Mobile app version of munafa.best
Login or Join
 Learn then Earn
stockMarketNEWS

 story : : HighPeak Energy stock rises 10% as company explores possible sale #FinanceUSA #StockMarketNEWS HighPeak Energy Inc. HPK shares rose, following a halt, halted late Monday after the oil and natural

@stockMarketNEWS 6 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

: HighPeak Energy stock rises 10% as company explores possible sale #FinanceUSA #StockMarketNEWS
HighPeak Energy Inc. HPK shares rose, following a halt, halted late Monday after the oil and natural gas company said it was exploring strategic alternatives including a potential sale. HighPeak shares rose 10% after hours, following a brief trade halt that preceded the news. Shares rose 3.6% to close the regular session at .92. HighPeak said Credit Suisse and Wells Fargo have been retained as financial advisors. “Based on our forecast, we anticipate having self-sustaining operations and becoming cash flow positive in the second half of this year and then transitioning into consistent free cash flow generation thereafter,� the company said in a statement. “We believe we are currently trading at a substantial discount to our intrinsic value and our investors will benefit materially as we transition into a free cash flow mode.�


Munafa USA Munafa India Munafa NSE


Report

Login to follow story

More posts by @stockMarketNEWS

Munafa ebook, learn stock market trading

0 Comments

Sorted by latest first Latest Oldest Best

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme