NASDAQ : HPK
HighPeak Energy, Inc. — Financial statements
Energy · Oil & Gas Exploration & Production · United States
Last price 10.19 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.29B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
HighPeak Energy, Inc. (HPK) reported revenue of 862.88M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 862.88M | 863.36M | 1.12B | 1.13B | 755.69M | 220.12M |
| Cost of Revenue | 239.64M | 245.12M | 243.48M | 219.88M | 108.04M | 35.80M |
| Gross Profit | 623.24M | 618.24M | 873.70M | 911.25M | 647.65M | 184.32M |
| Selling, General & Admin | 28.09M | 25.89M | 33.09M | 42.55M | 45.82M | 15.56M |
| Other Operating Expenses | 4.54M | 1.39M | 966.00K | 3.56M | 370.00K | 334.00K |
| Operating Expenses | 490.80M | 465.74M | 536.29M | 475.77M | 225.08M | 82.64M |
| Operating Income | 132.45M | 152.50M | 337.41M | 435.48M | 422.56M | 101.68M |
| Interest Expense | -144.75M | -147.14M | -168.71M | -147.90M | -50.61M | -2.48M |
| Interest & Investment Income | 4.66M | 3.85M | 8.69M | 2.91M | 266.00K | 1.00K |
| Other Non Operating Income (Expenses) | -77.21M | 44.91M | -46.46M | 27.60M | -60.01M | -26.73M |
| EBT Excluding Unusual Items | -84.86M | 54.12M | 130.92M | 318.09M | 312.21M | 72.46M |
| Other Unusual Items | -25.47M | -27.95M | -36.32M | |||
| Pretax Income | -110.32M | 26.17M | 130.92M | 281.77M | 312.21M | 72.46M |
| Income Tax Expense | -21.60M | 7.21M | 35.85M | 65.91M | 75.36M | 16.90M |
| Net Income | -88.72M | 18.96M | 95.07M | 215.87M | 236.85M | 55.56M |
| Preferred Dividends & Other Adjustments | -3.99M | 2.09M | 9.15M | 21.89M | 22.99M | 4.67M |
| Net Income to Common | -84.73M | 16.87M | 85.91M | 193.98M | 213.86M | 50.88M |
| Shares Outstanding (Basic) | 125.94M | 125.27M | 125.28M | 117.96M | 104.74M | 93.13M |
| Shares Outstanding (Diluted) | 125.94M | 125.33M | 129.21M | 123.02M | 111.16M | 94.77M |
| EPS (Basic) | -0.67 | 0.13 | 0.69 | 1.64 | 2.04 | 0.55 |
| EPS (Diluted) | -0.67 | 0.13 | 0.67 | 1.58 | 1.93 | 0.54 |
| Free Cash Flow | -7.88M | -10.56M | 70.50M | -268.74M | -807.33M | -143.98M |
| Free Cash Flow Per Share | -0.06 | -0.08 | 0.55 | -2.19 | -7.26 | -1.52 |
| Dividend Per Share | 0.08 | 0.16 | 0.16 | 0.12 | 0.10 | 0.07 |
| Gross Margin | 72.23% | 71.61% | 78.21% | 80.56% | 85.70% | 83.74% |
| Operating Margin | 15.35% | 17.66% | 30.20% | 38.50% | 55.92% | 46.19% |
| Profit Margin | -9.82% | 1.95% | 7.69% | 17.15% | 28.30% | 23.12% |
| Free Cash Flow Margin | -0.91% | -1.22% | 6.31% | -23.76% | -106.83% | -65.41% |
| EBITDA | 576.13M | 576.72M | 839.16M | 861.76M | 600.68M | 167.05M |
| EBITDA Margin | 66.77% | 66.80% | 75.11% | 76.19% | 79.49% | 75.89% |
