In a report released today, Neal Dingmann from Truist Financial maintained a Sell rating on HighPeak Energy (HPK – Research Report). The company’s shares closed last Friday at $14.63.
Dingmann covers the Energy sector, focusing on stocks such as Civitas Resources, Northern Oil And Gas, and Devon Energy. According to TipRanks, Dingmann has an average return of 13.6% and a 69.88% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HighPeak Energy with a $23.72 average price target.
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The company has a one-year high of $24.88 and a one-year low of $10.38. Currently, HighPeak Energy has an average volume of 385.9K.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HPK in relation to earlier this year.
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HighPeak Energy (HPK) Company Description:
HighPeak Energy Inc is an independent oil and natural gas company focused on the development of unconventional oil and natural gas reserves in primarily Howard County of the Midland Basin.
Read More on HPK:
- New Demand Risk for Highpeak Energy Inc – What’s the Latest?
- HighPeak Energy Issues Non-Filed Regulation FD Disclosure
- HighPeak Energy sees average two drilling rigs and one frac crew in FY24
- HighPeak Energy Insights from Recent Financial Disclosures
- HighPeak Energy reports Q4 EPS 66c, consensus 65c
