For Q1 FY2026 (ended March 31, 2026), HighPeak Energy reported revenue of $215.9 million, a 20.7% decline year-over-year. Net loss was $127.4 million, compared to a profit in the prior year, with diluted EPS of -$1.02. Operating income fell 60.1% to $36.0 million. The company had cash of $95.8 million, equity of $1.47 billion, and long-term debt of $1.19 billion.
•Revenue decreased 20.7% YoY to $215.9 million.
•Net loss of $127.4 million vs. net income in prior year.
•Diluted EPS of -$1.02, down 492.3% YoY.
•Operating income fell 60.1% to $36.0 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
HighPeak Energy is an independent crude oil and natural gas exploration and production company. It engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. Founded in 2019 and headquartered in Fort Worth, Texas, the company was formerly known as HPK Energy, LP before rebranding in August 2020.
HighPeak Energy, Inc. is an independent crude oil and natural gas exploration and production company. The company focuses on the exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGLs) reserves. Its operations are concentrated in the Permian Basin, a prolific oil-producing region that spans West Texas and Eastern New Mexico. The company was founded in 2019 and is headquartered in Fort Worth, Texas. Originally known as HPK Energy, LP, it rebranded to HighPeak Energy in August 2020. As an independent operator, HighPeak Energy generates revenue by selling the crude oil, natural gas, and NGLs it extracts from its properties.
On which stock exchange is HighPeak Energy (HPK) listed and what currency is used?
HighPeak Energy, Inc. is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol HPK. The company's shares are traded in US dollars (USD), which is the official currency of the United States. Being listed on Nasdaq provides the company with access to a broad base of investors and liquidity in the US equity markets. Investors can buy and sell HPK shares through brokerage accounts that offer access to US stock exchanges.
What sector and industry does HighPeak Energy (HPK) operate in?
HighPeak Energy operates in the Energy sector, specifically within the Oil & Gas Exploration and Production (E&P) industry. This means the company is primarily involved in finding, extracting, and selling crude oil and natural gas. As an E&P company, HighPeak Energy's performance is closely tied to commodity prices, production volumes, and the costs associated with drilling and operating wells. The company's focus on the Permian Basin places it in one of the most active and productive oil and gas regions in the United States.
Where is HighPeak Energy (HPK) headquartered and what is its geographic focus?
HighPeak Energy is headquartered in Fort Worth, Texas, United States. The company's operations are geographically focused on the Permian Basin, which spans West Texas and Eastern New Mexico. The Permian Basin is one of the largest and most productive oil and gas basins in the United States, known for its rich deposits of crude oil, natural gas, and natural gas liquids. By concentrating its activities in this region, HighPeak Energy leverages the basin's established infrastructure and favorable geology to explore and develop hydrocarbon reserves.
When was HighPeak Energy (HPK) founded and what is its corporate history?
HighPeak Energy was founded in 2019 and is headquartered in Fort Worth, Texas. The company was originally formed as HPK Energy, LP before rebranding to HighPeak Energy, Inc. in August 2020. As a relatively young company, HighPeak Energy has focused on building its asset base in the Permian Basin. The rebranding marked a transition to a corporate structure suitable for public listing. Since its founding, the company has been engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids, aiming to create value through efficient operations and strategic asset development.