10-Q Filing

HighPeak Energy, Inc. CIK: 1792849 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001437749-20-023445`
Period End Date	20200930
Filing Date	20201112
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	hpk-20200930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 100 Cash Flow Statement 93 Stockholders Equity 21

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.21M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$3.36M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$5.95M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$3.03M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$25.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.80M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAssetCurrent`	$541.00K	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAssetCurrent`	-	USD	Point-in-time
Inventory	`EnergyRelatedInventory`	$184.00K	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Inventory	`EnergyRelatedInventory`	$405.00K	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	91.59M	shares	Point-in-time
Deposits	`DepositsAssetsCurrent`	$61.55M	USD	Point-in-time
Deposits	`DepositsAssetsCurrent`	$50.00K	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$4.19M	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	-	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	91.59M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$64.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$89.24M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$92.03M	USD	Point-in-time
Proved properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$178.84M	USD	Point-in-time
Proved properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$272.17M	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$204.34M	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$228.10M	USD	Point-in-time
Accumulated depletion, depreciation and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$1.57M	USD	Point-in-time
Accumulated depletion, depreciation and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$10.13M	USD	Point-in-time
Total oil and natural gas properties, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$452.04M	USD	Point-in-time
Total oil and natural gas properties, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$405.37M	USD	Point-in-time
Total oil and natural gas properties, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$466.37M	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$436.00K	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$415.00K	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$508.00K	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$100.00K	USD	Point-in-time
Total assets	`Assets`	$541.72M	USD	Point-in-time
Total assets	`Assets`	$531.50M	USD	Point-in-time
Total assets	`Assets`	$497.91M	USD	Point-in-time
Accounts payable - trade	`AccountsPayableTradeCurrent`	$8.97M	USD	Point-in-time
Accounts payable - trade	`AccountsPayableTradeCurrent`	$11.12M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$5.21M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$19.68M	USD	Point-in-time
Operating leases	`OperatingLeaseLiabilityCurrent`	$538.00K	USD	Point-in-time
Operating leases	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Revenues payable	`OtherLiabilitiesCurrent`	$184.00K	USD	Point-in-time
Revenues payable	`OtherLiabilitiesCurrent`	$329.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$30.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$28.36M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$40.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$40.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$2.40M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$2.40M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$2.21M	USD	Point-in-time
Operating leases	`OperatingLeaseLiabilityNoncurrent`	$103.00K	USD	Point-in-time
Operating leases	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Partners' capital	`PartnersCapital`	$464.72M	USD	Point-in-time
Partners' capital	`PartnersCapital`	$98.16M	USD	Point-in-time
Partners' capital	`PartnersCapital`	$87.64M	USD	Point-in-time
Partners' capital	`PartnersCapital`	$84.06M	USD	Point-in-time
Partners' capital	`PartnersCapital`	$430.90M	USD	Point-in-time
Partners' capital	`PartnersCapital`	$433.74M	USD	Point-in-time
Partners' capital	`PartnersCapital`	$86.23M	USD	Point-in-time
Partners' capital	`PartnersCapital`	$437.88M	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at September 30, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at September 30, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 600,000,000 shares authorized, 91,592,354 shares issued and outstanding at September 30, 2020	`CommonStockValue`	$9.00K	USD	Point-in-time
Common stock, $0.0001 par value, 600,000,000 shares authorized, 91,592,354 shares issued and outstanding at September 30, 2020	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 600,000,000 shares authorized, 91,592,354 shares issued and outstanding at September 30, 2020	`CommonStockValue`	$9.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$575.74M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$561.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-90.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-102.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$473.45M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$470.46M	USD	Point-in-time
Total liabilities and stockholders' equity / partners' capital	`LiabilitiesAndStockholdersEquity`	$541.72M	USD	Point-in-time
Total liabilities and stockholders' equity / partners' capital	`LiabilitiesAndStockholdersEquity`	$531.50M	USD	Point-in-time
Total liabilities and stockholders' equity / partners' capital	`LiabilitiesAndStockholdersEquity`	$497.91M	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.44M	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.66M	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.22M	USD	3 Qtrs
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.83M	USD	Point-in-time
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.26M	USD	3 Qtrs
Oil and natural gas production	`CostOfGoodsAndServicesSold`	$667.00K	USD	1 Quarter
Oil and natural gas production	`CostOfGoodsAndServicesSold`	$536.00K	USD	1 Quarter
Oil and natural gas production	`CostOfGoodsAndServicesSold`	$1.79M	USD	3 Qtrs
Oil and natural gas production	`CostOfGoodsAndServicesSold`	$4.87M	USD	3 Qtrs
Oil and natural gas production	`CostOfGoodsAndServicesSold`	$671.00K	USD	Point-in-time
Production and ad valorem taxes	`ProductionTaxExpense`	$80.00K	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$261.00K	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$566.00K	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$164.00K	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$257.00K	USD	Point-in-time
