(HPK) Highpeak Energy Acquisition - Overview
Sector: Energy | Industry: Oil & Gas E&P | Exchange: NASDAQ (USA) | Market Cap: 963m USD | Total Return: -12.8% in 12m
Avg Turnover: 5.20M
Qual. Beats: 0
Rev. Trend: -65.8%
Qual. Beats: 0
Warnings
Interest Coverage Ratio 0.7 is critical
Beneish M-Score 1.00 > -1.5 - likely earnings manipulation
Altman Z'' 0.48 < 1.0 - financial distress zone
Fakeout Choppy
Tailwinds
Tailwind
HighPeak Energy, Inc. is an independent energy company focused on the exploration, development, and production of crude oil, natural gas, and natural gas liquids. Headquartered in Fort Worth, Texas, the firm concentrates its operations within the Permian Basin, a region characterized by multi-pay zones and high recovery potential. The company transitioned from a limited partnership to its current corporate structure in August 2020.
The business model centers on the acquisition and horizontal drilling of unconventional reserves in West Texas and Eastern New Mexico. Unlike integrated oil majors, independent exploration and production firms typically generate revenue solely through upstream activities, making their margins highly sensitive to regional benchmark pricing and infrastructure constraints in the Permian Basin. For a deeper look into these valuation drivers, consider reviewing the comprehensive data available on ValueRay. This sector often requires significant capital expenditure to maintain production levels as shale well decline rates are typically steepest in the first year of operation.
- WTI crude oil price fluctuations directly impact top-line revenue and cash flow
- Drilling efficiency in the Howard County acreage drives operational margin growth
- High leverage ratios and debt servicing costs influence equity valuation metrics
- Consolidation trends in the Permian Basin affect potential acquisition premiums
- Transition to sustainable infrastructure reduces long-term lease operating expenses per barrel
| Net Income: -144.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -2.15 > 1.0 |
| NWC/Revenue: -13.62% < 20% (prev -14.08%; Δ 0.46% < -1%) |
| CFO/TA 0.12 > 3% & CFO 402.7m > Net Income -144.8m |
| Net Debt (1.09b) to EBITDA (527.9m): 2.07 < 3 |
| Current Ratio: 0.67 > 1.5 & < 3 |
| Outstanding Shares: last quarter (125.3m) vs 12m ago -1.53% < -2% |
| Gross Margin: 16.66% > 18% (prev 0.35%; Δ 1.63k% > 0.5%) |
| Asset Turnover: 24.19% > 50% (prev 33.59%; Δ -9.41% > 0%) |
| Interest Coverage Ratio: 0.71 > 6 (EBITDA TTM 527.9m / Interest Expense TTM 144.1m) |
| A: -0.03 (Total Current Assets 212.1m - Total Current Liabilities 317.1m) / Total Assets 3.28b |
| B: 0.09 (Retained Earnings 305.1m / Total Assets 3.28b) |
| C: 0.03 (EBIT TTM 101.9m / Avg Total Assets 3.19b) |
| D: 0.17 (Book Value of Equity 305.1m / Total Liabilities 1.81b) |
| Altman-Z'' = 0.48 = B |
| DSRI: 1.69 (Receivables 98.5m/78.4m, Revenue 771.0m/1.04b) |
| GMI: 2.09 (GM 16.66% / 34.83%) |
| AQI: 8.44 (AQ_t 0.05 / AQ_t-1 0.01) |
| SGI: 0.74 (Revenue 771.0m / 1.04b) |
| TATA: -0.17 (NI -144.8m - CFO 402.7m) / TA 3.28b) |
| Beneish M = 2.59 (Cap -4..+1) = D |
As of May 24, 2026, the stock is trading at USD 7.30 with a total of 700,843 shares traded.
Over the past week, the price has changed by +10.56%,
over one month by +26.82%,
over three months by +51.84% and
over the past year by -12.80%.
Highpeak Energy Acquisition has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold HPK.
- StrongBuy: 0
- Buy: 1
- Hold: 0
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 7.9 | 7.9% |
P/S = 1.1932
P/B = 0.6559
Revenue TTM = 771.0m USD
EBIT TTM = 101.9m USD
EBITDA TTM = 527.9m USD
Long Term Debt = 1.10b USD (from longTermDebt, last quarter)
Short Term Debt = 90.7m USD (from shortTermDebt, last quarter)
Debt = 1.19b USD (from shortLongTermDebtTotal, last quarter) + Leases 757k
Net Debt = 1.09b USD (calculated: Debt 1.19b - CCE 95.8m)
Enterprise Value = 2.06b USD (962.8m + Debt 1.19b - CCE 95.8m)
Interest Coverage Ratio = 0.71 (Ebit TTM 101.9m / Interest Expense TTM 144.1m)
EV/FCF = -89.20x (Enterprise Value 2.06b / FCF TTM -23.1m)
FCF Yield = -1.12% (FCF TTM -23.1m / Enterprise Value 2.06b)
FCF Margin = -2.99% (FCF TTM -23.1m / Revenue TTM 771.0m)
Net Margin = -18.78% (Net Income TTM -144.8m / Revenue TTM 771.0m)
Gross Margin = 16.66% ((Revenue TTM 771.0m - Cost of Revenue TTM 642.6m) / Revenue TTM)
Gross Margin QoQ = 19.77% (prev -7.37%)
Tobins Q-Ratio = 0.63 (Enterprise Value 2.06b / Total Assets 3.28b)
Interest Expense / Debt = 12.12% (Interest Expense 144.1m / Debt 1.19b)
Taxrate = 27.53% (7.21m / 26.2m)
NOPAT = 73.8m (EBIT 101.9m * (1 - 27.53%))
Current Ratio = 0.67 (Total Current Assets 212.1m / Total Current Liabilities 317.1m)
Debt / Equity = 0.81 (Debt 1.19b / totalStockholderEquity, last quarter 1.47b)
Debt / EBITDA = 2.07 (Net Debt 1.09b / EBITDA 527.9m)
Debt / FCF = -47.43 (negative FCF - burning cash) (Net Debt 1.09b / FCF TTM -23.1m)
Total Stockholder Equity = 1.59b (last 4 quarters mean from totalStockholderEquity)
RoA = -4.54% (Net Income -144.8m / Total Assets 3.28b)
RoE = -9.13% (Net Income TTM -144.8m / Total Stockholder Equity 1.59b)
RoCE = 3.80% (EBIT 101.9m / Capital Employed (Equity 1.59b + L.T.Debt 1.10b))
RoIC = 2.42% (NOPAT 73.8m / Invested Capital 3.06b)
WACC = 9.29% (E(962.8m)/V(2.15b) * Re(9.91%) + D(1.19b)/V(2.15b) * Rd(12.12%) * (1-Tc(0.28)))
Discount Rate = 9.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -85.40 | Cagr: -1.83%
[DCF] Fair Price = unknown (Cash Flow -23.1m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.11 | # QB: 0
Revenue Correlation: -65.84 | Revenue CAGR: -10.10% | SUE: 0.24 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.02 | Chg30d=+111.76% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.01 | Chg30d=+105.56% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.11 | Chg30d=+78.43% | Revisions=-20% | GrowthEPS=-146.5% | GrowthRev=-3.4%
EPS next Year (2027-12-31): EPS=-0.28 | Chg30d=+22.22% | Revisions=N/A | GrowthEPS=-154.6% | GrowthRev=-6.6%