HIGHPEAK ENERGY INC (HPK)
Energy · Independent Oil & Gas Exploration and Production · NASDAQ
A regional oil and gas producer focused on crude oil, NGL, and natural gas extraction in the Midland Basin, currently struggling with commodity headwinds and leverage.
What HIGHPEAK ENERGY INC does
HighPeak Energy is an independent oil and natural gas exploration and production company operating in the northeastern Midland Basin. The company engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids (NGL), and natural gas reserves. Its operations are concentrated in a single geographic region and involve drilling, hydraulic fracturing, and production activities.
Themes: ["Oil and gas exploration and production","Midland Basin development","Conventional upstream energy"]
Fundamentals
- Price$7.00 as of 2026-07-09 close
- Market cap$883M as of 2026-07-10
- 1-year return-30.7% as of 2026-07-09 close
- P/E46.58 as of 2026-07-10
- Net margin-17.6% as of 2026-07-10
- Gross margin+73.3% as of 2026-07-10
- ROE-9.1% as of 2026-07-10
- Debt / equity0.81 as of 2026-07-10
- Revenue growth (YoY)-20.9% as of 2026-07-10
- Revenue CAGR (3y)+4.5% SEC XBRL
- Beta0.41 as of 2026-07-10
Dividend: yield +0.6%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Geographic concentration risk: all producing assets located in northeastern Midland Basin, exposing the company to regional supply/demand factors, regulatory changes, and infrastructure constraints","Reserve estimation and development risk: 77.8 Bcf proved undeveloped reserves (PUDs) require approximately $1.3B in capital expenditures over five years, with delays or cost overruns reducing reserve value","Commodity price and operational leverage: significant net losses in Q1 2026 driven by derivative losses and declining revenues (-21% YoY); unprofitable with negative net margin and limited cash generation capacity"]
Competitors & peers
- EOG Resources
- Pioneer Natural Resources
- Diamondback Energy
- Concho Resources
- Centennial Resource Development
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.