HighPeak Energy (HPK) Projected to Post Earnings on Monday

HighPeak Energy (NASDAQ:HPK) will likely be releasing its earnings data after the market closes on Monday, March 10th. Analysts expect HighPeak Energy to post earnings of $0.14 per share and revenue of $247.32 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

HighPeak Energy Stock Up 1.5 %

Shares of HighPeak Energy stock opened at $11.95 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.93 and a debt-to-equity ratio of 0.59. The company’s fifty day simple moving average is $13.98 and its two-hundred day simple moving average is $14.32. The company has a market cap of $1.51 billion, a P/E ratio of 9.41 and a beta of 0.76. HighPeak Energy has a 12-month low of $11.43 and a 12-month high of $17.48.

HighPeak Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date is Monday, March 3rd. HighPeak Energy’s dividend payout ratio (DPR) is presently 12.60%.

Analyst Ratings Changes

Separately, Truist Financial upped their target price on shares of HighPeak Energy from $14.00 to $15.00 and gave the company a “hold” rating in a research note on Monday, January 13th.

HighPeak Energy Company Profile

HighPeak Energy, Inc, an independent oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas.