Chief Executives Buy At HighPeak Energy And MRC Global [Forbes]
HighPeak Energy, Inc. (HPK)
Company Research
Source: Forbes
Getty Images Jack Hightower is a well-known guy in the oil business. His company, HighPeak Energy Inc. (HPK), based in Fort Worth, Texas, is barely known by investors. In late August and early September, Hightower spent more than $2.8 million to increase his stake in HighPeak, a company he founded. That brings the value of his total holding to about $66 million (as of Sept. 6), or close to 4% of the company's market value. Investors might want to pay attention to Hightower's purchase, because he has a history of profitably selling companies he founded. Hightower founded Titan Exploration in 1995; it later became Pure Resources Inc. In 2002 he sold Pure to Unocal. He co-founded Celero Energy Co. in 2004 and sold it to Whiting Petroleum in 2005 for more than $800 million. Would Hightower be willing to sell HighPeak at the right price? I don't see why not. I imagine such a step would be several years away. Hightower, in my opinion, would be crazy to try to sell the company n
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HPK
News
- 3 Undervalued Small Caps With Insider Buying Across Global Markets [Yahoo! Finance]Yahoo! Finance
- HighPeak Energy, Inc. (NASDAQ: HPK) had its price target raised by analysts at Truist Financial Co. from $12.00 to $14.00. They now have a "hold" rating on the stock.MarketBeat
- HighPeak Energy Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- HighPeak Energy Inc (HPK) Q3 2024 Earnings Call Highlights: Surpassing Production Expectations ... [Yahoo! Finance]Yahoo! Finance
- HighPeak Energy, Inc. (HPK) Q3 Earnings and Revenues Surpass Estimates [Yahoo! Finance]Yahoo! Finance
HPK
Earnings
- 11/4/24 - Beat
HPK
Sec Filings
- 11/12/24 - Form 4
- 11/4/24 - Form 10-Q
- 11/4/24 - Form 8-K
- HPK's page on the SEC website