HighPeak Energy, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

HighPeak Energy, Inc. (NASDAQ: HPK) announced a quarterly dividend of $0.025 per share, set to be paid on May 25, 2023, to shareholders on record as of May 1, 2023. This decision underscores the company's commitment to returning value to its shareholders while maintaining a focus on its operations in the Midland Basin in West Texas. HighPeak is engaged in the acquisition, development, exploration, and exploitation of unconventional oil and natural gas reserves, contributing to its growth strategy.

Positive

• Quarterly dividend of $0.025 per share established, indicating financial stability and commitment to shareholders.
• Dividend payment scheduled for May 25, 2023, enhancing shareholder value.

Negative

• None.

FORT WORTH, Texas, April 11, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that, on April 10, 2023, its Board of Directors declared a quarterly dividend of $0.025 per share of common stock outstanding. The dividend will be paid May 25, 2023 to stockholders of record as of the close of business on May 1, 2023.

About HighPeak Energy, Inc.

HighPeak Energy, Inc. is a publicly traded independent oil and natural gas company, headquartered in Fort Worth, Texas, focused on the acquisition, development, exploration and exploitation of unconventional oil and natural gas reserves in the Midland Basin in West Texas. For more information, please visit our website at www.highpeakenergy.com.

Investor Contact:
Ryan Hightower
Vice President, Business Development
817.850.9204
rhightower@highpeakenergy.com

Source: HighPeak Energy, Inc.

FAQ

What is the dividend amount for HighPeak Energy, Inc. (HPK)?

HighPeak Energy, Inc. (HPK) declared a quarterly dividend of $0.025 per share.

When will HighPeak Energy, Inc. (HPK) pay its dividend?

The dividend will be paid on May 25, 2023.

What is the record date for HighPeak Energy, Inc. (HPK) dividend?

The record date for the dividend is May 1, 2023.

How frequently does HighPeak Energy, Inc. (HPK) pay dividends?

HighPeak Energy, Inc. has declared quarterly dividends as part of its commitment to returning value to its shareholders.