UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39464 HighPeak Energy, Inc. (Exact name of Registrant as specified in its charter) Delaware 84-3533602 (State or other jurisdiction of incorpor ...

John White – ROTH MKM Capital Jeff Robertson – Water Tower Research Nicholas Pope – Seaport Research Good morning, everyone, and welcome to the HighPeak EnergyÂ's third quarter 2023 earnings call. Representing HighPeak today, our Chairman and CEO, Jack Hightower; President, Michael Hollis; Vice President of Business Development, Ryan Hightower; and IÂ'm Steven Tholen, the Chief Financial Officer. During todayÂ's call, we will make reference to our November investor presentation and our third quarter earning ...

Disclaimer (Cont'd) Q3 2023 Key Highlights Note: Acreage map per Enverus and company data. (1) Net acreage, % oil & liquids, and wells in progress as of 9/30/23. (2) EBITDAX is a non-GAAP financial measure. See disclaimer for definition. (3) Free Cash Flow is a non-GAAP financial measure and defined as discretionary cash flow less capex excluding acquisitions. (1) LQA EBITDAX in $MM. HPK PRODUCING HPK OPERATED 2H'23 PRODUCING •Reserve engineering is a process of estimating the recovery of underground accumu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-3946 HighPeak Energy, Inc. (Exact name of Registrant as specified in its charter) Delaware 84-3533602 (State or othe ...

Our next question comes from the line of Nicholas Pope of Seaport Research. Sure, Nick. This is Steve. So with the equity raise, and net of a little over a $150 million, we use that to bring our accounts payable current and enhance our liquidity position a bit. As we are in a position now of generating free cash flow, our positive cash flow. We participate as we move forward. little bit about, well costs and maybe what kind of caused that drop despite the higher level of activity, if that makes sense. We ar ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (817) 850-9200 (Registrant's telephone number, including area code) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-3946 HighPeak Energy, Inc. (Exact name of Registrant ...

Company Participants Conference Call Participants Welcome to the HighPeak Energy 2023 First Quarter Earnings Call. At this time, all participants are in listenonly mode. After the speakers' presentation, there will be a Q&A session. [Operator Instructions] Please be advised that today's conference is being recorded. HighPeak Energy, Inc. (NASDAQ:HPK) Q1 2023 Earnings Conference Call May 11, 2023 11:00 AM ET Steven Tholen - Chief Financial Officer Jack Hightower - Chairman and Chief Executive Officer Michael ...

($ in millions) | --- | --- | --- | |-------------------------|---------|---------| | Production (MBoe/d) | 2023 | 2024 | | Average production rate | 45 - 51 | 60 - 66 | | Exit production Rate | 55 - 61 | 68 - 76 | YoY Est. Avg. Production Growth >30% 4 (1) Free Cash Flow is a non-GAAP financial measure and defined as estimated EBITDAX less Capex, interest expense & dividends at various oil prices combined with gas price of $4/Mcf. Positive and increasing FCF projected in 2H'23 onwards HighPeak's oil cut ge ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-39464 HighPeak Energy, Inc. (Exact name of Registrant as specified in its charter) Delaware 84-3533602 (State or other j ...

Disclaimer •FORWARD-LOOKING STATEMENTS •The information in this presentation and in any oral statements made in connection herewith contains forward-looking statements that involve risks and uncertainties. When used in or in connection with this document, the words "believes," "plans," "expects," "anticipates," "forecasts," "intends," "projects," "continue," "may," "will," "could," "should," "future," "potential," "estimate" or the negative of such terms and similar expressions as they relate to HighPeak En ...