Riley Exploration Permian, Inc. (REPX)

Market Cap	594.91M
Revenue (ttm)	375.05M
Net Income (ttm)	111.59M
Shares Out	21.42M
EPS (ttm)	5.58
PE Ratio	4.98
Forward PE	3.82
Dividend	$1.44 (5.18%)
Ex-Dividend Date	Apr 24, 2024

Volume	229,497
Open	28.31
Previous Close	28.27
Day's Range	27.48 - 28.78
52-Week Range	21.27 - 46.98
Beta	1.09
Analysts	Strong Buy
Price Target	53.00 (+90.79%)
Earnings Date	May 8, 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

Financial Performance

In 2023, REPX'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 $53.0.

Price Target

$53.0

(90.79% upside)

Analyst Consensus: Strong Buy