Highpeak Energy vs W&T Offshore
Highpeak Energy is the larger business, with $863m of revenue in fiscal 2025 against $501m for W&T Offshore (1.7 times as much). W&T Offshore grew faster (-4.5% against -22.7%). Highpeak Energy kept more of each dollar of sales as profit: a net margin of 2.2% against -29.9%.
| Latest fiscal year | Highpeak EnergyHPK, 2025 | W&T OffshoreWTI, 2025 |
|---|---|---|
| Revenue | $863m | $501m |
| Revenue growth | -22.7% | -4.5% |
| Net income | $19.0m | −$150m |
| Operating margin | 17.4% | -10.5% |
| Net margin | 2.2% | -29.9% |
| Return on equity | 1.2% | — |
| Free cash flow | $505m | $76.5m |
| Cash | $162m | $141m |
| Total debt | $1.19bn | $359m |
| Debt to equity | 74.8% | — |
| Dividend per share | $0.16 | — |
| Dividend yield | 1.0% | 1.1% |
| Share buybacks | $0 | — |
| Employees | — | 370 |
| Market value | $1.11bn | $539m |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 59 (Moderate) | 51 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 8 sales |