For Q1 FY2026 ended March 31, 2026, Riley Exploration Permian reported revenue of $113.9 million, up 11.2% year-over-year. However, net income was a loss of $70.4 million, compared to a profit in the prior year, driven by a 345.99% decline. Operating income fell 11.8% to $43.7 million, and diluted EPS was -$3.38. The company had $15.8 million in cash, $553.4 million in equity, and $240.7 million in long-term debt.
•Revenue grew 11.2% YoY to $113.9 million.
•Net loss of $70.4 million vs. profit in prior year.
•Operating income decreased 11.8% to $43.7 million.
•Diluted EPS was -$3.38, down 348.5% YoY.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Riley Exploration Permian, Inc., an independent oil and natural gas company provides the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico.
Its acreage is primarily located on contiguous blocks in Yoakum County, Texas; and oil and natural gas properties in the Yeso trend of the Permian Basin in Eddy County, New Mexico. The company is headquartered in Oklahoma City, Oklahoma.
What does Riley Exploration Permian, Inc. (REPX) do?
Riley Exploration Permian, Inc. is an independent oil and natural gas company focused on the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids. The company operates primarily in the Permian Basin, with acreage located in Yoakum County, Texas, and in the Yeso trend in Eddy County, New Mexico. Its business involves identifying and developing hydrocarbon reserves through drilling and production activities. The company's operations are concentrated in these two key areas, leveraging geological expertise to extract resources efficiently. As an independent producer, Riley Exploration Permian generates revenue by selling the oil, natural gas, and natural gas liquids it produces to various customers in the energy market.
Where is Riley Exploration Permian (REPX) listed and in what currency?
Riley Exploration Permian, Inc. is listed on the NYSE American exchange under the ticker symbol REPX. The company's financial reporting and trading are conducted in United States Dollars (USD). Being listed on a major U.S. exchange provides liquidity and visibility to investors. The NYSE American is known for listing smaller-cap companies and offers a regulated trading environment. Investors can buy and sell REPX shares during regular market hours, with prices quoted in USD. This listing also subjects the company to the reporting requirements of the U.S. Securities and Exchange Commission (SEC), ensuring transparency for shareholders.
What sector and industry does Riley Exploration Permian (REPX) operate in?
Riley Exploration Permian, Inc. operates in the Energy sector, specifically within the Oil & Gas E&P (Exploration and Production) industry. This industry involves the search for and extraction of crude oil and natural gas from underground reservoirs. As an E&P company, Riley Exploration Permian focuses on the upstream segment of the oil and gas value chain, which includes activities such as seismic testing, drilling wells, and bringing hydrocarbons to the surface. The company's operations are capital-intensive and subject to commodity price fluctuations. Its performance is closely tied to the prices of oil and natural gas, as well as the success of its drilling programs in the Permian Basin.
Where is Riley Exploration Permian (REPX) headquartered and what regions does it serve?
Riley Exploration Permian, Inc. is headquartered in Oklahoma City, Oklahoma, United States. The company's operations are geographically focused on the Permian Basin, one of the most prolific oil and gas regions in North America. Specifically, its acreage is located in Yoakum County, Texas, and in the Yeso trend of Eddy County, New Mexico. The Permian Basin spans West Texas and southeastern New Mexico and is known for its rich hydrocarbon deposits. By concentrating its activities in this region, the company benefits from existing infrastructure and geological knowledge. Riley Exploration Permian serves the broader energy market by supplying crude oil, natural gas, and natural gas liquids to customers, primarily in the United States.
How does Riley Exploration Permian (REPX) generate revenue?
Riley Exploration Permian, Inc. generates revenue through the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids. The company identifies and develops hydrocarbon reserves in the Permian Basin, specifically in Yoakum County, Texas, and Eddy County, New Mexico. Once extracted, these resources are sold to various customers, including refiners, marketers, and other end-users. Revenue is directly tied to the volume of production and the prevailing market prices for oil, natural gas, and natural gas liquids. The company's business model involves managing the costs of drilling and operations to maximize profitability. As an independent producer, it does not own refining or marketing operations, focusing solely on upstream activities.