Highest-materiality recent filing
HighPeak Q2 2026 net income $82.3M, EBITDAX $147.6M; production above guidance
Net income $82.3M ($0.59 diluted EPS); EBITDAX $147.6M ($1.06 per share).
HighPeak Energy reports Q1 net loss $127.4M, launches $150M at-the-market stock offering
Net loss $127.4M ($1.02/diluted share); adjusted net loss $2.7M ($0.02/share).
HighPeak Energy Q4 net loss, suspends dividend, cuts 2026 capex ~50%
Q4 net loss $25.2M (-$0.21 diluted EPS); FY2025 net income $19.0M ($0.14 diluted EPS).
HighPeak Energy Q3 net loss $18.3M; appoints Michael Hollis as permanent CEO
Net loss $18.3M ($0.15/diluted); adj net income $2.9M ($0.02/diluted); EBITDAX $139.9M ($1.01/diluted).
HighPeak Energy Q3 net loss $0.15/sh; Hollis named permanent CEO; $0.04 dividend
Q3 net loss $18.3M ($0.15 diluted EPS); adjusted net income $3.8M ($0.03/sh).
Jack Hightower retires as CEO and Chairman; Michael Hollis named Interim CEO
Jack Hightower retired as CEO and Chairman effective Sept 15, 2025; receives $2.4M cash payment and accelerated vesting of 1,385,500 restricted shares.
HighPeak Energy Q2 net income $26.2M, amends debt to $1.2B term loan due 2028
Net income $26.2M ($0.19 diluted EPS); EBITDAX $156.0M ($1.12/sh).
HighPeak extends credit maturity to Sep 2028, upsizes term loan to $1.2B, defers amortization
Extended maturity of both term loan and senior credit facility to September 30, 2028 (from prior maturity).
$725M aggregate principal of Senior Notes due 2030 offered; proceeds to refinance existing debt and establish new $2.0B revolver with $720M initial borrowing base.
HighPeak Energy Q1 net income $36.3M, production +6% QoQ, raises 2025 guidance
Net income $36.3M ($0.26 diluted EPS); adjusted net income $42.7M ($0.31 diluted).
HighPeak Q1 net income $36.3M ($0.26/diluted); raises 2025 production guidance midpoint
Sales volumes 53.1 MBoe/d (+6% QoQ); net income $36.3M, adjusted net income $42.7M ($0.31/diluted).
HighPeak Energy reports FY2024 net income $95.1M, EPS $0.67; 2025 production guidance 47-50.5 MBoe/d
Full-year 2024 sales volumes avg 50.0 MBoe/d (+10% YoY); proved reserves up 29% to 199 MMBoe.
HighPeak Energy Q3 net income $49.9M; raises 2024 production guidance 10%
Q3 sales volumes 51,346 Boe/d, up 6% QoQ; 88% liquids (crude oil + NGL).
HighPeak Energy Q2 net income $29.7M, raises 2024 production guidance by 4%
Net income $29.7M ($0.21/diluted), adjusted net income $39.4M ($0.28/diluted); EBITDAX $215.8M.
HighPeak Energy Q1: 49,729 Boe/d (+34% YoY), free cash flow $48M, dividend up 60%
Sales volumes averaged 49,729 Boe/d (80% crude oil, 91% liquids), up 34% YoY.
Q4 net income $95.0M ($0.66 diluted EPS); EBITDAX $241.6M; revenue exceeded $1B for full year 2023.
HighPeak Energy increases quarterly dividend 60% to $0.04/share and authorizes $75M share repurchase
Quarterly dividend raised to $0.04 per share, a 60% increase over prior; payable March 25, 2024 to holders of record March 1, 2024.
HighPeak posts Q3 net income $38.8M, production up 25% QoQ to 52,708 Boe/d; closes $100M revolver
Q3 net income $38.8M ($0.28 diluted EPS); EBITDAX $266.2M; free cash flow $75.7M.
HighPeak Energy closes $1.2B term loan, extends maturities to 2026, redeems senior notes
Entered $1.2B senior secured term loan due Sept 30, 2026; interest at SOFR + 7.50%.
Majority Lenders extended the Feb Notes Obligation from Sept 1 to Sept 29, 2023.
HighPeak Energy Q2 net income $31.8M; production up 92% YoY; raises $151.2M equity
Sales volumes 42,207 Boe/d (+13% QoQ, +92% YoY); Q3-to-date >50,000 Boe/d.
Public offering of 12,900,000 shares priced at $10.50/share; gross proceeds ~$135.5M.
HighPeak Energy amends credit agreement, launches equity offering to avoid default on Feb notes
Q2 preliminary production 41–43 MBoe/d; EBITDAX $180–190M; D&C capex $260–300M.
HighPeak Energy delays senior note redemption, extends credit facility deadline to July 31
No longer consummating conditional redemption of February and November 2024 Senior Notes on June 30, 2023.
HighPeak Energy plans $575M senior notes offering to refinance near-term debt
Intends to offer $575M aggregate principal of senior notes due 2028 in private placement.
HighPeak Energy Q1 net income $50.3M; cuts 2023 drilling rigs from 4 to 2, lowers capex ~$250M
Net income $50.3M ($0.39 EPS), EBITDAX $173.9M; production 37,222 Boe/d (85% oil, up >200% YoY).
HighPeak Energy increases borrowing base to $700M, adds Texas Capital Bank as lender
Borrowing base increased to $700M; Aggregate Elected Commitments set at $575M.
HighPeak Energy Q4 net income $67.9M, production up 42% QoQ, reaffirms 2023 outlook
Net income $67.9M ($0.53 diluted EPS); EBITDAX $220.9M for Q4, $577.1M for FY 2022.
Board evaluates strategic alternatives to maximize shareholder value, including a potential sale; retained Credit Suisse and Wells Fargo as financial advisors.
On April 20, 2023, Michael H. Gustin, a member of the Board of Directors (the “Board”) of HighPeak Energy, Inc. (the “Company”) notified the Company of his intention to resign from the Board and all committees on which he served, effective immediately (the “Resignation Notice”).
Max materiality 0.90 · Median 0.70 · Most common event earnings