Highpeak Energy Acquisition Corp (HPK) - Net Assets
Based on the latest financial reports, Highpeak Energy Acquisition Corp (HPK) has net assets worth $1.55 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.17 Billion) and total liabilities ($1.62 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. Check HPK capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.55 Billion |
| % of Total Assets | 48.86% |
| Annual Growth Rate | 23.32% |
| 5-Year Change | 188.32% |
| 10-Year Change | N/A |
| Growth Volatility | 38.93 |
Highpeak Energy Acquisition Corp - Net Assets Trend (2019–2025)
This chart illustrates how Highpeak Energy Acquisition Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Highpeak Energy Acquisition Corp worth.
Annual Net Assets for Highpeak Energy Acquisition Corp (2019–2025)
The table below shows the annual net assets of Highpeak Energy Acquisition Corp from 2019 to 2025. Also explore net asset growth rate of Highpeak Energy Acquisition Corp to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.59 Billion | -0.49% |
| 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 43829500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $432.55 Million | 27.13% |
| Common Stock | $13.00K | 0.00% |
| Other Components | $1.16 Billion | 72.87% |
| Total Equity | $1.59 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 |
|---|---|
|
Goldman Sachs BDC Inc
NYSE:GSBD
|
$1.09 Billion |
|
Manchester United Ltd
F:MUF
|
$1.09 Billion |
|
Shinva Medical Instrument Co Ltd
SHG:600587
|
$1.09 Billion |
|
AXWAY SOFTWARE EO 2
F:1XV
|
$1.09 Billion |
|
Lumexa Imaging Holdings, Inc. Common Stock
NASDAQ:LMRI
|
$1.08 Billion |
|
Zhejiang Wanliyang Transmission Co Ltd
SHE:002434
|
$1.08 Billion |
|
Winmark Corporation
NASDAQ:WINA
|
$1.08 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
$1.08 Billion |
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 2024 to 2025, total equity changed from 1,602,456,000 to 1,594,569,000, a change of -7,887,000 (-0.5%).
- Net income of 18,962,999 contributed positively to equity growth.
- Dividend payments of 23,004,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.96 Million | +1.19% |
| Dividends Paid | $23.00 Million | -1.44% |
| Other Changes | $-3.85 Million | -0.24% |
| Total Change | $- | -0.49% |
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: 0.68x
- 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 1.75x to 0.68x 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 | $8.64 | x |
| 2020-12-31 | $5.16 | $8.64 | x |
| 2021-12-31 | $5.84 | $8.64 | x |
| 2022-12-31 | $10.52 | $8.64 | x |
| 2023-12-31 | $12.62 | $8.64 | x |
| 2024-12-31 | $12.40 | $8.64 | x |
| 2025-12-31 | $12.73 | $8.64 | 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): 1.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.20%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.09x
- Recent ROE (1.19%) is below the historical average (3.91%), suggesting potential challenges in 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 |
| 2025 | 1.19% | 2.20% | 0.26x | 2.09x | $-140.49 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: $2,076,586,730
- Average return on equity (ROE) among peers: -38.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Highpeak Energy Acquisition Corp (HPK) | $1.55 Billion | -2.55% | 1.05x | $1.08 Billion |
| Amplify Energy Corp (AMPY) | $434.21 Million | -8.11% | 1.02x | $199.55 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $1.22 Million | -424.63% | 26.72x | $105.31 Million |
| APA Corporation (APA) | $10.54 Billion | 24.89% | 0.83x | $15.26 Billion |
| Antero Resources Corp (AR) | $6.09 Billion | -20.82% | 1.16x | $11.63 Billion |
| Battalion Oil Corp (BATL) | $1.07 Billion | 49.97% | 0.53x | $31.10 Million |
| BKV Corporation (BKV) | $1.20 Billion | 34.29% | 1.26x | $2.66 Billion |
| Barnwell Industries Inc (BRN) | $36.34 Million | 16.59% | 1.34x | $15.66 Million |
| Berry Petroleum Corp (BRY) | $153.15 Million | 14.32% | 0.52x | $253.00 Million |
| Big Sky Industrial Inc. (BSIN) | $24.20 Million | -105.92% | 1.05x | $83.99 Million |
| Black Stone Minerals LP (BSM) | $1.22 Billion | 34.71% | 0.04x | $3.00 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 formerly known as HPK Energy, LP and changed its name to HighPeak Energy, Inc. in August 2020.… Read more