With Weld County expressing its support for the oil and gas industry, HighPoint Resources' (HPR) development plans should not be hampered by new regulations in Colorado. I believe that HighPoint was trading at a bit of a discount due to the potential for regulatory issues before, but that should not be the case anymore.
HighPoint does have some other potential challenges with its projected leverage coming in at around 2.0x now at current strip prices, with 2.0x or under considered the target range for upstream companies these days. Leverage remains something to monitor