58

Highpeak Energy IncFRA Highpeak Stock Report

Last reporting period 30 Sep, 2024

Updated 21 Nov, 2024

Last price

Market cap $B

1.958

Small

Exchange

XFRA - Deutsche Boerse AG

58R.F Stock Analysis

58

Neutral

Based on Eyestock quantitative analysis, 58R.F`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

70/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

16.9 %

Undervalued

Market cap $B

1.958

Dividend yield

0.90 %

Shares outstanding

113.17 B

HighPeak Energy, Inc. is an independent oil and natural gas company. The company is headquartered in Fort Worth, Texas and currently employs 47 full-time employees. The company went IPO on 2018-05-29. The firm is engaged in the acquisition, development and production of crude oil, natural gas liquid (NGL) and natural gas reserves. The Company’s assets are located primarily in Howard County, Texas, which lies within the northeastern part of the oil-rich Midland Basin. The Company’s acreage is composed of two core areas, Flat Top to the north and Signal Peak to the south. The Company, through Priority Power Management, LLC develops an electric high-voltage (EHV) substation, medium voltage distribution systems and a 13-megawatt direct current solar photovoltaic facility located on approximately 80 acres of land owned by the Company north of Big Spring, Texas in Howard County to provide for the Company’s electrical power needs in its Flat Top operating area including powering drilling rigs and day-to-day operations. The firm owns approximately 62603 net acres in Howard County, Texas.

View Section: Eyestock Rating