10-Q Filing

HighPeak Energy, Inc. CIK: 1792849 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001437749-21-025683`
Period End Date	20210930
Filing Date	20211108
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	hpe20210930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 105 Cash Flow Statement 137 Stockholders Equity 40

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.55M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$7.72M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$23.89M	USD	Point-in-time
Subscription receivable	`SubscriptionReceivableCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Subscription receivable	`SubscriptionReceivableCurrent`	$3.60M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$121.00K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$3.92M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.59M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.25M	USD	Point-in-time
Deposits	`DepositsAssetsCurrent`	$50.00K	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	92.74M	shares	Point-in-time
Deposits	`DepositsAssetsCurrent`	$50.00K	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	91.97M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	92.74M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$42.42M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	91.97M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$33.30M	USD	Point-in-time
Proved properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$367.37M	USD	Point-in-time
Proved properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$602.83M	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$152.74M	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$123.06M	USD	Point-in-time
Accumulated depletion, depreciation and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$61.07M	USD	Point-in-time
Accumulated depletion, depreciation and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$17.48M	USD	Point-in-time
Total crude oil and natural gas properties, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$664.83M	USD	Point-in-time
Total crude oil and natural gas properties, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$502.64M	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.40M	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.09M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$4.93M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$907.00K	USD	Point-in-time
Total assets	`Assets`	$537.93M	USD	Point-in-time
Total assets	`Assets`	$713.58M	USD	Point-in-time
Accounts payable - trade	`AccountsPayableTradeCurrent`	$12.35M	USD	Point-in-time
Accounts payable - trade	`AccountsPayableTradeCurrent`	$7.58M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$12.37M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$29.85M	USD	Point-in-time
Derivatives	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Derivatives	`DerivativeLiabilitiesCurrent`	$14.13M	USD	Point-in-time
Advances from joint interest owners	`AdvancesFromJointInterestOwnersForCostsIncurredOnJointInterestWells`	$969.00K	USD	Point-in-time
Advances from joint interest owners	`AdvancesFromJointInterestOwnersForCostsIncurredOnJointInterestWells`	$13.46M	USD	Point-in-time
Dividends and dividend equivalents payable	`DividendsPayableCurrent`	$2.68M	USD	Point-in-time
Dividends and dividend equivalents payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.51M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$4.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$77.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.43M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$93.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$38.90M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$43.58M	USD	Point-in-time
Derivatives	`DerivativeLiabilitiesNoncurrent`	$5.27M	USD	Point-in-time
Derivatives	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$4.25M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$2.29M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$455.00K	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$78.00K	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at September 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at September 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 600,000,000 shares authorized, 92,743,677 and 91,967,565 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$9.00K	USD	Point-in-time
Common stock, $0.0001 par value, 600,000,000 shares authorized, 92,743,677 and 91,967,565 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$9.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$591.36M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$581.43M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-107.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-101.46M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$486.98M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$489.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$473.45M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	-	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$474.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$493.74M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$713.58M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$537.93M	USD	Point-in-time

Income Statement 105 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.66M	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.83M	USD	Point-in-time
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.22M	USD	3 Qtrs
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$121.46M	USD	3 Qtrs
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$47.47M	USD	1 Quarter
Crude oil and natural gas production	`OperatingLeaseExpense`	$13.63M	USD	3 Qtrs
Crude oil and natural gas production	`OperatingLeaseExpense`	$667.00K	USD	1 Quarter
Crude oil and natural gas production	`OperatingLeaseExpense`	$671.00K	USD	Point-in-time
Crude oil and natural gas production	`OperatingLeaseExpense`	$4.87M	USD	3 Qtrs
