Riley Exploration Permian

REPX

Market cap $603M

Riley Exploration Permian, Inc. ( REPX ) Q3 2025 Earnings Call November 6, 2025 10:00 AM EST Company Participants Philip Riley - CFO & Executive VP of Strategy Bobby Riley - Chairman, CEO & President John Suter - Chief Operating Officer Conference Call Participants Derrick Whitfield - Texas Capital Securities, Research Division Jeffrey Robertson - Water Tower Research LLC Nicholas Pope - ROTH Capital Partners, LLC, Research Division Noel Parks - Tuohy Brothers Investment Research, Inc. Presentation Operator Ladies and gentlemen, thank you for standing by. Hello. My name is Dustin, and I will be your conference operator today.

Riley Exploration Permian, Inc. (REPX) came out with quarterly earnings of $0.77 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.43 per share a year ago.

OKLAHOMA CITY , Nov. 5, 2025 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company"), today reported financial and operating results for the third quarter ended September 30, 2025. THIRD QUARTER 2025 AND RECENT HIGHLIGHTS Averaged 32.3 MBoe/d of total equivalent production (oil production of 18.4 MBbls/d) Generated $64 million of operating cash flow or $54 million before changes in working capital(1), $25 million of Total Free Cash Flow(1) and $39 million of Upstream Free Cash Flow(1) Incurred total accrual (activity-based) capital expenditures before acquisitions of $18 million ($13 million for upstream) and cash capital expenditures before acquisitions of $29 million ($15 million for upstream) Closed on the acquisition of Silverback Exploration II, LLC and its subsidiaries ("Silverback") for $120 million in cash plus $3.1 million in contingent consideration, subject to final purchase price adjustments, and began integration of the assets Increased annual dividend by 5% to $0.40 per share during October 2025 UPDATED GUIDANCE HIGHLIGHTS Raising guidance for full-year oil production by 2% at the midpoint (4% at the midpoint for the fourth quarter 2025) Maintaining guidance for full-year total capital expenditures and investments (at the midpoint) Bobby Riley, Chief Executive Officer and Chairman of the Board commented, "Riley Permian delivered another solid quarter, marked by disciplined execution and strategic progress.

Riley Exploration Permian increased its quarterly dividend to $0.40 per share, which is around $35 million per year. REPX may have around $80 million in 2026 midstream project capex. This could result in a slight cash burn before dividends for Riley in 2026 at high-$50s oil.

OKLAHOMA CITY , Oct. 7, 2025 /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 November 6, 2025 to stockholders of record as of the close of business on October 21, 2025.

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Riley is increasing its 2025 capex budget by close to $35 million. This is going towards additional midstream spending as well as replenishing its DUCs. Riley also expects to turn a couple additional net wells to sales in 2025.

Riley Permian's recent acquisitions and expansion into midstream and power projects strengthen its growth prospects and market access. Despite a 20% revenue drop due to lower oil prices, strong net income and disciplined hedging support financial stability. Management balances investments, debt reduction, and shareholder returns, highlighted by a 6% dividend yield and manageable net debt.

Riley Exploration Permian, Inc. (NYSE:REPX ) Q2 2025 Earnings Conference Call August 7, 2025 10:00 AM ET Company Participants Bobby D. Riley - Chairman, CEO & President Daniel Doherty - Corporate Participant Philip A.

Riley Permian (REPX) Q2 EPS Jumps 45%