HighPoint Resources555 17th Street, Suite 3700 , Denver, Colorado, United States
Since Oct, 2019
HighPoint Resources was formed in 2018 as a combination of Bill Barrett Corporation and Fifth Creek Energy. The Company trades on the New York Stock Exchange under the ticker HPR. Our experienced operational team has built our asset portfolio through a combination of acquisitions and development activity focusing on oily and rural areas where we have extensive operational experience and expertise. The Company’s assets and development activities consist of contiguous acreage positions located primarily in the DJ Basin of Colorado where the Company has a focused portfolio consisting of key assets in the Northeast Wattenberg and Hereford Fields. We take great pride in the strong relationships we have cultivated with our land and mineral owners to ensure responsible energy development. This is not a commitment we take lightly, as the health, safety and wellbeing of our employees and stakeholders is of highest priority and core to our business and operations. We are committed to maintaining a disciplined business approach to effectively manage price cycles and be responsible stewards of capital. This philosophy underpins our commitment to shareholders and will continue to guide our returns-focused investment decisions going forward. Our favorable oil weighting, continuous focus on cost improvement, and low oil differentials has translated into peer leading operating margins. We will maintain a disciplined approach to capital allocation that will allow us to deliver a competitive growth profile, while retaining the financial flexibility to fund our growth activity.
Exclusively Rural and Oily Acreage Position in the DJ Basin
HighPoint Resources’ portfolio of properties is focused on the DJ Basin which supports long-term, lower-risk oil development. This program offers a large drilling inventory with substantial growth potential. We operate this asset with high working interests to maintain operational control and execute with a focus on increasing operating efficiencies to reduce costs and employing our technical expertise to improve results.
DJ Basin
Our large, continuous acreage position in the Northeast Wattenberg and Hereford Fields of the DJ Basin are located predominantly in rural areas of the eastern plains of Colorado and parts of southeastern Wyoming with an associated favorable regulatory environment. We expanded our core acreage position in December 2017 with the addition of the Hereford Field.
Committed to our Communities
HighPoint Resources is committed to being a responsible member of the communities in which we live, work and operate and we support the charitable endeavors of our employees and their families that make this a part of their personal lives. We believe that supporting local communities long-term fosters strong relationships and leaves a lasting economic and social benefit. Company contributions are considered individually with an emphasis on organizations that have a broad impact on the community. HighPoint sponsors many corporate charitable giving programs and matches employee contributions to maximize our charitable impact. HighPoint’s Matching Gifts program matches up to $500 per employee per year for donations to a charity that is qualified under Section 501(c)(3) of the Internal Revenue Code. We also support and encourage employees to take time off for volunteer causes and provide employees with paid time off for volunteer activities.
Mission
To sustainably deliver the energy that underpins our quality of life through safe, environmentally responsible operations and cooperative relationships with the communities where we do business, while delivering long-term value to shareholders.
We value a respectful work place and work practices, where
- All employees, customers, suppliers, and community members are treated fairly
- Diversity of perspectives and ideas is acknowledged and valued
- Communication is open and civil
- Conflict is addressed early and productively
- A culture of empowerment, transparency, and cooperation is embraced
We value both internal and external responsibility:
- By executing with a high degree of pride for truthfulness, quality, timeliness, cost, and resource management. We take accountability for mistakes and strive for continuous improvement.
- By acting with the highest level of integrity at all times and being sensitive to all of our stakeholders.
Company Name | HighPoint Resources |
Business Category | Oil & Gas |
Address | 555 17th Street Suite 3700 Denver Colorado United States ZIP: 80202 |
President | R. Scot Woodall |
Year Established | 2018 |
Employees | NA |
Memberships | Muscular Dystrophy Association,American Heart Association,Oilfield Helping Hands |
Hours of Operation | NA |
- Oil Production
- Gas Production
- Oil Exploration
- Gas Exploration