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.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
On April 22, 2026, Riley Exploration Permian Inc (REPX) shares rose 3.7% to a current price of $36.16. This movement comes as the stock trades within a 52-week
Riley Permian leverages conventional oil opportunities with low competition. REPX's strategic acquisitions, including Silverback, focus on prime, high-return acreage. Conventional well characteristics such as low decline rates and multiple paybacks enable robust free cash flow.
Riley Exploration Permian (REPX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.