HighPeak Energy, Inc. (HPK) Stock Price & Analysis
HighPeak Energy, Inc. (HPK) is trading at USD 8.8, up 1.50% today, as of November 3, 2026 at 18:01 UTC (US market open; quotes may be delayed), according to Nexqual market data.
HPK last closed at USD 8.67; today's session has ranged USD 8.4–9.01 on volume of 188,456 shares. Market capitalization is $1.11B, with a 52-week range of USD 3.85–12.03 (NGM). Source: Nexqual, retrieved November 3, 2026 at 18:04 UTC.
What changed for HPK since Aug 31, 2025
The built-in knowledge of several widely used AI models ends around Aug 31, 2025. Everything below is newer, dated and sourced (as of Nov 3, 2026).
- HighPeak Energy, Inc. (HPK) stock went from USD 7.7 (close of the week of Aug 25, 2025, split-adjusted) to USD 8.8, a +14.3% price change (+15.6% including dividends); the S&P 500 (SPY) moved +18.7% over the same period.
- HPK revenue over the last four reported quarters (through Jun 30, 2026) was $894M, -20.0% vs $1.12B in fiscal year 2024 (ended Dec 31, 2024), the last full year filed before September 2025; net income $95.1M → -$88.7M (SEC 10-K / 10-Q).
Also available as compact Markdown for AI agents: nexqual.com/HPK.md
Key facts (HPK)
- Last four reported quarters (through Jun 30, 2026): revenue $894M, net income -$88.7M (-9.9% margin) (SEC filings).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (1 analysts), mean target USD 10 (range 10–10).
- Total return with dividends: 1Y +40.7% vs S&P 500 +11.8%; 5Y -35.5% vs S&P 500 +72.4%.
- Next earnings: 2026-11-09, EPS estimate USD 0.07, revenue estimate $252M. All companies reporting that day: https://nexqual.com/earnings/2026-11-09
- Dividend: USD 0.04 paid over the last 12 months, paid annual; latest ex-dividend date 2025-12-01; annual dividends grew 17.0% a year 2022–2025.
- Short interest: 48.21% of float (as of 2026-10-15), 11.3 days to cover.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HPK)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $220M | $756M | $1.13B | $1.12B | $863M | $894M |
| Operating income | $102M | $423M | $426M | $337M | $150M | $132M |
| Net income | $55.6M | $237M | $216M | $95.1M | $19.0M | -$88.7M |
| EPS (diluted) | $0.54 | $1.93 | $1.58 | $0.67 | $0.14 | — |
| Operating margin | 46.2% | 55.9% | 37.7% | 30.2% | 17.4% | 14.8% |
| Net margin | 25.2% | 31.3% | 19.1% | 8.5% | 2.2% | -9.9% |
| Revenue growth | — | +243.3% | +49.7% | -1.2% | -22.7% | — |
| Cash + short-term investments | $34.9M | $30.5M | $195M | $86.6M | $162M | — |
| Total debt | $97.9M | $704M | $1.15B | $1.05B | $1.19B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (HPK)
P/S 1.2x · EV/EBITDA 3.8x · EV/Sales 2.4x · P/B 0.7x · Earnings yield -7.97% · Dividend yield (paid, TTM) 0.99% · Net debt $1.04B · EV $2.16B
P/E at fiscal year-ends: Dec 2025 31.3x, Dec 2024 20.0x, Dec 2023 8.1x.
Analysts (HPK)
Consensus Buy (mean 2.00 on a 1–5 scale), 1 analysts; mean target USD 10 (low 10, high 10).
Total return (dividends reinvested) (HPK)
| 1Y (from 2025-11-03) | 5Y (from 2021-11-01) | |
|---|---|---|
| Total return | +40.7% | -35.5% |
| S&P 500 (SPY) | +11.8% | +72.4% |
| Per year | +40.8% | -8.4% |
| Volatility (annualized) | 82.0% | 63.8% |
| Max drawdown | -43.5% (Dec 2025→Jan 2026) | -89.2% (Apr 2022→Jan 2026) |
Dividends (HPK)
Dividend. Paid over the last 12 months: USD 0.04 in 1 payment (annual).
Most recent ex-dividend date: Dec 1, 2025; payment date: Dec 23, 2025. To receive a dividend, shares must be owned before the ex-dividend date.
Latest change: raised 60.0% to USD 0.04 per payment from USD 0.025, starting with the Feb 29, 2024 ex-dividend date.
Payout ratio 123% of earnings (above 100%: dividends exceeded net income; for REITs and partnerships, cash-flow measures are more relevant) · 5-year average yield 0.68% · annual dividends grew 17.0% a year from 2022 to 2025.
| Ex-dividend date | Amount per share |
|---|---|
| 2025-12-01 | USD 0.04 |
| 2025-09-02 | USD 0.04 |
| 2025-06-02 | USD 0.04 |
| 2025-03-03 | USD 0.04 |
| 2024-12-02 | USD 0.04 |
| 2024-09-03 | USD 0.04 |
| 2024-06-03 | USD 0.04 |
| 2024-02-29 | USD 0.04 |
Total by calendar year: 2022 USD 0.10 · 2023 USD 0.10 · 2024 USD 0.16 · 2025 USD 0.16.
Short interest (HPK)
7,429,372 shares sold short, 48.21% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 7,889,877 shares (-5.8%). Days to cover: 11.3 (short shares ÷ average daily volume).
HPK earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 10, 2026 | Quarter ended Jun 30, 2026 | $0.32 | $0.03 | Beat +$0.29 | +14.7% |
| May 6, 2026 | Quarter ended Mar 31, 2026 | −$0.02 | −$0.02 | In line | -17.7% |
| Mar 11, 2026 | Quarter ended Dec 31, 2025 | −$0.20 | −$0.07 | Miss −185.7% | +3.5% |
| Nov 5, 2025 | Quarter ended Sep 30, 2025 | $0.03 | $0.02 | Beat +$0.01 | -15.4% |
| Aug 11, 2025 | — | — | — | — | -16.6% |
| Jun 30, 2025 | — | — | — | — | +0.2% |
| May 12, 2025 | — | — | — | — | +12.7% |
| Mar 10, 2025 | — | — | — | — | -8.5% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
HPK recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 6, 2026 | 8-K | Entered a material agreement; Unregistered sale of shares; Regulation FD disclosure; Other material event “On October 6, 2026 (the "Signing Date"), HighPeak Energy, Inc. (the "Company") entered into (x) a Securities Purchase Agreement, with PT Danantara Energy International ("DEI"), a subsidiary of PT Danantara Investment Management pursuant to which DEI has agreed to purchase from the Company 250,000 shares of a newly created series of convertible preferred stock, designated as Series A 6.0% Perpetual Convertible Preferred Stock (the "Series A Preferred Stock") and (y) a Securities Purchase Agreement with PT Tunas…” |
| Aug 10, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 10, 2026 | 8-K | Quarterly results; Regulation FD disclosure |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
HPK suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Jayco Holdings | “Chernosky has served on our Board since August 2020 and is currently a Principal of Travis Energy Partners LP since 2019, Jayco Holdings I, LP since 2005, Jayco Holdings II, LP since 2010, Jayco Holdings LLC since 2005, Bertrand Properties LP and Bertrand Properties, Inc. since 2000, Vargas Properties LP since 2022, which are private family-owned real estate and energy investment entities.” |
| Partner | Properties LP and Bertrand Properties | “Chernosky has served on our Board since August 2020 and is currently a Principal of Travis Energy Partners LP since 2019, Jayco Holdings I, LP since 2005, Jayco Holdings II, LP since 2010, Jayco Holdings LLC since 2005, Bertrand Properties LP and Bertrand Properties, Inc. since 2000, Vargas Properties LP since 2022, which are private family-owned real estate and energy investment entities.” |
Quoted from the company's 10-K filed Mar 11, 2026.
HPK company outlook (results filed Aug 10, 2026)
- “We have delivered production 7% above the midpoint of our guidance while keeping our development program on budget.”
- “Meanwhile, our continued focus on operational efficiency, cost control and base production optimization drove first-half operating expenses that were 13% below the midpoint of our guidance.”
- “Projected results of the Company for 2026 are particularly speculative and subject to change.”
Quoted word-for-word from the SEC 8-K results press release.
HPK analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.07 | $-0.01 | +$0.08 | $251.8M | 2 |
| Next quarter (ends Dec 2026) | $0.13 | $-0.04 | +$0.17 | $228.8M | 2 |
| Current fiscal year (ends Dec 2026) | $0.09 | $-0.07 | +$0.16 | $969.0M | 2 |
| Next fiscal year (ends Dec 2027) | $0.13 | $-0.22 | +$0.35 | $815.1M | 2 |
HPK options: expected move
Options price a move of about ±27.9% (±$2.45) by Nov 20, 2026, which includes earnings on Nov 9, 2026. Over the last 8 reports the stock moved ±11.2% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 17 | 134.3% | ±27.9% |
| Dec 18, 2026 | 45 | 82.6% | ±27.3% |
| Feb 19, 2027 | 108 | 86.4% | ±41.3% |
| May 21, 2027 | 199 | 71.5% | ±54.7% |
30-day implied volatility 113.4% vs 74.8% realized over the last 30 trading days. Put/call ratio (volume) 0.04. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of November 3, 2026 at 18:04 UTC)
| Price | USD 8.8 |
|---|---|
| Change | ▲ 1.50% (up) |
| Previous Close | USD 8.67 |
| Open | USD 8.51 |
| Day Range | USD 8.4 – 9.01 |
| 52-Week Range | USD 3.85 – 12.03 |
| Volume | 188,456 shares |
| Market Cap | $1.11B |
| Exchange | NGM |
Technical Analysis (HPK)
Nexqual's technical model rates HPK "SELL" based on 2 bullish and 4 bearish signals across 128 daily candles, as of November 3, 2026 at 18:04 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 39.74 (neutral) |
| vs SMA50 | Below (USD 8.93) |
| MACD | 0.28 (positive) |
Analyst Ratings (HPK)
Wall Street analysts rate HPK "Buy" based on 1 analysts, with a mean price target of USD 10 (range USD 10–10), per Nexqual as of November 3, 2026 at 18:04 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 1 |
| Mean Target | USD 10 |
| High Target | USD 10 |
| Low Target | USD 10 |
| Buy / Hold / Sell | 1 / 0 / 0 |
Earnings (HPK)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD 0.07 |
| Revenue Estimate | $251.85M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.32 vs est 0.03 ▲ beat |
| 2026-03-31 | USD -0.02 vs est -0.02 ▲ beat |
| 2025-12-31 | USD -0.2 vs est -0.07 ▼ miss |
| 2025-09-30 | USD 0.03 vs est 0.02 ▲ beat |
Source: Nexqual, November 3, 2026 at 18:04 UTC.
Financials & Fundamentals (HPK)
| Total Revenue | $862.88M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +25.80% |
| Gross Margin | +72.23% |
| Operating Margin | +29.46% |
| Profit Margin | -10.28% |
| ROE | -5.54% |
| Debt / Equity | 0.77 |
| Current Ratio | 0.87 |
| Total Cash | $146.35M |
| Total Debt | $1.19B |
Source: Nexqual, November 3, 2026 at 18:04 UTC.
Financial Health Score (HPK)
Nexqual rates HighPeak Energy, Inc.'s overall financial health "Mixed" across five dimensions, as of November 3, 2026 at 18:04 UTC.
| Growth | Critical — Revenue -14% (last 4 quarters to Jun 2026 vs the 4 before, SEC), sharp decline |
|---|---|
| Profitability | Strong — Gross margin 72%, operating 15% (last 12 months) |
| Balance Sheet | Weak — $146M cash and investments vs $1.19B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $512M (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -6%, ROA -2.8% (last 4 quarters, SEC) |
Ownership (HPK)
| Insider Ownership | +82.30% |
|---|---|
| Institutional Ownership | +38.36% |
| Shares Outstanding | 126.45M |
| Float | 21.83M |
| Short % of Float | +48.21% |
Source: Nexqual, November 3, 2026 at 18:04 UTC.
Leadership (HPK)
HighPeak Energy, Inc. is led by Michael L. Hollis, President, CEO, & Director, per Nexqual as of November 3, 2026 at 18:04 UTC.
| President, CEO, & Director | Michael L. Hollis |
|---|---|
| Chief Financial Officer | Steven W. Tholen |
| Executive VP & COO | Rodney L. Woodard |
| Executive VP & Director | Daniel Meads Silver |
| Executive Vice President | William Ryan Hightower |
Major Backers & Investors (HPK)
Notable institutional backers of HighPeak Energy, Inc. include Arax Advisory Partners, U.S. Capital Wealth Advisors, LLC, AQR Capital Management, LLC, according to Nexqual as of November 3, 2026 at 18:04 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Arax Advisory Partners | 10.99% |
| U.S. Capital Wealth Advisors, LLC | 10.98% |
| AQR Capital Management, LLC | 1.03% |
| Shaw D.E. & Co., Inc. | 0.8% |
| American Century Companies Inc | 0.75% |
| Millennium Management | 0.63% |
| Texas Capital Bank Wealth Management Services, Inc. | 0.61% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 1.49% |
| Vanguard Group | 0.69% |
| Geode Capital | 0.6% |
Source: Nexqual, November 3, 2026 at 18:04 UTC.
Legal & Regulatory Risks from HighPeak Energy, Inc.'s Latest 10-K (filed 2026-03-11)
- Our existing and future indebtedness may adversely affect our cash flows and ability to operate our business, remain in compliance and repay our debt.
- Changes in laws or regulations, or a failure to comply with any laws or regulations, may adversely affect HighPeak Energy's business, investments and results of operations.
Source: SEC EDGAR 10-K, Item 1A, official filing.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MGY | Magnolia Oil & Gas Corporation | USD 25.05 | ▼ 0.02% |
| CRGY | Crescent Energy Company | USD 13.21 | ▼ 1.97% |
| BSM | Black Stone Minerals, L.P. | USD 14.73 | ▼ 0.1% |
| BTE | Baytex Energy Corp | USD 4.78 | ▼ 0.31% |
| CRK | Comstock Resources, Inc. | USD 14.07 | ▲ 0.07% |
| CRC | California Resources Corporatio | USD 52.96 | ▲ 0.79% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: November 3, 2026 at 18:04 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt