Roth MKM Reaffirms Buy on HighPeak (HPK) Despite Weak Q3 Results

2 days ago 1

HighPeak Energy, Inc. (NASDAQ:HPK) is one of the inexpensive lipid stocks nether $10 to bargain now. HighPeak Energy, Inc. (NASDAQ:HPK) carries a statement Hold rating, based connected 1 Buy and 1 Sell proposal from analysts successful the past 3 months. The mean 12‑month terms people is $9.50, with forecasts ranging from $7.00 to $12.00, implying a imaginable 51% upside from the latest terms of $6.28.

Roth MKM Reaffirms Buy connected  HighPeak (HPK) Despite Weak Q3 Results

Roth MKM Reaffirms Buy connected HighPeak (HPK) Despite Weak Q3 Results

On November 6, Roth MKM reiterated its Buy standing connected HighPeak Energy, Inc. and besides held its terms people for the banal astatine $12. The determination came conscionable hours aft HighPeak reported its Q3 2025 earnings.

In the net report, full revenues touched $188.86 million, down from $271.58 cardinal successful Q3 2024 and missing the $226.48 cardinal expert estimates. According to management, the underperformance was owed to a 30% driblet successful realized lipid prices year-over-year to astir $65 per tube amid broader marketplace weakness. The company’s EPS for the 4th was -$0.15 per diluted share, versus a $0.35 nett successful the aforesaid 4th past year. The nonaccomplishment came connected the backmost of a one-time $25.4 cardinal non-cash nonaccomplishment connected indebtedness extinguishment from fiscal restructuring, noted management. Despite the anemic numbers, the committee declared a quarterly currency dividend of $0.04 per share, payable successful December 2025.

Commenting connected the results, interim CEO Michael Hollis stated: “We are not ignoring the realities of our situation. Instead, we are facing them head-on.” He added that the committee and absorption stay “fully aligned and unwavering successful our committedness to a semipermanent strategy of operating wrong currency flow, exercising disciplined decision-making, and maintaining measured, controlled execution.”

HighPeak Energy, Inc. (NASDAQ:HPK) is an autarkic lipid and earthy state company. It develops and operates accumulation assets successful the Midland Basin, portion of the prolific Permian Basin successful West Texas. The company’s superior facilities see horizontal drilling and completion projects that leverage established infrastructure to enactment businesslike crude lipid and earthy state output.

While we admit the imaginable of HPK arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 9 Best EV Charging Stocks to Buy Now and 11 Best Falling Stocks to Buy According to Wall Street Analysts.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.

Read Entire Article