HPK on Nasdaq
HighPeak Energy, Inc.
American drilling oil and gas wells company based in Fort Worth2
In its 2026 annual report the company says: “HighPeak Energy, Inc., a Delaware corporation formed on October 29, 2019, is an independent crude oil and natural gas exploration and production company that explores for, develops and produces crude oil, NGL and natural gas in the Permian Basin in West Texas, more specifically, the Midland Basin primarily in Howard and Borden Counties, Texas, and to a lesser extent Scurry and Mitchell Counties, which lie within the northeastern part of the crude oil-rich Midland Basin.”50 Its shares trade on Nasdaq under the symbol HPK.2
Price unavailable
Last updated Oct 21, 2026.
Overview
Compare with Borr Drilling Ltd, Diamond Offshore Drilling or Seadrill, or pick any stock.
- TickerHPK on Nasdaq2
- IndustryDrilling Oil & Gas Wells2
- HeadquartersFort Worth, United States2
- Incorporated inDE3
- Business address421 W. 3Rd Street, Suite 1000, Fort Worth, Tx 761023
- Filer categoryAccelerated filer3
- Legal formCorporation2
- LEI549300J4RNCV140DUY762
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O CAPITOL SERVICES, INC., 19901 Dover, United States2
- Registered withDivision of Corporations, Department of State, 76771832
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
17.4%Operating margin4
2.2%Net margin4
-22.7%Revenue growth, 20254
1.2%Return on equity4
0.71×Debt to equity4
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Crude Oil Sales brought in 91% of the revenue HighPeak Energy, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Crude Oil Sales | $1.1B | $1.1B | $786.0M |
| Natural Gas and NGL Sales | $44.5M | $56.7M | $77.4M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin3¢$25.3M
- Other costs77¢$664.8M
- Interest17¢$147.1M
- Income tax1¢$7.2M
- Profit2¢$19.0M
Out of $863.4M in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Dividends paid4¢$20.9M
- Kept or used elsewhere96¢$490.7M
Out of $511.6M of cash from operations.4
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $863.4M | $1.1B | $1.1B |
| Crude oil and natural gas production | $139.5M | $132.2M | $145.4M |
| Gathering, processing and transportation | $68.4M | $47.8M | $19.8M |
| Production and ad valorem taxes | $37.2M | $59.7M | $58.5M |
| Exploration and abandonments | $16.7M | $1.5M | $5.2M |
| Depletion, depreciation and amortization | $421.8M | $500.8M | $424.4M |
| Accretion of discount | $1.1M | $966.0K | $522.0K |
| General and administrative | $25.3M | $20.4M | $16.6M |
| Stock-based compensation | $619.0K | $12.7M | $26.0M |
| Total operating costs and expenses | $710.5M | $776.0M | $696.4M |
| Other expense | $2.8M | $3.8M | $8.3M |
| Income from operations | $150.0M | $337.4M | $426.5M |
| Interest income | $3.8M | $8.7M | $2.9M |
| Interest expense | -$147.1M | -$168.7M | -$147.9M |
| Gain (loss) on derivative instruments, net | $44.9M | -$46.5M | $27.6M |
| Loss on extinguishment of debt | -$25.4M | $0 | -$27.3M |
| Income before income taxes | $26.2M | $130.9M | $281.8M |
| Provision for income taxes | $7.2M | $35.9M | $65.9M |
| Net income | $19.0M | $95.1M | $215.9M |
| Basic net income (in dollars per share) | $0.13 | $0.69 | $1.64 |
| Diluted net income (in dollars per share) | $0.14 | $0.67 | $1.58 |
| Basic (in shares) | 125.3M shares | 125.3M shares | 118.0M shares |
| Diluted (in shares) | 125.3M shares | 129.2M shares | 123.0M shares |
| Dividends declared per share (in dollars per share) | $0.16 | $0.16 | $0.10 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $162.1M | $86.6M | ||
| Accounts receivable | $55.5M | $85.2M | ||
| Derivative instruments | $29.6M | $7.6M | ||
| Inventory | $7.6M | $11.0M | ||
| Prepaid expenses | $5.1M | $4.6M | ||
| Total current assets | $259.9M | $195.0M | ||
| Proved properties | $4.5B | $4.0B | ||
| Unproved properties | $59.3M | $70.9M | ||
| Accumulated depletion, depreciation and amortization | -$1.6B | -$1.2B | ||
| Total crude oil and natural gas properties, net | $2.9B | $2.8B | ||
| Other property and equipment, net | $3.0M | $3.2M | ||
