HighPeak Energy(HPK)

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HighPeak Energy(HPK) - 2025 Q1 - Quarterly Results
2025-06-30 20:08
HighPeak delivered another strong quarter of results, beating production guidance and consensus estimates, while also realizing higher levels of operating efficiencies in our development program. We drilled over 25% faster than our previous expectations, which translated to drilling and completing four additional wells during the first quarter. We are running smoother and more efficiently than ever before, while continuing to keep development costs in line with internal expectations. Exhibit 99.1 HighPeak E ...
HighPeak Energy, Inc. Announces Proposed Aggregate $725 Million Private Offering of Senior Notes
Globenewswire· 2025-06-30 20:01
FORT WORTH, Texas, June 30, 2025 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that it intends to offer, subject to market and customary conditions, $725 million aggregate principal amount of senior notes due 2030 (the “Notes”) in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers (the “Offering”). The Company intends to use the net proceeds from the Offering, to ...
HighPeak Energy(HPK) - 2025 Q1 - Earnings Call Transcript
2025-05-14 00:02
HighPeak Energy (HPK) Q1 2025 Earnings Call May 13, 2025 11:00 AM ET Company Participants Steven Tholen - Chief Financial OfficerMichael Hollis - President & DirectorRyan Hightower - Vice President of Business DevelopmentNoah Hungness - Equity Research AssociateJeffrey Robertson - Managing Director Operator Hello, and welcome to High Peak Energy twenty twenty five First Quarter Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be ...
HighPeak Energy(HPK) - 2025 Q1 - Earnings Call Transcript
2025-05-14 00:00
HighPeak Energy (HPK) Q1 2025 Earnings Call May 13, 2025 11:00 AM ET Speaker0 Hello, and welcome to High Peak Energy twenty twenty five First Quarter Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. I would now like to turn the conference over to the CFO, Steven Tholin. You may begin. Speaker1 Good morning, everyone, and welcome to High Peak Energy's first quarter twenty twenty five earnings cal ...
HighPeak Energy, Inc. Announces First Quarter 2025 Financial and Operating Results - AMENDED
GlobeNewswire News Room· 2025-05-13 06:55
