Riley Exploration Permian (REPX)

Riley Exploration Permian, Inc. is an independent oil and natural gas company focused on steadily growing its reserves, production and cash flow through the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids, or NGLs, in the Permian Basin.

Company profile

Ticker

REPX

Exchange

NYSE

Website

www.rileypermian.com

CEO

Michael Rugen

Incorporated

Delaware

Location

Oklahoma

Fiscal year end

Sep 30

Sector

Mining, Quarrying, and Oil and Gas Extraction > Crude Petroleum and Natural Gas Extraction

Industry (SIC)

Crude Petroleum & Natural Gas

Petroleo Brasileiro S.A. Petrobras • Occidental Petroleum • Anadarko Petroleum • Apache • Chesapeake Energy • Devon Energy • Marathon Oil • EOG Resources • Pressburg • Ovintiv ...

Former names

TENGASCO INC

SEC CIK

0001001614

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

870267438

REPX stock data

1M 1Y 5Y

News

From Benzinga Pro

Riley Exploration Permian Q3 Sales $88.38M Beat $56.67M Estimate

10 Aug 22

Riley Exploration Permian (AMEX:REPX) reported quarterly sales of $88.38 million which beat the analyst consensus estimate of $56.67 million by 55.96 percent. This is a 109.69 percent increase over sales of $42.15

Earnings Scheduled For August 10, 2022

10 Aug 22

Companies Reporting Before The Bell • Wix.com (NASDAQ:WIX) is estimated to report earnings for its second quarter.

Looking Into Riley Exploration Permian's Return On Capital Employed

16 Jun 22

Benzinga Pro data, Riley Exploration Permian (AMEX:REPX) reported Q2 sales of $67.25 million. Earnings fell to a loss of $7.17 million, resulting in a 133.5% decrease from last quarter.

Press releases

From Benzinga Pro

Riley Permian Reports Fiscal Third Quarter 2022 Financial and Operating Results

10 Aug 22

OKLAHOMA CITY, Aug. 10, 2022 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE:REPX) ("Riley Permian" or the "Company"), today reported financial and operating results for the fiscal third quarter

Riley Permian Schedules Fiscal Third Quarter 2022 Earnings Release and Conference Call

26 Jul 22

OKLAHOMA CITY, July 26, 2022 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE:REPX) ("Riley Permian" or the "Company"), plans to release fiscal third quarter 2022 financial and operating results

Riley Permian Declares Quarterly Cash Dividend

11 Jul 22

OKLAHOMA CITY, July 11, 2022 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE:REPX) ("Riley Permian" or the "Company") today announced that its Board of Directors has declared a cash dividend on the

Riley Permian Announces Participation in Upcoming Investor Conferences

1 Jun 22

Calendar

10 Aug 22

12 Aug 22

30 Sep 22

Financial summary

Financial statements Chart REPX financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Sep 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	16.8M	16.8M	16.8M	16.8M	16.8M	16.8M
Cash burn (monthly)	936.33K	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	1.36M	n/a	n/a	n/a	n/a	n/a
Cash remaining	15.44M	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	16.5	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

REPX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
28 Jun 22	Kevin Riley	Common Stock, par value $0.001 per share	Sell	Dispose S	No	No	27.67	3,721	102.96K	175,749
14 Apr 22	Bryan H Lawrence	Common Stock, par value $0.001 per share	Sell	Dispose S	Yes	No	24.0235	285	6.85K	0
14 Apr 22	Bryan H Lawrence	Common Stock, par value $0.001 per share	Sell	Dispose S	Yes	No	23.7455	109,473	2.6M	285
13 Apr 22	Bryan H Lawrence	Common Stock, par value $0.001 per share	Sell	Dispose S	Yes	No	24.06	100	2.41K	109,758
13 Apr 22	Bryan H Lawrence	Common Stock, par value $0.001 per share	Sell	Dispose S	Yes	No	23.4614	70,776	1.66M	109,858
12 Apr 22	Bryan H Lawrence	Common Stock, par value $0.001 per share	Sell	Dispose S	Yes	No	25.0396	17,252	431.98K	180,634
12 Apr 22	Bryan H Lawrence	Common Stock, par value $0.001 per share	Sell	Dispose S	Yes	No	23.9675	17,898	428.97K	197,886
31 Mar 22	Philip A Riley	Common Stock, par value $0.001 per share	Buy	Acquire P	No	No	24.5	500	12.25K	45,092
16 Mar 22	Bryan H Lawrence	Common Stock, par value $0.001 per share	Other	Dispose J	Yes	No	0	400,000	0	215,784
16 Mar 22	Bryan H Lawrence	Common Stock, par value $0.001 per share	Other	Acquire J	No	No	0	4,786	0	4,786

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

REPX institutional ownership history Ownership history

0.0% owned by funds/institutions

13F holders	Current	Change
Total holders	1	NEW
Opened positions	1	NEW
Closed positions	0
Increased positions	0
Reduced positions	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	8	0	NEW
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Ellevest	8	$0	NEW

Largest transactions	Shares	Bought/sold	Change
Ellevest	8	+8	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Risks

A Terrorist attack or armed conflict could harm our business.
Recent regulatory restrictions on use of produced water and a moratorium on new produced water disposal wells in the Permian Basin to stem rising seismic activity and earthquakes could increase our operating costs and adversely impact our business, results of operations and financial condition.
Designation as “critical infrastructure” could subject us to additional regulation, including potential weatherization requirements.
Enhanced scrutiny on ESG matters could have an adverse effect on the Company’s operations.
We may be unable to quickly adapt to changes in market/investor priorities.
The adoption of climate change legislation or regulations restricting emissions of "greenhouse gases" could result in increased operating costs and reduced demand for the oil, NGL and natural gas we produce, while potential physical effects of climate change could disrupt our operations and cause us to incur significant costs in preparing for or responding to those effects.

Management Discussion

(1)The Company's calculation of the effects of derivative settlements includes losses on the settlement of its commodity derivative contracts. These losses are included under other income and expense on the Company’s condensed consolidated statements of operations.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: concurrent, currency, diplomatic, domestic, evidence, flat, foreign, foreseeable, heightened, oilfield, policy, prolong, recession, sharply, tightening, treasury, unabated

Removed: criteria, doubtful, evolving, impacting, participating, relief

From filing 10-Q 2022 Q3

Financial reports

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