| D&A For EBITDA | 443.68M | 424.22M | 501.75M | 426.28M | 178.11M | 65.37M |
| EBIT | 132.45M | 152.50M | 337.41M | 435.48M | 422.56M | 101.68M |
| EBIT Margin | 15.35% | 17.66% | 30.20% | 38.50% | 55.92% | 46.19% |
| Effective Tax Rate | 27.53% | 27.38% | 23.39% | 24.14% | 23.33% | |
| Revenue as Reported | 862.88M | 863.36M | 1.12B | 1.13B | 755.69M | 220.12M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 146.35M | 162.07M | 86.65M | 194.51M | 30.50M | 34.87M |
| Cash & Short-Term Investments | 146.35M | 162.07M | 86.65M | 194.51M | 30.50M | 34.87M |
| Accounts Receivable | 74.96M | 45.45M | 76.04M | 82.49M | 81.60M | 29.01M |
| Other Receivables | 6.20M | 8.20M | 7.80M | 7.60M | 10.30M | 9.60M |
| Receivables | 81.16M | 53.65M | 83.84M | 90.09M | 91.90M | 38.61M |
| Inventory | 3.82M | 7.65M | 10.95M | 7.25M | 13.28M | 3.30M |
| Prepaid Expenses | 3.22M | 5.05M | 4.59M | 995.00K | 4.13M | 7.15M |
| Other Current Assets | 29.71M | 31.47M | 8.98M | 35.98M | 4.72M | 3.02M |
| Total Current Assets | 264.26M | 259.90M | 195.01M | 328.83M | 144.53M | 86.95M |
| Property, Plant & Equipment | 2.89B | 2.93B | 2.85B | 2.73B | 2.13B | 732.01M |
| Other Long-Term Assets | 18.03M | 19.41M | 17.95M | 21.23M | ||
| Total Assets | 3.17B | 3.21B | 3.06B | 3.08B | 2.28B | 818.96M |
| Accounts Payable | 52.61M | 84.31M | 74.01M | 63.58M | 105.56M | 38.14M |
| Accrued Expenses | 13.88M | 20.93M | 22.20M | 21.01M | 28.75M | 6.30M |
| Current Portion of Long-Term Debt | 120.00M | 60.00M | 120.00M | 120.00M | ||
| Current Portion of Leases | 448.00K | 845.00K | 719.00K | 528.00K | 343.00K | 513.00K |
| Other Current Liabilities | 118.56M | 64.17M | 67.70M | 82.27M | 131.47M | 58.04M |
| Total Current Liabilities | 305.49M | 230.26M | 284.63M | 287.39M | 266.13M | 103.00M |
| Long-Term Debt | 1.07B | 1.13B | 928.38M | 1.03B | 704.35M | 97.93M |
| Long-Term Leases | 75.00K | 142.00K | 670.00K | |||
| Long-Term Deferred Tax Liabilities | 228.43M | 239.64M | 232.40M | 197.07M | 131.16M | 55.80M |
| Other Long-Term Liabilities | 20.54M | 16.30M | 14.75M | 13.31M | 8.19M | 9.17M |
| Total Liabilities | 1.62B | 1.62B | 1.46B | 1.53B | 1.11B | 265.90M |
| Common Stock | 13.00K | 13.00K | 13.00K | 13.00K | 11.00K | 10.00K |
| Additional Paid-In Capital | 1.16B | 1.16B | 1.17B | 1.19B | 1.01B | 617.49M |
| Retained Earnings | 387.38M | 432.55M | 435.83M | 363.28M | 160.74M | -64.44M |
| Shareholders' Equity | 1.55B | 1.59B | 1.60B | 1.55B | 1.17B | 553.06M |
| Total Liabilities & Equity | 3.17B | 3.21B | 3.06B | 3.08B | 2.28B | 818.96M |
| Total Debt | 1.19B | 1.19B | 1.05B | 1.15B | 704.69M | 98.44M |
| Net Cash (Debt) | -1.04B | -1.03B | -963.12M | -956.31M | -674.19M | -63.57M |
