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How to Buy Highpeak Energy Stock

Highpeak Energy Inc

HighPeak Energy, Inc. , an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids reserves in the Midland Basin in West Texas.

Highpeak Energy stock last closed at $27.57, up 0.33% from the previous day, and has increased 57.81% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.23 percentage points. Highpeak Energy stock is currently +59.92% from its 52-week low of $17.24, and -27.85% from its 52-week high of $38.21.

There are currently 113.16M shares of HPK outstanding. The market cap of HPK is $3.12B. In the last 24 hours, 115,560 HPK shares were traded.

How to Buy Highpeak Energy Stock

Wondering how to invest in Highpeak Energy stock? Here's how.
  1. Choose where to buy Highpeak Energy stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Highpeak Energy stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Pick your method of payment and add your information.
  4. Analyze Highpeak Energy stock: The Highpeak Energy ticker symbol is HPK. Is Highpeak Energy stock a good investment? Should you buy shares of HPK? How do HPK's underlying business fundamentals look? Do top analysts think Highpeak Energy is a good buy? Why has HPK's stock price moved recently? (Hint: Our stock market research website can help you understand if HPK is a good stock to buy).
  5. Make your HPK buy order: Decide if you will purchase HPK shares at the current market price or use a limit order to buy HPK stock at a specific price.
  6. Track your HPK position: Create a watchlist to important notifications about your new investment in Highpeak Energy shares.

Step 1: Choose where to buy Highpeak Energy stock

You will need an online brokerage account in order to access the NASDAQ market and buy HPK stock.

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the best brokerage, you'll need to fill out some personal information so you can buy HPK today.

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  1. Click here to get started.
  2. Provide your personal data to create a new brokerage account.
  1. Submit your info by clicking the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you've finished signing up on a investment app, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help depositing funds into your investment account.

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Step 4: Analyze Highpeak Energy stock

After you have chosen the best place to buy Highpeak Energy stock, it's critical to evaluate their stock before you invest, so you actually comprehend the risk and upside.

Overview of key HPK info

HPK Price
$27.57
1w %
-5.84%
1y %
57.81%
5y %
N/A
P/E
15.4x
P/B
2.83x
P/S
5.02x
PEG
0.17x
Revenue
$596.44M
Earnings
$205.98M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$3.12B
Next Earnings
Mar 6, 2023
Next Dividend
N/A

Highpeak Energy Due Diligence Checks

WallStreetZen was built to help part-time investors perform more accurate fundamental analysis.

You can view all of the due diligence checks on HPK's stock page.

Is HPK stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge HPK's true value.

Using relative valuations ratios:

  • HPK could be overvalued based on its P/E ratio of 15.4x, relative to Oil & Gas E&P industry P/E ratio of 7.43x
  • HPK may be overvalued based on its P/B ratio of 2.83x, relative to Oil & Gas E&P industry P/B ratio of 2.26x
  • HPK could be undervalued based on its PEG ratio of 0.17x

You can access more valuation analysis on HPK's stock here.

HPK Financial Overview

Passed Health Checks:

  • HPK profit margin has gone up from 10.2% to 34.5% in the past year.

Failed Health Checks:

  • HPK has cash burn of 542539000. It does not have enough cash and short-term investments to cover this.
  • There are more long-term liabilities than short-term assets on the HPK balance sheet.
  • HPK has a relatively high debt to equity ratio of 0.86.
  • HPK has $34.35M in cash and short term investments. This is not sufficient to cover its annual cash burn of $542.54M.
  • There are more short-term liabilities than short-term assets on the HPK balance sheet.

Is HPK stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Equities analysts who research HPK, the consensus analyst rating on HPK is a Strong Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Highpeak Energy stock forecast page.

Metrics for Advanced HPK Traders

SMA10
28.31
SMA20
26.47
SMA50
23.79
SMA100
23.38
SMA200
25.12
MACD
1.38
MACD Signal
1.43
MACD Histogram
-0.06
RSI
61.44
Stochastic %K
60.19
Stochastic %D
63.25
StochRSI %K
8.21
StochRSI %D
15.46

HPK Revenue

Last year, HPK earnings were $205.98M. Over the last 4 year, HPK's earnings have grown by 124.87% per year. This was faster than the Oil & Gas E&P industry average of 112.45%.

Last year, HPK revenue was $596.44M. In the last two year, HPK's revenue has increased by 657.26% per year. This was faster than the Oil & Gas E&P industry average of 27.41%.

Dig into HPK's earnings and revenue performance here.

Latest Insiders Trades at HPK

Over the past 12 months, insiders at HPK have bought more shares than they have sold.

Jack Hightower, Chief Executive Officer of HPK, was the latest HPK insider to buy. They bought $2,893,858.00 worth of HPK stock on Jan 4, 2023.

Get more info about who owns HPK shares here.

Can I get consistent income from HPK stock?

No, Highpeak Energy doesn't provide an income stream by paying out dividends.

What others are saying about HPK

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your HPK buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.

Press the Open button and eToro will execute your order.

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Step 6: Track your HPK position

Now that you own some HPK stock, you'll want to stay up-to-date on your shares.

Put HPK on a watchlist to keep tabs on your HPK stock.

HPK Feed

How to Buy Stock in Highpeak Energy

To summarize, here are the 6 steps for buying Highpeak Energy stock:

  1. Choose where to buy Highpeak Energy stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Analyze Highpeak Energy stock
  5. Make your HPK buy order
  6. Track your HPK position

If you need a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today

If you want to keep tabs on your investment in Highpeak Energy, add HPK to your watchlist by clicking the button below.

NASDAQ: HPK
$27.57+0.09 (+0.33%)
Updated Feb 3, 2023
Open eToro Account
NASDAQ: HPK
$27.57+0.09 (+0.33%)
Updated Feb 3, 2023
Open eToro Account

FAQ

How much does it cost to buy one Highpeak Energy share?

As of Feb 3, 2023, it costs $27.57 to buy one share of Highpeak Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.363 shares of HPK.

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Is now a good time to buy Highpeak Energy stock?

According to 2 Wall Street analysts who monitor Highpeak Energy, their consensus recommendation is to buy Highpeak Energy stock.

What is the best way to buy Highpeak Energy stock?

One way to place an order for Highpeak Energy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.