$HPK

Crescent Energy, Northern Oil and Gas, HighPeak Energy, Occidental Petroleum, and Matador Resources rose after crude oil jumped more than 6% on renewed Middle East fighting and a larger-than-expected U.S. crude stockpile draw. The API estimated inventories fell 3.3 million barrels for the week ending July 24. Brent rose above $90 and WTI above $84.

After the U.S. launched strikes on Iranian targets and Trump said the U.S. will charge a 20% fee on cargo transiting the Strait of Hormuz, several energy-related stocks rose. The strait carries about 20% of global crude and LNG. HighPeak Energy (HPK) rose 4.4%, Green Plains (GPRE) 4.1%, and Gevo (GEVO) 4.5%.

Stocks including HighPeak Energy (HPK), DHT Holdings (DHT), and Kosmos Energy (KOS) fell after WTI crude dropped 2.2% to about $71.88 and Brent slipped below $77. The pullback followed U.S. confirmation of secondary Iran strikes and Trump saying the ceasefire is over, but tanker tracking suggested Strait of Hormuz traffic continued.

After President Trump said an Iran ceasefire was over and threatened new strikes, WTI rose, lifting U.S. shale stocks. HighPeak Energy (HPK) gained 10.9% and Chord Energy (CHRD) rose 4.4%. The article links higher WTI to wider margins and faster cash returns, noting the move could reverse if de-escalation or OPEC+ adds supply.

HighPeak Energy, Inc. (HPK) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.2 3 ex_982353.htm EXHIBIT 10.2 ex_982353.htm Exhibit 10.2 THIRD AMENDMENT TO CREDIT AGREEMENT This THIRD AMENDMENT TO CREDIT AGREEMENT (this “ Amendment ”), dated as of June 25, 2026 to be effective as of the Third Amendment Effective Date (as defined in the Credit Agreemen

Oil prices fell after tankers resumed transit through the Strait of Hormuz and the U.S. and Iran signaled progress toward ending the conflict, with WTI down about 4% to near $70 and Brent about 4% to near $74. The S&P 500 energy index fell ~2.45%. Weatherford (WFRD) dropped 4.5% and HighPeak Energy (HPK) fell 2.9%.

Energy stocks fell in afternoon trading as WTI crude dropped 1.76% to $91.40, still over 40% above a year ago. The U.S. president said US-Iran talks are “progressing well,” easing Strait of Hormuz disruption risk. A stronger jobs report raised rate expectations. Peabody Energy (BTU) and HighPeak Energy (HPK) each fell 7.6%.

HighPeak Energy (NASDAQ:HPK) shares fell 5.9% Tuesday to about $7.39, after closing at $7.85. The stock traded as low as $7.35 on volume of ~192,725 shares, down 80% from average. Zacks downgraded HPK to “strong sell,” while MarketBeat shows an average “Hold” rating and $12 target. In its May 6 quarter, EPS was -$0.02 (consensus -$0.02) on revenue of $215.89M.

This article provides a company overview of HighPeak Energy, an energy company listed in the U.S. with operations in the Permian Basin. It discusses HighPeak Energy's core business model in upstream energy, its dependence on production volumes and commodity prices, and its relevance to U.S. investors as a pure-play in domestic upstream activity. The article highlights that due to the absence of recent news, the focus is on the company's structure and sector exposure rather than short-term stock performance.

HighPeak Energy reported strong Q1 2026 results, with EPS of -$0.02 surpassing the -$0.04 forecast and revenue of $215.88 million exceeding the $207.51 million forecast. Despite the earnings beat, the stock declined significantly, trading closer to its 52-week low, which the company attributes to broader market trends rather than fundamentals. The company maintains a conservative outlook, focusing on operational efficiency, debt reduction, and maximizing free cash flow while managing commodity price volatility and water encroachment issues.