Riley Exploration Permian, Inc. (REPX)

Market Cap	652.43M
Revenue (ttm)	407.32M
Net Income (ttm)	115.99M
Shares Out	21.48M
EPS (ttm)	5.64
PE Ratio	5.38
Forward PE	4.47
Dividend	$1.52 (5.01%)
Ex-Dividend Date	Oct 24, 2024

Volume	232,494
Open	29.34
Previous Close	30.01
Day's Range	29.34 - 30.68
52-Week Range	21.27 - 37.15
Beta	1.28
Analysts	Strong Buy
Price Target	45.00 (+48.17%)
Earnings Date	Nov 6, 2024

About REPX

Riley Exploration Permian, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. The company’s activities are primarily focused on the Northwest Shelf and Yeso trend of the Permian Basin. Its acreage is primarily located on contiguous blocks in Yoakum County, Texas; and Eddy County, New Mexico. Riley Exploration Permian, Inc. is headquartered in Oklahoma City, Oklahoma.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• Founded: 2016
• Employees: 90
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: REPX
• Website: https://www.rileypermian.com

Financial Performance

In 2023, Riley Exploration Permian's revenue was $375.05 million, an increase of 16.57% compared to the previous year's $321.74 million. Earnings were $111.59 million, a decrease of -5.44%.

Analyst Forecast

According to one analyst, the rating for REPX stock is "Strong Buy" and the 12-month stock price forecast is $45.0.

Price Target

$45.0

(48.17% upside)

Analyst Consensus: Strong Buy