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Highpeak Energy Acquisition Corp

Energy US HPK

15.36USD
0.21(1.39%)

Last update at 2024-10-07T18:51:00Z

Day Range

15.0815.68
LowHigh

52 Week Range

10.3818.35
LowHigh

Fundamentals

  • Previous Close 15.15
  • Market Cap1979.20M
  • Volume350834
  • P/E Ratio12.00
  • Dividend Yield1.07%
  • EBITDA923.69M
  • Revenue TTM1175.26M
  • Revenue Per Share TTM9.66
  • Gross Profit TTM 647.65M
  • Diluted EPS TTM1.29

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax 312.21M 72.46M -20.65200M -11.57900M
Minority interest - - - -
Net income 236.85M 55.56M -16.42900M -11.57900M
Selling general administrative 45.82M 15.56M 2.77M 8.68M
Selling and marketing expenses - - - -
Gross profit 469.90M 119.12M 15.51M 0.03M
Reconciled depreciation 177.74M 65.20M - 4.27M
Ebit 422.56M 101.85M -16.42100M -11.57900M
Ebitda 600.57M 166.88M -6.54400M -7.31000M
Depreciation and amortization 178.01M 65.03M 9.88M 4.27M
Non operating income net other -59.73900M -26.90000M - -
Operating income 422.56M 101.85M -20.65000M -11.57900M
Other operating expenses 333.12M 118.28M 37.05M 19.69M
Interest expense 50.61M 2.48M 0.00800M 0.00000M
Tax provision 75.36M 16.90M - 0.00000M
Interest income 0.27M 0.00100M - 0.00000M
Net interest income -50.34400M -2.48300M - 0.00000M
Extraordinary items - - - -
Non recurring 1.15M 1.55M - -
Other items - - - -
Income tax expense 75.36M 16.90M 0.00600M -
Total revenue 755.69M 220.12M 16.40M 8.12M
Total operating expenses 47.34M 17.28M 37.05M 11.60M
Cost of revenue 285.78M 101.00M 0.89M 8.09M
Total other income expense net -110.34900M -29.38400M -0.00200M -
Discontinued operations - - - -
Net income from continuing ops 236.85M 55.56M - -11.57900M
Net income applicable to common shares 236.85M 55.56M -16.42900M -11.57900M
Preferred stock and other adjustments - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 3142.01M 2279.48M 818.96M 537.93M 497.91M
Intangible assets - - - 0.72M 0.58M
Earning assets - - - - -
Other current assets 32.48M 4.15M 52.09M 13.74M 61.58M
Total liab 1589.29M 1109.84M 265.90M 63.70M 44.68M
Total stockholder equity 1552.72M 1169.65M 553.06M 474.23M 453.22M
Deferred long term liab - 131.85M 59.88M 38.90M -
Other current liab 73.56M 29.40M 64.86M 14.85M 19.86M
Common stock 0.01M 0.01M 0.01000M 0.00900M 458.97M
Capital stock 0.01M 0.01M 0.01000M 0.00900M 0.00000M
Retained earnings 363.28M 160.74M -64.43600M -107.20900M -5.74600M
Other liab - 139.36M 64.62M 41.19M 2.21M
Good will - - - - -
Other assets - - 818.96M 0.40M -
Cash 194.51M 30.50M 34.87M 19.55M 22.71M
Cash and equivalents - - - - -
Total current liabilities 287.39M 266.13M 103.00M 22.43M 30.98M
Current deferred revenue 29.72M 131.16M - - -
Net debt 956.31M 673.85M 63.06M -19.55200M -22.71100M
Short term debt 120.53M 16.70M 13.59M - -
Short long term debt - - - - -
Short long term debt total 1150.83M 704.35M 97.93M - -
Other stockholder equity 1189.42M 1008.90M 617.49M 581.43M 458.97M
Property plant equipment - 3.59M 1.60M 504.23M 405.88M
Total current assets 328.83M 144.53M 86.95M 33.30M 92.03M
Long term investments - - - - -
Net tangible assets - 1169.65M 553.06M 474.23M 464.72M
Short term investments - - - - -
Net receivables 94.59M 96.60M 39.38M 11.32M 7.56M
Long term debt 1030.30M 704.35M 97.93M - -
Inventory 7.25M 13.28M 3.30M 0.12M 0.18M
Accounts payable 63.58M 105.56M 38.14M 7.58M 11.12M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.00000M - - - -1.56600M
Additional paid in capital - - - - -
Common stock total equity - 0.01M 0.01000M 0.00900M -
Preferred stock total equity - - - - -
Retained earnings total equity - 160.74M -64.43600M -107.20900M -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 5.17M -124.73300M -49.41100M 1.27M -0.58000M
Deferred long term asset charges - - - - -
Non current assets total 2813.18M 2134.96M 732.01M 504.63M 405.88M
Capital lease obligations 0.53M - - - -
Long term debt total - 704.35M 97.93M - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -1182.40800M -250.37100M - -51.43400M
Change to liabilities 34.09M 24.51M -4.68400M 3.75M
Total cashflows from investing activities -1182.40800M -250.37100M -139.82500M -51.43400M
Net borrowings 610.18M 100.00M 100.00M 100.00M
Total cash from financing activities 674.03M 118.67M 84.14M 74.02M
Change to operating activities -11.95900M -7.05300M -0.70200M -0.70200M
Net income 236.85M 55.56M -16.42900M -11.57900M
Change in cash -4.36500M 15.32M 17.61M 21.82M
Begin period cash flow 34.87M 19.55M 1.94M 0.89M
End period cash flow 30.50M 34.87M 19.55M 22.71M
Total cash from operating activities 504.01M 147.01M 5.41M -0.77200M
Issuance of capital stock 85.00M 25.30M - 0.00000M
Depreciation 177.74M 80.67M 9.88M 4.27M
Other cashflows from investing activities 128.94M 37.26M -5.80000M 20.49M
Dividends paid 11.61M 12.63M 10.82M 10.82M
Change to inventory - - -0.70200M -0.20900M
Change to account receivables -57.21800M -31.65500M -5.17700M 0.07M
Sale purchase of stock - 130.63M - -
Other cashflows from financing activities 1355.64M -4.63200M -8.41900M 74.02M
Change to netincome 110.77M 39.55M 96.09M 2.85M
Capital expenditures 1311.35M 291.00M 70.61M 71.92M
Change receivables - - - -
Cash flows other operating - - - -
Exchange rate changes - - - -
Cash and cash equivalents changes 236.85M 55.56M - -
Change in working capital -35.09000M -14.19900M -7.16700M 3.62M
Stock based compensation 33.35M 6.68M 15.78M 0.00000M
Other non cash items 15.79M 1.41M 4.40M 7.19M
Free cash flow -807.33200M -143.98100M -65.20000M -72.69500M