Exploration and abandonments	`ExplorationExpense`	-	USD	1 Quarter
Exploration and abandonments	`ExplorationExpense`	$159.00K	USD	1 Quarter
Exploration and abandonments	`ExplorationExpense`	$2.82M	USD	3 Qtrs
Exploration and abandonments	`ExplorationExpense`	$66.00K	USD	Point-in-time
Exploration and abandonments	`ExplorationExpense`	$4.00K	USD	3 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.38M	USD	3 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$822.00K	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.33M	USD	Point-in-time
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.29M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.66M	USD	3 Qtrs
Accretion of discount on asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$38.00K	USD	3 Qtrs
Accretion of discount on asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$20.00K	USD	1 Quarter
Accretion of discount on asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$89.00K	USD	3 Qtrs
Accretion of discount on asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$15.00K	USD	Point-in-time
Accretion of discount on asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$14.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpenseExcludingStockBasedCompensation`	$2.52M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpenseExcludingStockBasedCompensation`	$567.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpenseExcludingStockBasedCompensation`	$816.00K	USD	Point-in-time
General and administrative	`GeneralAndAdministrativeExpenseExcludingStockBasedCompensation`	$841.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpenseExcludingStockBasedCompensation`	$4.84M	USD	3 Qtrs
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	-	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	-	USD	3 Qtrs
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$14.51M	USD	Point-in-time
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	-	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	-	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$16.75M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$10.09M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$18.66M	USD	Point-in-time
Total operating costs and expenses	`CostsAndExpenses`	$2.71M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$2.45M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-5.83M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-56.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-13.83M	USD	Point-in-time
Loss from operations	`OperatingIncomeLoss`	$-8.53M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.01M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	Point-in-time
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	$76.50M	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	-	USD	Point-in-time
Other expense	`OtherNonoperatingExpense`	-	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	-	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	-	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-13.82M	USD	Point-in-time
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.01M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-5.83M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-56.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-85.03M	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-2.31M	USD	Point-in-time
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	7 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.52M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-85.03M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.83M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-56.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.01M	USD	1 Quarter
Basic net loss (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	Point-in-time
Basic net loss (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic net loss (in dollars per share)	`EarningsPerShareBasic`	-	USD	3 Qtrs
Basic net loss (in dollars per share)	`EarningsPerShareBasic`	-	USD	3 Qtrs
Basic net loss (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted net loss (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	Point-in-time
Diluted net loss (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted net loss (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted net loss (in dollars per share)	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Diluted net loss (in dollars per share)	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	-	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	-	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	-	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	-	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	91.59M	shares	Point-in-time
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	-	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	-	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	-	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	91.59M	shares	Point-in-time
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	-	shares	3 Qtrs

Cash Flow Statement 93 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-80.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.52M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-85.03M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.83M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-56.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.01M	USD	1 Quarter
Exploration and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$2.82M	USD	3 Qtrs
Exploration and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$14.00K	USD	Point-in-time
Exploration and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$4.00K	USD	3 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.38M	USD	3 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$822.00K	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.33M	USD	Point-in-time
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.29M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.66M	USD	3 Qtrs
Accretion expense	`AccretionExpenseIncludingAssetRetirementObligations`	$38.00K	USD	3 Qtrs
Accretion expense	`AccretionExpenseIncludingAssetRetirementObligations`	$89.00K	USD	3 Qtrs
Accretion expense	`AccretionExpenseIncludingAssetRetirementObligations`	$15.00K	USD	Point-in-time
Stock-based compensation expense	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$14.51M	USD	Point-in-time
Loss on terminated acquisition	`LossOnTerminatedAcquisition`	-	USD	3 Qtrs
Loss on terminated acquisition	`LossOnTerminatedAcquisition`	-	USD	Point-in-time
Loss on terminated acquisition	`LossOnTerminatedAcquisition`	$76.50M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.00K	USD	Point-in-time
