Riley Exploration Permian

REPX

Market cap $782M

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.

OKLAHOMA CITY, May 6, 2026 /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, 2026. FIRST QUARTER 2026 HIGHLIGHTS Reported 35.6 MBoe/d of total equivalent production (oil production of 20.2 MBbls/d) Generated $47 million of operating cash flow or $55 million before changes in working capital(1) and $24 million of Total Free Cash Flow(1) Incurred total accrual (activity-based) capital expenditures before acquisitions of $47 million and cash capital expenditures before acquisitions of $31 million Reduced debt by $8 million with a quarter-end debt-to-Adjusted EBITDAX(1) ratio of 1.0x(2) Repurchased 152 thousand shares of stock for $4 million Bobby Riley, Chief Executive Officer and Chairman of the Board commented, "Our first quarter results reflect strong operational execution, with production exceeding guidance and capital spending below expectations.

Riley Exploration Permian (REPX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.