HPK Q2 2024 Earnings — HighPeak Energy, Inc. Revenue & Financial Results | Market Cap Arena

HPKHighPeak Energy, Inc.

$678M

Q2 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$275M+14.3% YoY

Gross Profit

$98M35.7% margin

Operating Income

$87M31.7% margin

Net Income

$30M10.8% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$202M

Free Cash Flow

$28M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.5B

Stockholders' Equity

$1.6B

Cash & Equivalents

$158M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$275M	$241M	+14.3%
Gross Profit	$98M	$100M	-1.4%
Operating Income	$87M	$85M	+2.7%
Net Income	$30M	$32M	-6.6%

Revenue Segments

Crude Oil Sales

$275M100%

Natural Gas and NGL Sales

$676,0000%