Analysts Offer Predictions for HighPeak Energy Q4 Earnings

HighPeak Energy, Inc. (NASDAQ:HPK) – Research analysts at Roth Capital dropped their Q4 2024 earnings estimates for shares of HighPeak Energy in a report issued on Tuesday, February 25th. Roth Capital analyst J. White now anticipates that the company will post earnings per share of $0.10 for the quarter, down from their prior forecast of $0.13. The consensus estimate for HighPeak Energy’s current full-year earnings is $0.78 per share. Roth Capital also issued estimates for HighPeak Energy’s Q1 2025 earnings at $0.31 EPS and Q3 2025 earnings at $0.26 EPS.

Separately, Truist Financial upped their price target on HighPeak Energy from $14.00 to $15.00 and gave the company a “hold” rating in a research note on Monday, January 13th.

HighPeak Energy Trading Up 1.5 %

HPK opened at $12.89 on Thursday. The business’s 50 day moving average price is $14.26 and its 200 day moving average price is $14.47. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.93 and a current ratio of 0.96. The stock has a market capitalization of $1.63 billion, a PE ratio of 10.15 and a beta of 0.73. HighPeak Energy has a one year low of $12.48 and a one year high of $17.48.

Hedge Funds Weigh In On HighPeak Energy

Several large investors have recently made changes to their positions in HPK. BNP Paribas Financial Markets purchased a new stake in HighPeak Energy in the fourth quarter valued at approximately $26,000. Blue Trust Inc. lifted its stake in HighPeak Energy by 101.1% during the 3rd quarter. Blue Trust Inc. now owns 5,678 shares of the company’s stock worth $80,000 after acquiring an additional 2,854 shares in the last quarter. FMR LLC boosted its holdings in HighPeak Energy by 766.6% during the 3rd quarter. FMR LLC now owns 8,016 shares of the company’s stock valued at $111,000 after acquiring an additional 7,091 shares during the period. KLP Kapitalforvaltning AS acquired a new position in HighPeak Energy in the 4th quarter valued at about $112,000. Finally, AlphaQuest LLC grew its position in HighPeak Energy by 509.9% in the 4th quarter. AlphaQuest LLC now owns 8,045 shares of the company’s stock valued at $118,000 after acquiring an additional 6,726 shares in the last quarter. 24.13% of the stock is currently owned by institutional investors and hedge funds.

HighPeak Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 3rd will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Monday, March 3rd. HighPeak Energy’s dividend payout ratio (DPR) is 12.60%.

About HighPeak Energy

HighPeak Energy, Inc, an independent oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas.