Riley Exploration Permian
REPX
Market cap $610M

28.25 USD

+0.26

0.93%

At close Oct 4, 4:00 PM EDT

After hours

28.25

+0.00

0%

1 day

0.93%

5 days

5.49%

1 month

7.62%

3 months

2.43%

6 months

2.36%

Year to date

5.37%

1 year

2.91%

5 years

299.01%

About: Riley Exploration Permian Inc is engaged in the business of exploration for and production of oil and natural gas. The company operations are in Kansas Properties, and Tennessee Properties, among others.

Employees: 90

Energy Crude Petroleum & Natural Gas

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

314% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 14

160% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 15

24% more funds holding

Funds holding: 100 [Q1] → 124 (+24) [Q2]

1.82% more ownership

Funds ownership: 60.05% [Q1] → 61.87% (+1.82%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]

7% less capital invested

Capital invested by funds: $404M [Q1] → $377M (-$27M) [Q2]

24% less call options, than puts

Call options by funds: $1.31M | Put options by funds: $1.71M

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$38

35%

upside

Avg. target

$42

47%

upside

High target

$45

59%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Truist Securities Neal Dingmann 33% 1-year accuracy 2 / 6 met price target	35%upside $38	Buy Maintained	30 Sept 2024
Truist Securities Neal Dingmann 33% 1-year accuracy 2 / 6 met price target	59%upside $45	Buy Maintained	22 Jul 2024

See Analyst Rankings

Financial journalist opinion

Riley Exploration Permian: Production Results Continue To Be Solid

Riley delivered Q2 2024 production results near the high-end of guidance. It also increased oil production expectations by 2% for the full year. Riley's oil cut is in the high-60s, but it is making minimal revenues from its natural gas and NGLs.

Riley Exploration Permian: Production Results Continue To Be Solid

Zacks Investment Research

Riley Exploration Permian, Inc. (REPX) Lags Q2 Earnings and Revenue Estimates

Riley Exploration Permian, Inc. (REPX) came out with quarterly earnings of $1.61 per share, missing the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.37 per share a year ago.

Riley Exploration Permian, Inc. (REPX) Lags Q2 Earnings and Revenue Estimates

Riley Permian Reports Second Quarter 2024 Results

OKLAHOMA CITY , Aug. 7, 2024 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company"), today reported financial and operating results for the second quarter ended June 30, 2024. SECOND QUARTER 2024 HIGHLIGHTS Averaged 21.3 MBoe/d of total equivalent production (oil production of 14.7 MBbls/d) Generated $51.6 million of operating cash flow or $57.6 million before changes in working capital(1) Incurred total accrual (activity-based) capital expenditures before acquisitions of $21.4 million and cash capital expenditures before acquisitions of $19.3 million Generated Free Cash Flow(1) of $38.3 million Paid dividends of $0.36 per share in the second quarter for a total of $7.5 million Reduced debt outstanding by $20.0 million Raised $25.4 million in net proceeds from an equity offering Closed acquisition that added approximately 13,900 contiguous net acres to our New Mexico position Signed agreements to expand the scope of our power joint venture RPC Power, LLC ("RPC Power") and increased our ownership position from 35% to 50% MANAGEMENT COMMENTARY "We continue to execute our annual plan with overall positive results," said Bobby D.

Riley Permian Reports Second Quarter 2024 Results

Zacks Investment Research

Riley Exploration Permian, Inc. (REPX) Reports Next Week: Wall Street Expects Earnings Growth

Riley Exploration Permian (REPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Riley Exploration Permian, Inc. (REPX) Reports Next Week: Wall Street Expects Earnings Growth

Riley Permian Declares Quarterly Dividend and Schedules Second Quarter 2024 Earnings Release and Conference Call

OKLAHOMA CITY , July 11, 2024 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that its Board of Directors has approved a cash dividend on the Company's common stock in the amount of $0.36 per share. The dividend is payable on August 8, 2024 to stockholders of record as of the close of business on July 25, 2024.

Riley Permian Declares Quarterly Dividend and Schedules Second Quarter 2024 Earnings Release and Conference Call

Riley Exploration Permian Expands Power Generation JV To Make Better Use Of Natural Gas

Riley's Q1 2024 production ended up towards the high-end of expectations. It then made an acquisition that adds around 1,100 BOEPD in production, so full-year production should end up near the high-end of guidance too. Riley expanded the scope of its power generation JV to sell power to ERCOT.

Riley Exploration Permian Expands Power Generation JV To Make Better Use Of Natural Gas

Riley Permian: This Growing E&P Looks Good If You Can Stomach The Volatility

Riley Exploration Permian, Inc. is a small independent oil and gas exploration company operating in the Permian Basin of West Texas. Riley Exploration Permian has a strong free cash flow generation and pays a dividend yield of 4.93%. Despite its small size and lower dividend yield compared to peers, Riley Exploration Permian has been growing its dividend at a decent pace and is trading at an attractive valuation.

Riley Permian: This Growing E&P Looks Good If You Can Stomach The Volatility

Zacks Investment Research

Riley Exploration Permian, Inc. (REPX) Tops Q1 Earnings and Revenue Estimates

Riley Exploration Permian, Inc. (REPX) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.26 per share a year ago.

Riley Exploration Permian, Inc. (REPX) Tops Q1 Earnings and Revenue Estimates

Riley Permian Reports First Quarter 2024 Results

OKLAHOMA CITY , May 8, 2024 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company"), today reported financial and operating results for the first quarter ended March 31, 2024. FIRST QUARTER 2024 HIGHLIGHTS Averaged 20.4 MBoe/d of total equivalent production (oil production of 14.2 MBbls/d) Generated $56 million of operating cash flow or $58 million before changes in working capital Incurred total accrual (activity-based) capital expenditures before acquisitions of $26 million and cash capital expenditures before acquisitions of $35 million Generated Free Cash Flow(1) of $23 million Paid dividends of $0.36 per share in the first quarter for a total of $7 million Reduced debt outstanding by $15 million Signed agreement during the first quarter of 2024 and subsequently closed during the second quarter of 2024 on the purchase of oil and natural gas properties in Eddy County, New Mexico MANAGEMENT COMMENTARY "Our Company had a strong start to the year with both operational and financial performance during the first quarter," said Bobby D.

Riley Permian Reports First Quarter 2024 Results

Zacks Investment Research

Riley Exploration Permian, Inc. (REPX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Riley Exploration Permian (REPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Riley Exploration Permian, Inc. (REPX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

See News Rankings

Charts implemented using Lightweight Charts™