HPR News

Due to the emerging public health impact of the coronavirus pandemic (COVID-19), and to support the health and well-being of the Company's shareholders, employees, and their families, the Company will hold its Annual Meeting in a virtual meeting format only. As described in the Company's proxy materials previously distributed for the Annual Meeting, shareholders at the close of business on March 2, 2020, the record date, are entitled to participate in the Annual Meeting. HighPoint Resources Corporation (HPR) is a Denver, Colorado based company focused on the development of oil and natural gas assets located in the Denver-Julesburg Basin of Colorado.

Production sales volume of 12.5 million barrels of oil equivalent ("MMBoe") in 2019 represents 23% growth over 2018; production sales volume of 3.5 MMBoe in the fourth quarter.

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

As oil and gas companies cut back their 2020 production plans in the face of global crisis, the hedges companies have in place — and how much of their oil production is covered by them — could end up being a critical lifeline. “It really helps stabilize their business and stabilize their cash flow,” said Justin Carlson, co-founder and chief strategy officer of East Daley Capital, an oil and gas industry analysis firm based in Centennial. In good times, hedging can limit the upside price a company sees from its oil.

Reported production sales volume of 2.9 million barrels of oil equivalent ("MMBoe") for the first quarter of 2020, above the high end of guidance Oil production sales volume of.

This month, we saw the HighPoint Resources Corporation (NYSE:HPR) up an impressive 97%. But spare a thought for the...

HighPoint (HPR) delivered earnings and revenue surprises of -66.67% and -9.09%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

With the economies gearing up to reopen, demand for oil may spring back to pre-pandemic levels. However, there has been a decline in oil stockpiles leading to spike in oil price.

While this impacts near-term development activity, it is not expected to adversely affect anticipated production volumes for the first half of the year and will maintain our opportunity set for future development.

DENVER, Feb. 25, 2020 -- HighPoint Resources Corporation (“HighPoint” or the “Company”) (NYSE: HPR) previously announced on February 14, 2020 that the Company plans to issue.

Production cuts by the Organization of the Petroleum Exporting Countries and its allies, including Russia, are helping oil prices.

HighPoint (HPR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

HighPoint Resources Corporation (“we”, “us”, or the “Company”) (HPR) today provided a summary of the Company’s hedge position. The Company currently has approximately 95% of anticipated 2020 oil volumes hedged at a WTI price of $58.32 per barrel and nearly half of anticipated 2021 oil volumes hedged at a WTI price of $54.71 per barrel. In addition, the Company estimates that the value of its hedge portfolio is approximately $145 million based on current WTI strip prices.

Oil and gas stock prices have been hit the hardest by bad news in the market this year, with Colorado shale oil companies among the worst performing nationwide. Whiting Petroleum Corp (NYSE: WLL) and Extraction Oil & Gas Inc. (Nasdaq: XOG), both based in Denver, are among the five worst-performing stocks nationally out of 3,000 U.S. public companies included in a Denver Business Journal analysis. Several other Denver-based companies, including Centennial Resource Development Inc. (Nasdaq: CDEV), QEP Resources (NYSE: QEP), Highpoint Resources Corp. (NYSE: HPR) and Ovinitiv Inc. (NYSE: OVV) are among the 100 public companies that have lost the most since Jan. 2, all of them losing more than 45% of their stock value so far this year.

The Zacks Analyst Blog Highlights: Chaparral Energy, AngloGold Ashanti, Gold Fields, HighPoint Resources and Key Energy Services

HighPoint (HPR) delivered earnings and revenue surprises of 70.00% and -12.08%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

DENVER , April 21, 2020 -- HighPoint Resources Corporation (“HighPoint” or the “Company”) (NYSE: HPR) today announced that the Company plans to issue its first quarter 2020.

As of late, it has definitely been a great time to be an investor HighPoint Resources Corporation

HighPoint Resources Corporation (“we”, “us”, or the “Company”) (HPR) today announced that on March 10, 2020, it received formal notice from the New York Stock Exchange (“NYSE”) that the average closing price of the Company’s shares of common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which is the minimum average share price for continued listing on the NYSE. As required by the NYSE, the Company has responded to the NYSE regarding its intent to cure the deficiency to return to compliance with the NYSE continued listing requirements within the six-month cure period.

Ladies and gentlemen thank you for standing by and welcome to the Q1 2020 HighPoint Resources Earnings Conference Call. Speaking on the call today are Scot Woodall CEO; Bill Crawford CFO; and Paul Geiger COO.