| Derivative instruments | $4.2M | $0 | ||
| Other noncurrent assets | $16.2M | $19.3M | ||
| Total assets | $3.2B | $3.1B | ||
| Current maturities of long-term debt | $60.0M | $120.0M | ||
| Accounts payable trade | $84.3M | $74.0M | ||
| Accrued capital expenditures | $30.9M | $35.2M | ||
| Revenues and royalties payable | $30.7M | $26.8M | ||
| Other accrued liabilities | $20.9M | $22.2M | ||
| Advances from joint interest owners | $2.2M | $316.0K | ||
| Operating leases | $845.0K | $719.0K | ||
| Derivative instruments | $380.0K | $5.4M | ||
| Total current liabilities | $230.3M | $284.6M | ||
| Long-term debt, net | $1.1B | $928.4M | ||
| Deferred income taxes | $239.6M | $232.4M | ||
| Asset retirement obligations | $15.9M | $14.8M | ||
| Derivative instruments | $360.0K | $0 | ||
| Operating leases | $142.0K | $670.0K | ||
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at December 31, 2025 and 2024 | $0 | $0 | ||
| Common stock, $0.0001 par value, 600,000,000 shares authorized, 125,330,104 and 126,067,436 shares issued and outstanding at December 31, 2025 and 2024, respectively | $13.0K | $13.0K | ||
| Additional paid-in capital | $1.2B | $1.2B | ||
| Retained earnings | $432.5M | $435.8M | ||
| Total stockholders equity | $1.6B | $1.6B | $1.6B | $1.2B |
| Total liabilities and stockholders equity | $3.2B | $3.1B | ||
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Preferred Stock, Shares Issued (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 600.0M shares | 600.0M shares | ||
| Common Stock, Shares, Issued (in shares) | 125.3M shares | 126.1M shares | ||
| Common Stock, Shares, Outstanding (in shares) | 125.3M shares | 126.1M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $162.1M | $86.6M | ||
| Accounts receivable | $55.5M | $85.2M | ||
| Derivative instruments | $29.6M | $7.6M | ||
| Inventory | $7.6M | $11.0M | ||
| Prepaid expenses | $5.1M | $4.6M | ||
| Total current assets | $259.9M | $195.0M | ||
| Proved properties | $4.5B | $4.0B | ||
| Unproved properties | $59.3M | $70.9M | ||
| Accumulated depletion, depreciation and amortization | -$1.6B | -$1.2B | ||
| Total crude oil and natural gas properties, net | $2.9B | $2.8B | ||
| Other property and equipment, net | $3.0M | $3.2M | ||
| Derivative instruments | $4.2M | $0 | ||
| Other noncurrent assets | $16.2M | $19.3M | ||
| Total assets | $3.2B | $3.1B | ||
| Current maturities of long-term debt | $60.0M | $120.0M | ||
| Accounts payable trade | $84.3M | $74.0M | ||
| Accrued capital expenditures | $30.9M | $35.2M | ||
| Revenues and royalties payable | $30.7M | $26.8M | ||
| Other accrued liabilities | $20.9M | $22.2M | ||
| Advances from joint interest owners | $2.2M | $316.0K | ||
| Operating leases | $845.0K | $719.0K | ||
| Derivative instruments | $380.0K | $5.4M | ||
| Total current liabilities | $230.3M | $284.6M | ||
| Long-term debt, net | $1.1B | $928.4M | ||
| Deferred income taxes | $239.6M | $232.4M | ||
| Asset retirement obligations | $15.9M | $14.8M | ||
| Derivative instruments | $360.0K | $0 | ||
| Operating leases | $142.0K | $670.0K | ||
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at December 31, 2025 and 2024 | $0 | $0 | ||
| Common stock, $0.0001 par value, 600,000,000 shares authorized, 125,330,104 and 126,067,436 shares issued and outstanding at December 31, 2025 and 2024, respectively | $13.0K | $13.0K | ||
| Additional paid-in capital | $1.2B | $1.2B | ||
| Retained earnings | $432.5M | $435.8M | ||
| Total stockholders equity | $1.6B | $1.6B | $1.6B | $1.2B |
| Total liabilities and stockholders equity | $3.2B | $3.1B | ||
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Preferred Stock, Shares Issued (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 600.0M shares | 600.0M shares | ||
| Common Stock, Shares, Issued (in shares) | 125.3M shares | 126.1M shares | ||
| Common Stock, Shares, Outstanding (in shares) | 125.3M shares | 126.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $19.0M | $95.1M | $215.9M |
| Provision for deferred income taxes | $7.2M | $35.3M | $65.9M |
