HPK (HighPeak Energy) Interest Expense : $-166 Mil (TTM As of Sep. 2024)

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What is HighPeak Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HighPeak Energy's interest expense for the three months ended in Sep. 2024 was $ -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-166 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. HighPeak Energy's Operating Income for the three months ended in Sep. 2024 was $ 74 Mil. HighPeak Energy's Interest Expense for the three months ended in Sep. 2024 was $ -40 Mil. HighPeak Energy's Interest Coverage for the quarter that ended in Sep. 2024 was 1.82. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

HighPeak Energy Interest Expense Historical Data

The historical data trend for HighPeak Energy's Interest Expense 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.

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HighPeak Energy Interest Expense Chart

HighPeak Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-2.48

-44.98

-136.49

HighPeak Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-33.37	-42.56	-41.58	-40.93	-40.50

HighPeak Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-166 Mil.

HighPeak Energy (NAS:HPK) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

HighPeak Energy's Interest Expense for the three months ended in Sep. 2024 was $-40 Mil. Its Operating Income for the three months ended in Sep. 2024 was $74 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $954 Mil.

HighPeak Energy's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	73.625	/	-40.499
	=	1.82

The higher the ratio, the stronger the company's financial strength is.

HighPeak Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HighPeak Energy Inc (NAS:HPK) » Definitions » Interest Expense

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Traded in Other Exchanges

58R:Germany

Address

421 West 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 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