HighPeak Energy (NASDAQ:HPK) Trading 8.1% Higher – Here’s What Happened

Posted by Brian Himes on Jun 10th, 2026

HighPeak Energy, Inc. (NASDAQ:HPK – Get Free Report) shares shot up 8.1% during mid-day trading on Wednesday . The company traded as high as $7.91 and last traded at $7.9540. 41,488 shares were traded during trading, a decline of 96% from the average session volume of 958,609 shares. The stock had previously closed at $7.36.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on HPK. Weiss Ratings restated a “sell (d)” rating on shares of HighPeak Energy in a research report on Wednesday, June 3rd. Zacks Research upgraded HighPeak Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Finally, Wall Street Zen lowered HighPeak Energy from a “hold” rating to a “sell” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $12.00.

Get Our Latest Stock Analysis on HighPeak Energy

HighPeak Energy Stock Up 9.5%

The company has a debt-to-equity ratio of 0.75, a current ratio of 0.67 and a quick ratio of 0.66. The firm has a 50 day simple moving average of $6.81 and a 200-day simple moving average of $5.79. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of -6.78 and a beta of 0.35.

HighPeak Energy (NASDAQ:HPK – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.02). HighPeak Energy had a negative return on equity of 0.73% and a negative net margin of 18.78%.The firm had revenue of $215.89 million during the quarter, compared to analyst estimates of $210.14 million. During the same period in the prior year, the company posted $0.31 earnings per share. The business’s revenue for the quarter was down 20.7% compared to the same quarter last year. On average, sell-side analysts forecast that HighPeak Energy, Inc. will post -0.14 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers acquired a new position in HighPeak Energy during the first quarter worth $104,000. Independent Financial Group LLC acquired a new position in HighPeak Energy during the first quarter worth $179,000. Bank of New York Mellon Corp raised its stake in HighPeak Energy by 6.9% during the first quarter. Bank of New York Mellon Corp now owns 868,683 shares of the company’s stock worth $5,994,000 after acquiring an additional 55,955 shares in the last quarter. Hsbc Holdings PLC acquired a new position in HighPeak Energy during the first quarter worth $255,000. Finally, Kestra Advisory Services LLC acquired a new position in HighPeak Energy during the first quarter worth $70,000. 24.13% of the stock is currently owned by institutional investors and hedge funds.

About HighPeak Energy

(Get Free Report)

HighPeak Energy, Inc (NASDAQ: HPK) is a Delaware‐incorporated independent oil and natural gas exploration and production company. The firm focuses on the acquisition, development and exploitation of onshore petroleum assets in the continental United States. Its operations encompass the full upstream value chain, including exploration, drilling, completion and production activities aimed at maximizing hydrocarbon recovery and operational efficiency.

The company’s primary business activities include identifying and acquiring conventional and unconventional oil and gas properties, applying advanced drilling and completion technologies, and managing midstream logistics to optimize product flow.