HighPeak Energy (HighPeak Energy) Debt-to-Equity : 0.74 (As of Dec. 2023)

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What is HighPeak Energy Debt-to-Equity?

HighPeak Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $121 Mil. HighPeak Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,030 Mil. HighPeak Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,553 Mil. HighPeak Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.74.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for HighPeak Energy's Debt-to-Equity or its related term are showing as below:

HPK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.6 Max: 0.74
Current: 0.74

During the past 5 years, the highest Debt-to-Equity Ratio of HighPeak Energy was 0.74. The lowest was 0.18. And the median was 0.60.

HPK's Debt-to-Equity is ranked worse than
66.43% of 831 companies
in the Oil & Gas industry
Industry Median: 0.44 vs HPK: 0.74

HighPeak Energy Debt-to-Equity Historical Data

The historical data trend for HighPeak Energy's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HighPeak Energy Debt-to-Equity Chart

HighPeak Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.18

0.60

0.74

HighPeak Energy Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.60	0.71	0.78	0.79	0.74

Competitive Comparison of HighPeak Energy's Debt-to-Equity

For the Oil & Gas E&P subindustry, HighPeak Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HighPeak Energy's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HighPeak Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HighPeak Energy's Debt-to-Equity falls into.

HighPeak Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HighPeak Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(120.528	+	1030.299)	/	1552.721
	=	0.74

HighPeak Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(120.528	+	1030.299)	/	1552.721
	=	0.74

HighPeak Energy (NAS:HPK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

HighPeak Energy Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of HighPeak Energy's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

HighPeak Energy (HighPeak Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HighPeak Energy Inc (NAS:HPK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

58R:Germany

Address

421 W. 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102

Website

https://www.highpeakenergy.com

HighPeak Energy Inc is an independent oil and natural gas company focused on the development of unconventional oil and natural gas reserves in primarily Howard County of the Midland Basin. The company operates in a single segment, which is oil and natural gas development, exploration, and production.

Executives

Jack Hightower	director, 10 percent owner, officer: Chief Executive Officer	1700 PACIFIC, SUYITE 3300, DALLAS TX 75201
Jay M. Chernosky	director	602 FALL RIVER ROAD, HOUSTON TX 77024
Michael L. Hollis	director, officer: President	500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
John Paul Dejoria	10 percent owner	2934 OESTRICK LANE, AUSTIN TX 78733
Steven W Tholen	officer: Chief Financial Officer	1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Rodney L Woodard	officer: Chief Operating Officer	C/O PURE RESOURCES, 500 W. ILLINOIS, MIDLAND TX 79701
Larry Oldham	director	1004 N BIG SPRING, C/O PARALLEL PETROLEUM, MIDLAND TX 79701
Keith E Forbes	officer: Vice President and Controller	421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Jason A. Edgeworth	director	421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76101
Michael H. Gustin	director	208 HEWITT DRIVE, #103-113, WOODWAY TX 76712
Keith Covington	director	500 WEST ILLINOIS, MIDLAND TX 79701
Highpeak Energy Partners, Lp	other: .	421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Highpeak Energy Partners Ii, Lp	other: .	421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Highpeak Pure Acquisition, Llc	other: .	421 W 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Sharon F. Fulgham	director	4354 W. VICKERY BOULEVARD, FORT WORTH TX 76107