10-Q quarterly report · filed Aug 10, 2026

HighPeak Energy, Inc. (HPK) Q2 2026 10-Q Quarterly Report

Short answer

HighPeak Energy, Inc. (HPK) filed its Q2 2026 10-Q quarterly report on Aug 10, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $272M (up 35.9% year over year) with net income of $82M.

Q2 2026 key financials · XBRL

Revenue
$272M
+35.9% YoY · +26.2% QoQ
Net income
$82M
+214.3% YoY · +164.6% QoQ
Operating margin
29.5%
EPS (diluted)
$0.66
+247.4% YoY · +164.7% QoQ

Source: XBRL data from the HighPeak Energy, Inc. (HPK) Q2 2026 10-Q on SEC EDGAR. USD.

HighPeak Energy, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $272.4M, up 26% YoY from $216.5M, driven by 35% higher realized prices per Boe
  • Net income $82.3M vs $26.2M YoY; realized price $66.11/Boe vs $48.90, while volumes fell 7% to 45,285 Boepd
  • Best product: crude oil price $98.82/Bbl vs $63.74; weakest: natural gas price negative $1.50/Mcf vs positive $1.50
  • Operating cash flow $126.3M vs $141.2M YoY; development costs $126.5M and total costs incurred $189.0M
  • Outlook: one-rig 2026 plan, monthly activity reviews, dividend suspension and potential further capex reductions amid covenant-compliance risk

Risk Factors

  • No material changes to 10-K risk factors reported for the quarter
  • Revolving credit agreement amended June 30, 2026, creating updated debt-covenant considerations
  • Credit agreement amended June 25, 2026, indicating ongoing financing-structure risk
  • Carried-forward business, operational, market, liquidity, and compliance risks remain incorporated by reference

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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