Riley Exploration Permian (REPX) is rated a buy, driven by robust Q2 results, strong management execution, and a compelling risk/reward profile. REPX trades at a relative discount to peers and its historical multiples, with a superior balance sheet and attractive dividend yield. Production guidance was raised to 22,500-23,500 bbl/d (30% YoY growth), supported by outperformance at Silverback and upcoming infrastructure catalysts.
Riley Exploration Permian, Inc. (REPX) came out with quarterly earnings of $2.55 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.44 per share a year ago.
Riley Exploration Permian (REPX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 6 | $196.1 | $246.96 | $50.86 | 25.94% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 739 | $20,039.82 | $30,417.24 | $10,377.42 | 51.78% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 338 | $10,583.76 | $11,566.36 | $982.6 | 9.28% |
Point72 Asset Management LP Point72 Asset Management LP | 160,994 | $5.68M | $5.82M | $140,274.51 | 2.47% |
Keebeck Wealth Management Keebeck Wealth Management LLC | 11,758 | $387,544 | $425,757.18 | $38,213.18 | 9.86% |
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Bobby D. Riley CEO | AMEX Exchange | 76665T102 CUSIP |
| US Country | 122 Employees | 29 Jul 2026 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.