Crude oil and natural gas production	`OperatingLeaseExpense`	$6.71M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$164.00K	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$5.99M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$566.00K	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$257.00K	USD	Point-in-time
Production and ad valorem taxes	`ProductionTaxExpense`	$1.78M	USD	1 Quarter
Exploration and abandonments	`ExplorationExpense`	$1.14M	USD	3 Qtrs
Exploration and abandonments	`ExplorationExpense`	-	USD	1 Quarter
Exploration and abandonments	`ExplorationExpense`	$4.00K	USD	3 Qtrs
Exploration and abandonments	`ExplorationExpense`	$488.00K	USD	1 Quarter
Exploration and abandonments	`ExplorationExpense`	$66.00K	USD	Point-in-time
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.38M	USD	3 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$43.74M	USD	3 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.29M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.33M	USD	Point-in-time
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.92M	USD	1 Quarter
Accretion of discount	`AssetRetirementObligationAccretionExpense`	$15.00K	USD	Point-in-time
Accretion of discount	`AssetRetirementObligationAccretionExpense`	$44.00K	USD	1 Quarter
Accretion of discount	`AssetRetirementObligationAccretionExpense`	$89.00K	USD	3 Qtrs
Accretion of discount	`AssetRetirementObligationAccretionExpense`	$20.00K	USD	1 Quarter
Accretion of discount	`AssetRetirementObligationAccretionExpense`	$116.00K	USD	3 Qtrs
General and administrative	`SellingGeneralAndAdministrativeExpense`	$5.04M	USD	3 Qtrs
General and administrative	`SellingGeneralAndAdministrativeExpense`	$816.00K	USD	Point-in-time
General and administrative	`SellingGeneralAndAdministrativeExpense`	$1.67M	USD	1 Quarter
General and administrative	`SellingGeneralAndAdministrativeExpense`	$4.84M	USD	3 Qtrs
General and administrative	`SellingGeneralAndAdministrativeExpense`	$567.00K	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$14.51M	USD	Point-in-time
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	-	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	-	USD	3 Qtrs
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$905.00K	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$2.89M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$2.71M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$16.75M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$72.55M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$25.51M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$18.66M	USD	Point-in-time
Income (loss) from operations	`OperatingIncomeLoss`	$-13.83M	USD	Point-in-time
Income (loss) from operations	`OperatingIncomeLoss`	$-8.53M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$48.91M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$21.96M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-56.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	Point-in-time
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$1.15M	USD	3 Qtrs
Interest expense	`InterestExpense`	$947.00K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	Point-in-time
Derivative loss, net	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	Point-in-time
Derivative loss, net	`GainLossOnDerivativeInstrumentsNetPretax`	$-24.42M	USD	3 Qtrs
Derivative loss, net	`GainLossOnDerivativeInstrumentsNetPretax`	$-10.82M	USD	1 Quarter
Derivative loss, net	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	1 Quarter
Derivative loss, net	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	-	USD	Point-in-time
Other expense	`OtherNonoperatingExpense`	$76.50M	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	$127.00K	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	-	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	-	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-85.03M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.21M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-13.82M	USD	Point-in-time
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-56.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.19M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	7 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$4.68M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$2.15M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-2.31M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$4.74M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-56.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-85.03M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$18.53M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-4.15M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-56.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-11.52M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-80.83M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$8.05M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.74M	USD	1 Quarter
Basic net income (loss) (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic net income (loss) (in dollars per share)	`EarningsPerShareBasic`	$0.18	USD	3 Qtrs
Basic net income (loss) (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	Point-in-time
Diluted net income (loss) (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	Point-in-time
Diluted net income (loss) (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	3 Qtrs
Diluted net income (loss) (in dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	91.59M	shares	Point-in-time
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	92.65M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	92.68M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	92.72M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	92.68M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	91.59M	shares	Point-in-time
Dividends declared, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	3 Qtrs
Dividends declared, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter

