Welcome to our dedicated page for Highpeak Energy,Inc news (Ticker: HPK), a resource for investors and traders seeking the latest updates and insights on Highpeak Energy,Inc stock.
HighPeak Energy Inc (HPK) is an independent oil and natural gas company focused on developing unconventional reserves in Texas' Midland Basin. This page provides investors and industry professionals with centralized access to official press releases, financial updates, and operational developments.
Key resources include: Earnings reports detailing production metrics, acquisition announcements, regulatory filings, and strategic partnership updates. Users gain insights into the company's drilling programs, asset management strategies, and responses to energy market trends.
Bookmark this page to track HPK's progress in optimizing its Howard County operations and managing commodity price exposure. Check regularly for new developments about reserve estimates, infrastructure investments, and environmental compliance initiatives relevant to oil & gas exploration.
HighPeak Energy (NASDAQ: HPK) has announced significant amendments to its credit agreements, effective August 1, 2025. The company has extended the maturity dates of both its Term Loan Credit Agreement and Senior Credit Facility Agreement to September 30, 2028, representing a two-year extension. The Term Loan Credit Agreement has been upsized to $1.2 billion, enhancing the company's liquidity position.
Key amendments include the deferral of mandatory quarterly amortization payments of $30.0 million until September 30, 2026. The company has also expanded its hedging program through March 2027, implementing various crude oil and natural gas derivative contracts to manage price risk. The amendments were completed at a cost significantly lower than alternative financing options, with TCBI Securities serving as financial advisor.
HighPeak Energy (NASDAQ: HPK) has scheduled its 2025 second quarter earnings release and conference call. The company will release its financial and operating results after market close on Monday, August 11, 2025.
A conference call and webcast for investors and analysts will be held on Tuesday, August 12, 2025 at 10:00 a.m. Central Time. Interested parties can access the event through online registration, and a live audio webcast will be available on the company's website under the Investors section.
HighPeak Energy (NASDAQ: HPK) announced plans to offer $725 million in senior notes due 2030 through a private placement under Rule 144A and Regulation S of the Securities Act. The company intends to use the proceeds, along with borrowings from a new revolving credit facility, to fully repay its existing term loan credit agreement.
The notes will be offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. The offering is subject to market conditions and customary closing requirements. The notes will not be registered under the Securities Act and cannot be sold within the United States without registration or an applicable exemption.
HighPeak Energy (NASDAQ: HPK) has scheduled the release of its 2025 first quarter financial and operating results for Monday, May 12, 2025, after market close. The company will follow up with an investor and analyst conference call on Tuesday, May 13, 2025, at 10:00 a.m. Central Time.
Interested participants can register for the conference call through the provided registration link. The company will offer multiple ways to access the earnings discussion:
- Audio-only webcast access
- Live broadcast on HighPeak's website (www.highpeakenergy.com) under the "Investors" section
- Replay options will be available
This announcement ensures stakeholders can participate in the quarterly earnings discussion and stay informed about the company's financial performance and operational highlights.
HighPeak Energy (NASDAQ: HPK) reported its Q4 and full-year 2024 financial results, showing significant growth and operational efficiency. 2024 highlights include:
- Average sales volumes of 50.0 MBoe/d, up 10% year-over-year
- Year-end proved reserves increased 29% to 199 MMBoe
- Net income of $95.1 million ($0.67 per diluted share)
- EBITDAX of $842.9 million ($6.01 per diluted share)
- Lease operating expenses reduced 17% to $7.23 per Boe
The company achieved significant debt reduction of $120 million, paid $0.16 per share in dividends, and repurchased over 2.4 million shares. For 2025, HighPeak plans to maintain a two-rig drilling program, focusing on capital discipline while keeping production flat and reducing capital expenditures by an additional 20%. The Board declared a quarterly dividend of $0.04 per share payable in March 2025 and extended the stock repurchase authorization of up to $75.0 million through December 2025.
HighPeak Energy (NASDAQ: HPK) has scheduled the release of its 2024 fourth quarter and yearend financial and operating results after market close on Monday, March 10, 2025. The company will host a conference call and webcast for investors and analysts on Tuesday, March 11, 2025, at 10:00 a.m. Central Time to discuss the results and operational highlights. The earnings call will be accessible via webcast on the company's website under the Investors section.
HighPeak Energy (NASDAQ: HPK) has announced a quarterly cash dividend of $0.04 per share on its common stock. The dividend will be paid on March 25, 2025 to stockholders of record as of March 3, 2025. HighPeak Energy is an independent crude oil and natural gas company based in Fort Worth, Texas, focusing on unconventional crude oil and natural gas reserves in the Midland Basin in West Texas.
HighPeak Energy (HPK) reported strong Q3 2024 results with sales volumes averaging 51,346 Boe/d (88% liquids), a 6% increase from Q2. The company posted net income of $49.9 million ($0.35 per diluted share) and EBITDAX of $214.3 million. Notable achievements include generating $36.1 million in free cash flow, reducing long-term debt by $30 million, and increasing 2024 production guidance by 10% to 48,000-51,000 Boe/d. The company maintained operational efficiency with two drilling rigs and one frac crew, completing 14 gross horizontal wells while reducing operational costs.