Highpeak Energy，Inc - HPK STOCK NEWS

HighPeak Energy, Inc. (NASDAQ: HPK) announced a quarterly dividend of $0.025 per share, reflecting the company’s commitment to returning value to shareholders. The dividend is set to be paid on February 25, 2022, to stockholders of record by February 1, 2022. HighPeak is focused on the acquisition and development of unconventional oil and natural gas reserves in the Midland Basin, Texas, emphasizing growth in its operational sector.

HighPeak Energy (NASDAQ: HPK) will join a fireside chat on November 22, 2021, at 2:00 p.m. ET, featuring CEO Jack Hightower and President Michael Hollis, moderated by Jeff Robertson of Water Tower Research. The discussion will cover the company's asset development program and the 2022 outlook. Interested parties can register to listen via the provided link. HighPeak Energy specializes in acquiring and developing oil and natural gas reserves in West Texas’s Midland Basin.

HighPeak Energy reported its Q3 2021 results with significant production growth, averaging 8,168 Boe/d, up to 15,500 Boe/d post-quarter. EBITDAX reached $33.3 million for Q3 and $91.8 million for nine months. The company successfully executed bolt-on acquisitions totaling 10,600 net acres, enhancing production. HighPeak declared dividends totaling $0.10 per share in 2021 and amended its credit facility to $195 million. With a robust outlook for 2022, the company aims for production rates of up to 42,000 Boe/d while maintaining capital expenses within $645-$700 million.

HighPeak Energy plans to release its Q3 2021 financial results on November 8, 2021. A conference call will follow on November 9, 2021, at 10:00 a.m. CT, for investors and analysts to discuss the results and operational highlights. Participants can join by calling (833) 362-0226 (U.S./Canada) or (914) 987-7683 (International) and using confirmation code 3399526. A live broadcast will be available on their website, with a replay posted post-call.

HighPeak Energy (NASDAQ: HPK) reported strong production and financial updates as of October 28, 2021. The company anticipates an average production of 15,000 barrels of oil equivalent per day (Boe/d) in late October, a significant increase from Q3's 8,168 Boe/d. It successfully closed multiple bolt-on acquisitions, adding 10,600 net acres. Additionally, HighPeak raised its borrowing base to $195 million, reflecting positive lender confidence. An underwritten public offering of 2,530,000 shares generated approximately $25.3 million in gross proceeds, aimed at funding growth initiatives.

HighPeak Energy, Inc. (NASDAQ: HPK) has priced its public offering of 2,200,000 shares at $10.00 each, aiming to raise around $20.2 million after expenses. A 30-day option for underwriters to buy an additional 330,000 shares is included. The funds will support general corporate purposes, notably accelerating drilling and funding acquisitions. The offering is set to close on October 25, 2021, pending customary conditions. Roth Capital Partners is the lead manager for this offering.

HighPeak Energy, Inc. (NASDAQ: HPK) has announced a quarterly dividend of $0.025 per share, reflecting a commitment to returning value to shareholders. The dividend will be paid on October 25, 2021, to stockholders of record as of the close of business on October 15, 2021. HighPeak focuses on the exploration and development of oil and natural gas in the Midland Basin of West Texas, aiming to maximize shareholder returns through strategic operations.

HighPeak Energy, Inc. (NASDAQ: HPK) has announced a public offering of 5,000,000 shares of its common stock. The Company may grant underwriters a 30-day option to purchase an additional 750,000 shares. Proceeds from this offering will be allocated for general corporate purposes, possibly accelerating drilling and development activities and funding acquisitions. Roth Capital Partners will manage the offering, which is contingent on market conditions. The offering is detailed in a registration statement pending effectiveness with the SEC.

HighPeak Energy announced that its Chairman and CEO, Jack Hightower, will present at the Enercom Oil & Gas Conference 2021 in Denver, Colorado on August 16, 2021, at 2:20 PM MT. Investors can access the presentation slides in the Investors section of the company’s website. HighPeak Energy is an independent oil and natural gas entity based in Fort Worth, Texas, focused on acquiring and developing oil and gas reserves in the Midland Basin, West Texas.