HighPeak Energy, Inc.
HighPeak Energy, Inc. (Nasdaq: HPK) is an independent crude oil and natural gas exploration and production company focused on developing hydrocarbon resources in the Permian Basin of West Texas. The company's website is www.highpeakenergy.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What HighPeak Energy, Inc. does
In the company’s own words
HighPeak Energy, Inc. (Nasdaq: HPK) is an independent crude oil and natural gas exploration and production company focused on developing hydrocarbon resources in the Permian Basin of West Texas. The company's website is www.highpeakenergy.com.
HighPeak Energy operates primarily in the Midland Basin, specifically in Howard and Borden Counties, with additional acreage in Mitchell and Scurry Counties. The company maintains two core operational areas: Flat Top in the northern portion of Howard County extending into southern Borden County, and Signal Peak in the southern portion of Howard County. As of December 31, 2025, HighPeak Energy's asset base consisted of approximately 154,472 gross acres (142,560 net acres), with an average working interest of approximately 92 percent. The company operates approximately 98 percent of its net acreage.
The company's proved reserves as of December 31, 2025 totaled 173,891 million barrels of oil equivalent, comprised of 83 percent crude oil and natural gas liquids and 17 percent natural gas. HighPeak Energy's development strategy focuses on horizontal drilling and hydraulic fracturing in the Wolfcamp A, Lower Spraberry, and Middle Spraberry formations, utilizing multi-well pad development to optimize drilling cycles and reduce costs.
HighPeak Energy employs approximately 50 full-time employees and operates with a flexible capital program that can be adjusted based on commodity prices, equipment availability, and market conditions. During 2025, the company operated one to two drilling rigs and one frac crew, with plans to average one drilling rig and approximately one frac crew during 2026. The company's capital expenditures are funded through cash on hand, operating cash flows, and borrowings under its Senior Credit Facility Agreement.
The company's business model emphasizes operational control and cost efficiency through its high working interest ownership and operator status across its acreage. HighPeak Energy's competitive advantages include its contiguous acreage position in a prolific crude oil-rich area of the Midland Basin, modern drilling and completion techniques, and infrastructure development including water recycling systems and central tank batteries to handle increasing production volumes.
Company details
- Sector
- Energy
- Industry
- Oilfield Services
- Headquarters
- FORT WORTH, TX
- Fiscal year end
- December
- CIK
- 1792849
- SIC
- 1381
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns HighPeak Energy, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · HighPeak Energy, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do HighPeak Energy, Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of HighPeak Energy, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in HighPeak Energy, Inc.'s last four quarterly filings that the numbers alone won't show?”