HPK

HighPeak Energy, Inc. operates as an independent oil and natural gas company focused on the acquisition, development, and production of unconventional reserves in the Midland Basin of West Texas. Headquartered in Fort Worth, Texas, the company holds approximately 60,000 net acres in Howard County, strategically positioned within one of the most prolific oil-producing regions in the Permian Basin. HighPeak Energy conducts horizontal drilling and completion operations targeting multiple productive zones, including the Spraberry and Wolfcamp formations, which contain significant crude oil, natural gas, and natural gas liquids reserves. The company operates with a capital-efficient development strategy, utilizing advanced drilling techniques and modern completion designs to maximize well productivity and returns. As of recent reports, HighPeak Energy operates over 100 gross horizontal wells and maintains an inventory of drilling locations to support multi-year development plans. The company was formed through a business combination with Pure Acquisition Corp. in August 2020 and completed its merger with HighPeak Energy Assets in May 2023, significantly expanding its operational scale and production capacity. This consolidation enhanced the company's position as a pure-play Permian operator with increased operational control and economies of scale. HighPeak Energy trades on the NASDAQ under the ticker symbol HPK and focuses on delivering production growth while maintaining financial discipline in its capital allocation approach.