Headquartered in Fort Worth, TX Fiscal year ends December NASDAQ: HPK highpeakenergy.com
HighPeak Energy, Inc. is an independent crude oil and natural gas company focused on the acquisition, development, exploration, and exploitation of unconventional crude oil and natural gas reserves in the Midland Basin in West Texas. The company operates primarily through horizontal drilling, with production weighted approximately 64% to crude oil and 83% to total liquids. HighPeak trades on NASDAQ under the ticker HPK and is currently conducting a strategic review of alternatives that may include a potential sale of the company. The company employs an active hedging program using derivative instruments including costless collars, swaps, and basis swaps to manage commodity price risk across both crude oil and natural gas production. Updated
Crude oil is back in the headlines for the same reason it usually is: geopolitics. West Texas Intermediate prices are volatile on Iran-related risk premiums, creating opportunities. For retail investors, small-cap exploration…
As the year wound to a close, the most notable insider buying was focused on biotech stocks, but an oil and gas company CEO also returned to the buy window.
HighPeak Energy, Inc. is an independent crude oil and natural gas company focused on the acquisition, development, exploration, and exploitation of unconventional crude oil and natural gas reserves in the Midland Basin in West Texas.
The Wall Street consensus 12-month price target for HPK is $10.00.
