HighPeak Energy demonstrated strong financial and operational performance during the second quarter of 2025, with notable achievements in maintaining margins, reducing CapEx, and successful refinancing efforts. However, the company faced challenges with reduced production activity and market volatility. Despite these challenges, the highlights significantly outweigh the lowlights, indicating a positive overall sentiment.

Company Guidance

During HighPeak Energy's second quarter 2025 earnings call, the company provided guidance on several key metrics and strategic initiatives. The company reported strong production results, though slightly down from the first quarter, with a notable margin of $33.58 per barrel of oil equivalent. HighPeak generated over $155 million in EBITDAX and reduced its capital expenditure (CapEx) by 30% compared to the first quarter. The company extended its term loan and super priority revolving credit facility, enhancing its liquidity to $1.2 billion and pushing debt maturities to September 2028. HighPeak also implemented additional hedges covering a significant portion of its production through March 2027, with over 50% of volumes hedged at a floor price of over $62 per barrel for the second half of the year. The company plans to continue utilizing simul-frac operations, which have already resulted in a 10% savings in completion costs and are expected to be used for approximately one-third of the remaining completions in 2025. Despite fluctuations in quarterly production due to development timing, HighPeak remains confident in achieving its 2025 production guidance.

Strong Margins Despite Market Challenges

HighPeak Energy maintained strong margins at $33.58 per barrel of oil equivalent, generating over $155 million of EBITDAX during the quarter, despite lower commodity prices and global uncertainties.

Significant CapEx Reduction

The company reduced its second quarter CapEx spend by 30% compared to the first quarter, demonstrating capital discipline in response to market conditions.

Successful Refinancing

HighPeak completed the amendment and extension of its term loan and revolving credit facility, extending debt maturities to 2028 and increasing liquidity with a $1.2 billion upsized term loan.

Operational Efficiency Gains

The company realized low-single digit declines in D&C costs quarter-over-quarter and achieved a 10% savings on completion costs through successful simul-frac operations.

Middle Spraberry Well Success

The first Middle Spraberry test well significantly outperformed initial type curve estimates with 170,000 barrels of oil produced in less than a year, indicating strong potential for further development.

Solar Farm Benefits

The Flat Top solar farm reduced electrical costs and CO2 emissions, saving about $810,000 and reducing emissions by over 4,600 metric tons in 2024.

HighPeak Energy (HPK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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HPK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2025 (Q3)	0.15 / -	0.35	―	―	―
Aug 11, 2025	2025 (Q2)	0.14 / 0.10	0.28	-64.29% (-0.18)
May 12, 2025	2025 (Q1)	0.27 / 0.31	0.373	-16.89% (-0.06)
Mar 10, 2025	2024 (Q4)	0.16 / 0.19	0.66	-71.21% (-0.47)
Nov 04, 2024	2024 (Q3)	0.27 / 0.35	0.28	25.00% (+0.07)
Aug 05, 2024	2024 (Q2)	0.42 / 0.28	0.25	12.00% (+0.03)
May 08, 2024	2024 (Q1)	0.35 / 0.37	0.39	-4.36% (-0.02)
Mar 06, 2024	2023 (Q4)	0.61 / 0.66	0.53	24.53% (+0.13)
Nov 06, 2023	2023 (Q3)	0.66 / 0.28	0.85	-67.06% (-0.57)
Aug 07, 2023	2023 (Q2)	0.45 / 0.25	0.64	-60.94% (-0.39)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HPK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 11, 2025	$8.39	$7.27	-13.35%
May 12, 2025	$9.85	$10.20	+3.55%
Mar 10, 2025	$11.70	$10.84	-7.35%
Nov 04, 2024	$12.86	$14.30	+11.20%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does HighPeak Energy (HPK) report earnings?

HighPeak Energy (HPK) is schdueled to report earning on Nov 10, 2025, After Close (Confirmed).

What is HighPeak Energy (HPK) earnings time?

HighPeak Energy (HPK) earnings time is at Nov 10, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HPK EPS forecast?

HPK EPS forecast for the fiscal quarter 2025 (Q3) is 0.16.

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