Highpeak Energy Acquisition Stock Today

HPK Stock  USD 15.54  0.06  0.39%   

Performance

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Odds Of Distress

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Highpeak Energy is selling for 15.54 as of the 25th of November 2024. This is a 0.39% increase since the beginning of the trading day. The stock's last reported lowest price was 15.29. Highpeak Energy has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Highpeak Energy Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
24th of August 2020
HighPeak Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids reserves in the Midland Basin in West Texas. HighPeak Energy, Inc. was incorporated in 2019 and is headquartered in Fort Worth, Texas. The company has 126.62 M outstanding shares of which 5.53 M shares are currently shorted by investors with about 19.18 days to cover. More on Highpeak Energy Acquisition

Moving together with Highpeak Stock

  0.76SD SandRidge EnergyPairCorr

Highpeak Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President DirectorMichael Hollis
Thematic IdeaPetroleum and Natural Gas (View all Themes)
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, NASDAQ Composite, SP OIL GAS, Petroleum and Natural Gas, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.380.3607
Notably Up
Slightly volatile
Total Current Liabilities156.2 M287.4 M
Way Down
Slightly volatile
Non Current Liabilities Total1.3 B1.2 B
Sufficiently Up
Slightly volatile
Total Assets1.6 B3.1 B
Way Down
Slightly volatile
Total Current Assets345.3 M328.8 M
Sufficiently Up
Slightly volatile
Debt Levels
Highpeak Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Highpeak Energy's financial leverage. It provides some insight into what part of Highpeak Energy's total assets is financed by creditors.
Liquidity
Highpeak Energy Acquisition has 1.15 B in debt with debt to equity (D/E) ratio of 0.54, which is OK given its current industry classification. Highpeak Energy Acqu has a current ratio of 0.53, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Highpeak to invest in growth at high rates of return.

Change In Working Capital

18.29 Million
Highpeak Energy Acquisition (HPK) is traded on NASDAQ Exchange in USA. It is located in 421 West 3rd Street, Fort Worth, TX, United States, 76102 and employs 48 people. Highpeak Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.97 B. Highpeak Energy Acqu runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 126.62 M outstanding shares of which 5.53 M shares are currently shorted by investors with about 19.18 days to cover. Highpeak Energy Acquisition has about 22.42 M in cash with 756.39 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2.
Check Highpeak Energy Probability Of Bankruptcy
Ownership Allocation
Highpeak Energy Acquisition has a total of 126.62 Million outstanding shares. Highpeak Energy retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 85.29 (percent) of Highpeak Energy outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that almost seven million four hundred twenty thousand two hundred twenty-five invesors are currently shorting Highpeak Energy expressing very little confidence in its future performance.
Check Highpeak Ownership Details

Highpeak Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-06-30
300.9 K
Creative Financial Designs Inc2024-09-30
295.4 K
Amvescap Plc.2024-06-30
249 K
Americana Partners, Llc2024-09-30
244.2 K
Ing Investment Management Llc2024-06-30
201.1 K
Susquehanna International Group, Llp2024-06-30
187.9 K
Charles Schwab Investment Management Inc2024-09-30
182.3 K
Gsa Capital Partners Llp2024-09-30
177.5 K
Bridgeway Capital Management, Llc2024-09-30
173.9 K
U.s. Capital Wealth Advisors, Llc2024-09-30
13.9 M
Vanguard Group Inc2024-09-30
M
View Highpeak Energy Diagnostics

Highpeak Energy Historical Income Statement

At this time, Highpeak Energy's Other Operating Expenses is quite stable compared to the past year. Operating Income is expected to rise to about 447.8 M this year, although the value of Selling General Administrative will most likely fall to about 29.9 M. View More Fundamentals

Highpeak Stock Against Markets

Highpeak Energy Corporate Executives

Elected by the shareholders, the Highpeak Energy's board of directors comprises two types of representatives: Highpeak Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Highpeak. The board's role is to monitor Highpeak Energy's management team and ensure that shareholders' interests are well served. Highpeak Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Highpeak Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Highpeak Energy Acqu is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Highpeak Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Highpeak Energy Acquisition Stock. Highlighted below are key reports to facilitate an investment decision about Highpeak Energy Acquisition Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highpeak Energy Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Highpeak Stock please use our How to buy in Highpeak Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Highpeak Energy. If investors know Highpeak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Highpeak Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.267
Dividend Share
0.16
Earnings Share
1.28
Revenue Per Share
9.03
Quarterly Revenue Growth
(0.21)
The market value of Highpeak Energy Acqu is measured differently than its book value, which is the value of Highpeak that is recorded on the company's balance sheet. Investors also form their own opinion of Highpeak Energy's value that differs from its market value or its book value, called intrinsic value, which is Highpeak Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Highpeak Energy's market value can be influenced by many factors that don't directly affect Highpeak Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Highpeak Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Highpeak Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highpeak Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.