文章核心观点 公司公布2025年第一季度修正财务和运营结果、更新2025年发展展望并提高产量指引 ,在公司效率、资本纪律、资本结构优化和股东价值创造方面取得进展 ,运营和财务表现良好[1]。 各部分总结 近期事件 - 董事长兼首席执行官回顾2025年成功四大支柱 ,并向股东更新进展 [3] 提高公司效率 - 第一季度业绩强劲 ,超产量指引和共识预期 ,开发项目运营效率提高 ,钻井速度比预期快超25% ,多钻完四口井 ,开发成本符合内部预期 [4] 保持资本纪律 - 因全球经济不确定性和油价影响 ,5 - 8月停用一台钻机 ,但运营效率提升使仍能完成2025年井数目标 [5] - 2025年大部分基础设施资本支出集中在第一季度 ,完成超计划年度开发活动 ,预计后续季度资本支出降低 ,全年在指引范围内 ,必要时可灵活调整预算 [6] 优化资本结构 - 致力于优化资本结构 ,待市场稳定后执行计划 ,财务状况健康 ,无近期债务到期 ,积极维持资产负债表稳健 [8] 股东价值 - 鉴于当前宏观经济背景 ,凭借优质资产保持灵活和谨慎 ,管理层与股东利益一致 ,资产基本面价值仍强 [9] 第一季度运营更新 - 2025年第一季度平均销量53.1 MBoe/d ,较2024年第四季度增6% ,销售构成中原油约占72% ,液体约占86% [10] - 第一季度平均使用两台钻机和一个压裂队 ,钻16口水平井 ,投产13口 ,3月31日有28口井处于不同阶段 [11] - 更新2025年产量指引范围至48,000 - 50,500 Boe/d ,总裁称产量强使指引范围收窄、中点提高 ,且成本有通缩压力 [11][12] 第一季度财务结果 - 第一季度净收入3630万美元 ,摊薄后每股0.26美元 ,EBITDAX 1.973亿美元 ,摊薄后每股1.40美元 ,调整后净收入4270万美元 ,摊薄后每股0.31美元 [7][13] - 第一季度平均实现价格为每桶原油71.64美元、每桶NGL 24.21美元、每千立方英尺天然气2.34美元 ,整体实现价格每Boe 53.84美元 ,未套期保值EBITDAX每Boe 41.90美元 [14] - 第一季度资本支出1.798亿美元用于钻井、完井等 [15] 套期保值 - 截至2025年3月31日 ,公司有多种原油和天然气衍生品合约 ,4月又增加部分天然气互换合约 [16][19] 股息 - 2025年第一季度董事会批准每股0.04美元季度股息 ,支付股东500万美元 ,5月宣布6月25日支付相同股息给6月2日登记股东 [21] 会议电话 - 公司将于2025年5月13日上午10点举办电话会议和网络直播 ,讨论第一季度结果 [22] 资产负债表数据 - 截至2025年3月31日 ,总资产30.93081亿美元 ,总负债和股东权益30.93081亿美元 ,与2024年12月31日相比有变化 [32][33] 运营报表 - 2025年第一季度运营收入2.57448亿美元 ,运营成本和费用1.67069亿美元 ,运营收入9037.9万美元 ,净收入3633.5万美元 [35] 现金流量表 - 2025年第一季度经营活动提供净现金1.57052亿美元 ,投资活动使用净现金1.56594亿美元 ,融资活动使用净现金3548.8万美元 ,现金及现金等价物净减少3503万美元 [37] 运营亮点 - 2025年第一季度原油、NGL、天然气销量及总销量数据 ,平均实现价格及每Boe利润率数据 [39] 每股收益详情 - 2025年第一季度净收入、基本和摊薄后每股收益等数据 [41] 财务指标调整 - 展示净收入与EBITDAX、自由现金流等指标的调整过程 [44][46][48]
HighPeak Energy, Inc. (HPK) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-05-13 06:20
HighPeak Energy, Inc. (HPK) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40.91%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.06, delivering a surprise of -53.85%.Over the last four quarters, the co ...
HighPeak Energy(HPK) - 2025 Q1 - Earnings Call Presentation
2025-05-13 05:14
INVESTOR PRESENTATION MAY 2025 1 Disclaimer •FORWARD-LOOKING STATEMENTS •The information in this presentation and in any oral statements made in connection herewith contains forward-looking statements that involve risks and uncertainties. When used in connection with this document, the words "believes," "plans," "expects," "anticipates," "forecasts," "intends," "projects," "continue," "may," "will," "could," "should," "future," "potential," "estimate" or the negative of such terms and similar expressions as ...
HighPeak Energy(HPK) - 2025 Q1 - Quarterly Report
2025-05-13 04:11
公司金融工具与协议 - 公司普通股面值为每股0.0001美元[11] - 认股权证可按每股11.50美元的价格购买一股HighPeak Energy普通股[20] - 认股权证可按每股11.50美元的价格购买一股公司普通股[20] - 公司于2023年11月1日签订高级信贷安排协议,于2023年9月12日签订定期贷款信贷协议[20] - 第一份高级信贷安排协议修正案于2024年3月29日签订[12] - 高级信贷安排协议日期为2023年11月1日,定期贷款信贷协议日期为2023年9月12日,第一设施修订日期为2024年3月29日[20,20,12] 行业术语定义 - 1桶原油当量(Boe)是用于将原油和天然气产量按可比原油当量表示的标准惯例,天然气当量按相对能量含量法,以6000立方英尺天然气换算1桶原油或NGL确定[11] - 1桶原油当量(Boe)是将原油和天然气体积按可比原油当量表示的标准惯例,6000立方英尺天然气相当于1桶原油或NGL[11] - 开发成本指获取已探明储量并提供提取、处理、收集和储存油气设施的成本[11] - 估计最终采收率(EUR)是指给定日期剩余储量与该日期累计产量之和[11] - PV - 10指从已探明储量生产中产生的预计未来总收入,扣除预计生产、未来开发和弃置成本,使用确定日期的价格和成本,在所得税前,按10%的年贴现率折现到现值[18] - PV - 10是指证明储量生产的预计未来总收入,扣除预计生产、未来开发和弃置成本,按10%的年利率折现,不考虑所得税[18] - 标准化度量是指按10%的年利率折现的预计未来净收入的现值[20] - 标准化衡量指标是指证明储量生产的预计未来净收入的现值(按10%的年利率折现),扣除相关所得税[20] - 证明储量是指通过对地质科学和工程数据的分析,在合理的确定性下,预计从已知油藏中经济开采的原油和天然气数量[17] - 证明已开发储量可通过现有井、现有设备和操作方法回收,可细分为证明已开发生产储量和证明已开发非生产储量[17] - 证明未开发储量预计从未钻井的新井或需要重大完井支出的现有井中回收,未钻井位置需在五年内钻探[18] - 净井和净英亩数通过将总井和总英亩数乘以公司在这些井或英亩中的工作权益确定[20] - 现有经济条件下的价格为报告期结束日期前12个月的月首日价格的未加权算术平均价格,除非有合同约定[16] 前瞻性陈述相关 - 季度报告包含前瞻性陈述,其基于公司管理层的信念、假设和现有信息[22] - 季报包含前瞻性陈述,基于公司管理层信念、假设和现有信息[22] - 前瞻性陈述涉及公司未来财务状况、业务战略等内容[22] 影响公司因素 - 影响公司实际结果与预期差异的因素包括债务再融资或支付能力、市场价格、政治冲突等[23] - 公司承担债务的本金、利息等按时偿还及再融资能力存在不确定性[23] - 公司的流动性、现金流和获取资本的能力受多种因素影响[23] - 原油、NGL、天然气等产品的供需和市场价格存在不确定性[23] - 通货膨胀率、货币政策、贸易政策和关税会影响公司[23] - 原油或天然气产区的政治不稳定或武装冲突影响公司[23] - 公司收购的整合存在不确定性[23] 储量估算相关 - 未钻探位置若要归类为已探明未开发储量(PUD),需有开发计划表明将在5年内钻探,除非特定情况证明可延长时间[18] - 储量估算需考虑法律生产权、交付手段、许可证和融资等条件[18] - 储量工程对地下油气储量的估计可能与最终开采量有显著差异[25] - 储备工程是对原油、NGL和天然气储量的估算,存在误差[25] - 储量估算可能与最终开采量有显著差异[25] 技术相关 - 3 - D地震数据能比二维数据更详细准确地解释地下地层[11]
HighPeak Energy, Inc. Announces First Quarter 2025 Financial and Operating Results
GlobeNewswire News Room· 2025-05-13 04:01
FORT WORTH, Texas, May 12, 2025 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended March 31, 2025, provided an updated 2025 development outlook and increased production guidance. First Quarter 2025 Highlights Sales volumes averaged approximately 53.1 thousand barrels of crude oil equivalent per day (“MBoe/d”), representing a 6% increase from the fourth quarter 2024.Net income was $36.3 million, or $0.26 ...
HighPeak Energy, Inc. Announces 2025 First Quarter Earnings Release and Conference Call Dates
Globenewswire· 2025-04-29 18:00
Investor Contact: FORT WORTH, Texas, April 29, 2025 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (NASDAQ: HPK) ("HighPeak Energy"), today announced that it plans to release its 2025 first quarter financial and operating results after the close of trading on Monday, May 12, 2025. HighPeak Energy will host a conference call and webcast on Tuesday, May 13, 2025 at 10:00 a.m. Central Time for investors and analysts to discuss its 2025 first quarter financial results and operational highlights. Participants may reg ...