Highpeak Energy Inc HPK Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Dec 07, 2023 (filed on Dec 07, 2023)

Insider Name:

Chernosky Jay M.

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

3,615

Price:

$14.48
Sep 20, 2023 (filed on Sep 21, 2023)

Insider Name:

Hightower Jack

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

275,999

Price:

$16.55
Sep 20, 2023 (filed on Sep 21, 2023)

Insider Name:

Hollis Michael L.

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

5,989

Price:

$16.64
Sep 19, 2023 (filed on Sep 21, 2023)

Insider Name:

Hightower Jack

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

224,001

Price:

$16.59
Sep 19, 2023 (filed on Sep 21, 2023)

Insider Name:

Hollis Michael L.

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

3,840

Price:

$16.33
Jul 21, 2023 (filed on Jul 21, 2023)

Insider Name:

Tholen Steven W

Ownership Type:

Direct Ownership

Securities:

Employee Stock Option (right to buy)

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

70,000

Price:

--
Jul 21, 2023 (filed on Jul 21, 2023)

Insider Name:

Hollis Michael L.

Ownership Type:

Direct Ownership

Securities:

Employee Stock Option (right to buy)

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

400,000

Price:

--
Jul 21, 2023 (filed on Jul 21, 2023)

Insider Name:

Forbes Keith E

Ownership Type:

Direct Ownership

Securities:

Employee Stock Option (right to buy)

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

15,000

Price:

--
Jul 21, 2023 (filed on Jul 21, 2023)

Insider Name:

Woodard Rodney L

Ownership Type:

Direct Ownership

Securities:

Employee Stock Option (right to buy)

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

95,000

Price:

--
Jul 21, 2023 (filed on Jul 21, 2023)

Insider Name:

Hightower Jack

Ownership Type:

Direct Ownership

Securities:

Employee Stock Option (right to buy)

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

1,000,000

Price:

--

Filings by filing date

Dec 07, 2023 (filed on Dec 07, 2023)

Insider Name:

Chernosky Jay M.

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

3,615

Price:

$14.48
Sep 20, 2023 (filed on Sep 21, 2023)

Insider Name:

Hightower Jack

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

275,999

Price:

$16.55
Sep 19, 2023 (filed on Sep 21, 2023)

Insider Name:

Hightower Jack

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

224,001

Price:

$16.59
Sep 20, 2023 (filed on Sep 21, 2023)

Insider Name:

Hollis Michael L.

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

5,989

Price:

$16.64
Sep 19, 2023 (filed on Sep 21, 2023)

Insider Name:

Hollis Michael L.

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

3,840

Price:

$16.33
Jul 19, 2023 (filed on Jul 21, 2023)

Insider Name:

Edgeworth Jason A.

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

5,700

Price:

$10.50
Jul 21, 2023 (filed on Jul 21, 2023)

Insider Name:

Tholen Steven W

Ownership Type:

Direct Ownership

Securities:

Employee Stock Option (right to buy)

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

70,000

Price:

--
Jul 19, 2023 (filed on Jul 21, 2023)

Insider Name:

Tholen Steven W

Ownership Type:

Direct Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

9,500

Price:

$10.50
Jul 19, 2023 (filed on Jul 21, 2023)

Insider Name:

Oldham Larry

Ownership Type:

Indirect Ownership

Securities:

Common Stock, par value $0.0001 per share

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

28,500

Price:

$10.50
Jul 21, 2023 (filed on Jul 21, 2023)

Insider Name:

Hollis Michael L.

Ownership Type:

Direct Ownership

Securities:

Employee Stock Option (right to buy)

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

400,000

Price:

--

News

Biz Brief

Sector: Energy	Industry: Oil & Gas Exploration and Production

See Regulatory Filings on SEC

Company Contact

Address:	421 W. 3Rd Street, Suite 1000 FORT WORTH TX 76102
Tel:	N/A
Website:	https://www.highpeakenergy.com
IR:	See website

Key People

Jack Hightower Chairman of the Board, Chief Executive Officer	Michael L. Hollis President, Director	Steven W. Tholen Chief Financial Officer
Rodney L. Woodard Chief Operating Officer	Keith E. Forbes Chief Accounting Officer, Vice President

Business Overview

HighPeak Energy, Inc. is an independent crude oil and natural gas company. The Company is engaged in the acquisition, development and production of crude oil, natural gas liquid (NGL) and natural gas reserves. The Company's assets are primarily located in Howard and Borden Counties, Texas, which lie within the northeastern part of the crude oil-rich Midland Basin. Its acreage is composed of two core areas, Flat Top to the north and Signal Peak to the south. The Company, through Priority Power Management, LLC develops an electric high-voltage (EHV) substation, medium voltage distribution systems and a 13-megawatt direct current solar photovoltaic facility located on approximately 80 acres of land owned by the Company north of Big Spring, Texas in Howard County to provide for the Company's electrical power needs in its Flat Top operating area including powering drilling rigs and day-to-day operations. It has over 100,000 net acres located primarily in Howard County.

Financial Overview

For the nine months ended 30 September 2023, Highpeak Energy Inc revenues increased 63% to $810.1M. Net income applicable to common stockholders decreased 29% to $108.4M. Revenues reflect Crude Oil - Production - Total increase from 4.6M to 10.1M barrels, Oil Equivalent Production (Units/day) - increase from 22K to 46K barrels per day, Crude oil sales increase of 69% to $790.5M. Net income was offset by Depletion.

Employees:	47 as of Dec 31, 2022

Reporting Currency:	U.S. Dollars
Enterprise value:	$2,839M as of Sep 30, 2023
Annual revenue (TTM):	$1,068M as of Sep 30, 2023
EBITDA (TTM):	$829.36M as of Sep 30, 2023
Net annual income (TTM):	$170.08M as of Sep 30, 2023
Free cash flow (TTM):	-$452.21M as of Sep 30, 2023
Net Debt Last Fiscal Year:	$996.00M as of Sep 30, 2023
Shares outstanding:	128,420,923 as of Nov 2, 2023
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization