Feed / HPK

HighPeak Energy, Inc.

HPK

Energy · 8.48 -1.2% today

Participation confirmed · construction unavailableMarket checked 11 Sept, 15:55 GMT-4

Market read

HighPeak Energy, Inc.'s move is spreading beyond its market group.

No new filing conclusion is available. 5 of 13 group members are active now; 2 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Company-1.2% todayVolume comparison unavailable
Market group5 of 13 activeOil & Gas · inactive
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 9 of 13 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • FANG remains aligned with the group in the next market snapshot.

Invalidation: The live read weakens if participation falls to 4 of 13 members or fewer.

Watch this read

Research brief

The story so far

Energy · Oil & Gas E&P

No new filing conclusion is available. 5 of 13 group members are active now; 2 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 9 of 13 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • FANG remains aligned with the group in the next market snapshot.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods6
Price observations320
Usable filing statements28
Verified relationships0
Evidence supporting the case
  • Operating cash flow covered net income at 26.98x in the latest annual period.
  • Energy and commodity prices has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Latest annual revenue changed -22.7% year over year.
  • Operating margin changed -12.8 percentage points in the latest annual period.
  • Net margin changed -6.3 percentage points in the latest annual period.
Questions before a position
  • P/E is 160% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

8.48
6m+47.5%12m+9.3%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$220.1M+2612.6%$0.54
2022-12-31$755.7M+243.3%$1.93+17.3%
2023-12-31$1.1B+49.7%$1.58+10.7%
2024-12-31$1.1B-1.2%$0.67+5.0%
2025-12-31$863.4M-22.7%$0.14-3.0%

What management says matters

Persistent and emerging business drivers

Energy and commodity pricesmixed · 4 filings
These hedging instruments allow the Company to reduce, but not eliminate, the potential effects of the variability in cash flow from operations due to fluctuations in crude oil and natural gas prices and provide increased certainty of cash flows for its drill…
10-Q · May 6, 2026
Demand and volumemixed · 1 filings
However, they began declining in 2024 and continued to decline in 2025 and early 2026 due to concerns over trade wars and energy tariffs, among other factors, and has decreased from 2022 levels overall, as a result of increased supply outpacing increased dema…
10-K · Mar 11, 2026
Macroeconomic conditionsmixed · 1 filings
As a result of crude oil and natural gas supply constraints, there have been significant increases in European energy costs, which have resulted in inflationary pressures throughout Europe, increasing prospects of recession in many countries throughout the co…
10-K · Mar 11, 2026
Restructuring and cost reductionsnegative · 1 filings
If the estimated future net cash flows attributable to such projects are not expected to be sufficient to fully recover the costs invested in each project, the Company will recognize an impairment charge at that time.
10-K · Mar 11, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.2× · EV/sales 2.4×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

8.48-1.2% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for HPK. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for HPK. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind HPK

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

HPK is currently a Participant in the organic co-movement group Oil & Gas. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.