Equities researchers at Seaport Global Securities began coverage on shares of HighPeak Energy (NASDAQ:HPK) in a report issued on Thursday, The Fly reports. The firm set a “buy” rating on the stock.
Shares of HighPeak Energy stock opened at $11.11 on Thursday. The business has a 50-day simple moving average of $10.09. HighPeak Energy has a 1 year low of $4.20 and a 1 year high of $21.82.
HighPeak Energy (NASDAQ:HPK) last announced its quarterly earnings data on Monday, May 17th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $25.72 million during the quarter.
About HighPeak Energy
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. As of December 31, 2020, the company had approximately 22,515 MBoe of proved reserves.
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