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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 $15.20, down 0.39% from the previous day, and has decreased 28.5% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.47 percentage points. Highpeak Energy stock is currently +45.59% from its 52-week low of $10.44, and -24.75% from its 52-week high of $20.20.

There are currently 128.42M shares of HPK outstanding. The market cap of HPK is $1.95B. In the last 24 hours, 262,788 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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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
$15.20
1w %
2.43%
1y %
-28.5%
5y %
50.5%
P/E
9.27x
P/B
1.26x
P/S
1.61x
PEG
0.18x
Revenue
$1.11B
Earnings
$215.87M
Fore. Rev. Growth
-2.59%
Fore. Earn. Growth
N/A
Market Cap
$1.95B
Next Earnings
May 8, 2024
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 undervalued based on its P/E ratio of 9.27x, relative to Oil & Gas E&P industry P/E ratio of 15.16x
  • HPK may be undervalued based on its P/B ratio of 1.26x, relative to Oil & Gas E&P industry P/B ratio of 2.15x
  • HPK could be undervalued based on its PEG ratio of 0.18x

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

HPK Financial Overview

Passed Health Checks:

  • Total HPK debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the HPK balance sheet.

Failed Health Checks:

  • HPK has a relatively high debt to equity ratio of 0.98.
  • There are more long-term liabilities than short-term assets on the HPK balance sheet.
  • HPK has $194.52M in cash and short term investments. This is not sufficient to cover its annual cash burn of $369.55M.
  • HPK has cash burn of 369546000. It does not have enough cash and short-term investments to cover this.
  • HPK profit margin has gone down from 31.3% to 19.4% in the past year.

Is Highpeak Energy stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 sell side analysts who monitor HPK, the consensus analyst rating on Highpeak Energy is a Strong Sell

It's important to note that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Highpeak Energy stock forecast page.

Metrics for Advanced HPK Traders

SMA10
15.19
SMA20
15.51
SMA50
15.67
SMA100
14.86
SMA200
15.19
MACD
-0.12
MACD Signal
-0.08
MACD Histogram
-0.04
RSI
46.68
Stochastic %K
25.14
Stochastic %D
27.44
StochRSI %K
43.26
StochRSI %D
45.1

HPK Earnings

Last year, HPK earnings were $215.87M. During the past 5 year, HPK's earnings have grown by 71.67% per year. This was faster than the Oil & Gas E&P industry average of 12.87%.

Last year, HPK revenue was $1.11B. Over the last three year, HPK's revenue has grown by 405.67% per year. This was faster than the Oil & Gas E&P industry average of 19.2%.

Learn more about HPK's earnings and revenue performance here.

Who is buying/selling HPK?

In 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 $734,350.00 worth of HPK stock on Dec 29, 2023.

Learn more about who owns HPK shares here.

Does HPK provide a stable income stream?

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

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Step 5: Make your HPK buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price, place a limit order.

Press the Open button and your broker will execute the order.

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Step 6: Track your HPK position

Now that you own some shares in HPK, you'll want to keep up with your shares.

Create a watchlist to track the most important metrics related to your HPK stock.

HPK Feed

How to Buy Stock in Highpeak Energy

To reiterate, here are the 6 steps you need to take to buy Highpeak Energy stock right now:

  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 require a online brokerage, eToro is our favorite option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Highpeak Energy, click below.

NASDAQ: HPK
$15.20-0.06 (-0.39%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: HPK
$15.20-0.06 (-0.39%)
Updated Apr 24, 2024
Open eToro Account

FAQ

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

As of Apr 24, 2024, it costs $15.20 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 $7, you can buy 0.461 shares of HPK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Highpeak Energy stock?

According to 1 Wall Street analysts who monitor Highpeak Energy, their consensus recommendation is to sell 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.