HighPeak Energy (HPK) possesses solid growth attributes, which could help it handily outperform the market.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
HighPeak Energy is adapting to market demands and is expected to revalue as it establishes a more traditional track record. The company went public in 2020 and rapidly built-up debt. This upset the debt market and the stock market. Management is focused on improving costs and increasing free cash flow, including reducing operating costs per BOE and decreasing the need for new wells.