Cash Flow Statement 137 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$4.74M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-56.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-85.03M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$18.53M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-4.15M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-56.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-11.52M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-80.83M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$8.05M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.74M	USD	1 Quarter
Exploration and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$4.00K	USD	3 Qtrs
Exploration and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$14.00K	USD	Point-in-time
Exploration and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$698.00K	USD	3 Qtrs
Depletion, depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$6.38M	USD	3 Qtrs
Depletion, depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$43.74M	USD	3 Qtrs
Depletion, depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$1.29M	USD	1 Quarter
Depletion, depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$2.33M	USD	Point-in-time
Depletion, depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$13.92M	USD	1 Quarter
Accretion expense	`AccretionExpenseIncludingAssetRetirementObligations`	$15.00K	USD	Point-in-time
Accretion expense	`AccretionExpenseIncludingAssetRetirementObligations`	$116.00K	USD	3 Qtrs
Accretion expense	`AccretionExpenseIncludingAssetRetirementObligations`	$89.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$14.51M	USD	Point-in-time
Stock-based compensation expense	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.89M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$259.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	Point-in-time
Derivative-related activity	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-6.84M	USD	1 Quarter
Derivative-related activity	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-19.40M	USD	3 Qtrs
Derivative-related activity	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	-	USD	3 Qtrs
Derivative-related activity	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	-	USD	Point-in-time
Derivative-related activity	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	-	USD	1 Quarter
Loss on terminated acquisition	`LossOnTerminatedAcquisition`	-	USD	Point-in-time
Loss on terminated acquisition	`LossOnTerminatedAcquisition`	$76.50M	USD	3 Qtrs
Loss on terminated acquisition	`LossOnTerminatedAcquisition`	-	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-4.68M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.00K	USD	Point-in-time
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$16.17M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.40M	USD	Point-in-time
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-844.00K	USD	3 Qtrs
Prepaid expenses, inventory and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$357.00K	USD	Point-in-time
Prepaid expenses, inventory and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$196.00K	USD	3 Qtrs
Prepaid expenses, inventory and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.82M	USD	3 Qtrs
Accounts payable, accrued liabilities and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$21.40M	USD	3 Qtrs
Accounts payable, accrued liabilities and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.69M	USD	3 Qtrs
Accounts payable, accrued liabilities and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$9.11M	USD	Point-in-time
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$87.74M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.10M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.69M	USD	Point-in-time
Additions to crude oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$49.36M	USD	3 Qtrs
Additions to crude oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$17.91M	USD	Point-in-time
Additions to crude oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$154.60M	USD	3 Qtrs
Changes in working capital associated with crude oil and natural gas property additions	`IncreaseDecreaseInWorkingCapitalAssociatedWithOilAndNaturalGasPropertyAdditions`	$-23.42M	USD	Point-in-time
Changes in working capital associated with crude oil and natural gas property additions	`IncreaseDecreaseInWorkingCapitalAssociatedWithOilAndNaturalGasPropertyAdditions`	$15.99M	USD	3 Qtrs
Changes in working capital associated with crude oil and natural gas property additions	`IncreaseDecreaseInWorkingCapitalAssociatedWithOilAndNaturalGasPropertyAdditions`	$7.35M	USD	3 Qtrs
Acquisitions of crude oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$3.34M	USD	3 Qtrs
Acquisitions of crude oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$704.00K	USD	Point-in-time
Acquisitions of crude oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$53.28M	USD	3 Qtrs
Proceeds from sales of properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$3.23M	USD	3 Qtrs
Proceeds from sales of properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	-	USD	3 Qtrs
Proceeds from sales of properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	-	USD	Point-in-time
Other property additions	`PaymentsToAcquireOtherProductiveAssets`	-	USD	Point-in-time
Other property additions	`PaymentsToAcquireOtherProductiveAssets`	$50.00K	USD	3 Qtrs
Other property additions	`PaymentsToAcquireOtherProductiveAssets`	$453.00K	USD	3 Qtrs
Issuance of notes receivable	`PaymentsToAcquireNotesReceivable`	-	USD	Point-in-time
Issuance of notes receivable	`PaymentsToAcquireNotesReceivable`	-	USD	3 Qtrs
Issuance of notes receivable	`PaymentsToAcquireNotesReceivable`	$7.48M	USD	3 Qtrs
Extension payment on acquisition	`OtherPaymentsToAcquireBusinesses`	$15.00M	USD	3 Qtrs
Extension payment on acquisition	`OtherPaymentsToAcquireBusinesses`	-	USD	Point-in-time
Extension payment on acquisition	`OtherPaymentsToAcquireBusinesses`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-189.10M	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
Borrowings under revolving credit facility	`ProceedsFromIssuanceOfLongTermDebt`	$95.00M	USD	3 Qtrs
