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Mar 31, 2021
HighPeak Energy Q1 2021 Earnings Report
HighPeak Energy reported results for Q1 2021
Key Takeaways
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.
Reported net loss of $13.7 million, or $0.14 loss per share.
Achieved average daily production of 8,344 BOE per day (77% oil).
Drilled 6 horizontal wells and completed 10 horizontal wells.
Reduced lease operating expense (LOE) to $4.98 per BOE.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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