Highpeak Energy Acquisition Corp (HPK) - Net Assets
Based on the latest financial reports, Highpeak Energy Acquisition Corp (HPK) has net assets worth $1.63 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.20 Billion) and total liabilities ($1.58 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read HPK current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.63 Billion |
| % of Total Assets | 50.75% |
| Annual Growth Rate | 28.72% |
| 5-Year Change | 237.91% |
| 10-Year Change | N/A |
| Growth Volatility | 40.29 |
Highpeak Energy Acquisition Corp - Net Assets Trend (2019–2024)
This chart illustrates how Highpeak Energy Acquisition Corp's net assets have evolved over time, based on quarterly financial data. Also explore HPK asset base for the complete picture of this company's asset base.
Annual Net Assets for Highpeak Energy Acquisition Corp (2019–2024)
The table below shows the annual net assets of Highpeak Energy Acquisition Corp from 2019 to 2024. For live valuation and market cap data, see how much is Highpeak Energy Acquisition Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.60 Billion | +3.20% |
| 2023-12-31 | $1.55 Billion | +32.75% |
| 2022-12-31 | $1.17 Billion | +111.49% |
| 2021-12-31 | $553.06 Million | +16.62% |
| 2020-12-31 | $474.23 Million | +4.63% |
| 2019-12-31 | $453.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Highpeak Energy Acquisition Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 44158000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $435.83 Million | 27.20% |
| Common Stock | $13.00K | 0.00% |
| Other Components | $1.17 Billion | 72.80% |
| Total Equity | $1.60 Billion | 100.00% |
Highpeak Energy Acquisition Corp Competitors by Market Cap
The table below lists competitors of Highpeak Energy Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BES Engineering Co
TW:2515
|
$661.08 Million |
|
SPAR Group Ltd
JSE:SPP
|
$661.28 Million |
|
Green Dot Corporation
NYSE:GDOT
|
$661.58 Million |
|
FinVolution Group
F:PP3
|
$661.59 Million |
|
Beijing Hualian Department Store Co Ltd
SHE:000882
|
$660.93 Million |
|
Youyou Foods Co Ltd
SHG:603697
|
$660.90 Million |
|
MLP Group S.A.
WAR:MLG
|
$660.38 Million |
|
ECOVE Environment Corp
TWO:6803
|
$660.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Highpeak Energy Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,552,721,000 to 1,602,456,000, a change of 49,735,000 (3.2%).
- Net income of 95,069,000 contributed positively to equity growth.
- Dividend payments of 22,191,000 reduced retained earnings.
- Share repurchases of 35,166,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $95.07 Million | +5.93% |
| Dividends Paid | $22.19 Million | -1.38% |
| Share Repurchases | $35.17 Million | -2.19% |
| Other Changes | $12.02 Million | +0.75% |
| Total Change | $- | 3.20% |
Book Value vs Market Value Analysis
This analysis compares Highpeak Energy Acquisition Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.54x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.35x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $4.95 | $6.70 | x |
| 2020-12-31 | $5.16 | $6.70 | x |
| 2021-12-31 | $5.84 | $6.70 | x |
| 2022-12-31 | $10.52 | $6.70 | x |
| 2023-12-31 | $12.62 | $6.70 | x |
| 2024-12-31 | $12.40 | $6.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Highpeak Energy Acquisition Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.89%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.91x
- Recent ROE (5.93%) is above the historical average (4.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -2.55% | -142.69% | 0.02x | 1.10x | $-56.90 Million |
| 2020 | -21.40% | -412.07% | 0.05x | 1.13x | $-148.89 Million |
| 2021 | 10.05% | 25.24% | 0.27x | 1.48x | $252.70K |
| 2022 | 20.25% | 31.34% | 0.33x | 1.95x | $119.89 Million |
| 2023 | 13.90% | 19.42% | 0.36x | 1.98x | $60.59 Million |
| 2024 | 5.93% | 8.89% | 0.35x | 1.91x | $-65.18 Million |
Industry Comparison
This section compares Highpeak Energy Acquisition Corp's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,401,223,882
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Highpeak Energy Acquisition Corp (HPK) | $1.63 Billion | -2.55% | 0.97x | $660.93 Million |
| Amplify Energy Corp (AMPY) | $643.58 Million | -23.32% | 1.61x | $225.45 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $-14.85 Million | 0.00% | 0.00x | $105.31 Million |
| APA Corporation (APA) | $816.20 Million | 5.24% | 1.30x | $9.63 Billion |
| Antero Resources Corp (AR) | $5.47 Billion | 12.31% | 1.11x | $10.72 Billion |
| Battalion Oil Corp (BATL) | $1.20 Billion | 3.84% | 0.74x | $41.80 Million |
| BKV Corporation (BKV) | $985.14 Million | -4.40% | 0.36x | $3.02 Billion |
| Barnwell Industries Inc (BRN) | $10.40 Million | 6.73% | 1.77x | $11.33 Million |
| Berry Petroleum Corp (BRY) | $153.15 Million | 14.32% | 0.52x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $910.65 Million | -10.99% | 0.17x | $2.98 Billion |
| Chord Energy Corp (CHRD) | $3.84 Billion | -3.34% | 0.95x | $5.96 Billion |
About Highpeak Energy Acquisition Corp
HighPeak Energy, Inc. operates as an independent crude oil and natural gas exploration and production company. It engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was founded in 2019 and is headquartered in Fort Worth, Texas.