| Net Cash Per Share | -8.28 | -8.23 | -7.45 | -7.77 | -6.06 | -0.67 |
| Filing Date Shares Outstanding | 126.45M | 126.36M | 126.07M | 128.42M | 113.17M | 96.82M |
| Total Common Shares Outstanding | 126.45M | 125.33M | 126.07M | 128.42M | 113.17M | 96.77M |
| Working Capital | -41.23M | 29.64M | -89.62M | 41.44M | -121.60M | -16.05M |
| Book Value Per Share | 12.27 | 12.72 | 12.71 | 12.09 | 10.34 | 5.71 |
| Tangible Book Value | 1.55B | 1.59B | 1.60B | 1.55B | 1.17B | 553.06M |
| Tangible Book Value Per Share | 12.27 | 12.72 | 12.71 | 12.09 | 10.34 | 5.71 |
| Land | 1.85M | 1.87M | 1.87M | 2.14M | 2.14M | 1.12M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -88.72M | 18.96M | 95.07M | 215.87M | 236.85M | 55.56M |
| Depreciation & Amortization | 443.68M | 424.22M | 501.75M | 426.28M | 178.11M | 65.37M |
| Other Amortization | 4.86M | 11.60M | 18.14M | 26.55M | 13.37M | 498.00K |
| Stock-Based Compensation | 2.09M | 619.00K | 12.70M | 25.96M | 33.35M | 6.68M |
| Other Operating Activities | 32.99M | 15.89M | 68.13M | 44.31M | 77.42M | 33.11M |
| Change in Accounts Receivable | -11.64M | 29.70M | 9.35M | 2.01M | -57.22M | -31.66M |
| Change in Accounts Payable | 4.56M | 4.98M | 4.72M | 8.49M | 34.09M | 24.51M |
| Change in Other Net Operating Assets | 6.06M | 5.63M | -19.47M | 6.92M | -11.96M | -7.05M |
| Operating Cash Flow | 393.88M | 511.60M | 690.39M | 756.39M | 504.01M | 147.01M |
| Capital Expenditures | -401.76M | -522.16M | -619.89M | -1.03B | -1.31B | -291.00M |
| Sale of Property, Plant & Equipment | 18.00K | 570.00K | 339.00K | 3.37M | ||
| Other Investing Activities | 18.34M | 6.25M | -1.29M | -100.80M | 128.94M | 37.26M |
| Investing Cash Flow | -383.40M | -515.34M | -620.84M | -1.13B | -1.18B | -250.37M |
| Long-Term Debt Issued | 210.00M | 1.43B | 1.37B | 120.00M | ||
| Long-Term Debt Repaid | -90.00M | -120.00M | -1.00B | -755.00M | -20.00M | |
| Net Debt Issued (Repaid) | 150.00M | 120.00M | -120.00M | 425.00M | 610.18M | 100.00M |
| Issuance of Common Stock | 1.00K | 1.00K | 159.94M | 92.92M | 35.94M | |
| Repurchase of Common Stock | -5.07M | -5.07M | -35.17M | |||
| Common Dividends Paid | -10.99M | -20.91M | -20.06M | -11.86M | -10.41M | -4.64M |
| Other Financing Activities | -19.93M | -14.86M | -2.19M | -39.52M | -18.66M | -5.67M |
| Financing Cash Flow | 114.02M | 79.17M | -177.41M | 533.56M | 674.03M | 118.67M |
| Net Cash Flow | 124.49M | 75.43M | -107.87M | 164.01M | -4.37M | 15.32M |
| Free Cash Flow | -7.88M | -10.56M | 70.50M | -268.74M | -807.33M | -143.98M |
| Free Cash Flow Margin | -0.91% | -1.22% | 6.31% | -23.76% | -106.83% | -65.41% |
