HighPeak Energy, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

HighPeak Energy, Inc. (NASDAQ: HPK) announced a quarterly dividend of $0.025 per share on April 13, 2022. This dividend is set to be paid on May 25, 2022, to shareholders registered by the close of business on May 2, 2022. The company, based in Fort Worth, Texas, specializes in the acquisition and development of oil and natural gas reserves in the Midland Basin of West Texas, emphasizing its commitment to generating returns for its investors.

Positive

• Quarterly dividend of $0.025 per share approved.
• Dividend payment reflects company confidence in financial stability.

Negative

• None.

FORT WORTH, Texas, April 13, 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 May 25, 2022 to stockholders of record as of the close of business on May 2, 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?

The dividend amount for HighPeak Energy (HPK) is $0.025 per share.

When will the HPK dividend be paid?

The HPK dividend will be paid on May 25, 2022.

What is the record date for the HPK dividend?

The record date for the HPK dividend is May 2, 2022.

How often does HighPeak Energy pay dividends?

HighPeak Energy pays dividends quarterly.

Is the dividend from HPK sustainable?

The sustainability of the HPK dividend depends on the company's ongoing financial performance and operational results.