BUZZ-HighPeak Energy gains as Q4 profit beats estimates

Reuters

2025/03/11

** Shares of independent crude oil and natural gas company HighPeak Energy HPK.O rise ~2% in extended trading

** Company posts Q4 adjusted profit of 19 cents per share vs est of 12 cents per share - data compiled by LSEG

** Company posts Q4 adjusted net income of $28.2 million vs est of $16.83 million - data compiled by LSEG

** HPK's Q4 total average daily sales volumes increased to 50,216 barrel of oil equivalent (boe) compared with 49,952 boe a year ago

** Up till last close, stock down 19.6% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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