For the quarter ending 2026-03-31, HPK had -$66,248K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | -127,448 | -25,213 | -18,335 | 62,511 |
| Provision for deferred income taxes | 27,651 | 6,832 | 3,531 | -17,602 |
| Loss on extinguishment of debt | - | 0 | -25,437 | - |
| Loss on derivative instruments, net | -157,027 | 19,481 | 6,913 | 18,519 |
| Cash paid on settlement of derivative instruments | 17,473 | -6,096 | -3,647 | -4,341 |
| Amortization of debt issuance costs | 884 | 666 | 1,124 | 4,091 |
| Amortization of discounts on long-term debt | 0 | 0 | 835 | 4,879 |
| Stock-based compensation expense | 865 | 177 | 177 | 265 |
| Accretion expense | 295 | 290 | 285 | 500 |
| Depletion, depreciation and amortization | 113,014 | 110,589 | 100,636 | 210,551 |
| Exploration and abandonment expense | 457 | 12,539 | 2,015 | 859 |
| Accounts receivable | 42,957 | 989 | -16,869 | -13,817 |
| Prepaid expenses, inventory and other assets | -2,594 | -2,301 | 1,643 | -4,977 |
| Accounts payable, accrued liabilities and other current liabilities | -5,406 | 12,950 | -364 | -7,609 |
| Net cash provided by operating activities | 54,201 | 93,093 | 120,239 | 298,265 |
| Additions to crude oil and natural gas properties | 78,779 | 120,984 | 88,238 | 306,157 |
| Changes in working capital associated with oil and gas property additions | -35,326 | 34,723 | -15,566 | -12,907 |
| Acquisitions of crude oil and natural gas properties | 127 | 2,249 | 891 | 3,584 |
| Proceeds from sales of properties | 0 | 0 | 0 | 570 |
| Other property additions | 122 | 23 | 31 | 0 |
| Net cash used in investing activities | -114,354 | -88,533 | -104,726 | -322,078 |
| Stock offering costs | - | 155 | - | - |
| Debt issuance costs | 6,095 | 159 | 7,700 | 0 |
| Proceeds from exercise of warrants | - | 0 | 0 | 1 |
| Repurchased shares under buyback program | - | 0 | 0 | 0 |
| Repayments under term loan credit-Term Loan Credit Agreement | - | 0 | 180,000 | - |
| Borrowings under senior credit facility agreement-Senior Credit Facility Agreement Due2026 | - | 0 | - | - |
| Borrowings under senior credit facility agreement-Senior Credit Facility Agreement | - | 0 | 0 | 30,000 |
| Repayments under senior credit facility agreement-Senior Credit Facility Agreement Due2026 | - | 0 | - | - |
| Repayments under term loan credit agreement | 0 | 0 | 0 | 60,000 |
| Repayments of 10.000 senior notes and 10.625 senior notes | - | 0 | - | - |
| Cash paid for tax withholding on vested equity awards | - | 1,218 | 3,849 | - |
| Repayments under senior credit facility agreement | - | - | 30,000 | - |
| Repayments under senior credit facility agreement-Senior Credit Facility Agreement | - | 30,000 | - | - |
| Proceeds from issuance of common stock | - | 0 | - | - |
| Premium on extinguishment of debt | - | 0 | 4,750 | - |
| Dividends paid | 0 | 5,365 | 5,623 | 9,922 |
| Proceeds from exercises of stock options | - | 0 | - | - |
| Dividend equivalents paid | 0 | 501 | 531 | 1,062 |
| Net cash used in financing activities | -6,095 | -7,398 | 127,547 | -40,983 |
| Net decrease in cash and cash equivalents | -66,248 | -2,838 | 143,060 | -64,796 |
| Cash and cash equivalents, beginning of period | 162,075 | 164,913 | 86,649 | - |
| Cash and cash equivalents, end of period | 95,827 | 162,075 | 164,913 | - |
HighPeak Energy, Inc. (HPK)
HighPeak Energy, Inc. (HPK)