HighPeak Energy Earnings Reports

HighPeak Energy's Q4 FY24 revenue reached $234.8 million, primarily driven by crude oil sales. Net income was $9.0 million, with an EPS of $0.06. Adjusted net income stood at $28.2 million, or $0.19 per share. Average daily production was 50.2 thousand barrels of oil equivalent per day, a slight increase year-over-year.

HighPeak Energy reported a positive third quarter in 2024, marked by increased production, positive free cash flow, and debt reduction. The company's well performance led to an increase in full-year production guidance, and operations teams tightened costs, resulting in capital and operating efficiencies.

HighPeak Energy reported a net loss for the second quarter of 2024, with production volumes impacted by downtime associated with facility upgrades.

HighPeak Energy reported Q1 2024 results, highlighting increased production volumes but lower realized prices for oil and natural gas. Despite increased production, the company experienced a net loss due to hedging losses and lower commodity prices. The company is focused on operational efficiencies and cost management to improve profitability.

HighPeak Energy, Inc. announced its Q4 2023 financial results, demonstrating increased production volumes but facing challenges from decreased oil prices. The company's strategic focus remains on operational efficiency and disciplined capital management.

HighPeak Energy, Inc. reported a net loss of $20.4 million, or $0.19 per share, for the third quarter of 2023. Adjusted EBITDA for the quarter was $104.9 million. Average daily production was 96.4 MBOE/d.

HighPeak Energy, Inc. reported a net loss of $25.3 million for Q2 2023, compared to a net income of $132.5 million in Q2 2022. Despite the net loss, the company saw an increase in production to 108.4 MBoe/d and an increase in revenue to $261.4 million.

HighPeak Energy achieved record production in Q1 2023, surpassing expectations and demonstrating strong operational execution. The company's financial performance remained robust, driven by increased production volumes and efficient cost management.

HighPeak Energy, Inc. announced its fourth quarter 2022 results, with production exceeding guidance at 42.1 MBOEPD. The company increased its proved developed producing reserves by 42% and maintained a strong balance sheet with low leverage. HighPeak also provided positive guidance for 2023, expecting continued production growth and efficiency improvements.

HighPeak Energy reported a strong third quarter in 2022, with net sales volumes averaging 26,247 Boe/d, a 19% increase compared to the second quarter, and EBITDAX reaching $169.7 million, a 25% increase. The company's acreage position increased by approximately 68% since year-end 2021, reaching over 105,000 net acres. Production has continued to increase significantly since the end of the third quarter and has averaged approximately 35,750 Boe/d to date during the fourth quarter.

HighPeak Energy's CEO and President will participate in a fireside chat to discuss the company's Permian Basin growth platform.

HighPeak Energy, Inc. reported a net loss of $10.9 million, or $0.11 per share, for the first quarter of 2022. Despite operational challenges, the company increased production and revenue.

HighPeak Energy, Inc. reported strong fourth-quarter results, marked by increased production and significant financial growth. The company's performance reflects its successful development strategies and operational efficiencies.

HighPeak Energy announced that CEO Jack Hightower and President Michael Hollis will participate in a fireside chat with Water Tower Research to discuss the company's asset development program and its 2022 outlook.

HighPeak Energy, Inc. reported a strong second quarter in 2021, marked by increased production and sales volumes. This growth led to a significant rise in revenue and improved financial performance compared to the previous year.

HighPeak Energy, Inc. reported a net loss of $13.7 million for the first quarter of 2021. The company's average daily production was 8,344 barrels of oil equivalent (BOE) per day, with 77% oil.

HighPeak Energy reported a net loss of $25.1 million for the fourth quarter of 2020. Production averaged 7,539 barrels of oil equivalent per day. The company incurred a net loss due to increased exploration expenses and depreciation, depletion, and amortization.