← HighPeak Energy, Inc.
| Annual Trend | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Net Income From Continuing Operations | ($11.6m) | $55.6m | $236.9m | $215.9m | $95.1m | $19.0m | ($144.8m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($11.6m) |
$50.9m
+539.46%
|
$213.9m
+320.29%
|
$194.0m
-9.30%
|
$85.9m
-55.71%
|
$16.9m
-80.37%
|
— | |
| Depreciation, Depletion and Amortization | $4.3m | $65.2m | $177.7m | $424.4m | $500.8m | $421.8m | $425.5m | |
| Amortization of Debt Issuance Costs | — | $498k | $5.6m | $11.4m | $8.3m | $5.9m | — | |
| Amortization of discounts on long-term debt | — | $0 | $7.7m | $15.1m | $9.9m | $5.7m | — | |
| Depletion, depreciation and amortization | $4.3m | $65.2m | $177.7m | $424.4m | $500.8m | $421.8m | — | |
| Depreciation Amortization Depletion | $4.3m | $65.2m | $177.7m | $424.4m | $500.8m | $421.8m | $425.5m | |
| Deferred Income Tax Expense (Benefit) | — | $16.9m | $75.4m | $65.9m | $35.3m | $7.2m | ($30.4m) | |
| Deferred Tax | — | — | $75.4m | $65.9m | $35.3m | $7.2m | ($30.4m) | |
| Share-based Payment Arrangement, Noncash Expense | — | $6.7m | $33.4m | $26.0m | $12.7m | $619k | $1.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $5.1m | — | |
| Share-based Payment Arrangement, Expense | — | $6.7m | $33.4m | $26.0m | $12.7m | $619k | $1.3m | |
| Stock-based compensation expense | — | $6.7m | $33.4m | $26.0m | $12.7m | $619k | $1.3m | |
| Changes in operating assets and liabilities: | ||||||||
| Changes in working capital associated with crude oil and natural gas property additions | ($7k) | ($709k) | ($2.2m) | ($193k) | ($216k) | ($54k) | — | |
| Change In Working Capital | — | — | ($35.1m) | $17.4m | ($5.4m) | $40.3m | $2.8m | |
| Increase (Decrease) in Accounts Receivable | ($70k) | $31.7m | $57.2m | ($2.0m) | ($9.3m) | ($29.7m) | ($20.1m) | |
| Accounts receivable | $70k | ($31.7m) | ($57.2m) | $2.0m | $9.3m | $29.7m | ($20.1m) | |
| Change In Receivables | — | — | ($57.2m) | $2.0m | $9.3m | $29.7m | ($20.1m) | |
| Changes In Account Receivables | — | — | ($57.2m) | $2.0m | $9.3m | $29.7m | ($20.1m) | |
| Prepaid expenses, inventory and other assets | ($209k) | ($7.1m) | ($12.0m) | $6.9m | ($19.5m) | $5.6m | — | |
| Accounts payable, accrued liabilities and other current liabilities | $3.8m | $24.5m | $34.1m | $8.5m | $4.7m | $5.0m | $13.4m | |
| Net Cash Provided by (Used in) Operating Activities | ($772k) |
$147.0m
+19143.39%
|
$504.0m
+242.83%
|
$756.4m
+50.07%
|
$690.4m
-8.73%
|
$511.6m
-25.90%
|
$408.7m
-20.10%
|
|
| Cash flows from investing activities: | ||||||||
| Acquisitions of crude oil and natural gas properties | ($10.9m) | ($54.0m) | ($262.4m) | ($15.1m) | ($14.8m) | ($6.7m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($51.4m) | ($250.4m) | ($1.2b) | ($1.1b) | ($620.8m) | ($515.3m) | ($473.1m) | |
| Cash flows from financing activities: | ||||||||
| Gain (Loss) on Extinguishment of Debt | — | $0 | $0 | ($27.3m) | $0 | ($25.4m) | — | |
| Loss on extinguishment of debt | — | $0 | $0 | $27.3m | $0 | $25.4m | — | |
| Borrowings under Senior Credit Facility Agreement | — | $120.0m | $925.0m | $255.0m | $0 | $30.0m | — | |
| Premium on extinguishment of debt | — | $0 | $0 | ($4.5m) | $0 | ($4.8m) | — | |
| Proceeds from Issuance of Long-term Debt | — | $120.0m | — | — | — | — | $30.0m | |
