---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-006827"
form_type: "8-K"
ticker: "HPK"
cik: "0001792849"
company_name: "HighPeak Energy, Inc."
filed_at: "2025-03-10T23:59:59+00:00"
generated_at: "2026-05-25T01:53:05.765436+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HighPeak Energy reports FY2024 net income $95.1M, EPS $0.67; 2025 production guidance 47-50.5 MBoe/d

## Summary
- Full-year 2024 sales volumes avg 50.0 MBoe/d (+10% YoY); proved reserves up 29% to 199 MMBoe.
- Q4 2024 net income $9.0M ($0.06/diluted); adjusted net income $28.2M ($0.19/diluted).
- Reduced long-term debt by $120M in 2024; quarterly dividend maintained at $0.04/share; share repurchase authorization extended to $75M.
- 2025 capital budget $448-490M (down ~20% YoY); production guidance 47,000-50,500 Boe/d.
- Lease operating expenses fell 17% YoY to $7.23/Boe; Middle Spraberry zone adds 200+ sub-$50/Bbl locations.

## SEC filing metadata
- accession: 0001437749-25-006827
- form_type: 8-K
- ticker: HPK
- cik: 0001792849
- company_name: HighPeak Energy, Inc.
- filed_at: 2025-03-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792849/000143774925006827/0001437749-25-006827-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792849/000143774925006827/hpe20250307c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-006827
- JSON: https://secwatch.observer/filing/0001437749-25-006827.json
- Plain text: https://secwatch.observer/filing/0001437749-25-006827.txt

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