May. 6 at 7:57 PM
HighPeak Energy (HPK): WTR Updates Estimates on Lower Oil Price Outlook
🔹 Revised FY25/FY26 NYMEX assumptions to
$64.70/bbl and
$70/bbl, respectively
🔹 FY24 adjusted EBITDA of
$843M on 50.0 Mboe/d production;
$91M in free cash flow
🔹 FY25 capex plan reduced ~20% y/y to
$415–
$455M; production guidance 47.0–50.5 Mboe/d
🔹 Management exploring refinancing options for 2026 term loan; 1% rate cut could save ~
$10M annually
🔹 FY25 adj. EBITDA now estimated at
$681M; FCF at
$79M
HighPeak is scheduled to report 1Q25 operating and financial results after the market close on Monday, May 12, 2025.
https://www.watertowerresearch.com/doc?docID=UR_HPK_05052025
$HPK