HighPeak Energy (NASDAQ:HPK – Get Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.
Separately, Wall Street Zen raised shares of HighPeak Energy from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $12.00.
Get Our Latest Analysis on HighPeak Energy
HighPeak Energy Stock Down 10.1%
HighPeak Energy (NASDAQ:HPK – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.02) EPS for the quarter, hitting analysts’ consensus estimates of ($0.02). HighPeak Energy had a negative net margin of 18.78% and a negative return on equity of 0.73%. The firm had revenue of $215.89 million for the quarter, compared to analyst estimates of $210.14 million. During the same quarter in the prior year, the firm earned $0.31 EPS. The company’s revenue was down 20.7% on a year-over-year basis. Equities research analysts anticipate that HighPeak Energy will post -0.14 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in HPK. Caitong International Asset Management Co. Ltd acquired a new position in HighPeak Energy during the 4th quarter valued at about $29,000. Stokes Family Office LLC acquired a new position in HighPeak Energy during the 4th quarter valued at about $48,000. Raymond James Financial Inc. acquired a new position in HighPeak Energy during the 2nd quarter valued at about $49,000. State of Alaska Department of Revenue lifted its position in HighPeak Energy by 135.5% during the 4th quarter. State of Alaska Department of Revenue now owns 10,624 shares of the company’s stock valued at $50,000 after purchasing an additional 6,112 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new position in HighPeak Energy during the 4th quarter valued at about $51,000. 24.13% of the stock is currently owned by institutional investors and hedge funds.
HighPeak Energy Company Profile
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.
Featured Articles
- Five stocks we like better than HighPeak Energy
- Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
Receive News & Ratings for HighPeak Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HighPeak Energy and related companies with MarketBeat.com's FREE daily email newsletter.
