HighPeak Energy, Inc. Announces Quarterly Dividend, Payable on March 25, 2024
February 05, 2024 at 06:00 am EST
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HighPeak Energy, Inc. announced a 60% increase to its quarterly dividend to $0.04 per share and a $75 million share repurchase authorization. The company?s Board of Directors declared a quarterly dividend of $0.04 per share to be paid on March 25, 2024 to stockholders of record on March 1, 2024.
HighPeak Energy, Inc. is an independent crude oil and natural gas company. The Company is focused on the acquisition, development, exploration and exploitation of unconventional crude oil and natural gas reserves in the Midland Basin in West Texas. It focuses on brownfield the Midland Basin and specifically the Howard and Borden Counties area of the Midland Basin. Its assets include certain rights, title and interests in crude oil and natural gas assets located primarily in Howard and Borden Counties, Texas, and to a lesser extent, Scurry and Mitchell Counties, Texas. Its assets are located in the northeastern part of the Midland Basin. The Midland Basin is part of the Permian Basin of West Texas and Eastern New Mexico. The Permian Basin covers an area of about 96,000 square miles and is comprised of five sub-regions including the Midland Basin, the Central Basin Platform, the Delaware Basin, the Northwest Shelf and the Eastern Shelf.
HIGHPEAK ENERGY, INC. 
