---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-005529"
form_type: "8-K"
ticker: "HPK"
cik: "0001792849"
company_name: "HighPeak Energy, Inc."
filed_at: "2023-03-06T23:59:59+00:00"
generated_at: "2026-06-18T12:01:18.164550+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HighPeak Energy Q4 net income $67.9M, production up 42% QoQ, reaffirms 2023 outlook

## Summary
- Net income $67.9M ($0.53 diluted EPS); EBITDAX $220.9M for Q4, $577.1M for FY 2022.
- Q4 sales volumes averaged 37,348 Boe/d (+42% QoQ, +151% YoY); 85% oil, 94% liquids.
- Year-end proved reserves 123.0 MMBoe (+92% YoY); PV-10 $3.9B using SEC pricing.
- 2023 guidance: production 47,000-53,000 Boe/d; total capex $1.15-1.26B.
- Completed $250M senior unsecured note offering due 2024; net proceeds $223.7M.

## SEC filing metadata
- accession: 0001437749-23-005529
- form_type: 8-K
- ticker: HPK
- cik: 0001792849
- company_name: HighPeak Energy, Inc.
- filed_at: 2023-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792849/000143774923005529/0001437749-23-005529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792849/000143774923005529/hpe20230303_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-005529
- JSON: https://secwatch.observer/filing/0001437749-23-005529.json
- Plain text: https://secwatch.observer/filing/0001437749-23-005529.txt

## Key facts
- Earnings Releases
  HighPeak Energy, Inc. updated its the fiscal year ended December 31, 2022 guidance (reaffirmed).
  - Period: the fiscal year ended December 31, 2022
  - Guidance: reaffirmed
  - Result: reported results
  source text: EBITDAX (a non-GAAP financial measure defined and reconciled below) was $220.9 million and $577.1 million for the three months and year ended December 31, 2022, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792849/000143774923005529/0001437749-23-005529-index.htm
- Earnings Releases
  HighPeak Energy, Inc. reported the fourth quarter ended December 31, 2022 results: net income $67.9 million, EPS $0.53 per diluted share. Guidance reaffirmed.
  - Period: the fourth quarter ended December 31, 2022
  - Net income: $67.9 million
  - EPS: $0.53 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: HighPeak reported net income of $67.9 million for the fourth quarter of 2022, or $0.53 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792849/000143774923005529/0001437749-23-005529-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.