HighPeak Energy HPK
NASDAQ HPK
$8.16 +0.37 (+4.75%)
At close: Sep 30, 2026 · 4:00 PM EDT

HighPeak Energy (HPK) Asset Utilization Ratio (2020 - 2026)

Updated

HighPeak Energy's (HPK) Asset Utilization Ratio came in at 0.28 for Q2 2026, down 15.9% from 0.34 a year earlier but up 7.3% from the prior quarter.

Analysis

HighPeak Energy (HPK) Asset Utilization Ratio (2020 - 2026) Analysis & Trends

Since Q1 2021, HighPeak Energy has reported Asset Utilization Ratio for 22 quarters.

  • Annual Asset Utilization Ratio has declined for three consecutive years.
  • In prior years, HighPeak Energy's Asset Utilization Ratio was 0.36 in FY2024 (-13.8%), 0.42 in FY2023 (-13.5%), 0.49 in FY2022 (+50.3%) and 0.32 in FY2021 (+924.6%).
  • Quarterly Asset Utilization Ratio has run from a low of 0.19 in Q3 2021 to a high of 0.40 in Q2 2024 over five years.
  • On a year-over-year basis, Asset Utilization Ratio has declined in each of the last seven quarters, with an average decline of 13.6% over the last eight quarters.
  • The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q1 2022, with growth of 345.5%; the weakest was Q1 2026, with a decline of 26.2%.
  • According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.26 (Q1 2026), 0.28 (Q4 2025) and 0.31 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Shell 541.34 Bn 451.89 Bn 30.13 Bn 0.79
2 Chevron 403.85 Bn 381.64 Bn 33.45 Bn 0.65
3 TotalEnergies SE 193.34 Bn 76.47 Bn - 0.53
4 Eni Spa 172.00 Bn 121.52 Bn - 0.57
5 Conocophillips 150.68 Bn 123.39 Bn 12.81 Bn 0.53
6 Equinor Asa 103.39 Bn 49.45 Bn - 83.27
7 Phillips 66 100.64 Bn 89.62 Bn 8.38 Bn 1.89
8 Canadian Natural Resources 98.19 Bn 95.14 Bn - -
9 Suncor Energy 80.57 Bn 66.37 Bn - 0.60
10 HighPeak Energy 985.07 Mn 415.91 Mn - 0.28
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.28
Mar 31, 2026 0.26
Dec 31, 2025 0.28
Sep 30, 2025 0.31
Jun 30, 2025 0.34
Mar 31, 2025 0.36
Dec 31, 2024 0.36
Sep 30, 2024 0.38
Jun 30, 2024 0.40
Mar 31, 2024 0.39
Dec 31, 2023 0.37
Sep 30, 2023 0.37
Jun 30, 2023 0.34
Mar 31, 2023 0.36
Dec 31, 2022 0.35
Sep 30, 2022 0.29
Jun 30, 2022 0.27
Mar 31, 2022 0.22
Sep 30, 2021 0.21
Jun 30, 2021 0.16
API Access

HighPeak Energy Asset Utilization Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HPK&period=max&api_key=YOUR_API_KEY