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.40M	USD	Point-in-time
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-844.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.43M	USD	3 Qtrs
Inventory and other current assets	`IncreaseDecreaseInInventoriesAndOtherCurrentAssets`	$357.00K	USD	Point-in-time
Inventory and other current assets	`IncreaseDecreaseInInventoriesAndOtherCurrentAssets`	$196.00K	USD	3 Qtrs
Inventory and other current assets	`IncreaseDecreaseInInventoriesAndOtherCurrentAssets`	-	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-430.00K	USD	Point-in-time
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$744.00K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.69M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.15M	USD	Point-in-time
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.10M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.85M	USD	3 Qtrs
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$17.91M	USD	Point-in-time
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$47.55M	USD	3 Qtrs
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$14.82M	USD	3 Qtrs
Changes in working capital associated with oil and natural gas property additions	`IncreaseDecreaseInWorkingCapitalAssociatedWithOilAndNaturalGasPropertyAdditions`	$-23.42M	USD	Point-in-time
Changes in working capital associated with oil and natural gas property additions	`IncreaseDecreaseInWorkingCapitalAssociatedWithOilAndNaturalGasPropertyAdditions`	$5.53M	USD	3 Qtrs
Changes in working capital associated with oil and natural gas property additions	`IncreaseDecreaseInWorkingCapitalAssociatedWithOilAndNaturalGasPropertyAdditions`	$5.59M	USD	3 Qtrs
Acquisitions of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$3.34M	USD	3 Qtrs
Acquisitions of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$704.00K	USD	Point-in-time
Acquisitions of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$9.44M	USD	3 Qtrs
Issuance of notes receivable	`PaymentsToAcquireNotesReceivable`	-	USD	3 Qtrs
Issuance of notes receivable	`PaymentsToAcquireNotesReceivable`	$7.48M	USD	3 Qtrs
Issuance of notes receivable	`PaymentsToAcquireNotesReceivable`	-	USD	Point-in-time
Other property additions	`PaymentsToAcquireOtherProductiveAssets`	$50.00K	USD	3 Qtrs
Other property additions	`PaymentsToAcquireOtherProductiveAssets`	-	USD	Point-in-time
Other property additions	`PaymentsToAcquireOtherProductiveAssets`	$7.00K	USD	3 Qtrs
Extension payment on acquisition	`OtherPaymentsToAcquireBusinesses`	-	USD	Point-in-time
Extension payment on acquisition	`OtherPaymentsToAcquireBusinesses`	$15.00M	USD	3 Qtrs
Extension payment on acquisition	`OtherPaymentsToAcquireBusinesses`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.68M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.89M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.03M	USD	Point-in-time
Proceeds from stock offering	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from stock offering	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from stock offering	`ProceedsFromIssuanceOfCommonStock`	$102.09M	USD	Point-in-time
Stock offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Stock offering costs	`PaymentsOfStockIssuanceCosts`	$8.38M	USD	Point-in-time
Stock offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Cash acquired from non-successors in HighPeak business combination	`CashAcquiredFromNonsuccessorsInBusinessCombination`	-	USD	3 Qtrs
Cash acquired from non-successors in HighPeak business combination	`CashAcquiredFromNonsuccessorsInBusinessCombination`	$100.00K	USD	Point-in-time
Cash acquired from non-successors in HighPeak business combination	`CashAcquiredFromNonsuccessorsInBusinessCombination`	-	USD	3 Qtrs
Contributions from partners	`ProceedsFromPartnershipContribution`	-	USD	Point-in-time
Contributions from partners	`ProceedsFromPartnershipContribution`	$54.00M	USD	3 Qtrs
Contributions from partners	`ProceedsFromPartnershipContribution`	$19.93M	USD	3 Qtrs
Distributions to partners	`DistributionsToPartners`	$2.78M	USD	3 Qtrs
Distributions to partners	`DistributionsToPartners`	-	USD	3 Qtrs
Distributions to partners	`DistributionsToPartners`	-	USD	Point-in-time
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$51.22M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$19.93M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$93.81M	USD	Point-in-time
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-20.77M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.10M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$52.93M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.94M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$894.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.99M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$22.71M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$54.87M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.94M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$894.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.99M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$22.71M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$54.87M	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$473.45M	USD	Point-in-time
Balance	`StockholdersEquity`	$470.46M	USD	Point-in-time
HighPeak business combination with HPK LP	`StockIssuedDuringPeriodValueAcquisitions`	$430.90M	USD	Point-in-time
Conversion of Pure Common Stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$12.32M	USD	Point-in-time
Forward Purchases	`ForwardPurchasesEquityImpact`	$89.77M	USD	Point-in-time
Offering costs (including costs incurred at Pure prior to HighPeak business combination)	`AdjustmentsToAdditionalPaidInCapitalOfferingCosts`	$-22.04M	USD	Point-in-time
Deferred income tax liability at HighPeak business combination	`AdjustmentsToAdditionalPaidInCapitalDeferredIncomeTaxLiabilityRelatedToBusinessCombination`	$40.50M	USD	Point-in-time
Exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	-	shares	Point-in-time
Shares issued upon options being exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	Point-in-time
Compensation costs included in net loss	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.51M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-80.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.52M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-85.03M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.83M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-56.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.01M	USD	1 Quarter
Balance	`StockholdersEquity`	$473.45M	USD	Point-in-time
Balance	`StockholdersEquity`	$470.46M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.