HighPeak Energy Appoints Michael L. Hollis as CEO
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HighPeak Energy has appointed Michael L. Hollis as CEO, effective November 4, 2025, after serving in an interim role since September. The company also announced other executive appointments, indicating a leadership restructuring. HighPeak reported a net loss of $18.3 million in Q3 2025, despite stable sales volumes, and has cut capital expenditures by over 30% to enhance financial stability. Analysts rate HPK stock as a Hold with a $7.00 price target, reflecting mixed sentiments due to financial challenges and declining revenue growth.
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