HPK
HighPeak Energy, Inc.
HPK lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover, though they disagree widely on how much.
HPK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Healthy |
HPK's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
HPK PE Valuation
HPK has no meaningful PE right now: it lost money over the past year.
HPK Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect HPK's earnings to grow, with its revenue and profitability holding steady. However, they disagree widely on these estimates.
HPK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.40 | — |
| Q3 2026 | -$1.03 | -386% |
| Q2 2026 | -$0.74 | -186% |
| Q1 2026 | -$1.14 | -230% |
| Q4 2025 | $0.14 | -79% |
| Q3 2025 | $0.36 | -72% |
| Q2 2025 | $0.86 | -28% |
| Q1 2025 | $0.88 | -29% |
| Q4 2024 | $0.67 | -58% |
HPK has swung to a loss: it lost $1.03 per share over the past year, after a profit the year before.
HPK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $256.8M | +36% |
| Q2 2026 | $272.4M | +36% |
| Q1 2026 | $215.9M | -16% |
| Q4 2025 | $216.6M | -7.7% |
| Q3 2025 | $188.9M | -30% |
| Q2 2025 | $200.4M | -27% |
| Q1 2025 | $257.4M | -11% |
| Q4 2024 | $234.8M | -22% |
HPK's revenue is recovering but still below its 2023 peak: $257M last quarter, up 36% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 28% | +11 points |
| Q2 2026 | 29% | +7.8 points |
| Q1 2026 | 17% | -18 points |
| Q4 2025 | -7.6% | -39 points |
| Q3 2025 | 17% | -9.8 points |
| Q2 2025 | 22% | -10 points |
| Q1 2025 | 35% | -0.7 points |
| Q4 2024 | 31% | -4.1 points |
HPK's operating margin was 28% last quarter, up 11 points from the same quarter a year ago.
HPK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $109.6M | -8.9% |
| Q2 2026 | $126.3M | -11% |
| Q1 2026 | $54.2M | -65% |
| Q4 2025 | $93.1M | -33% |
| Q3 2025 | $120.2M | -32% |
| Q2 2025 | $141.2M | -30% |
| Q1 2025 | $157.1M | -8.4% |
| Q4 2024 | $139.5M | -41% |
HPK still generates free cash flow, though less than at its 2023 peak: $383M over the past year.
HPK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -1.1M shares |
| 1 year | +0.4% | +523K shares |
| 3 years | -1.3% | -1.7M shares |
| 5 years | +35% | +32.7M shares |
| Available history | +37% | +33.7M shares |
HPK has 125M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $7.9M |
| Q3 2024 | $12.7M |
| Q2 2024 | $5.8M |
| Q1 2024 | $8.8M |
HPK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.7x | Healthy |
| Q2 2026 | 1.8x | Healthy |
| Q1 2026 | 2.1x | Moderate |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 1.6x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.2x | Healthy |
| Q4 2024 | 1.2x | Healthy |
HPK's net debt is about 1.7 years of its operating earnings (EBITDA), about the same as a year ago.
HPK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.0 | Neutral |
| Stochastic | 39.9 | Neutral |
HPK's weekly RSI is 51 (neutral) and its Stochastic is 40 (neutral).
HPK PE vs Energy Sector
| Metric | HPK | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
HPK has no meaningful PE right now: it lost money over the past year.
HPK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.09 | 8.4% below |
| 20 week MA | $8.23 | 1.2% above |
| 50 week MA | $6.81 | 22% above |
| 100 week MA | $8.39 | 0.7% below |
| 200 week MA | $12.4 | 33% below |
HPK's trend is mixed: it's above two of its five weekly moving averages, and 33% below its 200-week average.
HPK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.4 | $14.6 | +41% |
| 2021 | $14.6 | $15.0 | +3% |
| 2022 | $15.0 | $22.1 | +47% |
| 2023 | $22.1 | $14.2 | -36% |
| 2024 | $14.2 | $14.4 | +1.3% |
| 2025 | $14.4 | $4.27 | -70% |
| 2026 YTD | $4.27 | $8.33 | +95% |
HPK has finished higher in four of the last six years. It's up 95% so far in 2026.