Peer Comparison

Sector: Energy Industry: Oil & Gas E&P

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
HPK
Highpeak Energy Acquisition Corp
0.21 1.39% 15.36 12.00 10.39 1.77 1.26 2.63 3.46
COP
ConocoPhillips
0.21 0.19% 114.75 12.82 11.12 2.24 2.90 2.47 5.63
CNQ
Canadian Natural Resources Ltd
0.76 2.14% 36.31 15.51 14.24 2.37 2.92 2.26 5.34
EOG
EOG Resources Inc
1.34 1.01% 134.46 9.09 8.98 3.01 2.57 2.97 5.16
PEXNY
PTT Exploration & Production
-0.63 3.79% 16.01 25.79 24.51 5.92 3.66 0.05 0.08

Reports Covered

Stock Research & News

Profile

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.

Highpeak Energy Acquisition Corp

421 West 3rd Street, Fort Worth, TX, United States, 76102

Key Executives

Name Title Year Born
Mr. Jack D. Hightower Chairman & CEO 1949
Mr. Michael L. Hollis Pres & Director 1975
Mr. Rodney L. Woodard Exec. VP & COO 1955
Mr. Steven W. Tholen Chief Financial Officer 1951
Mr. Keith E. Forbes VP, Controller & Chief Accounting Officer 1963
Dr. Alan R. Huffman Exec. VP & CTO NA
Mr. Jack Dana Hightower Chairman & CEO 1949
Mr. Michael L. Hollis President & Director 1975
Mr. Rodney L. Woodard Executive VP & COO 1956
Mr. Keith E. Forbes VP & Chief Accounting Officer 1963

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