Borrowings under revolving credit facility	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Borrowings under revolving credit facility	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Point-in-time
Proceeds from exercises of warrants	`ProceedsFromWarrantExercises`	$3.60M	USD	Point-in-time
Proceeds from exercises of warrants	`ProceedsFromWarrantExercises`	-	USD	3 Qtrs
Proceeds from exercises of warrants	`ProceedsFromWarrantExercises`	-	USD	Point-in-time
Proceeds from exercises of warrants	`ProceedsFromWarrantExercises`	$5.47M	USD	3 Qtrs
Proceeds from subscription receivable from exercises of warrants	`ProceedsFromSubscriptionReceivableFromExercisesOfWarrants`	$3.60M	USD	3 Qtrs
Proceeds from subscription receivable from exercises of warrants	`ProceedsFromSubscriptionReceivableFromExercisesOfWarrants`	-	USD	Point-in-time
Proceeds from subscription receivable from exercises of warrants	`ProceedsFromSubscriptionReceivableFromExercisesOfWarrants`	-	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$1.57M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	-	USD	Point-in-time
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.76M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Point-in-time
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	-	USD	Point-in-time
Dividends paid	`PaymentsOfDividends`	$9.27M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$9.30M	USD	Point-in-time
Dividend equivalents paid	`PaymentsOfDividendsEquivalents`	-	USD	3 Qtrs
Dividend equivalents paid	`PaymentsOfDividendsEquivalents`	-	USD	Point-in-time
Dividend equivalents paid	`PaymentsOfDividendsEquivalents`	$829.00K	USD	3 Qtrs
Proceeds from stock offering	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from stock offering	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from stock offering	`ProceedsFromIssuanceOfCommonStock`	$92.55M	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`	$54.00M	USD	3 Qtrs
Contributions from partners	`ProceedsFromPartnershipContribution`	-	USD	3 Qtrs
Contributions from partners	`ProceedsFromPartnershipContribution`	-	USD	Point-in-time
Distributions to partners	`DistributionsToPartners`	-	USD	3 Qtrs
Distributions to partners	`DistributionsToPartners`	-	USD	Point-in-time
Distributions to partners	`DistributionsToPartners`	$2.78M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$84.27M	USD	Point-in-time
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$51.22M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$93.78M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-20.77M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.59M	USD	3 Qtrs
Net (decrease) increase 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`	$19.55M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.97M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$54.87M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$22.71M	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`	$19.55M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.97M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$54.87M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$22.71M	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$752.00K	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Additions to asset retirement obligations	`IncreaseDecreaseInAssetRetirementObligations`	$1.84M	USD	3 Qtrs
Additions to asset retirement obligations	`IncreaseDecreaseInAssetRetirementObligations`	$97.00K	USD	3 Qtrs
Additions to asset retirement obligations	`IncreaseDecreaseInAssetRetirementObligations`	$15.00K	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Dividends declared, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	3 Qtrs
Dividends declared, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter
Dividend equivalents declared, per share (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.12	USD	1 Quarter
Balance	`StockholdersEquity`	$486.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$489.91M	USD	Point-in-time
Balance	`StockholdersEquity`	$473.45M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$474.23M	USD	Point-in-time
Balance	`StockholdersEquity`	$493.74M	USD	Point-in-time
Exercise of warrants	`StockIssuedDuringPeriodValueExerciseOfWarrants`	$5.47M	USD	1 Quarter
Shares issued upon options being exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	154,268.00	shares	3 Qtrs
Shares issued upon options being exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.57M	USD	1 Quarter
Compensation costs included in net income	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$966.00K	USD	1 Quarter
Compensation costs included in net income	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.02M	USD	1 Quarter
Compensation costs included in net income	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$905.00K	USD	1 Quarter
Compensation costs included in net income	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.51M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$4.74M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-56.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-85.03M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$18.53M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-4.15M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-56.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-11.52M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-80.83M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$8.05M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.74M	USD	1 Quarter
Restricted shares issued to outside directors	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Dividends declared	`DividendsCash`	$11.59M	USD	1 Quarter
Dividend equivalents declared on outstanding stock options	`DividendEquivalentsCash`	$1.19M	USD	1 Quarter
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
Balance	`StockholdersEquity`	$486.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$489.91M	USD	Point-in-time
Balance	`StockholdersEquity`	$473.45M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$474.23M	USD	Point-in-time
Balance	`StockholdersEquity`	$493.74M	USD	Point-in-time

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