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HighPeak Energy, Inc. HPK Business Segments — Workover Expense
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Where this comes from
Reported directly by HighPeak Energy, Inc. in its filing.
Tagged under the XBRL concept hpk:WorkoverExpense.
The source filing: HighPeak Energy, Inc.’s 10-Q, filed August 10, 2026.
- Filed
- Aug 10, 2026, 4:18 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001437749-26-026781
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Lease operating expenses | 26,498 | 29,014 | 53,307 | 60,613 |
| Gathering, processing and transportation expense | 17,234 | 16,072 | 34,967 | 30,935 |
| Production and ad valorem taxes | 13,254 | 12,391 | 25,154 | 27,543 |
| Expensed workover costs | 6,143 | 4,712 | 8,858 | 8,675 |
| Total significant expenses | 63,129 | 62,189 | 122,286 | 127,766 |
| Depletion, depreciation and amortization | 113,429 | 101,226 | 226,443 | 210,551 |
| General and administrative expenses, including stock-based comp | 7,872 | 5,759 | 14,482 | 12,281 |
| Interest expense, net (1) | 34,946 | 36,051 | 69,035 | 72,229 |
ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
FAQ
- What is HighPeak Energy, Inc.'s business segments — workover expense?
- HighPeak Energy, Inc. (HPK) reported business segments — workover expense of $6.14M in Q2 2026.
- What does business segments — workover expense mean?
- This metric tracks the costs associated with remedial operations on existing wells to restore, maintain, or improve production levels. It is a key indicator of the health and longevity of the company's existing asset base. Frequent or rising workover expenses may signal declining well performance or the need for significant capital reinvestment.
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