| Loss on extinguishment of debt | $25.4M | $0 | $27.3M |
| (Gain) loss on derivative instruments, net | -$44.9M | $46.5M | -$27.6M |
| Cash received (paid) on settlement of derivative instruments | $14.1M | -$14.2M | -$24.2M |
| Amortization of debt issuance costs | $5.9M | $8.3M | $11.4M |
| Amortization of discounts on long-term debt | $5.7M | $9.9M | $15.1M |
| Stock-based compensation expense | $619.0K | $12.7M | $26.0M |
| Accretion expense | $1.1M | $966.0K | $522.0K |
| Depletion, depreciation and amortization | $421.8M | $500.8M | $424.4M |
| Exploration and abandonment expense | $15.4M | $620.0K | $4.2M |
| Accounts receivable | $29.7M | $9.3M | $2.0M |
| Prepaid expenses, inventory and other assets | $5.6M | -$19.5M | $6.9M |
| Accounts payable, accrued liabilities and other current liabilities | $5.0M | $4.7M | $8.5M |
| Net cash provided by operating activities | $511.6M | $690.4M | $756.4M |
| Additions to crude oil and natural gas properties | -$515.4M | -$604.8M | -$1.0B |
| Changes in working capital associated with crude oil and natural gas property additions | $6.2M | -$1.3M | -$100.8M |
| Acquisitions of crude oil and natural gas properties | -$6.7M | -$14.8M | -$15.1M |
| Proceeds from sales of properties | $570.0K | $339.0K | $0 |
| Other property additions | -$54.0K | -$216.0K | -$193.0K |
| Net cash used in investing activities | -$515.3M | -$620.8M | -$1.1B |
| Dividends paid | -$20.9M | -$20.1M | -$11.9M |
| Debt issuance costs | -$7.9M | -$58.0K | -$28.4M |
| Cash paid for tax withholding on vested equity awards | -$5.1M | $0 | $0 |
| Premium on extinguishment of debt | -$4.8M | $0 | -$4.5M |
| Dividend equivalents paid | -$2.1M | -$2.1M | -$1.3M |
| Stock offering costs | -$155.0K | $0 | -$5.4M |
| Proceeds from exercise of warrants | $1.0K | $1.0K | $4.0M |
| Repurchased shares under buyback program | $0 | -$35.2M | $0 |
| Repayments of 10.000% Senior Notes and 10.625% Senior Notes | $0 | $0 | -$475.0M |
| Proceeds from issuance of common stock | $0 | $0 | $155.8M |
| Proceeds from exercises of stock options | $0 | $0 | $148.0K |
| Net cash provided (used in) by financing activities | $79.2M | -$177.4M | |
| Net increase (decrease) in cash and cash equivalents | $75.4M | -$107.9M | $164.0M |
| Cash paid for interest | $135.5M | $152.0M | $133.1M |
| Cash paid for income taxes | $498.0K | $0 | $0 |
| Additions to asset retirement obligations | $3.8M | $1.1M | $6.0M |
No quarter-by-quarter statement was filed.
Corporate structure
HighPeak Energy, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of HighPeak Energy, Inc.
- HighPeak Energy Partners, LP Filed SCHEDULE 13D/A on HighPeak Energy, Inc., latest Sep 17, 2025
- Jack Hightower Filed SCHEDULE 13D/A on HighPeak Energy, Inc., latest Sep 17, 2025 (3 filings since Aug 29, 2024)
- John Paul DeJoria Filed SCHEDULE 13D/A on HighPeak Energy, Inc., latest Sep 17, 2025 (3 filings since Aug 24, 2022)
- Alamo Borden County IV, LLC Filed SC 13G/A on HighPeak Energy, Inc., latest Feb 9, 2024 (3 filings since Mar 30, 2022)
- HighPeak Energy Partners II, LP Filed SC 13D/A on HighPeak Energy, Inc., latest Oct 3, 2023 (3 filings since Aug 24, 2022)
- HighPeak Energy, Inc. Fort Worth, Texas, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What HighPeak Energy, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $1.3M4 Dec 31, 2025 | $1.1M4 Dec 31, 2024 | +18.2% |
| Property and equipment, net | $3.0M4 Dec 31, 2025 | $3.2M4 Dec 31, 2024 | −5.9% |
| Operating-lease assets (leased space) | $957.0K4 Dec 31, 2025 | $1.4M4 Dec 31, 2024 | −31.6% |
| Oil and gas properties | $2.9B4 Dec 31, 2025 | $2.8B4 Dec 31, 2024 | +3.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $162.1M4 Dec 31, 2025 | $86.6M4 Dec 31, 2024 | +87.0% |
Inventory
Leadership
Who has led HighPeak Energy, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
2025
- Chief executive officerMichael L. Hollis Jan 5, 2026 to now12
- Chief executive officerJack Hightower Aug 26, 2020 to Nov 12, 202413
- PresidentMichael L. Hollis Aug 26, 2020 to now14
- Chief financial officerSteven W. Tholen Aug 26, 2020 to now15
