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Complete financial analysis of HighPeak Energy, Inc. (HPK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of HighPeak Energy, Inc., a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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HighPeak Energy, Inc. (HPK)
About HighPeak Energy, Inc.
HighPeak Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids reserves in the Midland Basin in West Texas. As of December 31, 2021, the company had approximately 64,213 MBoe of proved reserves. HighPeak Energy, Inc. was incorporated in 2019 and is headquartered in Fort Worth, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 1.11B | 755.69M | 220.12M | 24.62M | 8.12M |
| Cost of Revenue | 628.26M | 285.78M | 101.00M | 30.41M | 8.09M |
| Gross Profit | 483.04M | 469.91M | 119.12M | -5.79M | 25.00K |
| Gross Profit Ratio | 43.47% | 62.18% | 54.12% | -23.51% | 0.31% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 42.56M | 45.82M | 15.56M | 23.39M | 8.68M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 42.56M | 45.82M | 15.56M | 23.39M | 8.68M |
| Other Expenses | 0.00 | 1.52M | 1.72M | 34.28M | 2.92M |
| Operating Expenses | 56.57M | 47.34M | 17.28M | 23.39M | 11.60M |
| Cost & Expenses | 684.53M | 333.12M | 118.28M | 53.80M | 19.69M |
| Interest Income | 2.91M | 266.00K | 1.00K | 6.00K | 0.00 |
| Interest Expense | 147.90M | 50.61M | 2.48M | 8.00K | 0.00 |
| Depreciation & Amortization | 424.42M | 178.11M | 65.37M | 16.40M | 4.34M |
| EBITDA | 854.62M | 540.94M | 140.32M | -12.78M | -7.24M |
| EBITDA Ratio | 76.90% | 79.47% | 75.81% | -51.90% | -90.08% |
| Operating Income | 426.46M | 422.56M | 101.85M | -29.18M | -11.58M |
| Operating Income Ratio | 38.38% | 55.92% | 46.27% | -118.51% | -142.69% |
| Total Other Income/Expenses | -144.69M | -110.35M | -29.38M | -76.51M | 0.00 |
| Income Before Tax | 281.77M | 312.22M | 72.46M | -105.69M | -11.58M |
| Income Before Tax Ratio | 25.36% | 41.32% | 32.92% | -429.22% | -142.69% |
| Income Tax Expense | 65.91M | 75.36M | 16.90M | -4.22M | 4.10M |
| Net Income | 215.87M | 236.85M | 55.56M | -101.46M | -11.58M |
| Net Income Ratio | 19.42% | 31.34% | 25.24% | -412.07% | -142.69% |
| EPS | 1.65 | 2.04 | 0.60 | -1.10 | -0.13 |
| EPS Diluted | 1.58 | 1.93 | 0.59 | -1.10 | -0.13 |
| Weighted Avg Shares Out | 117.96M | 104.74M | 93.13M | 91.97M | 91.59M |
| Weighted Avg Shares Out (Dil) | 123.02M | 111.16M | 94.77M | 91.97M | 91.59M |
HighPeak Energy, Inc. Announces Second Quarter 2023 Financial and Operating Results
FORT WORTH, Texas, Aug. 07, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended June 30, 2023.
HighPeak Energy, Inc. Announces 2023 Second Quarter Earnings Release and Conference Call Dates
FORT WORTH, Texas, July 31, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (the “Company”) (NASDAQ: HPK) today announced that it plans to release its 2023 second quarter financial and operating results after the close of trading on Monday, August 7,...
HighPeak Energy: Finance Bumps And Bruises
Its debt issues have cost HighPeak Energy, Inc. a stock offering. The debt issues may further cost a bank fee (or more) and a higher interest rate. None of this detracts significantly from a bright corporate future.
HighPeak Energy, Inc. Declares Quarterly Cash Dividend
FORT WORTH, Texas, July 24, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that, on July 21, 2023, its Board of Directors declared a quarterly dividend of $0.025 per share of common stock...
HighPeak Energy, Inc. Announces Closing of Underwritten Public Offering of Common Stock
FORT WORTH, Texas, July 21, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (the “Company”) (NASDAQ: HPK) today announced the closing of its underwritten public offering of 14,835,000 shares of its common stock, which includes the underwriter's 30-day option to purchase...
HighPeak Energy's stock tumbles after public share offering prices at 18% discount
Shares of HighPeak Energy Inc. HPK, -7.21% tumbled 13.8% in premarket trading Wednesday, after the Texas-based oil and gas company announced a public stock offering, which priced at a deep discount. The company announced the offering late Tuesday, then announced...
HighPeak Energy, Inc. Announces Pricing of Underwritten Public Offering of Common Stock
FORT WORTH, Texas, July 19, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (the “Company”) (NASDAQ: HPK) today announced the pricing of its underwritten public offering of 12,900,000 shares of its common stock, par value $0.0001 per share (“common stock”), at a...
HighPeak Energy, Inc. Announces Commencement of Underwritten Public Offering of Common Stock
FORT WORTH, Texas, July 18, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (the “Company”) (NASDAQ: HPK) today announced that it has commenced an underwritten public offering of shares of its common stock, par value $0.0001 per share (“common stock”). The...
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating HighPeak Energy, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors
NEW YORK , July 13, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of HighPeak Energy, Inc. (NASDAQ:...
HighPeak Energy: Safer Than Many New Issues
HighPeak Energy, Inc. went public at a time of very hostile industry conditions. The company came into being when it combined with a blank check company. Howard County appears to be an unusually profitable location.
Source: https://incomestatements.info
Category: Stock Reports