<span item_type="fundamental" item_id="e714f613decd9352b8dd97100203f741" counter_id="ST/US/HPKEW" env="prod"></span><span item_type="announcement" item_id="515379032104705793" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 257.45 M.</p><p>EPS: As of FY2025 Q1, the actual value is USD 0.26.</p><p>EBIT: As of FY2025 Q1, the actual value is USD 46.27 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Crude Oil Sales</strong>: $246.4 million for the three months ended March 31, 2025, compared to $282.4 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1792849/000143774925016122/hpe20250331_10q.htm"></span></li><li><strong>NGL and Natural Gas Sales</strong>: $11.0 million for the three months ended March 31, 2025, compared to $5.4 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1792849/000143774925016122/hpe20250331_10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: $36.3 million for the three months ended March 31, 2025, compared to $6.4 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1792849/000143774925016122/hpe20250331_10q.htm"></span></li><li><strong>Operating Costs</strong>: $167.1 million for the three months ended March 31, 2025, compared to $184.7 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1792849/000143774925016122/hpe20250331_10q.htm"></span></li><li><strong>Depletion, Depreciation, and Amortization (DD&amp;A)</strong>: $109.3 million for the three months ended March 31, 2025, compared to $130.9 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1792849/000143774925016122/hpe20250331_10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Provided by Operating Activities</strong>: $157.1 million for the three months ended March 31, 2025, compared to $171.4 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1792849/000143774925016122/hpe20250331_10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Average Daily Sales Volumes</strong>: 53,128 Boepd for the three months ended March 31, 2025, compared to 49,729 Boepd for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1792849/000143774925016122/hpe20250331_10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: HighPeak Energy plans to maintain flexibility in its capital plan, averaging one to two drilling rigs and approximately one frac crew during the remainder of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1792849/000143774925016122/hpe20250331_10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company is exploring strategic alternatives, including a potential sale, but has not set a timetable for the conclusion of this review.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1792849/000143774925016122/hpe20250331_10q.htm"></span></li></ul>

HIGHPEAK ENERGY INC C/WTS 21/08/2025(TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 257.45 M