HighPeak Energy (HPK)
NASDAQ:HPK
Earnings Data
Report Date
May 18, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.05Last Year’s EPS
0.31Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasizes disciplined execution: management highlighted strong near-term production, significant capital-efficiency gains (estimated ~65% increase in production per dollar), large high-quality inventory, and decisive balance-sheet actions (dividend suspension, expanded hedges, and a commitment to accelerate debt paydown). Near-term trade-offs include a materially reduced 2026 CapEx program (~50% lower vs. prior year), conservative one‑rig pacing (limiting headline production growth), remediation of water issues in a small sub-area, and the reality of substantial term loan amortization and elevated leverage. Overall, the company presents a constructive, risk‑averse plan focused on liquidity and long‑term value creation rather than short‑term growth.Company Guidance
Strong near-term production
Quarter-to-date production is averaging more than 46,000 BOE/day, roughly 10% above the midpoint of 2026 guidance; management indicates a sustainable baseline in the low- to mid-40,000 BOE/day range for 2026.
Material capital discipline and lower CapEx
2026 capital budget is nearly 50% lower than the prior year and described as roughly half of 2025 levels (company referenced a multi-year trend: 2023 ~$1B, 2025 ~ $500M, 2026 ~ half of 2025); plan is anchored to one rig, ~30 wells drilled and ~36–38 wells brought online in 2026.
Improved capital efficiency
Company estimates a ~65% increase in production per dollar invested driven by a more capital-efficient development plan and continued optimization.
Balance-sheet and liquidity actions
Management prioritized strengthening the balance sheet: suspended the dividend (estimated to increase annual liquidity by $20–25M), expanded hedging to reduce price volatility exposure, and committed incremental free cash flow to debt reduction. Term loan amortization is $30M per quarter ($120M per year) and the company can prepay at par to accelerate deleveraging.
Large, high-quality inventory and long-term optionality
HighPeak reports more than 2,600 total drilling locations across stacked Spraberry and Wolfcamp formations; management cites >30 years of high-return inventory in core zones at the current drilling cadence, including ~200 proved undeveloped (PUD) locations, >400 additional premium Wolfcamp A/Lower Spraberry locations, and >200 Middle Spraberry locations progressing toward sub-$50 breakeven.
Operational optimization initiatives
Ongoing programs (targeted well workovers, artificial lift changes, restimulation, completion and drilling optimizations) are intended to increase recoveries from existing wells, improve returns on invested capital, and modestly raise unit LOE as part of base-production enhancement efforts. Water infrastructure is in place and being leveraged for efficient recycling and disposal.
Decline-rate improvement trajectory
Corporate decline rate has improved from about mid-40% (exit 2024) to ~38% at the end of 2025 and management expects roughly a 2 percentage-point improvement in 2026 (exiting ~36%), which supports lower maintenance CapEx over time.
HPK Earnings History
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 |
|---|---|---|---|
Mar 11, 2026 | $5.85 | $5.69 | -2.74% |
Nov 05, 2025 | $6.08 | $5.21 | -14.30% |
Aug 11, 2025 | $8.34 | $7.22 | -13.35% |
May 12, 2025 | $9.79 | $10.14 | +3.63% |
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 May 18, 2026, After Close (Confirmed).
What is HighPeak Energy (HPK) earnings time?
HighPeak Energy (HPK) earnings time is at May 18, 2026, 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 2026 (Q1) is -0.05.