HighPeak Energy (HPK)
Operated Midland Basin producer focused on crude oil, NGL and natural gas.
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Explores, develops and produces crude oil, NGL and natural gas from operated acreage in the Midland Basin. Revenue is concentrated in U.S. production, with crude oil as the dominant product and customer concentration, commodity prices and reserve replacement shaping the business.
Explores, develops and produces crude oil, NGL and natural gas from the Midland Basin of West Texas. Operations center on Flat Top and Signal Peak acreage in and around Howard and Borden Counties, with activity concentrated in the United States.
Runs a single crude oil and natural gas development, exploration and production segment, supported by a small Fort Worth-based organization and a mostly operated acreage position. Execution centers on horizontal well development, rig and frac-crew scheduling, and bringing wells into production.
Public-company roots trace to the 2020 Pure Acquisition business combination. Revenue is shaped by crude oil demand and pricing, concentrated purchasers, reserve replacement and access to equipment, services, personnel and capital.
Company facts
Target rangeAs of Sep 2, 2026
Latest analyst notes
| Date | Firm | Action | Target |
|---|---|---|---|
| Oct 13, 2025 | Roth Capital | Target | $12 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $146.3M · Total debt $1.19B · Total assets $3.17B · Shareholders' equity $1.55B
- Revenue
- $272.4M
- Operating income
- $80.2M
- Net income
- $82.3M
Raised for 3 straight years — most recently to $0.04 from $0.025 in Feb 2024. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Dec 1, 2025 | Dec 1 | Dec 23 | $0.04 | |
| Sep 2, 2025 | Sep 2 | Sep 25 | $0.04 | |
| Jun 2, 2025 | Jun 2 | Jun 25 | $0.04 | |
| Mar 3, 2025 | Mar 3 | Mar 25 | $0.04 | |
| Dec 2, 2024 | Dec 2 | Dec 23 | $0.04 | |
| Sep 3, 2024 | Sep 3 | Sep 25 | $0.04 | |
| Jun 3, 2024 | Jun 3 | Jun 25 | $0.04 | |
| Feb 29, 2024 | Mar 1 | Mar 25 | $0.04 | raised from $0.025 |
| Institutions155 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | ≈ 27.12% | 34.06M shares | |
| Insiders13 holders · as of Jun 2, 2026 | 13.14% | 16.51M shares | |
| Strategic holders2 holders · as of Sep 17, 2025 | 17.85% | 22.42M shares | |
| Otherremainder | ≈ 41.89% | 52.60M shares |
125.59M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
HighPeak Energy Partners, LPInstitution | 35.43% | 44.50M | 13Dfiled Sep 17, 2025 ↗ |
John Paul DeJoria, as trustee of the John Paul DeJoria Family Trust, and in his individual capacityStrategic | 12.31% | 15.46M | 13Dfiled Sep 17, 2025 ↗ |
SRS Capital Advisors, Inc.Institution | 11.07% | 13.90M | 13Fas of Jun 30, 2026 |
Jack Hightower1Insiderdirector, 10 percent owner, officer: Chief Executive Officer | 10.42% | 13.08M | 13Dfiled Sep 17, 2025 ↗ |
Alamo Borden County IV, LLCStrategic | 5.54% | 6.96M | 13Gfiled Mar 30, 2022 ↗ |
| See all 25 → | |||
- Jack Hightower's transaction reports restate only vehicles that traded; the 2025 ownership statement (13.08M) is used instead.
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more
Insider tradesForm 4
No open-market trades in the last 12 months.
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ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| HighPeak Energy | $8.26 | +1.35% | $1.03B | — | — | 1.2 | +35.9% |
| Diamondback Energy | $203.42 | +0.00% | $57.22B | 39.7 | 11.0 | 3.3 | +32.1% |
| SM Energy | $38.21 | −0.26% | $9.18B | 9.9 | 5.6 | 1.7 | +218.4% |
| Permian Resources | $23.84 | +0.06% | $19.94B | 15.7 | 10.7 | 3.5 | +55.2% |
| Crescent Energy | $14.39 | +0.89% | $4.71B | — | 6.8 | 1.1 | +55.3% |
| Matador Resources | $60.31 | +1.25% | $7.40B | 10.2 | 7.8 | 1.9 | +28.2% |
| Riley Exploration Permian | $41.03 | −0.32% | $894.3M | 7.5 | 5.5 | 1.8 | +94.2% |
| Median | 10.2 | 7.3 | 1.9 | +55.2% |