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NASDAQ:HPK

HighPeak Energy (HPK) Stock Price, News & Analysis

$14.27
+0.29 (+2.07%)
(As of 06/6/2024 ET)
Today's Range
$13.81
$14.29
50-Day Range
$13.78
$16.19
52-Week Range
$10.44
$18.42
Volume
416,419 shs
Average Volume
343,302 shs
Market Capitalization
$1.82 billion
P/E Ratio
11.51
Dividend Yield
1.12%
Price Target
$23.60

HighPeak Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
65.4% Upside
$23.60 Price Target
Short Interest
Bearish
22.70% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.77mentions of HighPeak Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-35.19%
From $2.16 to $1.40 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.22 out of 5 stars

Oils/Energy Sector

165th out of 232 stocks

Drilling Oil & Gas Wells Industry

10th out of 13 stocks

HPK stock logo

About HighPeak Energy Stock (NASDAQ:HPK)

HighPeak Energy, Inc., an independent oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas.

HPK Stock Price History

HPK Stock News Headlines

HighPeak Energy Joins The Mainstream
HighPeak Energy earnings preview: what Wall Street is expecting
Shhh! 7 Small-Cap Stocks That Can Double by 2025
HighPeak Energy: Strategic Alternatives
HighPeak Energy: Strategic Alternatives
HPK Aug 2024 15.000 call
HPK Aug 2024 10.000 put
See More Headlines
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Company Calendar

Ex-Dividend for 3/25 Dividend
2/29/2024
Dividend Payable
3/25/2024
Last Earnings
5/08/2024
Ex-Dividend for 6/25 Dividend
6/03/2024
Today
6/06/2024
Dividend Payable
6/25/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
N/A
Current Symbol
NASDAQ:HPK
Fax
N/A
Employees
48
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.60
High Stock Price Target
$34.20
Low Stock Price Target
$13.00
Potential Upside/Downside
+68.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$215.87 million
Pretax Margin
19.21%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$5.38 per share
Book Value
$12.09 per share

Miscellaneous

Free Float
28,767,000
Market Cap
$1.79 billion
Optionable
Optionable
Beta
0.69
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HPK Stock Analysis - Frequently Asked Questions

Should I buy or sell HighPeak Energy stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for HighPeak Energy in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HPK shares.
View HPK analyst ratings
or view top-rated stocks.

What is HighPeak Energy's stock price target for 2024?

2 Wall Street research analysts have issued 12 month price objectives for HighPeak Energy's stock. Their HPK share price targets range from $13.00 to $34.20. On average, they predict the company's share price to reach $23.60 in the next twelve months. This suggests a possible upside of 65.4% from the stock's current price.
View analysts price targets for HPK
or view top-rated stocks among Wall Street analysts.

How have HPK shares performed in 2024?

HighPeak Energy's stock was trading at $14.24 at the beginning of the year. Since then, HPK shares have increased by 0.2% and is now trading at $14.27.
View the best growth stocks for 2024 here
.

Are investors shorting HighPeak Energy?

HighPeak Energy saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,680,000 shares, an increase of 12.8% from the April 30th total of 4,150,000 shares. Based on an average daily trading volume, of 323,600 shares, the short-interest ratio is currently 14.5 days. Currently, 22.7% of the company's stock are short sold.
View HighPeak Energy's Short Interest
.

When is HighPeak Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our HPK earnings forecast
.

How were HighPeak Energy's earnings last quarter?

HighPeak Energy, Inc. (NASDAQ:HPK) announced its quarterly earnings data on Wednesday, May, 8th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.39 by $0.02. The firm had revenue of $287.80 million for the quarter, compared to the consensus estimate of $284.38 million. HighPeak Energy had a net margin of 14.64% and a trailing twelve-month return on equity of 16.58%. The firm's revenue for the quarter was up 28.6% on a year-over-year basis. During the same period last year, the firm posted $0.39 earnings per share.

How often does HighPeak Energy pay dividends? What is the dividend yield for HighPeak Energy?

HighPeak Energy announced a quarterly dividend on Wednesday, May 8th. Shareholders of record on Monday, June 3rd will be given a dividend of $0.04 per share on Tuesday, June 25th. This represents a $0.16 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Monday, June 3rd.
Read our dividend analysis for HPK
.

Is HighPeak Energy a good dividend stock?

HighPeak Energy (NASDAQ:HPK) pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.14%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HPK will have a dividend payout ratio of 11.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HPK.

What ETF holds HighPeak Energy's stock?

Invesco Energy Exploration & Production ETF holds 258,125 shares of HPK stock, representing 2.57% of its portfolio.

Who are HighPeak Energy's major shareholders?

HighPeak Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.45%), Kennedy Capital Management LLC (0.46%), Wasatch Advisors LP (0.41%), Denali Advisors LLC (0.14%), Empowered Funds LLC (0.12%) and GSA Capital Partners LLP (0.10%). Insiders that own company stock include Jack Hightower, Jason A Edgeworth, John Paul Dejoria, Keith E Forbes, Michael H Gustin, Michael L Hollis, Rodney L Woodard and Steven W Tholen.
View institutional ownership trends
.

How do I buy shares of HighPeak Energy?

Shares of HPK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HPK) was last updated on 6/6/2024 by MarketBeat.com Staff

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