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HPK News and Press, HighPeak Energy Inc. From 05/31/23

Stock Information

Company Name: HighPeak Energy Inc.
Stock Symbol: HPK
Market: NASDAQ
Website: highpeakenergy.com

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HPK - AMTX, CGAU among Energy/Materials gainers; ERO, BHIL among losers

2023-05-31 13:45:43 ET Gainers: Aemetis ( AMTX ) +10% . Centerra Gold ( CGAU ) +9% . Mesabi Trust ( MSB ) +7% . Perpetua Resources ( PPTA ) +7% . Dakota Gold ( DC ) +6% . Losers: Ero Copper ( ERO ) -10% . Benson Hill ( BHIL )...

HPK - Earthstone Energy: Smooth Sailing

2023-05-18 14:46:53 ET Summary The OPEC production cutback enhances the operational optimization of the acquisitions process by providing more cash flow. Occidental Petroleum Corporation had the exact opposite experience by running into covid challenges right after the acquisition...

HPK - HighPeak Energy May Need To Do An Equity Offering To Deal With Its Notes

2023-05-12 05:06:39 ET Summary HighPeak has reduced its 2023 capex budget by over $200 million. This reduces its projected cash burn to $171 million at the current strip. HighPeak should have enough borrowing capacity under its credit facility to cover that cash burn now. ...

HPK - HighPeak Energy, Inc. (HPK) Q1 2023 Earnings Call Transcript

2023-05-11 17:03:08 ET HighPeak Energy, Inc. (HPK) Q1 2023 Earnings Conference Call May 11, 2023, 11:00 AM ET Company Participants Steven Tholen - Chief Financial Officer Jack Hightower - Chairman and Chief Executive Officer Michael Hollis - President Confe...

HPK - KLXE, TK among Energy/Materials gainers; ELBM, LGO among losers

2023-05-11 14:00:40 ET Gainers: KLX Energy Services Holdings ( KLXE ) +20% . Teekay ( TK ) +12% . Teekay Tankers ( TNK ) +11% . Ferroglobe ( GSM ) +9% . Alto Ingredients ( ALTO ) +9% . Losers: Electra Battery Materials ( ELBM ) -20...

HPK - HighPeak Energy GAAP EPS of $0.39 misses by $0.40, revenue of $223.79M misses by $31.84M

2023-05-10 16:15:07 ET HighPeak Energy press release ( NASDAQ: HPK ): Q1 GAAP EPS of $0.39 misses by $0.40 . Revenue of $223.79M (+142.6% Y/Y) misses by $31.84M . For further details see: HighPeak Energy GAAP EPS of $0.39 misses by $0.40, revenue of $223....

HPK - HighPeak Energy, Inc. Announces First Quarter 2023 Financial and Operating Results and Updated Development Plan

FORT WORTH, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended March 31, 2023 and provided an updated development plan. Highlights ...

HPK - Oil starting to look oversold, as physical market shows price collapse excessive

2023-05-05 19:00:25 ET Crude oil futures rose Friday to take a bit of the sting off a downbeat week that sent the U.S. contract to its lowest level since late 2021, driven by fears of a recession and risk aversion prompted by turmoil in U.S. banking. Yet the underlying oil market look...

HPK - HighPeak Energy May Have To Reduce Its 2023 Development Plans

2023-05-03 22:38:30 ET Summary HighPeak Energy is projected to burn $331 million during 2023 at current $70 WTI oil strip. This would leave it with limited or no liquidity depending on how much its borrowing base is increased. Thus HighPeak will need to trim its development pl...

HPK - HUDI, TELL among Energy/Materials gainers; ATLX, IEP among losers

2023-05-03 14:03:54 ET Gainers: Huadi International ( HUDI ) +22% . Tellurian ( TELL ) +14% . 5E Advanced Materials ( FEAM ) +11% . Materion ( MTRN ) +10% . Gulfport Energy ( GPOR ) +9% . Losers: Atlas Lithium ( ATLX ) -22% . Ica...

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