---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-015353"
form_type: "8-K"
ticker: "HPK"
cik: "0001792849"
company_name: "HighPeak Energy, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T12:19:10.819691+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# HighPeak Energy Q1: 49,729 Boe/d (+34% YoY), free cash flow $48M, dividend up 60%

## Summary
- Sales volumes averaged 49,729 Boe/d (80% crude oil, 91% liquids), up 34% YoY.
- Net income $6.4M ($0.05 diluted EPS); adjusted net income $48.3M ($0.37 diluted EPS).
- Free cash flow $48.0M (up 42% from Q4 2023); used $30M to reduce debt and repurchased >565,000 shares.
- Quarterly dividend raised 60% to $0.04/sh; new dividend declared for June 2024.
- Lease operating expenses reduced to $6.30/Boe, down 26% YoY.

## SEC filing metadata
- accession: 0001437749-24-015353
- form_type: 8-K
- ticker: HPK
- cik: 0001792849
- company_name: HighPeak Energy, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792849/000143774924015353/0001437749-24-015353-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792849/000143774924015353/hpe20240506_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-015353
- JSON: https://secwatch.observer/filing/0001437749-24-015353.json
- Plain text: https://secwatch.observer/filing/0001437749-24-015353.txt

## Key facts
- Earnings Releases
  HighPeak Energy, Inc. reported the first quarter ended March 31, 2024 results: net income $6.4 million, EPS $0.05 per diluted share.
  - Period: the first quarter ended March 31, 2024
  - Net income: $6.4 million
  - EPS: $0.05 per diluted share
  - Result: reported results
  source text: HighPeak reported net income of $6.4 million for the first quarter of 2024, or $0.05 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792849/000143774924015353/0001437749-24-015353-index.htm

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