Riley Exploration PermianREPX
REPX
About: Riley Exploration Permian Inc is engaged in the business of exploration for and production of oil and natural gas. The company operations are in Kansas Properties, and Tennessee Properties, among others.
Employees: 90
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
334% more call options, than puts
Call options by funds: $1.07M | Put options by funds: $246K
14% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]
0.02% less ownership
Funds ownership: 62.51% [Q2] → 62.48% (-0.02%) [Q3]
4% less funds holding
Funds holding: 124 [Q2] → 119 (-5) [Q3]
6% less capital invested
Capital invested by funds: $381M [Q2] → $357M (-$23.9M) [Q3]
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$45
48%
upside
Avg. target
$45
48%
upside
High target
$45
48%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Truist Securities Neal Dingmann 34% 1-year accuracy 47 / 140 met price target | 48%upside $45 | Buy Maintained | 14 Nov 2024 |
Financial journalist opinion
Neutral
PRNewsWire
3 days ago
Riley Permian Announces Credit Facility Extension and Increase in Borrowing Base
OKLAHOMA CITY , Dec. 18, 2024 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that it recently completed an amendment to its senior secured revolving credit facility ("Credit Facility"). Credit Facility Amendment Highlights: Extended the facility maturity from April 2026 to December 2028 Increased the borrowing base and commitment levels by 7% from $375 million to $400 million Increased the syndicate to nine total lenders As of December 13, 2024, the Company had $117 million drawn on the Credit Facility with $283 million of availability.
Positive
Investors Business Daily
1 month ago
Two Oil Stocks Hit New Highs As They Ride The Trump Wave
Some energy stocks are still climbing after Donald Trump's presidential win on Nov. 5. These two reached new highs on Friday.
Neutral
Seeking Alpha
1 month ago
Riley Exploration Permian, Inc. (REPX) Q3 2024 Earnings Call Transcript
Riley Exploration Permian, Inc. (NYSE:REPX ) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Philip Riley - CFO Bobby Riley - Chairman and CEO John Suter - COO Conference Call Participants Neal Dingmann - Truist Securities John White - ROTH Capital Jeff Robertson - Water Tower Research Noel Parks - Tuohy Brothers Operator Good morning. My name is John, and I'll be your conference operator today.
Negative
Zacks Investment Research
1 month ago
Riley Exploration Permian, Inc. (REPX) Misses Q3 Earnings and Revenue Estimates
Riley Exploration Permian, Inc. (REPX) came out with quarterly earnings of $1.43 per share, missing the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $1.58 per share a year ago.
Neutral
PRNewsWire
1 month ago
Riley Permian Reports Third Quarter 2024 Results
OKLAHOMA CITY , Nov. 6, 2024 /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, 2024. THIRD QUARTER 2024 HIGHLIGHTS Averaged 23.4 MBoe/d of total equivalent production (oil production of 15.5 MBbls/d) Generated $72.1 million of operating cash flow or $60.5 million before changes in working capital(1) Incurred total accrual (activity-based) capital expenditures before acquisitions of $30.0 million and cash capital expenditures before acquisitions of $22.7 million Generated Free Cash Flow(1) of $37.8 million Paid dividends of $0.36 per share for a total of $8.1 million Reduced the principal value of debt outstanding by $35.0 million Completed the installation of our remaining electrical generation equipment used to power a portion of our field operations in Texas, with a total of 20 MW of installed capacity MANAGEMENT COMMENTARY Bobby D.
Negative
Zacks Investment Research
1 month ago
Earnings Preview: Riley Exploration Permian, Inc. (REPX) Q3 Earnings Expected to Decline
Riley Exploration Permian (REPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
PRNewsWire
2 months ago
Riley Permian Increases Dividend and Schedules Third Quarter 2024 Earnings Release and Conference Call
OKLAHOMA CITY , Oct. 10, 2024 /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 $0.38 per share. The dividend is payable on November 7, 2024 to stockholders of record as of the close of business on October 24, 2024.
Positive
Seeking Alpha
3 months ago
Riley Exploration Permian: Production Results Continue To Be Solid
Riley delivered Q2 2024 production results near the high-end of guidance. It also increased oil production expectations by 2% for the full year. Riley's oil cut is in the high-60s, but it is making minimal revenues from its natural gas and NGLs.
Negative
Zacks Investment Research
4 months ago
Riley Exploration Permian, Inc. (REPX) Lags Q2 Earnings and Revenue Estimates
Riley Exploration Permian, Inc. (REPX) came out with quarterly earnings of $1.61 per share, missing the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.37 per share a year ago.
Neutral
PRNewsWire
4 months ago
Riley Permian Reports Second Quarter 2024 Results
OKLAHOMA CITY , Aug. 7, 2024 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company"), today reported financial and operating results for the second quarter ended June 30, 2024. SECOND QUARTER 2024 HIGHLIGHTS Averaged 21.3 MBoe/d of total equivalent production (oil production of 14.7 MBbls/d) Generated $51.6 million of operating cash flow or $57.6 million before changes in working capital(1) Incurred total accrual (activity-based) capital expenditures before acquisitions of $21.4 million and cash capital expenditures before acquisitions of $19.3 million Generated Free Cash Flow(1) of $38.3 million Paid dividends of $0.36 per share in the second quarter for a total of $7.5 million Reduced debt outstanding by $20.0 million Raised $25.4 million in net proceeds from an equity offering Closed acquisition that added approximately 13,900 contiguous net acres to our New Mexico position Signed agreements to expand the scope of our power joint venture RPC Power, LLC ("RPC Power") and increased our ownership position from 35% to 50% MANAGEMENT COMMENTARY "We continue to execute our annual plan with overall positive results," said Bobby D.
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