HighPeak Energy, Inc. Announces Quarterly Dividend
Rhea-AI Summary
HighPeak Energy (NASDAQ: HPK) has announced a quarterly cash dividend of $0.04 per share on its common stock. The dividend will be paid on March 25, 2025 to stockholders of record as of March 3, 2025. HighPeak Energy is an independent crude oil and natural gas company based in Fort Worth, Texas, focusing on unconventional crude oil and natural gas reserves in the Midland Basin in West Texas.
Positive
- Maintaining consistent dividend payments, indicating stable cash flow
- Commitment to shareholder returns through dividend distribution
Negative
- Low dividend amount of $0.04 per share might indicate excess cash flow
News Market Reaction 1 Alert
On the day this news was published, HPK declined 1.86%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
FORT WORTH, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that its Board of Directors has declared a quarterly cash dividend of
About HighPeak Energy, Inc.
HighPeak Energy, Inc. is a publicly traded independent crude oil and natural gas company, headquartered in Fort Worth, Texas, focused on the acquisition, development, exploration and exploitation of unconventional crude 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.