GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HighPeak Energy Inc (NAS:HPK) » Definitions » Pretax Margin %

HighPeak Energy (HighPeak Energy) Pretax Margin % : 40.73% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is HighPeak Energy Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HighPeak Energy's Pre-Tax Income for the three months ended in Dec. 2023 was $123 Mil. HighPeak Energy's Revenue for the three months ended in Dec. 2023 was $301 Mil. Therefore, HighPeak Energy's pretax margin for the quarter that ended in Dec. 2023 was 40.73%.

The historical rank and industry rank for HighPeak Energy's Pretax Margin % or its related term are showing as below:

HPK' s Pretax Margin % Range Over the Past 10 Years
Min: -142.69   Med: 29.14   Max: 41.32
Current: 25.36


HPK's Pretax Margin % is ranked better than
77.2% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs HPK: 25.36

HighPeak Energy Pretax Margin % Historical Data

The historical data trend for HighPeak Energy's Pretax Margin % 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 Pretax Margin % Chart

HighPeak Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-142.69 - 32.92 41.32 25.36

HighPeak Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.08 28.94 17.22 15.30 40.73

Competitive Comparison of HighPeak Energy's Pretax Margin %

For the Oil & Gas E&P subindustry, HighPeak Energy's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HighPeak Energy's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where HighPeak Energy's Pretax Margin % falls into.



HighPeak Energy Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

HighPeak Energy's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=281.771/1111.293
=25.36 %

HighPeak Energy's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=122.658/301.153
=40.73 %

* 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.


HighPeak Energy  (NAS:HPK) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


HighPeak Energy Pretax Margin % Related Terms

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


HighPeak Energy (HighPeak Energy) Business Description

Traded in Other Exchanges
Address
421 W. 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102
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

HighPeak Energy (HighPeak Energy) Headlines

From GuruFocus