last updated on 5/22/2025 by MarketBeat.com Staff
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