HighPeak Energy Suspends Quarterly Dividend After Single $0.04 Payment
HighPeak Energy, an independent oil and gas producer in the Midland Basin, suspended its quarterly dividend in early 2026 after paying a single $0.04 per share distribution in the fourth quarter of 2025.
HighPeak Energy, Inc., an independent crude oil and natural gas company focused on unconventional reserves in the Midland Basin in West Texas, suspended its quarterly dividend in the first quarter of 2026 after making a single payment to shareholders in late 2025. Read more dividend announcements.
The company's board of directors had approved a quarterly dividend of $0.04 per share during the fourth quarter of 2025, representing a total payout of $5.0 million to stockholders. The dividend was paid during that quarter, marking the company's first regular distribution to shareholders.
The suspension came in early 2026, ending the dividend program after just one payment cycle. The company did not provide specific reasons for the suspension in its quarterly report.
| Dividend Details | Information |
|---|---|
| Amount | $0.04 per share |
| Total Payment | $5.0 million |
| Payment Quarter | Q4 2025 |
| Frequency | Quarterly (suspended Q1 2026) |
| Record Date | Not specified |
| Ex-Dividend Date | Not specified |
| Payment Date | Not specified |
Hedging Activity
As of December 31, 2025, HighPeak Energy maintained an active commodity hedging program covering both crude oil and natural gas production. The company held crude oil swaps extending through December 2027, with volumes ranging from 8,950 to 10,000 barrels per day at weighted average prices between $59.61 and $61.46 per barrel for WTI Cushing.
Natural gas hedges covered 30,000 to 31,556 MMBtu per day through March 2027, with Henry Hub prices locked in at $4.30 to $4.53 per MMBtu. The company also entered into basis swaps to manage the differential between WTI Cushing and Argus WTI Midland pricing.
HighPeak Energy is headquartered in Fort Worth, Texas, and trades as a publicly listed company focused on acquisition, development, and exploitation of unconventional oil and gas reserves in West Texas.