---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-015209"
form_type: "8-K"
ticker: "HPK"
cik: "0001792849"
company_name: "HighPeak Energy, Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:51:22.792523+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# HighPeak Energy reports Q1 net loss $127.4M, launches $150M at-the-market stock offering

## Summary
- Net loss $127.4M ($1.02/diluted share); adjusted net loss $2.7M ($0.02/share).
- Production averaged 45.6k BOE/d, 7.5% above guidance midpoint; oil production up 10% QoQ.
- Lease operating costs $6.53/BOE, 17% below guidance and 22% below Q4 2025.
- Generated $20M+ free cash flow (excl. working capital changes); capex $78.4M in Q1.
- New ATM sales agreement to sell up to $150M of common stock; proceeds for general corporate purposes.

## SEC filing metadata
- accession: 0001437749-26-015209
- form_type: 8-K
- ticker: HPK
- cik: 0001792849
- company_name: HighPeak Energy, Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792849/000143774926015209/0001437749-26-015209-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792849/000143774926015209/hpe20260501c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-015209
- JSON: https://secwatch.observer/filing/0001437749-26-015209.json
- Plain text: https://secwatch.observer/filing/0001437749-26-015209.txt

## Source-grounded claims
- claim_id: 326796d542d56d0a9dba7a13e26b474ba4840dc1
  claim: HighPeak Energy, Inc. reported first quarter ended March 31, 2026 results: net income net loss of $127.4 million, EPS $1.02 per diluted share.
  evidence_excerpt: HighPeak reported a net loss of $127.4 million for the first quarter 2026, or $1.02 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792849/000143774926015209/0001437749-26-015209-index.htm
- claim_id: 7ffb6ee15372c887df9037105e3ef7d785f19556
  claim: HighPeak Energy, Inc. entered into Sales Agreement with Roth Capital Partners, LLC and USCA Securities LLC valued at up to $150 million (effective 2026-05-06).
  evidence_excerpt: On May 6, 2026, HighPeak Energy, Inc., a Delaware corporation (the “Company”), entered into a Sales Agreement (the “Sales Agreement”) with Roth Capital Partners, LLC, as lead agent (the “Lead Agent”) and USCA Securities LLC (“USCA,” and together with the Lead Agent, the “Agents” and each, an “Agent”), pursuant to which the Company may offer and sell, from time to time, through or to the Agents, shares (“Placement Shares”) of common stock of the Company, $0.0001 par value per share (the “Common Stock”), having an aggregate offering price of up to $150 million (the “ATM Program”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792849/000143774926015209/0001437749-26-015209-index.htm

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