NASDAQ$HPK

HighPeak Energy Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported increased production and sales volumes, resulting in revenue growth.

HighPeak Energy, Inc. reported a strong second quarter in 2021, marked by increased production and sales volumes. This growth led to a significant rise in revenue and improved financial performance compared to the previous year.

  • Increased production and sales volumes during the quarter.
  • Revenue growth driven by higher sales volumes.
  • Strengthened financial performance compared to the previous year.
  • Focused on operational efficiencies and cost management.

Headline financials

Total Revenue

$48.3M

Previous: $944K+5013.3%
EPS (adj)

$0.06

Previous: -$0.00+18850.0%
Average Daily Sales Volumes

9.9K

No prior period
Capital Expenditures

-$92.1M

No prior period
Free Cash Flow

-$86.3M

No prior period
Net Income

$5.74M

Previous: -$29.3K+19708.7%
Operating Income

$21M

Previous: -$4.15M+607.3%
Gross Profit

$27.2M

Previous: -$2.7M+1106.0%
Cash & Equivalents

$12.8M

No prior period
Total Assets

$604M

No prior period
Stock-Based Comp

$1.02M

No prior period

Revenue & EPS history

HighPeak Energy · Revenue · Quarterly

$48.3M

Q2 2021+5,013.3%vs Q2 2020
Beat estimate in 3 of 7 quarters(43%)
ActualEstimate

Forward guidance

HighPeak Energy anticipates continued growth and operational improvements in the coming periods, focusing on strategic development and financial discipline.

Tailwinds

  • Expected increase in production volumes.
  • Anticipated higher revenue based on current market trends.
  • Continued focus on cost efficiencies.
  • Further development of key assets.
  • Commitment to financial discipline and strategic growth.

Headwinds

  • Potential fluctuations in commodity prices.
  • Uncertainty in the regulatory environment.
  • Possible disruptions in supply chains.
  • Increased competition in the market.
  • Geopolitical risks affecting operations.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.2%

Avg return

Earnings day

-1.3%

Avg return

5 days after

+6.5%

Avg return

30 days after

46%

13 / 28 earnings

Positive

+15.9%

Q3 2024

Best reaction

-11.9%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-9.0%-12.1%+11.5%
Q4 2025-2.7%+14.5%+8.4%
Q3 2025-1.0%-7.3%-0.2%
Q1 2025+3.4%-1.2%+14.0%
Q4 2024-7.4%+1.4%-28.3%
Q3 2024+15.9%+13.6%+16.5%
Q2 2024+7.0%+11.4%-0.8%
Q1 2024+9.2%-2.8%-3.5%
Q4 2023+1.2%-5.8%-1.0%
Q3 2023-3.4%-7.5%-15.2%
Q2 2023-2.8%-0.8%+5.4%
Q1 2023+1.2%-13.8%-6.3%
Q4 2022-10.7%-19.5%-16.6%
Q3 2022+6.2%-2.2%-12.5%
Q2 2022-0.8%-1.4%+14.3%
Q1 2022+8.5%-1.5%+25.8%
Q4 2021-11.0%-9.4%-7.0%
Q3 2021-2.0%-0.1%+5.7%
Q2 2021-3.3%-18.3%-14.3%
Q1 2021+5.0%+9.3%+17.6%
Q4 2020-11.9%-6.7%+13.2%
Q3 2020+13.8%+22.2%+151.1%
Q2 2020+0.5%+0.9%+1.1%
Q1 2020+0.5%+0.7%+0.9%
Q4 2019+0.0%+0.0%+0.7%
Q3 2019+0.0%-0.1%+0.1%
Q2 2019+0.3%+0.2%+0.3%
Q1 2019+0.0%+0.3%+0.5%

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