|Over a week ago|
HighPeak Energy files to sell 7.46M shares of common stock for holders 16:0509/0709/07/22
|Over a quarter ago|
HighPeak Energy files to sell 7.33M shares of common stock for holders 16:1006/2906/29/22
Five new option listings and one option delisting on June 21st » 08:3006/2106/21/22
HPK, GPOR, SGML, NRC, ENIA
New option listings for…
New option listings for June 21st include HighPeak Energy Inc (HPK), ENIAY Stock (ENIAY), Gulfport Energy (GPOR), SGML Stock (SGML), and National Research Corporation (NRC). Option delistings effective June 21st include Enersis Americas (ENIA).
HighPeak Energy sees 2022 average production rate of 32-37.5 MBOE/D » 18:4205/1605/16/22
Sees 2023 average…
Sees 2023 average production rate of 62-72 MBOE/D. The company states: "The company is providing updated 2022 pro forma guidance incorporating the recently announced Hannathon acquisition. Pro forma, the company currently plans to operate six drilling rigs and an average of two to three frac fleets during the remainder of 2022, assuming commodity prices and rates of return remain attractive. The company began drilling with a fifth rig at the end of the first quarter 2022 and plans to continue Hannathon's current one rig development program upon the closing of the acquisition. The company is also providing 2023 production guidance which assumes the continuation of a six-rig drilling program through year-end 2023. However, the scope, duration and magnitude of the direct and indirect effects of the COVID-19 pandemic are continuing to evolve and in ways that are difficult or impossible to anticipate. Given the dynamic nature of this situation and the recent Russian invasion of Ukraine, the company is maintaining flexibility in its capital plan and will continue to evaluate drilling and completion activity on an economic basis, with future activity levels assessed monthly."
HighPeak Energy reports Q1 EPS (17c) vs. 5c last year » 18:4105/1605/16/22
Reports Q1 revenue $92.2M…
Reports Q1 revenue $92.2M vs. 25.7M last year. CEO, Jack Hightower said "We are extremely excited about our highly accretive Hannathon acquisition and our recent encouraging multi-zone well results in Signal Peak. We have great confidence and excitement for the future of this area and its increasing importance to our growth trajectory moving forward. Our current pro forma production is approaching 30,000 Boe/day and at today's prices our EBITDA run rate is approaching cash flow neutrality and will transition to positive free cash flow in the second half of 2022. Looking into 2023, we expect to continue our robust growth profile while generating substantial free cash flow and value creation for our shareholders."
Fly Intel: After-Hours Movers » 18:3405/1605/16/22
GAN, QRHC, SHLS, PEAR, RKLB, TTWO, IONQ, FUV, SSYS, NRDY, TME, GLBE, BZFD, HPK, ALBO
Check out this evening's…
HighPeak Energy price target raised to $38.75 from $32.50 at Roth Capital » 08:5204/2804/28/22
Roth Capital analyst John…
Roth Capital analyst John M. White raised the firm's price target on HighPeak Energy to $38.75 from $32.50 and keeps a Buy rating on the shares. The analyst has incorporated the recently announced acquisition of Hannathon Petroleum, the consideration agreed to and the recently issued guidance.
Short Report: Stitch Fix bears gnawing on shares » 12:1204/2304/23/22
HPK, SFIX, SIEN, NKLA, DNAY, STAR
Welcome to this week’s…
HighPeak Energy reports Q4 EPS ,35c two estimates 38c » 16:2203/0703/07/22
Reports Q4 revenue…
Reports Q4 revenue $98.7M, consensus $85.36M. The Company added a third drilling rig in October 2021 to further delineate its Signal Peak area and to accelerate development drilling in its Flat Top operating area. The Company added a fourth drilling rig in early January 2022. Additionally, we will continue the buildout of our field infrastructure to reduce operating costs and advance our ESG objectives. The Company currently plans to operate a minimum of four drilling rigs and an average of two frac fleets during 2022, assuming commodity prices and rates of return remain attractive. However, the scope, duration and magnitude of the direct and indirect effects of the COVID-19 pandemic are continuing to evolve and in ways that are difficult or impossible to anticipate. Given the dynamic nature of this situation and the recent Russian invasion of Ukraine, the Company is maintaining flexibility in its capital plan and will continue to evaluate drilling and completion activity on an economic basis, with future activity levels assessed monthly.
HighPeak Energy files to sell $300M in common stock 06:2112/1712/17/21