| Debt issuance costs | — | ($2.2m) | ($17.1m) | ($28.4m) | ($58k) | ($7.9m) | — | |
| Issuance Of Debt | — | — | $1.4b | $1.4b | $0 | $210.0m | $30.0m | |
| Long Term Debt Issuance | — | — | $1.4b | $1.4b | $0 | $210.0m | $30.0m | |
| Net Issuance Payments Of Debt | — | — | $610.2m | $425.0m | ($120.0m) | $120.0m | $150.0m | |
| Net Long Term Debt Issuance | — | — | $610.2m | $425.0m | ($120.0m) | $120.0m | $150.0m | |
| Long Term Debt Payments | — | — | ($755.0m) | ($1.0b) | ($120.0m) | ($90.0m) | ($60.0m) | |
| Repayment Of Debt | — | — | ($755.0m) | ($1.0b) | ($120.0m) | ($90.0m) | ($60.0m) | |
| Issuance Of Capital Stock | — | — | $85.0m | $155.8m | $0 | $0 | $0 | |
| Repurchase Of Capital Stock | — | — | $0 | $0 | ($35.2m) | $0 | ($20.6m) | |
| Proceeds from Issuance of Common Stock | — | $25.3m | $0 | $155.8m | $0 | $0 | $0 | |
| Common Stock Issuance | — | $0 | $85.0m | $155.8m | $0 | $0 | $0 | |
| Payments for Repurchase of Common Stock | — | — | — | — | $35.2m | $0 | — | |
| Common Stock Payments | — | — | $0 | $0 | ($35.2m) | $0 | ($20.6m) | |
| Common Stock Dividend Paid | — | — | ($11.6m) | ($13.1m) | ($22.2m) | ($23.0m) | ($17.5m) | |
| Dividends paid | — | $12 | $10 | $12 | $20 | $21 | ($17.5m) | |
| Dividend equivalents paid | — | ($1.0m) | ($1.2m) | ($1.3m) | ($2.1m) | ($2.1m) | — | |
| Cash Dividends Paid | — | — | ($11.6m) | ($13.1m) | ($22.2m) | ($23.0m) | ($17.5m) | |
| Net Other Financing Charges | — | — | ($17.5m) | ($38.3m) | ($58k) | ($17.8m) | ($17.8m) | |
| Net cash provided (used in) by financing activities | $74.0m |
$118.7m
+60.32%
|
$674.0m
+467.97%
|
$533.6m
-20.84%
|
($177.4m)
-133.25%
|
$79.2m
+144.62%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | $74.0m |
$118.7m
+60.32%
|
$674.0m
+467.97%
|
$533.6m
-20.84%
|
($177.4m)
-133.25%
|
$79.2m
+144.62%
|
$108.6m
+37.13%
|
|
| Net increase (decrease) in cash and cash equivalents | $21.8m | $15.3m | ($4.4m) | $164.0m | ($107.9m) | $75.4m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $21.8m | $15.3m | ($4.4m) | $164.0m | ($107.9m) | $75.4m | $95.8m | |
| Beginning Cash Position | — | — | $34.9m | $30.5m | $194.5m | $86.6m | $51.6m | |
| Cash and cash equivalents, beginning of period | $894k | $34.9m | $30.5m | $194.5m | $86.6m | $162.1m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $22.7m | — | — | — | — | — | $95.8m | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Income Tax Expense (Benefit) | — | $16.9m | $75.4m | $65.9m | $35.9m | $7.2m | — | |
| Operating Lease, Expense | $3.4m | $25.1m | $69.6m | $145.4m | $132.2m | $139.5m | — | |
| Additional Financial Items | ||||||||
| Accretion Expense, Including Asset Retirement Obligations | $72k | $167k | $370k | $522k | $966k | $1.1m | — | |
| Asset Retirement Obligation, Accretion Expense | $72k | $167k | $370k | $522k | $966k | $1.1m | — | |
| Investment Income, Interest | — | $1k | $266k | $2.9m | $8.7m | $3.8m | — | |
| Proceeds from Stock Options Exercised | — | $1.6m | $120k | $148k | $0 | $0 | — | |
| (Gain) loss on derivative instruments, net | — | $26.7m | $60.0m | ($27.6m) | $46.5m | ($44.9m) | — | |
| Cash received (paid) on settlement of derivative instruments | — | ($11.3m) | ($58.1m) | ($24.2m) | ($14.2m) | $14.1m | — | |
| Exploration and abandonment expense | $2.9m | $742k | $146k | $4.2m | $620k | $15.4m | — | |
