Why These Energy Stocks Are Gaining This Week

7. HighPeak Energy, Inc. (NASDAQ:HPK)

Share Price Gains Between May 7 – May 14: 25.86%

HighPeak Energy, Inc. (NASDAQ:HPK) is an independent oil and natural gas company engaged in the acquisition, development and production of oil, natural gas and NGL reserves.

The stock of HighPeak Energy, Inc. (NASDAQ:HPK) surged after the company reported its Q1 2025 results this week. HPK’s net income increased by a massive 464% YoY to $36.3 million, which was in-line with market expectations. The company’s revenue of $257.45 million, though down by over 10% from last year, also managed to beat estimates. HighPeak’s sales volumes during the quarter averaged 53.1 MBoe/d, a 6% YoY. The company also declared a quarterly dividend of $0.04 per share.