Highpeak Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Highpeak Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Highpeak Energy Inc HPK.OQ reported quarterly adjusted earnings of 59 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of two analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -17 cents to 4 cents per share.
Revenue rose 35.9% to $272.42 million from a year ago; analysts expected $232.15 million.
Highpeak Energy Inc's reported EPS for the quarter was 59 cents.
The company reported quarterly net income of $82.28 million.
Highpeak Energy Inc shares had risen by 3.0% this quarter and gained 51.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 44.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"
Wall Street's median 12-month price target for Highpeak Energy Inc is $10.00, about 28% above its last closing price of $7.20
This summary was machine generated from LSEG data August 10 at 09:04 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.06 | 0.59 | Beat |
Mar. 31 2026 | 0.04 | -1.02 | Missed |
Dec. 31 2025 | -0.07 | -0.21 | Missed |
Sep. 30 2025 | 0.20 | -0.15 | Missed |
Recent news on HighPeak Energy
See all newsBrief: Indonesia's Danantara Investment Management invests $250 million in US firm Highpeak Energy
Brief: Highpeak Energy Announces Comprehensive Refinancing
US shale oil producer HighPeak Energy exploring sale, sources say
Highpeak Energy Inc reports results for the quarter ended June 30 - Earnings Summary
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