HPK - Insider Move: Jay M Chernosky Invests $52K In HighPeak Energy Stock | Benzinga
On December 7, a substantial insider purchase was made by Jay M Chernosky, Board Member at HighPeak Energy (NASDAQ:HPK), as per the latest SEC filing.
What Happened: Chernosky made a significant move by purchasing 3,615 shares of HighPeak Energy as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $52,334.
The latest update on Friday morning shows HighPeak Energy shares down by 0.0%, trading at $14.35.
Unveiling the Story Behind HighPeak Energy
HighPeak Energy Inc is an independent oil and natural gas company focused on the development of unconventional oil and natural gas reserves in primarily Howard County of the Midland Basin. The company operates in a single segment, which is oil and natural gas development, exploration, and production.
A Deep Dive into HighPeak Energy's Financials
Revenue Growth: HighPeak Energy's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 69.31%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Energy sector, the company excelled with a growth rate ...