- Chief operating officerRodney L. Woodard Aug 26, 2020 to now16
Board members and other officers (13)
- Vice President FinanceDaniel M. Silver Oct 28, 2025 to now17
- SVP, Reserves and EvaluationsChris Mundy Nov 12, 2025 to now18
- Executive Vice PresidentWilliam Ryan Hightower Nov 13, 2025 to now19
- Vice President and ControllerKeith E. Forbes Nov 9, 2020 to now20
- Board memberDaniel M. Silver Oct 28, 2025 to now17
- Board memberJason A. Edgeworth Jun 2, 2023 to now21
- Board memberJack Hightower Aug 26, 2020 to Nov 12, 202413
- Board memberMichael L. Hollis Aug 26, 2020 to now14
- Board memberJay M. Chernosky Aug 31, 2020 to now22
- Board memberKeith Covington Aug 31, 2020 to now23
- Board memberLarry Oldham Aug 31, 2020 to now24
- Board memberMichael H. Gustin Aug 31, 2020 to Jun 2, 202225
- Board memberSharon F. Fulgham Aug 31, 2020 to now26
Timeline
- Oct 6, 20268-K Entered a material agreement; Unregistered sale of shares; Regulation FD disclosure27
- Aug 10, 20268-K Results of operations; Regulation FD disclosure28
- Jun 30, 20268-K Entered a material agreement; New debt or obligation29
- Jun 5, 20268-K Shareholder vote30
- Jun 2, 20268-K Shareholder vote31
- May 6, 20268-K Entered a material agreement; Results of operations; Regulation FD disclosure32
- May 1, 20268-K Bylaws or fiscal year changed33
- Mar 11, 20268-K Results of operations; Regulation FD disclosure34
- Jan 5, 2026New chief executive Michael L. Hollis becomes CEO12
- Nov 5, 20258-K Results of operations; Regulation FD disclosure35
- Nov 5, 20258-K Executive or director change; Regulation FD disclosure; Other events36
- Sep 16, 20258-K Change in control; Executive or director change; Regulation FD disclosure37
- Sep 15, 20258-K Executive or director change38
- Aug 26, 2020New chief executive Jack Hightower becomes CEO13
- Oct 29, 2019Founded HighPeak Energy, Inc. is founded2
Calendar
Coming up
- Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.03 a share, on Nov 5, 2025.39
When it reported results
- Aug 10, 2026Reported quarterly or annual results28
- May 6, 2026Reported quarterly or annual results32
- Mar 11, 2026Reported quarterly or annual results34
- Nov 5, 2025Reported quarterly or annual results35
- Aug 11, 2025Reported quarterly or annual results40
- Jun 30, 2025Reported quarterly or annual results41
- May 13, 2025Reported quarterly or annual results42
- May 12, 2025Reported quarterly or annual results43
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
276 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 87 major events, 103 insider forms, 13 large holders, 53 other. The latest 20:
- Oct 6, 20268-K EDGAR
- Aug 10, 202610-Q EDGAR
- Aug 10, 20268-K EDGAR
- Jun 30, 20268-K EDGAR
- Jun 5, 20268-K/A EDGAR
- Jun 2, 20264 EDGAR
- Jun 2, 20264 EDGAR
- Jun 2, 20264 EDGAR
- Jun 2, 20264 EDGAR
- Jun 2, 20264 EDGAR
- Jun 2, 20268-K EDGAR
- May 6, 2026424B5 EDGAR
- May 6, 20268-K EDGAR
- May 6, 202610-Q EDGAR
- May 1, 20268-K EDGAR
- Apr 30, 2026ARS EDGAR
- Apr 30, 2026DEFA14A EDGAR
- Apr 30, 2026DEF 14A EDGAR
- Mar 11, 202610-K EDGAR
- Mar 11, 20268-K EDGAR
The 276 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
42 open-market trades by officers, directors and large owners since October 2021: 40 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 18, 2033 | Hollis Michael L.President and CEO | Buy | 9,256 | $22.42 | $207.5K | Form 4 |
| Nov 8, 2024 | HIGHTOWER JACKChief Executive Officer | Buy | 17,262 | $14.03 | $242.2K | Form 4 |
| Sep 20, 2024 | HIGHTOWER JACKChief Executive Officer | Buy | 100,000 | $15.54 | $1.6M | Form 4 |
| Sep 3, 2024 | HIGHTOWER JACKChief Executive Officer | Buy | 36,078 | $15.25 | $550.2K | Form 4 |
| Aug 30, 2024 | HIGHTOWER JACKChief Executive Officer | Buy | 17,827 | $15.95 | $284.3K | Form 4 |
| Aug 29, 2024 | HIGHTOWER JACKChief Executive Officer | Buy | 17,743 | $15.50 | $275.0K | Form 4 |
| Aug 28, 2024 | HIGHTOWER JACKChief Executive Officer | Buy | 64,744 | $15.41 | $997.7K | Form 4 |
| Aug 27, 2024 | HIGHTOWER JACKChief Executive Officer | Buy | 50,000 | $15.50 | $775.0K | Form 4 |
