HPK · Highpeak Energy, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $863.36M | $1.07B | $1.11B | $755.69M | $220.12M | $8.12M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $25.27M | $20.39M | $16.60M | $12.47M | $8.88M | $8.68M |
| Total Operating Expenses | $710.54M | $728.21M | $676.57M | $333.12M | $118.28M | $19.69M |
| D&A | $421.78M | $500.75M | $424.42M | $177.74M | $65.20M | $4.27M |
| Operating Income | $149.98M | $337.41M | $426.46M | $422.56M | $101.85M | ($11.58M) |
| Interest Expense | $147.14M | $168.71M | $147.90M | $50.61M | $2.48M | - |
| Income Tax | $7.21M | $35.85M | $65.91M | $75.36M | $16.90M | - |
| Net Income | $18.96M | $95.07M | $215.87M | $236.85M | $55.56M | ($11.58M) |
| EPS - Basic | $0.13 | $0.69 | $1.64 | $2.04 | $0.55 | - |
| EPS - Diluted | $0.14 | $0.67 | $1.58 | $1.93 | $0.54 | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $162.07M | $86.65M | $194.51M | $30.50M | $34.87M | $19.55M |
| Accounts Receivable | $55.55M | $85.24M | $94.59M | $96.60M | $39.38M | $7.72M |
| Inventory | $7.65M | $10.95M | $7.25M | $13.28M | $3.30M | $184.0K |
| Accounts Payable | $84.31M | $74.01M | $63.58M | $105.56M | $38.14M | $7.58M |
| Current Assets | $259.90M | $195.01M | $328.83M | $144.53M | $86.95M | $33.30M |
| Total Assets | $3.21B | $3.06B | $3.08B | $2.28B | $818.96M | $537.93M |
| Current Liabilities | $230.26M | $284.63M | $287.39M | $266.13M | $103.00M | $22.43M |
| Long-term Debt | $1.13B | $928.38M | $1.03B | $704.35M | $97.93M | - |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $1.59B | $1.60B | $1.55B | $1.17B | $553.06M | $474.23M |
| Retained Earnings | $432.55M | $435.83M | $363.28M | $160.74M | ($64.44M) | ($5.75M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $511.60M | $690.39M | $756.39M | $504.01M | $147.01M | ($772.0K) |
| Investing Cash Flow | ($515.34M) | ($620.84M) | ($1.13B) | ($1.18B) | ($250.37M) | ($51.43M) |
| Financing Cash Flow | $79.17M | ($177.41M) | $533.56M | $674.03M | $118.67M | $74.02M |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 17.4% | 31.6% | 38.4% | 55.9% | 46.3% | -142.7% |
| EBITDA margin | 66.2% | 78.4% | 76.6% | 79.4% | 75.9% | -90.1% |
| Net margin | 2.2% | 8.9% | 19.4% | 31.3% | 25.2% | -142.7% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 2.9% | 1.9% | 1.5% | 1.7% | 4.0% | 107.0% |
| Effective tax rate | 27.5% | 27.4% | 23.4% | 24.1% | 23.3% | - |
| Return on assets | 0.6% | 3.1% | 7.0% | 10.4% | 6.8% | -2.2% |
| Return on equity | 1.2% | 5.9% | 13.9% | 20.3% | 10.0% | -2.4% |
| Return on invested capital | 4.0% | 9.7% | 12.6% | 17.1% | 12.0% | - |
| Liquidity | ||||||
| Current ratio | 1.13 | 0.69 | 1.14 | 0.54 | 0.84 | 1.48 |
| Quick ratio | 1.10 | 0.65 | 1.12 | 0.49 | 0.81 | 1.48 |
| Cash ratio | 0.70 | 0.30 | 0.68 | 0.11 | 0.34 | 0.87 |
| Leverage | ||||||
| Debt / Equity | 0.71 | 0.58 | 0.66 | 0.60 | 0.18 | - |
| Debt / Assets | 0.35 | 0.30 | 0.33 | 0.31 | 0.12 | - |
| Debt / EBITDA | 1.98 | 1.11 | 1.21 | 1.17 | 0.59 | - |
| Interest coverage | 1.0x | 2.0x | 2.9x | 8.3x | 41.0x | - |
| Equity multiplier | 2.02 | 1.91 | 1.98 | 1.95 | 1.48 | 1.13 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.27 | 0.35 | 0.36 | 0.33 | 0.27 | 0.02 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 23d | 29d | 31d | 47d | 65d | 347d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 33.9x | 21.9x | 9.0x | 11.8x | 27.1x | - |
| P / B | 0.4x | 1.2x | 1.1x | 2.2x | 2.5x | - |
| P / S | 0.7x | 1.8x | 1.6x | 3.4x | 6.3x | - |
| EV / EBITDA | 2.7x | 3.3x | 3.0x | 5.4x | 8.7x | - |
| Growth | ||||||
| Revenue growth (YoY) | -19.3% | -3.8% | 47.1% | 243.3% | 2612.6% | - |
| Revenue CAGR (3y) | 4.5% | 69.4% | 415.4% | - | - | - |
| Revenue CAGR (5y) | 154.3% | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -55.5% | -20.9% | 0.9% | 314.9% | - | - |
| Net income growth (YoY) | -80.1% | -56.0% | -8.9% | 326.3% | - | - |
| EPS growth (YoY) | -79.1% | -57.6% | -18.1% | 257.4% | - | - |
| EPS CAGR (3y) | -58.3% | 7.5% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -0.5% | 3.2% | 32.8% | 111.5% | 16.6% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$863.36M totalCrude Oil Sales$785.98M · 91.0%
Natural Gas And NGLSales$77.38M · 9.0%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Drilling Oil & Gas Wells
Comparing HighPeak Energy against the 5 most active filers in the same SIC group.
Dividends
$0.08/share trailing 12 months · -50.0% YoY
| Ex-date | Per share |
|---|---|
| Dec 1, 2025 | $0.0400 |
| Sep 2, 2025 | $0.0400 |
| Jun 2, 2025 | $0.0400 |
| Mar 3, 2025 | $0.0400 |
| Dec 2, 2024 | $0.0400 |
| Sep 3, 2024 | $0.0400 |
| Jun 3, 2024 | $0.0400 |
| Feb 29, 2024 | $0.0400 |
| Oct 31, 2023 | $0.0250 |
| Aug 7, 2023 | $0.0250 |
| Apr 28, 2023 | $0.0250 |
| Jan 31, 2023 | $0.0250 |
| Oct 31, 2022 | $0.0250 |
| Jul 29, 2022 | $0.0250 |
| Apr 29, 2022 | $0.0250 |
| Jan 31, 2022 | $0.0250 |
| Oct 14, 2021 | $0.0250 |
| Jul 14, 2021 | $0.1000 |