HighPeak Energy Stock: Successfully Refinances Debt (NASDAQ:HPK)

Oil pumps at the horizon.

Torsten Asmus

HighPeak Energy (NASDAQ:HPK) has successfully refinanced its debt, pushing its next debt maturity (based on the springing maturity of its existing credit facility) out by around three years with a new $1.2 billion term loan.

This gives

Type Barrels/Mcf $ Per Barrel/Mcf $ Million
Oil 16,056,350 $81.50 $1,309
NGLs 1,741,050 $24.75 $43
Natural Gas 9,285,600 $2.40 $22
Hedge Value -$14
Total $1,360

Expenses $ Million
Lease Operating Expense And Workovers $174
Production And Ad Valorem Taxes $76
Cash G&A $10
Cash Interest $146
Capital Expenditures $600
Total Expenditures $1,006

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