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
Website
CEO
Michael Rugen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
TENGASCO INC
SEC CIK
Corporate docs
IRS number
870267438
REPX stock data
Press releases
Riley Permian Reports Fiscal Third Quarter 2022 Financial and Operating Results
10 Aug 22
Riley Permian Schedules Fiscal Third Quarter 2022 Earnings Release and Conference Call
26 Jul 22
Riley Permian Declares Quarterly Cash Dividend
11 Jul 22
Riley Permian Announces Participation in Upcoming Investor Conferences
1 Jun 22
Calendar
10 Aug 22
12 Aug 22
30 Sep 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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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 | |
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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 |
Recent insider trades
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 |
Institutional ownership, Q1 2022
0.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0 |
Total shares | 8 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Ellevest | 8 | $0 |
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
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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
Financial reports
Current reports
8-K
Riley Permian Reports Fiscal Third Quarter 2022 Financial and Operating Results
10 Aug 22
8-K
Riley Permian Reports Fiscal Second Quarter 2022 Financial and Operating Results
11 May 22
8-K
Riley Permian Announces Credit Facility Extension and Increase in Borrowing Base
2 May 22
8-K
Submission of Matters to a Vote of Security Holders
24 Mar 22
8-K
Riley Permian Reports Fiscal First Quarter 2022 Financial and Operating Results
14 Feb 22
8-K
Riley Permian Announces Appointment of Rebecca Bayless to its Board of Directors and Schedules Release of Fiscal First Quarter 2022 Results
27 Jan 22
8-K
Riley Permian Reports Fiscal Fourth Quarter and Year End 2021 Financial and Operating Results
13 Dec 21
8-K
Riley Permian Announces Increase in Borrowing Base
14 Oct 21
8-K
Riley Permian Announces Update on EOR Project Updates and Declares Quarterly Cash Dividend
7 Oct 21
8-K
Departure of Directors or Certain Officers
3 Sep 21
Registration and prospectus
424B5
Prospectus supplement for primary offering
30 Jun 21
424B5
Prospectus supplement for primary offering
29 Jun 21
S-3/A
Shelf registration (amended)
6 May 21
S-3
Shelf registration
7 Apr 21
S-8
Registration of securities for employees
1 Mar 21
425
Business combination disclosure
18 Feb 21
425
Business combination disclosure
16 Feb 21
424B3
Prospectus supplement
2 Feb 21
425
Business combination disclosure
22 Jan 21
S-4/A
Registration of securities issued in business combination transactions (amended)
21 Jan 21
Other
EFFECT
Notice of effectiveness
13 May 21
CORRESP
Correspondence with SEC
9 May 21
EFFECT
Notice of effectiveness
3 Feb 21
CORRESP
Correspondence with SEC
28 Jan 21
CORRESP
Correspondence with SEC
30 Dec 20
UPLOAD
Letter from SEC
9 Dec 20
EFFECT
Notice of effectiveness
29 Dec 16
CORRESP
Correspondence with SEC
28 Dec 16
CORRESP
Correspondence with SEC
21 Dec 16
CORRESP
Correspondence with SEC
20 Dec 16
Ownership
4
Riley Exploration Permian / Kevin Riley ownership change
30 Jun 22
4
Riley Exploration Permian / BRYAN H LAWRENCE ownership change
14 Apr 22
4
Riley Exploration Permian / Philip A Riley ownership change
1 Apr 22
4
Riley Exploration Permian / BRYAN H LAWRENCE ownership change
17 Mar 22
4
Riley Exploration Permian / Bobby Riley ownership change
9 Mar 22
4
Riley Exploration Permian / E WAYNE NORDBERG ownership change
3 Mar 22
4
Riley Exploration Permian / Brent Alexander Arriaga ownership change
3 Mar 22
4
Riley Exploration Permian / Michael H Palmer ownership change
4 Feb 22
4
Riley Exploration Permian / Bobby Riley ownership change
4 Feb 22
4
Riley Exploration Permian / Kevin Riley ownership change
4 Feb 22
Reddit threads
Daily Discussion Thread - August 10th, 2022
10 Aug 22
Daily Discussion Thread - August 9th, 2022
9 Aug 22
r/Stocks Daily Discussion & Fundamentals Friday Jun 17, 2022
17 Jun 22
All Cash in my IRA and need advice
28 May 22
Questions on oil investments for the remainder of 2022
24 May 22
Daily Discussion Thread - May 11th, 2022
11 May 22
Daily Discussion Thread - May 10th, 2022
10 May 22
Daily Discussion Thread - May 9th, 2022
9 May 22
Daily Discussion Thread - April 28th, 2022
28 Apr 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22