HighPeak Energy, Inc. (NASDAQ:HPK) Q1 2022 Earnings Conference Call May 17, 2022 11:00 AM ET

Company Participants

Steven Tholen - Chief Financial Officer

Jack Hightower - Chairman & Chief Executive Officer

Michael Hollis - President

Conference Call Participants

John White - ROTH Capital Partners

Nicholas Pope - Seaport Research

Jeff Robertson - Water Tower Research

Operator

Thank you for standing by, and welcome to the First Quarter 2022 HighPeak Energy Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] As a reminder, today’s program may be recorded.

And now, I’d like to introduce you host for today’s program, Mr. Steven Tholen, Chief Financial Officer. Please go ahead, sir.

Steven Tholen

Thank you and good morning, everyone, and welcome to HighPeak Energy’s first quarter 2022 conference call. Representing HighPeak today are Chairman and CEO, Jack Hightower; President, Michael Hollis; Vice President of Business Development, Ryan Hightower; and I’m Steven Tholen, the Chief Financial Officer.

During today’s call, we will reference to our May Investor Presentation, our first quarter 2022 earnings release, and Form 10-Q, which can be found on HighPeak’s website.

Today’s call participants may make certain forward-looking statements relating to the company’s financial condition, results of operations, expectations, plans, goals, assumptions, and future performance. So please refer to the cautionary information regarding forward-looking statements and related risks in the company’s SEC filings, including the fact that actual results may differ materially from our expectations due to a variety of reasons, many of which are beyond our control.

We will also refer to certain non-GAAP financial measures on today’s call. So please see the reconciliations in the earnings release, which was issued Monday afternoon. Our prepared remarks will begin on slide four of our May Investor Presentation.

I will now turn the call over to our Chairman and CEO, Jack Hightower.

Jack Hightower

Thank you, Steven, and good morning to everyone, our investors and stakeholders, as well as analysts and other interested parties. This is, by far, the most exciting presentation that we've given to-date in HighPeak.

We are pleased to announce and update our shareholders on the progress of the company and provide additional details on our recently announced Hannathon properties, as well as other acquisitions that we have consolidated over the last quarter.

We are substantially a different company today compared to a year ago and this will be obvious from the information we're going to discuss throughout the presentation. We're going to try to spend as much time as we can in updating you on current prices, production rates.