HIGHPEAK ENERGY INC C/WTS 21/08/2025(TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 257.45 M

Revenue: As of FY2025 Q1, the actual value is USD 257.45 M.

EPS: As of FY2025 Q1, the actual value is USD 0.26.

EBIT: As of FY2025 Q1, the actual value is USD 46.27 M.

Segment Revenue

• Crude Oil Sales: $246.4 million for the three months ended March 31, 2025, compared to $282.4 million for the same period in 2024.
• NGL and Natural Gas Sales: $11.0 million for the three months ended March 31, 2025, compared to $5.4 million for the same period in 2024.

Operational Metrics

• Net Income: $36.3 million for the three months ended March 31, 2025, compared to $6.4 million for the same period in 2024.
• Operating Costs: $167.1 million for the three months ended March 31, 2025, compared to $184.7 million for the same period in 2024.
• Depletion, Depreciation, and Amortization (DD&A): $109.3 million for the three months ended March 31, 2025, compared to $130.9 million for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $157.1 million for the three months ended March 31, 2025, compared to $171.4 million for the same period in 2024.

Unique Metrics

• Average Daily Sales Volumes: 53,128 Boepd for the three months ended March 31, 2025, compared to 49,729 Boepd for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: HighPeak Energy plans to maintain flexibility in its capital plan, averaging one to two drilling rigs and approximately one frac crew during the remainder of 2025.
• Non-Core Business: The company is exploring strategic alternatives, including a potential sale, but has not set a timetable for the conclusion of this review.