| Dec 29, 2023 | HIGHTOWER JACKChief Executive Officer | Buy | 50,000 | $14.69 | $734.5K | Form 4 |
| Dec 28, 2023 | HIGHTOWER JACKChief Executive Officer | Buy | 104,715 | $14.78 | $1.5M | Form 4 |
| Dec 27, 2023 | HIGHTOWER JACKChief Executive Officer | Buy | 9,315 | $15.00 | $139.7K | Form 4 |
| Dec 22, 2023 | HIGHTOWER JACKChief Executive Officer | Buy | 100,000 | $14.47 | $1.4M | Form 4 |
| Dec 21, 2023 | HIGHTOWER JACKChief Executive Officer | Buy | 50,442 | $14.19 | $715.8K | Form 4 |
| Dec 7, 2023 | Chernosky Jay M.Director | Sale | 3,615 | $14.48 | $52.3K | Form 4 |
| Sep 20, 2023 | HIGHTOWER JACKChief Executive Officer | Buy | 275,999 | $16.55 | $4.6M | Form 4 |
| Sep 20, 2023 | Hollis Michael L.President and CEO | Buy | 5,989 | $16.64 | $99.7K | Form 4 |
| Sep 19, 2023 | HIGHTOWER JACKChief Executive Officer | Buy | 224,001 | $16.59 | $3.7M | Form 4 |
| Sep 19, 2023 | Hollis Michael L.President and CEO | Buy | 3,840 | $16.33 | $62.7K | Form 4 |
| Jul 19, 2023 | Edgeworth Jason A.Director | Buy | 5,700 | $10.50 | $59.9K | Form 4 |
| Jul 19, 2023 | THOLEN STEVEN WChief Financial Officer | Buy | 9,500 | $10.50 | $99.8K | Form 4 |
All 42 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- HighPeak Energy Partners, LPSCHEDULE 13D/A, 1 filing Sep 17, 202544
- Jack HightowerSCHEDULE 13D/A, 3 filings Aug 29, 2024 to Sep 17, 202545
- John Paul DejoriaSCHEDULE 13D/A, 3 filings Aug 24, 2022 to Sep 17, 202546
- Alamo Borden County IV, LLCSC 13G/A, 3 filings Mar 30, 2022 to Feb 9, 202447
- HighPeak Energy Partners II, LPSC 13D/A, 3 filings Aug 24, 2022 to Oct 3, 202348
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Former ChiefExecutive Officer | $1.7M | $9.4M49 | |
| 2025 | President and Chief Executive Officer | $1.2M | $2.8M49 | |
| 2025 | Executive VicePresident | $500.0K | $1.1M49 | |
| 2025 | Chief Operating Officer | $545.0K | $907.0K49 | |
| 2025 | Chief Financial Officer | $515.0K | $883.4K49 | |
| 2024 | Former ChiefExecutive Officer | $2.4M | $5.3M49 | |
| 2024 | President and Chief Executive Officer | $1.2M | $2.3M49 | |
| 2024 | Chief Operating Officer | $525.0K | $886.8K49 | |
| 2023 | Former ChiefExecutive Officer | $2.4M | $9.0M49 | |
| 2023 | President and Chief Executive Officer | $1.2M | $4.1M49 | |
| 2023 | Chief Operating Officer | $525.0K | $1.3M49 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Arax Advisory Partners | 13,900,110 | $97.2M | 0.6% | +13,899,878 |
| BlackRock, Inc. | 1,881,769 | $13.2M | 0.0% | +60,819 |
| Aqr Capital Management LLC | 1,306,408 | $9.1M | 0.0% | +725,259 |
| D. E. Shaw & Co., Inc. | 1,011,449 | $7.1M | 0.0% | +268,791 |
| American Century Companies Inc | 952,619 | $6.7M | 0.0% | −37,564 |
| Vanguard Capital Management LLC | 871,652 | $6.1M | 0.0% | −191,062 |
| Millennium Management LLC | 794,036 | $5.6M | 0.0% | +438,168 |
| Texas Capital Bank Wealth Management Services Inc | 776,190 | $5.4M | 0.3% | No change |
| Geode Capital Management, LLC | 753,198 | $5.3M | 0.0% | +37,062 |
| Kennedy Capital Management LLC | 734,699 | $5.1M | 0.1% | +615,857 |
| Jpmorgan Chase & Co | 744,814 | $5.0M | 0.0% | +231,890 |
| State Street Corp | 621,619 | $4.3M | 0.0% | +7,840 |
| Two Sigma Investments, LP | 607,061 | $4.2M | 0.0% | +209,031 |
| Point72 Asset Management, L.P. | 598,103 | $4.2M | 0.0% | +210,244 |
| Vanguard Portfolio Management LLC | 579,791 | $4.1M | 0.0% | −46,588 |
| PDT Partners, LLC | 548,124 | $3.8M | 0.2% | +221,125 |
| Tudor Investment Corp Et Al | 467,463 | $3.3M | 0.0% | +259,733 |
| Goldman Sachs Group Inc | 407,212 | $2.8M | 0.0% | −213,980 |
| Citadel Advisors LLC | 345,695 | $2.4M | 0.0% | +294,492 |
| Eight 31 Financial, LLC | 335,023 | $2.3M | 1.4% | No change |
| Morgan Stanley | 311,927 | $2.2M | 0.0% | −4,508 |
| Trexquant Investment LP | 288,952 | $2.0M | 0.0% | New |
| Voya Investment Management LLC | 243,912 | $1.7M | 0.0% | −35,144 |
| Americana Partners, LLC | 241,277 | $1.7M | 0.0% | −303 |
| Northern Trust Corp | 238,902 | $1.7M | 0.0% | −129,149 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How HighPeak Energy, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARHighPeak Energy, Inc.1
