HighPeak Energy, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

HighPeak Energy, Inc. (NASDAQ: HPK) declared a quarterly dividend of $0.025 per share, set to be paid on August 25, 2022, to shareholders on record by the close of business on August 1, 2022. This decision reflects the company's ongoing commitment to provide returns to its investors. HighPeak, based in Fort Worth, Texas, specializes in the acquisition and development of oil and natural gas reserves in the Midland Basin, solidifying its position within the energy sector.

Positive

• Quarterly dividend of $0.025 per share indicates strong financial performance.
• Payment date of August 25, 2022, reinforces company commitment to shareholder returns.

Negative

• None.

FORT WORTH, Texas, July 14, 2022 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that its Board of Directors has approved a quarterly dividend of $0.025 per share of common stock outstanding. The dividend will be paid on August 25, 2022 to stockholders of record as of the close of business on August 1, 2022.

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 HPK and when will it be paid?

HighPeak Energy (HPK) announced a dividend of $0.025 per share, payable on August 25, 2022.

What is the record date for the HPK dividend?

The record date for the dividend payment is August 1, 2022.

How often does HighPeak Energy pay dividends?

HighPeak Energy has declared a quarterly dividend, indicating a commitment to regular payments.

Is HighPeak Energy's dividend sustainable?

The sustainability of HighPeak's dividend will depend on its ongoing financial performance and market conditions.