HighPeak Energy, Inc. financial data

Symbol
HPK, HPKEW on Nasdaq
Industry
Drilling Oil & Gas Wells
Location
421 W. 3 Rd Street, Suite 1000, Fort Worth, TX
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 103 % +294%
Quick Ratio 3.6 % +72.9%
Return On Equity 11.1 % -49%
Return On Assets 5.58 % -47.6%
Operating Margin 36.6 % -18.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 127M shares -0.66%
Common Stock, Shares, Outstanding 127M shares +12.4%
Entity Public Float 245M USD -31.3%
Common Stock, Value, Issued 13K USD +18.2%
Weighted Average Number of Shares Outstanding, Basic 125M shares +12.7%
Weighted Average Number of Shares Outstanding, Diluted 129M shares +11.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.21B USD +30.6%
Costs and Expenses 764M USD +52.7%
Operating Income (Loss) 443M USD +5.85%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 228M USD -31.6%
Income Tax Expense (Benefit) 58.3M USD -23%
Net Income (Loss) Attributable to Parent 170M USD -34.1%
Earnings Per Share, Basic 1.23 USD/shares -43.8%
Earnings Per Share, Diluted 1.2 USD/shares -42.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 158M USD +422%
Accounts Receivable, after Allowance for Credit Loss, Current 87.6M USD -13.3%
Inventory, Net 7.82M USD -15%
Assets, Current 259M USD +79.6%
Property, Plant and Equipment, Net 3.52M USD -2.06%
Operating Lease, Right-of-Use Asset 574K USD
Other Assets, Noncurrent 6.58M USD -2.87%
Assets 3.06B USD +9.55%
Accrued Liabilities, Current 101M USD +239%
Liabilities, Current 279M USD -75.5%
Deferred Income Tax Liabilities, Net 213M USD +37.2%
Operating Lease, Liability, Noncurrent 165K USD -38.7%
Other Liabilities, Noncurrent 0 USD -100%
Retained Earnings (Accumulated Deficit) 388M USD +64.1%
Stockholders' Equity Attributable to Parent 1.57B USD +25.1%
Liabilities and Equity 3.06B USD +9.55%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 171M USD -9.77%
Net Cash Provided by (Used in) Financing Activities -44.4M USD -130%
Net Cash Provided by (Used in) Investing Activities -148M USD +53.6%
Common Stock, Shares Authorized 600M shares 0%
Common Stock, Shares, Issued 127M shares +12.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -21.1M USD -224%
Interest Paid, Excluding Capitalized Interest, Operating Activities 39.7M USD +119%
Deferred Tax Assets, Valuation Allowance 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 587K USD
Lessee, Operating Lease, Liability, to be Paid 624K USD -9.57%
Operating Lease, Liability, Current 422K USD -32.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 261K USD -52.7%
Deferred Income Tax Expense (Benefit) 57.7M USD -23.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 37K USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 12.4M USD +50.9%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 55.3M USD -24.2%
Current Income Tax Expense (Benefit) 577K USD
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 1.18B USD +16%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 301K USD
Current Federal Tax Expense (Benefit) 276K USD
Depreciation, Depletion and Amortization 509M USD +69.6%
Deferred Tax Assets, Net of Valuation Allowance 75.1M USD +87.3%
Share-based Payment Arrangement, Expense 25.5M USD +11.6%
Deferred State and Local Income Tax Expense (Benefit) 2.45M USD -12.9%
Interest Expense 168M USD +64.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%