HPK

Highpeak Energy, Inc. Energy Drilling Oil & Gas Wells Russell 3000

$10.19Close $1.3BMarket cap $3.89 – $11.5752-week range Nov 9, 2026Next report · after the close

Stage 2 Leader 8th of 68

Highlights

Strengths

In a stage-2 uptrend all 8 trend conditions pass
Leading the market RS 96 · stronger than 96% of stocks over 12 months
Accumulation up-day volume 1.6× down-day volume over 50 sessions
Earnings growing EPS +214% year on year, faster than the quarter before (+670 pts)

Cautions

Results soon Nov 9, 2026, in 8 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 10, 2026

Off 12-month high 12%

1wk 11.9% price change

1mo 24.9% price change

12-month return 61% market up 11% · its own up 54%

F-score — — Not assessed

Altman Z″ 1.85 Moderate risk

P/E 0.1× price / earnings

PEG — P/E / EPS growth

P/B 0.8× price / book

Earnings yield 6.7% EBIT / enterprise value

Cheaper than 92% of the market · markedly cheap

Revenue growth 23% year on year

EPS growth 214% latest quarter · +670 pts

Sales growth 26% latest quarter · +47 pts

ROE 1186% return on equity

Free cash margin 59% $511.6M FCF

D/E 0.71 long-term debt / equity

Net debt / EBITDA 1.7×

Interest cover 1.0×EBIT / interest

Trade setup

ATR% 5.9% $0.60 a day · 2×ATR $8.98

RS 96 / 99 vs the universe

Trend 8 / 8 trend template

Relative volume 1.2× vs 50-day average

Up/down volume 1.63 50 sessions

Implied move — no option chain · report Nov 9, 2026

Trend template · 8 of 8

Screen verdict

1 of 3 screens

Stage 2 Leader in mixed conditions
- RS 96
- Trend 8/8
- Off 12-month high 12%
- EPS growth +214% (accel +670 pts)
- Sales growth +26% (accel +47 pts)
- Altman Z″ 1.85 (moderate risk)

Warning signs

3 flagged

Interest is covered, but thinly Earnings before interest cover the interest bill 1.0 times, leaving little room if profits fall.
Profit not backed by cash Reported profit of $19.0B came with $511.6M of operating cash flow. Profit that cash does not follow is the classic signature of aggressive accounting.
Revenue shrinking Revenue fell 22.7% over the year, from $1.1B to $863.4M.

Last reported Aug 10, 2026

Results reaction Aug 10, 2026+15% vs market2 sessions after results

Financials

6 fiscal years · from filings

Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $863.4M -23% on FY2024

Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $19.0B -80% on FY2024

Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $511.6M -26% on FY2024

Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology

Net 2196%
Free cash 59%

Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $970.7M net debt

Cash
Long-term debt

Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 125.33m

	FY2019Dec 31, 2019	FY2021Dec 31, 2021	FY2022Dec 31, 2022	FY2023Dec 31, 2023	FY2024Dec 31, 2024	FY2025Dec 31, 2025
Revenue	$8.1M	$220.1M	$755.7M	$1.1B	$1.1B	$863.4M
Operating income	-$11.6M	$101.7M	$422.6M	$426.5M	$337.4M	$150.0M
Net income	-$11.6M	$55.6M	$236.9M	$215.9B	$95.1B	$19.0B
Net margin	-143%	25%	31%	19084%	8510%	2196%
Earnings per share	—	$0.59	$2.13	$1,754.72	$735.80	$151.30
Free cash flow	-$772,000	$147.0M	$504.0M	$756.4M	$690.4M	$511.6M
Free cash margin	-10%	67%	67%	67%	62%	59%
Cash	$22.7M	$34.9M	$30.5M	$194.5M	$86.6M	$162.1M
Long-term debt	—	$97.9M	$704.3M	$1.0B	$928.4M	$1.1B
Shareholders' equity	—	$553.1M	$1.2B	$1.6B	$1.6B	$1.6B
Shares outstanding	—	96.77m	113.17m	128.42m	126.07m	125.33m

Filings

SEC EDGAR

Filed	Report	Period to	Lag
Aug 10, 2026	Quarterly ↗	Jun 30, 2026	41d
May 6, 2026	Quarterly ↗	Mar 31, 2026	36d
Mar 11, 2026	Annual ↗	Dec 31, 2025	70d
Nov 5, 2025	Quarterly ↗	Sep 30, 2025	36d
Aug 11, 2025	Quarterly ↗	Jun 30, 2025	42d
May 12, 2025	Quarterly ↗	Mar 31, 2025	42d
Mar 10, 2025	Annual ↗	Dec 31, 2024	69d
Nov 4, 2024	Quarterly ↗	Sep 30, 2024	35d
Aug 5, 2024	Quarterly ↗	Jun 30, 2024	36d
May 8, 2024	Quarterly ↗	Mar 31, 2024	38d
Mar 6, 2024	Annual ↗	Dec 31, 2023	66d
Nov 6, 2023	Quarterly ↗	Sep 30, 2023	37d

Current reports

Filed	Disclosed
Oct 6, 2026	Material agreement · Unregistered share sale · Regulation FD · Other events ↗
Aug 10, 2026	Results · Regulation FD ↗
Jun 30, 2026	Material agreement · New obligation ↗
Jun 2, 2026	Shareholder vote ↗
May 6, 2026	Material agreement · Results · Regulation FD ↗
May 1, 2026	Charter or bylaws ↗
Mar 11, 2026	Results · Regulation FD ↗
Nov 5, 2025	Director or officer change · Regulation FD · Other events ↗
Nov 5, 2025	Results · Regulation FD ↗
Sep 16, 2025	Change of control · Director or officer change · Regulation FD ↗
Sep 15, 2025	Director or officer change ↗
Aug 11, 2025	Results · Regulation FD ↗