Jim Cramer's Disinterest in HighPeak Energy Amidst Low Oil Prices

Reported 2 months ago

During a recent lightning round, Jim Cramer discussed HighPeak Energy (NASDAQ:HPK), expressing disinterest due to oil prices sitting at $62 a barrel. He noted that while Rusty Braziel previously praised the company, its performance is heavily reliant on oil prices, which currently do not entice him. HighPeak Energy reported a 6% increase in daily sales volumes and a net income of $36.3 million in their latest earnings.

Source: YAHOO

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