HighPeak Energy (HPK) Research & Development (2019 - 2026)
HighPeak Energy's Research & Development was $4.44 million in Q2 2026, up 300.7% from $1.11 million a year earlier and up 498.9% from the prior quarter.
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Analysis
HighPeak Energy (HPK) Research & Development (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, HighPeak Energy's Research & Development was $20.5 million through Jun 30, 2026, up 838.6% year-over-year; for FY2025, it came in at $16.69 million.
- Research & Development shows a five-year compound annual growth rate of 27.1% (FY2020 to FY2025).
- In earlier years, Research & Development was $1.48 million in FY2024 (-71.8%), $5.23 million in FY2023 (+355.5%), $1.15 million in FY2022 (-25.8%) and $1.55 million in FY2021 (-69.2%).
- Quarterly Research & Development has moved between $167,000 (Q2 2024) and $13.03 million (Q4 2025) over five years.
- Compared with a year earlier, Research & Development was higher in four of the last seven quarters, with growth averaging 200.2%.
- The best year-over-year quarter for Research & Development over five years was Q1 2023 (growth of 935.4%); the worst was Q3 2024 (a decline of 79.1%).
- Per Business Quant data, HPK's Research & Development in the three quarters before Q2 2026 was $742,000 (Q1 2026), $13.03 million (Q4 2025) and $2.28 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 277.00 Mn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 256.00 Mn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | -95.00 Mn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 75.00 Mn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | -189.00 Mn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | - |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 17.00 Mn |
| 10 | HighPeak Energy | 959.78 Mn | 390.62 Mn | - | 4.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.44 Mn |
| Mar 31, 2026 | 742,000.00 |
| Dec 31, 2025 | 13.03 Mn |
| Sep 30, 2025 | 2.28 Mn |
| Jun 30, 2025 | 1.11 Mn |
| Mar 31, 2025 | 264,000.00 |
| Dec 31, 2024 | 449,000.00 |
| Sep 30, 2024 | 362,000.00 |
| Jun 30, 2024 | 167,000.00 |
| Mar 31, 2024 | 498,000.00 |
| Dec 31, 2023 | 862,000.00 |
| Sep 30, 2023 | 1.73 Mn |
| Jun 30, 2023 | 480,000.00 |
| Mar 31, 2023 | 2.16 Mn |
| Dec 31, 2022 | 466,000.00 |
| Sep 30, 2022 | 290,000.00 |
| Jun 30, 2022 | 184,000.00 |
| Mar 31, 2022 | 209,000.00 |
| Sep 30, 2021 | 488,000.00 |
| Jun 30, 2021 | 463,000.00 |
API Access
HighPeak Energy Research & Development 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=research-and-development&ticker=HPK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "HPK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=HPK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();