HighPeak Energy

HPK

Market cap $1.04B

HighPeak's oil sales volumes increased by 10% quarter-over-quarter, while its lease operating and workover expenses per BOE dropped 22%. Free cash flow should improve later in 2026 due to reduced capex and higher oil prices (despite significant hedges). HighPeak's oil cut may decline from 67.6% in Q1 2026 due to fewer new wells being turned in-line, though.

Crude oil is back in the headlines for the same reason it usually is: geopolitics.

HighPeak Energy, Inc. (HPK) Q1 2026 Earnings Call Transcript

HighPeak Energy, Inc. (HPK) came out with a quarterly loss of $0.02 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.31 per share a year ago.

FORT WORTH, Texas, May 06, 2026 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended March 31, 2026.

HighPeak Energy (HPK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FORT WORTH, Texas, April 23, 2026 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (NASDAQ: HPK) (“HighPeak Energy”), today announced that it plans to release its 2026 first quarter financial and operating results after the close of trading on Wednesday, May 6, 2026.

HighPeak Energy is projected to generate $155 million in 2026 free cash flow at the current $81 to $82 strip and its guidance midpoint. It is significantly hedged on oil in 2026 and is projected to have $109 million in 2026 hedging losses. HighPeak's oil cut went from 72% in Q1 2025 to 64% in Q4 2025.

HighPeak Energy, Inc. (HPK) Q4 2025 Earnings Call Transcript

HighPeak Energy (HPK) installed a new CEO from Diamondback Energy to address operational inefficiencies and restore market confidence. HPK's legacy strategy prioritized rapid production growth over cost control. The new capital budget emphasizes margin expansion through operational optimization.