| Additions to crude oil and natural gas properties | ($61.0m) | ($236.2m) | ($1.0b) | ($1.0b) | ($604.8m) | ($515.4m) | — | |
| Proceeds from sales of properties | — | $3.4m | $0 | $0 | $339k | $570k | — | |
| Repayments under Term Loan Credit | — | $0 | $0 | $1.2b | $0 | ($60.0m) | — | |
| Repayments under Senior Credit Facility Agreement | — | ($20.0m) | ($755.0m) | ($525.0m) | $0 | ($30.0m) | — | |
| Stock offering costs | — | ($2.5m) | ($339k) | ($5.4m) | $0 | ($155k) | — | |
| Proceeds from exercise of warrants | — | $5.5m | $7.8m | $4.0m | $1k | $1k | — | |
| Repurchased shares under buyback program | — | — | $0 | $0 | ($35.2m) | $0 | — | |
| Repayments of 10.000% Senior Notes and 10.625% Senior Notes | — | $0 | $0 | ($475.0m) | $0 | $0 | — | |
| Proceeds from exercises of stock options | — | $1.6m | $120k | $148k | $0 | $0 | — | |
| Additions to asset retirement obligations | $312k | $1.8m | $2.9m | $6.0m | $1.1m | $3.8m | — | |
| Cash Flow From Continuing Financing Activities | $74.0m | $118.7m | $674.0m | $533.6m | ($177.4m) | $79.2m | $108.6m | |
| Cash Flow From Continuing Investing Activities | — | — | ($1.2b) | ($1.1b) | ($620.8m) | ($515.3m) | ($473.1m) | |
| Change In Account Payable | — | — | $34.1m | $8.5m | $4.7m | $5.0m | $13.4m | |
| Change In Payable | — | — | $34.1m | $8.5m | $4.7m | $5.0m | $13.4m | |
| Change In Prepaid Assets | — | — | ($12.0m) | $6.9m | ($19.5m) | $5.6m | $9.5m | |
| Changes In Cash | — | — | ($4.4m) | $164.0m | ($107.9m) | $75.4m | $44.2m | |
| End Cash Position | — | — | $30.5m | $194.5m | $86.6m | $162.1m | $95.8m | |
| Financing Cash Flow | — | — | $674.0m |
$533.6m
-20.84%
|
($177.4m)
-133.25%
|
$79.2m
+144.62%
|
$108.6m
+37.13%
|
|
| Free Cash Flow | — | — | ($807.3m) | ($369.5m) | $69.2m | ($10.6m) | ($45.4m) | |
| Gain Loss On Investment Securities | — | — | $60.0m | ($27.6m) | $46.5m | ($44.9m) | $104.2m | |
| Investing Cash Flow | — | — | ($1.2b) | ($1.1b) | ($620.8m) | ($515.3m) | ($473.1m) | |
| Net Business Purchase And Sale | — | $0 | $0 | — | — | — | — | |
| Net PPE Purchase And Sale | — | — | ($1.2b) | ($1.1b) | ($620.8m) | ($515.3m) | ($473.1m) | |
| Operating Gains Losses | — | — | $60.0m | ($302k) | $46.5m | ($19.5m) | $129.6m | |
| Other Non Cash Items | — | — | ($44.2m) | $7.1m | $5.5m | $42.2m | — | |
| Proceeds From Stock Option Exercised | — | — | $7.9m | $4.2m | $1k | $1k | $1k | |
| Purchase Of Business | — | $0 | $0 | — | — | — | — | |
| Purchase Of PPE | — | — | ($1.3b) | ($1.1b) | ($621.2m) | ($522.2m) | ($454.2m) | |
| Sale Of PPE | — | — | $128.9m | $0 | $339k | $6.8m | ($18.9m) | |
| Stock Based Compensation | — | — | $33.4m | $26.0m | $12.7m | $619k | $1.3m | |
| Derivative, Gain (Loss) on Derivative, Net | — | ($26.7m) | ($60.0m) | $27.6m | ($46.5m) | $44.9m | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | ($26.7m) | ($60.0m) | $27.6m | ($46.5m) | $44.9m | — | |
| Supplemental disclosure of cash flow information: | ||||||||
| Change In Cash Supplemental As Reported | — | — | ($4.4m) | $164.0m | ($107.9m) | $75.4m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $1.8m | $24.3m | $133.1m | $152.0m | $135.5m | — | |
| Income Taxes Paid, Net | — | $0 | $0 | $0 | $0 | $498k | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.