HPK

HighPeak Energy, Inc.

Energy · $1.4B market cap

Is HPK undervalued?

Share price

$10.19

as of Oct 31, 2026

Fair value

$6.90

Sticker Price

Payback Price

$2.76

buy price

Based on annual results to Dec 2025.

Overpriced

HPK is Overpriced: at $10.19 it trades 48% above its fair value of $6.90. Its buy price (Payback Price) is $2.76, 73% below today's price. Business quality is mixed: 2 of 5 key numbers clear the 10% bar.

How we valued it

Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today. Its latest profit includes one-off items, such as a tax benefit or a gain on a sale, so we value it on the profit from running the business.

Business quality

2 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth-30.3% a year✗
Equity per share growth19.8% a year✓
Sales growth29.4% a year✓
Free cash flow growth—?
Return on invested capital7.8%✗

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Questions about HPK

What is HPK's fair value?

$6.90 as of Oct 31, 2026, worked out with the Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today. Its latest profit includes one-off items, such as a tax benefit or a gain on a sale, so we value it on the profit from running the business.

At what price would HPK be a buy?

At or below its buy price of $2.76, a 60% margin of safety below its fair value.

Is HPK undervalued right now?

HPK is Overpriced: at $10.19 it trades 48% above its fair value and 269% above its buy price.

How can I check HPK's value myself?

Use the free Sticker Price calculator, already filled with HPK's numbers. Change the growth, P/E or required return and see what you'd pay. Open the calculator →

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About HighPeak Energy, Inc.

HighPeak Energy, Inc. operates as an independent energy company, primarily focused on the acquisition, exploration, development, and extraction of crude oil, natural gas, and natural gas liquids. Its principal area of operations is the Midland Basin within West Texas. As of the close of 2021 (December 31st), the company reported proved reserves totaling approximately 64,213 MBoe. HighPeak Energy was established in 2019 and maintains its corporate headquarters in Fort Worth, Texas.

Oil & Gas Exploration & Production

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of Oct 31, 2026. How the Payback Price works