| Free Cash Flow Per Share | -0.06 | -0.08 | 0.55 | -2.19 | -7.26 | -1.52 |
| Levered Free Cash Flow | 68.91M | -66.33M | 41.15M | -485.82M | -752.68M | -114.32M |
| Unlevered Free Cash Flow | 154.51M | 14.04M | 128.45M | -419.94M | -734.42M | -113.26M |
| Cash Interest Paid | 139.89M | 135.54M | 151.97M | 133.10M | 24.27M | 1.81M |
| Cash Income Tax Paid | 256.00K | 498.00K | ||||
| Change in Working Capital | -1.02M | 40.31M | -5.41M | 17.42M | -35.09M | -14.20M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.10B | 595.28M | 1.86B | 1.83B | 2.59B | 1.43B |
| Enterprise Value | 2.14B | 1.62B | 2.80B | 2.83B | 3.12B | 1.51B |
| Last Close Price | 10.19 | 4.71 | 14.33 | 13.74 | 21.96 | 13.99 |
| PE Ratio | 35.29 | 21.67 | 9.43 | 12.10 | 28.02 | |
| Forward PE | 34.00 | 87.43 | 18.11 | 5.73 | 5.55 | 6.27 |
| PS Ratio | 1.28 | 0.69 | 1.67 | 1.62 | 3.42 | 6.48 |
| PB Ratio | 0.83 | 0.37 | 1.16 | 1.18 | 2.21 | 2.58 |
| P/TBV Ratio | 0.71 | 0.37 | 1.16 | 1.18 | 2.21 | 2.58 |
| P/FCF Ratio | 26.40 | |||||
| P/OCF Ratio | 2.81 | 1.16 | 2.70 | 2.42 | 5.13 | 9.70 |
| EV/Sales Ratio | 2.49 | 1.88 | 2.51 | 2.50 | 4.12 | 6.85 |
| EV/EBITDA Ratio | 3.73 | 2.82 | 3.34 | 3.28 | 5.19 | 9.03 |
| EV/EBIT Ratio | 16.23 | 10.65 | 8.30 | 6.49 | 7.37 | 14.83 |
| EV/FCF Ratio | 39.72 | |||||
| Debt / Equity Ratio | 0.77 | 0.75 | 0.66 | 0.74 | 0.60 | 0.18 |
| Debt / EBITDA Ratio | 2.06 | 2.07 | 1.25 | 1.34 | 1.17 | 0.59 |
| Debt / FCF Ratio | 14.89 | |||||
| Net Debt / Equity Ratio | 0.67 | 0.65 | 0.60 | 0.62 | 0.58 | 0.12 |
| Net Debt / EBITDA Ratio | 1.81 | 1.79 | 1.15 | 1.11 | 1.12 | 0.38 |
| Net Debt / FCF Ratio | -132.35 | -97.70 | 13.66 | -3.56 | -0.83 | -0.44 |
| Asset Turnover | 0.28 | 0.28 | 0.36 | 0.42 | 0.49 | 0.32 |
| Inventory Turnover | 45.05 | 26.36 | 26.75 | 21.42 | 13.03 | 20.91 |
| Quick Ratio | 0.74 | 0.94 | 0.60 | 0.99 | 0.46 | 0.71 |
| Current Ratio | 0.86 | 1.13 | 0.69 | 1.14 | 0.54 | 0.84 |
| Return on Equity (ROE) | -5.54% | 1.19% | 6.03% | 15.86% | 27.50% | 10.82% |
| Return on Assets (ROA) | 2.64% | 3.04% | 6.87% | 10.15% | 17.05% | 9.37% |
| Return on Invested Capital (ROIC) | 5.14% | 4.26% | 9.66% | 15.33% | 26.06% | 14.55% |
| Return on Capital Employed (ROCE) | 4.60% | 5.10% | 12.10% | 15.60% | 21.00% | 14.20% |
| Earnings Yield | -7.76% | 3.19% | 5.11% | 11.80% | 9.15% | 3.90% |
| FCF Yield | -0.71% | -1.77% | 3.79% | -14.70% | -31.20% | -10.10% |
| Dividend Yield | 0.92% | 3.37% | 1.08% | 0.81% | 0.44% | 0.51% |
| Payout Ratio | 110.27% | 21.10% | 5.50% | 4.40% | 8.35% | |
| Buyback Yield / Dilution | 1.35% | 3.00% | -5.03% | -10.66% | -17.30% | -3.43% |
| Total Shareholder Return | 2.24% | 6.37% | -3.94% | -9.86% | -16.86% | -2.92% |