---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-006815"
form_type: "8-K"
ticker: "HPK"
cik: "0001792849"
company_name: "HighPeak Energy, Inc."
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:49:11.137454+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# HighPeak Energy Q4 net income $95M; boosts dividend 60%, authorizes $75M buyback, explores strategic alternatives

## Summary
- Q4 net income $95.0M ($0.66 diluted EPS); EBITDAX $241.6M; revenue exceeded $1B for full year 2023.
- Q4 sales volumes 50.0 MBoe/d (81% oil), up 34% YoY; full-year 86% growth to 45.6 MBoe/d.
- 2024 guidance: production 43-47 MBoe/d; capex $500-585M; proved reserves 154.2 MMBoe (+25%, PV-10 $2.9B).
- Quarterly dividend raised 60% to $0.04/share ($5.1M); $75M share repurchase authorized.
- Engaged Texas Capital and Wells Fargo to pursue strategic alternatives.

## SEC filing metadata
- accession: 0001437749-24-006815
- form_type: 8-K
- ticker: HPK
- cik: 0001792849
- company_name: HighPeak Energy, Inc.
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792849/000143774924006815/0001437749-24-006815-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792849/000143774924006815/hpe20240301c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-006815
- JSON: https://secwatch.observer/filing/0001437749-24-006815.json
- Plain text: https://secwatch.observer/filing/0001437749-24-006815.txt

## Key facts
- Earnings Releases
  HighPeak Energy, Inc. updated its the full year and fourth quarter ended December 31, 2023 guidance (initiated).
  - Period: the full year and fourth quarter ended December 31, 2023
  - Guidance: initiated
  - Result: reported results
  source text: On March 6, 2024, the Company issued a press release announcing its financial and operating results for the full year and fourth quarter ended December 31, 2023 and guidance for 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792849/000143774924006815/0001437749-24-006815-index.htm

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