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HighPeak Energy, Inc. HPK Advances From Joint Interest Owners For Costs Incurred On Joint Interest Wells

Advances From Joint Interest Owners For Costs Incurred On Joint Interest Wells at other companies

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Other financials

Income statement

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Revenue$215.9M-16.1%
Net income-$127.4M-451%

Balance sheet

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Cash & equivalents$95.8M+85.6%
Total debt$1.2B+16.0%
Total equity$1.5B-10.1%
Total assets$3.1B+1.1%

Cash flow

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Operating cash flow$54.2M-65.5%

Valuation

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Market cap$856.71M-39.1%
Enterprise value$1.95B-18.4%
P/S-0.3×

Profitability

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Net margin6%-9.9pp

Returns & leverage

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Return on equity3.3%-8.5pp
Debt / equity0.8×+0.2×
Current ratio0.7×+0.2×

Where this comes from

Reported directly by HighPeak Energy, Inc. in its filing.

Tagged under the XBRL concept hpk:AdvancesFromJointInterestOwnersForCostsIncurredOnJointInterestWells.

The official record: HighPeak Energy, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HighPeak Energy, Inc.'s advances from joint interest owners for costs incurred on joint interest wells?
HighPeak Energy, Inc. (HPK) reported advances from joint interest owners for costs incurred on joint interest wells of $357K in Q1 2026.
What is the long-term trend for HighPeak Energy, Inc.'s advances from joint interest owners for costs incurred on joint interest wells?
Over 5 years (2020 to 2025), HighPeak Energy, Inc.'s advances from joint interest owners for costs incurred on joint interest wells has grown at a 17.9% compound annual growth rate (CAGR), from $969K to $2.21M.
What does advances from joint interest owners for costs incurred on joint interest wells mean?
This represents cash received from joint venture partners to cover their share of upcoming or incurred costs for shared drilling projects. It acts as a source of working capital that reduces the company's net cash burden for joint operations. This metric highlights the company's ability to share financial risk and capital requirements with industry partners.