HighPeak Energy: Reducing Its Net Debt With A Conservative 2026 Development Plan
Source: SeekingAlpha
2026-03-12 23:13:34 ET
HighPeak Energy ( HPK ) is focusing on debt reduction, having unveiled a more conservative 2026 development plan while also suspending its dividend. It previously had discussed a two-rig program at $60 to $70 WTI oil but now expects to run one rig during 2026 despite 2026 strip prices being above $60 prior to the greatly reduced traffic through the Strait of Hormuz....
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HighPeak Energy: Reducing Its Net Debt With A Conservative 2026 Development Plan
HighPeak Energy Inc.
NASDAQ: HPK
HPK Trading
1.71% G/L:
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$5.62 Open:
