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HPK

HighPeak Energy, Inc.

https://www.highpeakenergy.com

Industry

Oil & Gas Exploration & Production

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.

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HighPeak Energy has increased its 2024 average production guidance to a range of 45,000 to 49,000 barrels of oil equivalent per day (Boe/d).

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:04 pm

HighPeak Energy (NASDAQ:HPK) reported Q2 2024 adjusted EPS of $0.28, missing the $0.50 estimate. Sales were $275.266M, slightly below the $277.939M estimate but up 14.33% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:04 pm

Shares of oil and gas companies are trading lower due to concerns about an economic slowdown following recent US data, which could negatively impact demand.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 2:32 pm

Shares of oil and gas stocks are trading lower despite Middle East tensions, likely due to weak US economic data impacting demand outlook.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 5:50 pm

Truist Securities analyst Neal Dingmann maintains a Hold rating on HighPeak Energy (NASDAQ:HPK) and raises the price target from $13 to $14.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 4:06 pm

Scholastic Corporation, CrowdStrike Holdings, SunPower Corporation, Plug Power Inc., HighPeak Energy, Autoliv Inc., Riley Exploration Permian, and Wipro Limited all experienced significant declines in pre-market trading due to various negative news, including poor earnings reports, operational issues, and public offerings.

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 12:21 pm

Intuitive Surgical, Inc. (NASDAQ:ISRG) shares rose 6.7% in pre-market trading after reporting better-than-expected Q2 financial results. Other notable pre-market movers include Serve Robotics Inc. (NASDAQ:SERV), Hawaiian Electric Industries, Inc. (NYSE:HE), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD).

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 9:37 am

Shares of several oil & gas companies are trading lower following an OPEC+ meeting in which members announced they would start phasing out voluntary production cuts in October.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 6:08 pm

Truist Securities analyst Neal Dingmann upgraded HighPeak Energy, Inc (NASDAQ:HPK) to Hold from Sell, raising the price target to $13 from $10. The company has improved operations, resulting in lower spending and costs. HighPeak could become an acquisition target with a potential price per share around $13. The company will likely need to take a moderate shareholder return approach after a 60% distribution increase and share repurchase announced last quarter. HPK shares are trading higher by 0.44% to $14.85.

Portfolio Pulse from Nabaparna Bhattacharya

May 23, 2024 | 7:05 pm

Truist Securities has upgraded HighPeak Energy (NASDAQ:HPK) from Sell to Hold and raised the price target from $10 to $13.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:36 am

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