HighPeak Energy, Inc. - HPK STOCK NEWS

HighPeak Energy reported its Q3 2021 results with significant production growth, averaging 8,168 Boe/d, up to 15,500 Boe/d post-quarter. EBITDAX reached $33.3 million for Q3 and $91.8 million for nine months. The company successfully executed bolt-on acquisitions totaling 10,600 net acres, enhancing production. HighPeak declared dividends totaling $0.10 per share in 2021 and amended its credit facility to $195 million. With a robust outlook for 2022, the company aims for production rates of up to 42,000 Boe/d while maintaining capital expenses within $645-$700 million.

HighPeak Energy plans to release its Q3 2021 financial results on November 8, 2021. A conference call will follow on November 9, 2021, at 10:00 a.m. CT, for investors and analysts to discuss the results and operational highlights. Participants can join by calling (833) 362-0226 (U.S./Canada) or (914) 987-7683 (International) and using confirmation code 3399526. A live broadcast will be available on their website, with a replay posted post-call.

HighPeak Energy (NASDAQ: HPK) reported strong production and financial updates as of October 28, 2021. The company anticipates an average production of 15,000 barrels of oil equivalent per day (Boe/d) in late October, a significant increase from Q3's 8,168 Boe/d. It successfully closed multiple bolt-on acquisitions, adding 10,600 net acres. Additionally, HighPeak raised its borrowing base to $195 million, reflecting positive lender confidence. An underwritten public offering of 2,530,000 shares generated approximately $25.3 million in gross proceeds, aimed at funding growth initiatives.

HighPeak Energy, Inc. (NASDAQ: HPK) has priced its public offering of 2,200,000 shares at $10.00 each, aiming to raise around $20.2 million after expenses. A 30-day option for underwriters to buy an additional 330,000 shares is included. The funds will support general corporate purposes, notably accelerating drilling and funding acquisitions. The offering is set to close on October 25, 2021, pending customary conditions. Roth Capital Partners is the lead manager for this offering.

HighPeak Energy, Inc. (NASDAQ: HPK) has announced a quarterly dividend of $0.025 per share, reflecting a commitment to returning value to shareholders. The dividend will be paid on October 25, 2021, to stockholders of record as of the close of business on October 15, 2021. HighPeak focuses on the exploration and development of oil and natural gas in the Midland Basin of West Texas, aiming to maximize shareholder returns through strategic operations.

HighPeak Energy, Inc. (NASDAQ: HPK) has announced a public offering of 5,000,000 shares of its common stock. The Company may grant underwriters a 30-day option to purchase an additional 750,000 shares. Proceeds from this offering will be allocated for general corporate purposes, possibly accelerating drilling and development activities and funding acquisitions. Roth Capital Partners will manage the offering, which is contingent on market conditions. The offering is detailed in a registration statement pending effectiveness with the SEC.

HighPeak Energy announced that its Chairman and CEO, Jack Hightower, will present at the Enercom Oil & Gas Conference 2021 in Denver, Colorado on August 16, 2021, at 2:20 PM MT. Investors can access the presentation slides in the Investors section of the company’s website. HighPeak Energy is an independent oil and natural gas entity based in Fort Worth, Texas, focused on acquiring and developing oil and gas reserves in the Midland Basin, West Texas.

HighPeak Energy (HPK) reported strong second quarter 2021 results, with sales volumes increasing 66% to 8,783 Boe/d and EBITDAX rising 91% to $38.4 million. The company realized a price of $60.40 per Boe and initiated a quarterly dividend of $0.025 per share, alongside a special dividend of $0.075 per share. HighPeak also completed ten wells and signed contracts to enhance operational efficiency and reduce emissions. Additionally, the company has plans for significant growth in 2022, supported by increased drilling activity and infrastructure investments.

HighPeak Energy, Inc. (NASDAQ: HPK) plans to release its second quarter 2021 financial results on August 9, 2021, after trading closes. A conference call will follow on August 10, 2021, at 10:00 a.m. Central Time, where key financial results and operational highlights will be discussed. Participants can access the call by dialing specific numbers or through a live webcast on the company's website. HighPeak Energy focuses on oil and natural gas exploration in the Midland Basin, Texas.