Riley Exploration Permian

REPX

Market cap $759M

OKLAHOMA CITY, July 15, 2026 /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 $0.40 per share. The dividend is payable on August 12, 2026 to stockholders of record as of the close of business on July 29, 2026.

Riley Exploration Permian trades at a forward P/E of 5.5x, despite strong fundamentals and a transformed, lower-risk profile. REPX offers a 4.7% dividend yield with a five-year growth streak and a 50% payout ratio, supporting further increases if earnings hold. Recent asset sales and acquisitions have streamlined operations, reduced debt, and boosted production, with Q1 2026 results exceeding guidance.

Riley's Q1 2026 oil production exceeded its guidance midpoint by 5%. Riley's capex and lease operating expenses also came in better than expected. This resulted in an increase to its full-year production guidance, with only a modest increase in capex due to higher development activity levels.

Riley Exploration Permian (REPX) boasts highly profitable wells. REPX was already paying dividends, growing production, and reducing debt before the recent surge in oil prices. The stock trades at a low P/E ratio of 5, making it exceptionally cheap for a profitable U.S.-based operator.

Riley Exploration Permian REPX and Magnolia Oil & Gas MGY both operate in the U.S. Oil & Gas Exploration & Productionspace, but offer investors two different stories. Riley Exploration Permian is a faster-growing Permian Basin player.

Riley Exploration Permian (REPX) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Riley Exploration Permian  REPX is entering 2026 with a clear growth message: oil production is expected to rise sharply as the company accelerates drilling across its Texas and New Mexico assets. In the first quarter, REPX produced an average of 20.2 thousand barrels per day of oil and 35.6 thousand barrels of oil equivalent per day (MBOE/d) overall.

Riley Exploration Permian's Q1 beat, surging output and free cash flow spotlight a discounted growth-and-dividend story despite Permian gas constraints.

Riley Exploration Permian, Inc. (REPX) Q1 2026 Earnings Call Transcript

Riley Exploration Permian, Inc. (REPX) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $1.62 per share a year ago.