HighPeak Energy (HPK) Operating Expenses (2019 - 2026)
HighPeak Energy (HPK) posted quarterly Operating Expenses of $179.8 million for Q1 2026, down 1.16% year-over-year from $181.9 million in Q1 2025, and down 22.82% quarter-over-quarter from $233.0 million in Q4 2025.
HighPeak Energy (HPK) Operating Expenses (2019 - 2026) Analysis & Trends
HighPeak Energy's Operating Expenses history runs 8 years deep, the most recent figure standing at $179.8 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 1.16% year-over-year to $179.8 million; the TTM figure through Mar 2026 stood at $723.3 million (down 6.45% YoY), while the FY2025 annual figure was $710.5 million, down 8.43% from the prior year.
- Operating Expenses for Q1 2026 stood at $179.8 million, down from $233.0 million in the prior quarter.
- The five-year high for Operating Expenses was $233.0 million in Q4 2025, with the low at $37.7 million in Q1 2022.
- The 5-year median for Operating Expenses is $179.8 million (2026), against an average of $159.5 million.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 259.07% in 2023, then dropped 20.69% in 2025.
- HighPeak Energy's Operating Expenses stood at $131.0 million in 2022, then soared by 63.29% to $214.0 million in 2023, then retreated by 2.56% to $208.5 million in 2024, then climbed by 11.74% to $233.0 million in 2025, then decreased by 22.82% to $179.8 million in 2026.
- Business Quant data shows HPK's Operating Expenses at $179.8 million in Q1 2026, $233.0 million in Q4 2025, and $156.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 5.03 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 54.24 Mn |
| 10 | HighPeak Energy | 1.04 Bn | 868.22 Mn | - | 189.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 189.18 Mn |
| Mar 31, 2026 | 179.82 Mn |
| Dec 31, 2025 | 232.97 Mn |
| Sep 30, 2025 | 156.03 Mn |
| Jun 30, 2025 | 154.47 Mn |
| Mar 31, 2025 | 181.93 Mn |
| Dec 31, 2024 | 208.49 Mn |
| Sep 30, 2024 | 196.73 Mn |
| Jun 30, 2024 | 186.01 Mn |
| Mar 31, 2024 | 184.74 Mn |
| Dec 31, 2023 | 213.98 Mn |
| Sep 30, 2023 | 198.92 Mn |
| Jun 30, 2023 | 148.30 Mn |
| Mar 31, 2023 | 135.21 Mn |
| Dec 31, 2022 | 131.04 Mn |
| Sep 30, 2022 | 85.80 Mn |
| Jun 30, 2022 | 78.62 Mn |
| Mar 31, 2022 | 37.66 Mn |
| Dec 31, 2021 | 45.73 Mn |
| Sep 30, 2021 | 25.51 Mn |