HighPeak Energy Reports Q3 2025 Results Amid Management Changes

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2025.11.07 05:35
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HighPeak Energy Inc reported a Q3 2025 net loss of $18.3 million amid management changes, including the appointment of Michael Hollis as CEO. The company achieved an EBITDAX of $139.9 million and adjusted net income of $3.8 million, while reducing capital expenditures by over 30%. HighPeak extended debt maturities to 2028, enhancing liquidity by over $170 million. A quarterly dividend of $0.04 per share was declared, reflecting a commitment to shareholder value despite challenges. Management is focused on addressing high debt levels and establishing a long-term plan for consistent results.