HighPeak Energy Q4 net loss USD 25.21 million as EBITDAX falls 37% to USD 113.86 million

Reuters03-12 04:03
HighPeak Energy Q4 net loss USD 25.21 million as EBITDAX falls 37% to USD 113.86 million

HighPeak Energy reported a Q4 net loss of USD 25.21 million, compared with net income of USD 18.96 million for FY 2025. Q4 EBITDAX fell 37% to USD 113.86 million, while FY EBITDAX fell 28% to USD 607.06 million. FY operating revenues declined 23% to USD 863.36 million, reflecting lower crude oil sales and lower NGL and natural gas sales. HighPeak’s 2026 guidance calls for average production of 41,000-44,000 Boe/d and total capital expenditures of USD 255-285 million. CEO Michael Hollis said the company plans to prioritize free cash flow and debt reduction in 2026, including suspending the dividend to increase annual liquidity by an estimated USD 20-25 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Highpeak Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603111602PRIMZONEFULLFEED9670241) on March 11, 2026, and is solely responsible for the information contained therein.

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