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.
Ethic Inc. lifted its position in Riley Exploration Permian, Inc. (NYSE: REPX) by 35.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,097 shares of the company's stock after acquiring an additional 4,177 shares during the period. Ethic Inc.
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.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Bobby D. Riley CEO | AMEX Exchange | 76665T102 CUSIP |
| US Country | 103 Employees | 21 Oct 2025 Last Dividend | 1 Mar 2021 Last Split | 28 Dec 1998 IPO Date |
Riley Exploration Permian, Inc. operates as an independent oil and natural gas company with a strategic focus on the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids. The company's operational footprint is significantly oriented towards the Northwest Shelf and Yeso trend within the prolific Permian Basin, which spans across parts of Texas and New Mexico. With headquarters in Oklahoma City, Oklahoma, Riley Exploration Permian, Inc. maintains its principal acreage on contiguous land blocks primarily situated in Yoakum County, Texas, and Eddy County, New Mexico. This strategic positioning allows the company to efficiently manage its exploration and production activities, capitalizing on the rich hydrocarbon resources in the region.
Riley Exploration Permian, Inc. invests significant resources in the exploration and production of oil. By leveraging advanced technology and innovative exploration techniques, the company is able to pinpoint and extract valuable oil resources. The focus on the Permian Basin, known for its rich oil reserves, allows Riley Exploration to maintain a steady supply of oil products for the market.
Alongside oil, natural gas is a primary focus for Riley Exploration Permian, Inc. The company's exploration activities extend to the discovery and development of natural gas resources. Through strategic exploration and development practices, Riley Exploration Permian, Inc. taps into the vast natural gas deposits of the Permian Basin, contributing to the growing supply of this essential energy source.
The production of natural gas liquids (NGLs) is another critical aspect of Riley Exploration Permian, Inc.'s operations. As a byproduct of natural gas processing and petroleum refining, NGLs such as ethane, propane, and butane hold significant value. The company's focus on the efficient extraction and processing of NGLs ensures the availability of these vital components for various industrial, commercial, and residential applications.