- CIK0001792849
- Employer ID (EIN)84-353360250
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company50
- Incorporated inDelaware50
- Fiscal year endsDecember 311
- Industry code (SIC)1381 Drilling Oil & Gas Wells1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address421 W. 3Rd Street, Suite 1000, Fort Worth, TX 761021
- Phone(817) 850-92001
- Shares outstanding126,452,804 as of Aug 6, 20269
- Public float$228.3M as of Jun 30, 202550
- AuditorWEAVER AND TIDWELL, L.L.P., Austin, Texas PCAOB ID 410; it also attests to the company’s internal control over financial reporting50
- On EDGAR sinceNov 27, 20191
- Filings394 in all: 4 (113), 8-K (100), CORRESP (22), 10-Q (18), UPLOAD (17), 3 (15), 425 (11), 424B3 (9)1
All 39 form types
EFFECT (7), SC 13D/A (7), 10-K (6), DEF 14A (6), DEFA14A (6), S-4/A (6), 3/A (5), 424B5 (4), ARS (4), S-1/A (4), S-3 (4), 8-K/A (3), SCHEDULE 13D/A (3), 4/A (2), 424B4 (2), 5 (2), S-1 (2), SC 13D (2), SC 13G/A (2), 25-NSE (1), 424B1 (1), 8-A12B (1), 8-A12B/A (1), CERT (1), DRS (1), POS AM (1), PRE 14A (1), S-1MEF (1), S-4 (1), S-8 (1), SC 13G (1)
- Latest filingsAnnual report (10-K) Mar 11, 2026
Quarterly report (10-Q) Aug 10, 2026
Proxy statement (DEF 14A) Apr 30, 2026
Latest 8-K (8-K) Oct 6, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.0001 per share | HPK | Nasdaq |
From the cover page of the 10-K filed Mar 11, 2026 (Section 12(b) of the Exchange Act).50
Risk factors and legal proceedings
The risks HighPeak Energy, Inc. names in Item 1A of its 10-K filed Mar 11, 2026: 61 risks under these headings, as written.50
- Risks Related to Our Business
- Risks Related to Ownership of our Securities
- Crude oil, NGL and natural gas prices are volatile. Sustained volatility, or declines in, crude oil, NGL and natural gas prices could adversely affect HighPeak Energy’s business, financial condition and results of operations and its ability to meet its capital expenditure obligations and other financial commitments.
- Changes in the global trade environment, including the imposition of tariffs, could adversely affect our business.
- Reserve estimates depend on many assumptions that may turn out to be inaccurate. Any material inaccuracies in reserve estimates or underlying assumptions will materially affect the quantities and present value of reserves.
- HighPeak Energy’s development projects and acquisitions will require substantial capital expenditures. HighPeak Energy may be unable to obtain required capital or financing on satisfactory terms, including as a result of increases in the cost of capital resulting from Federal Reserve policies or otherwise, which could reduce its ability to access or increase production and reserves.
- Our existing and future indebtedness may adversely affect our cash flows and ability to operate our business, remain in compliance and repay our debt.
- Our results of operations and cash flows vary significantly from year to year due to the cyclical nature of the crude oil and natural gas industry.
- HighPeak Energy experiences periods of higher costs when commodity prices rise and inflation may adversely affect our operating results, which could negatively impact our profitability, cash flow and ability to complete development activities as planned. Continuing or worsening inflationary issues and associated changes in monetary policy, including tariffs, have resulted in and may result in additional increases to the cost of our goods, services and personnel, which in turn could cause our capital expenditures and operating costs to rise.
- Volatility in the political, legal and regulatory environments as a result of the U.S. presidential administration and political instability or armed conflict in crude oil or natural gas producing regions, such as the ongoing war between Russia and Ukraine, conflicts in the Middle East, U.S. intervention in Venezuela and OPEC+ policy decisions could have a material adverse impact on our business, financial condition or future results.
- The marketability of HighPeak Energy’s production is dependent upon transportation, storage and other facilities, certain of which it does not control. If these facilities are unavailable, in whole or in part, HighPeak Energy’s operations could be interrupted, and its revenues reduced.
- Certain factors could require HighPeak Energy to shut-in production or cease its capital expenditure program.
The other 51 risks
- Certain of the undeveloped leasehold acreage of HighPeak Energy’s assets is subject to leases that will expire over the next several years unless production is established on units containing the acreage or the leases are extended or renewed.
- Certain factors could require HighPeak Energy to write-down the carrying values of its crude oil and natural gas properties, including commodity prices decreasing to a level such that future undiscounted cash flows from its properties are less than their carrying value.
- Part of HighPeak Energy’s business strategy involves using some of the latest available horizontal drilling and completion techniques, which involve risks and uncertainties in their application.
- Drilling for and producing crude oil and natural gas are high risk activities with many uncertainties that could adversely affect HighPeak Energy’s business, financial condition or results of operations.
- We have entered into certain long-term contracts that require us to pay fees to our service providers based on minimum volumes regardless of actual volume throughput and that may limit our ability to use other service providers.
- Hedging transactions expose HighPeak Energy to counterparty credit risk and may become more costly or unavailable.
- The enactment of derivatives legislation could have an adverse effect on our ability to use derivative instruments to reduce the effect of commodity price, interest rate and other risks associated with our business.
- The standardized measure of estimated reserves may not be an accurate estimate of the current fair value of estimated crude oil and natural gas reserves.
- Properties that HighPeak Energy acquires may not produce as projected, and HighPeak Energy may be unable to determine reserve potential, identify liabilities associated with such properties or obtain protection from sellers against such liabilities.
- HighPeak Energy is not the operator on all its acreage or drilling locations, and, therefore, HighPeak Energy is not able to control the timing of exploration or development efforts, associated costs or the rate of production of any non-operated assets, and could be liable for certain financial obligations of the operators or any of its contractors, to the extent such operator or contractor is unable to satisfy such obligations.
- Adverse weather conditions may negatively affect HighPeak Energy’s operating results and ability to conduct drilling activities.
- HighPeak Energy’s operations are substantially dependent on the availability of frac sand and water. Restrictions on its ability to obtain frac sand and water may have an adverse effect on its financial condition, results of operations and cash flows.
- The Company’s assets are located in the northeastern Midland Basin, making HighPeak Energy vulnerable to risks associated with operating in a limited geographic area.
- HighPeak Energy may incur losses as a result of title defects in the properties in which it invests.
- The development of estimated PUDs may take longer and may require higher levels of capital expenditures than anticipated. Therefore, estimated PUDs may not be ultimately developed or produced.
- Unless HighPeak Energy replaces its reserves with new reserves and develops those new reserves, its reserves and production will decline, which would adversely affect future cash flows and results of operations.
- HighPeak Energy depends upon a small number of significant purchasers for the sale of most of its crude oil, NGL and natural gas production. The loss of one or more of such purchasers could, among other factors, limit HighPeak Energy’s access to suitable markets for the crude oil, NGL and natural gas it produces.
- HighPeak Energy’s operations may be exposed to significant delays, costs and liabilities as a result of environmental and occupational health and safety requirements applicable to its business activities.
- HighPeak Energy may incur increased attention to ESG matters that may impact its business.
- HighPeak Energy may incur substantial losses and be subject to substantial liability claims as a result of operations. Additionally, HighPeak Energy may not be insured for, or insurance may be inadequate to protect HighPeak Energy against, these risks.
- Properties that HighPeak Energy decides to drill may not yield crude oil or natural gas in commercially viable quantities.
- HighPeak Energy may be unable to make additional attractive acquisitions or successfully integrate acquired businesses with its current assets, and any inability to do so may disrupt its business and hinder its ability to grow.
- Certain of HighPeak Energy’s properties are subject to land use restrictions, which could limit the manner in which HighPeak Energy conducts business.
- The unavailability or high cost of drilling rigs, equipment, supplies, personnel, frac crews and oilfield services due to commodity price volatility or supply constraints as a result of the conflict in Ukraine and the Middle East and U.S. intervention in Venezuela, elevated interest rates and associated policies of the Federal Reserve could adversely affect HighPeak Energy’s ability to execute its development plans within its budget and on a timely basis and consequently could materially and adversely affect our cash flows and results of operations.
- HighPeak Energy could experience periods of higher costs if commodity prices rise and inflation may adversely affect our operating results. These increases in cost could reduce profitability, cash flow and ability to complete development activities as planned.
- HighPeak Energy may be involved in legal proceedings that could result in substantial liabilities.
- Should our operators fail to comply with all applicable regulatory agency administered statutes, rules, regulations and orders, our operators could be subject to substantial penalties and fines.
- The operations of HighPeak Energy are subject to a variety of risks arising from climate change.
- Federal, state and local legislative and regulatory initiatives relating to hydraulic fracturing could result in increased costs and additional operating restrictions or delays in the completion of crude oil and natural gas wells and adversely affect HighPeak Energy’s production.
- Legislation or regulatory initiatives intended to address seismic activity could restrict HighPeak Energy’s drilling and production activities, as well as HighPeak Energy’s ability to dispose of produced water gathered from such activities, which could have a material adverse effect on its future business.
- Competition in the crude oil and natural gas industry is intense, which will make it more difficult for HighPeak Energy to acquire properties, market crude oil or natural gas and secure trained personnel.
- The loss of senior management or technical personnel could adversely affect operations.
- Recent management changes could disrupt our operations and impair our ability to attract and retain key personnel.
- Increases in interest rates could adversely affect HighPeak Energy’s business.
- HighPeak Energy’s use of seismic data is subject to interpretation and may not accurately identify the presence of crude oil and natural gas, which could adversely affect the results of its drilling operations.
- Restrictions on drilling activities intended to protect certain species of wildlife may adversely affect HighPeak Energy’s ability to conduct drilling activities in areas where it operates.
- HighPeak Energy may not be able to keep pace with technological developments in its industry.
- There are inherent limitations in all control systems, and misstatements due to error or fraud that could seriously harm HighPeak Energy’s business may occur and not be detected.
- HighPeak Energy’s business could be adversely affected by security threats, including cybersecurity threats, and related disruptions.
- We are evaluating strategic alternatives, including a possible sale of our business, and there can be no assurance that we will be successful in identifying or completing any strategic alternative transactions, that any such strategic alternative transactions will result in additional value for our shareholders or that the process will not have an adverse impact on our business and shareholders.
- HighPeak Energy has suspended the payment of dividends on our common stock and may not resume paying dividends in the future.
- If HighPeak Energy’s operational and financial performance does not meet the expectations of investors, stockholders or financial analysts, the market price of our securities may decline.
- If our former executive officer was forced to sell shares of our common stock that he has pledged to secure certain personal loan obligations, such sales could cause our stock price to decline.
- HighPeak Energy may be required to take write-downs or write-offs, restructuring and impairment or other charges that could have a significant negative effect on HighPeak Energy’s financial condition, results of operations and stock price, which could cause you to lose some or all of your investment.
- If securities or industry analysts do not publish or cease publishing research or reports about HighPeak Energy, HighPeak Energy’s business or HighPeak Energy’s market, or if they change their recommendations regarding HighPeak Energy common stock adversely, the price and trading volume of HighPeak Energy common stock could decline. Furthermore, negative publicity or sentiments shared on social media platforms can also influence the perception of HighPeak Energy and its stock price, potentially leading to volatility.
- The Second Amended and Restated Certificate of Incorporation designates the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers or employees.
- 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.
- There can be no assurance that HighPeak Energy common stock issued will remain listed on the Nasdaq, or that HighPeak Energy will be able to comply with the continued listing standards of the Nasdaq.
- Unanticipated changes in effective tax rates or laws or adverse outcomes resulting from examination of HighPeak Energy’s income or other tax returns could adversely affect HighPeak Energy’s financial condition, results of operations and cash flows.
- HighPeak Energy may not be able to use certain of its net operating loss carryforwards and other tax attributes to reduce its future U.S. federal income tax obligations, which could adversely affect HighPeak Energy’s financial condition, results of operations and cash flows.
- HighPeak Energy has incurred and will continue to incur increased costs as a result of operating as a public company.
Legal proceedings
The Company may be a party to various proceedings and claims incidental to its business from time to time. While many of these matters involve inherent uncertainty, the Company believes the amount of the liability, if any, ultimately incurred with respect to these proceedings and claims will not have a material adverse effect on the Company’s consolidated financial position as a whole or on its liquidity, capital resources or future annual results of operations. See “Item 8. Financial Statements and Supplementary Data – Note 10” for additional information.
The opening of Item 3, Legal Proceedings.50
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARMichael L. Hollis, President
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- 21SEC EDGARJason A. Edgeworth, Board member
- 22SEC EDGARJay M. Chernosky, Board member
- 23SEC EDGARKeith Covington, Board member
- 24SEC EDGARLarry Oldham, Board member
- 25SEC EDGARMichael H. Gustin, Board member
- 26SEC EDGARSharon F. Fulgham, Board member
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- 30SEC EDGARShareholder vote
- 31SEC EDGARShareholder vote
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- 33SEC EDGARBylaws or fiscal year changed
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- 38SEC EDGARExecutive or director change
- 39NasdaqNasdaq calendar
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