Riley Exploration Permian Aktie News

OKLAHOMA CITY , May 8, 2024 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company"), today reported financial and operating results for the first quarter ended March 31, 2024. FIRST  QUARTER 2024 HIGHLIGHTS Averaged 20.4 MBoe/d of total equivalent production (oil production of 14.2 MBbls/d) Generated $56 million of operating cash flow or $58 mill...

Yet again, the Oracle of Omaha has bolstered his stake in a media giant's tracking stocks, even with shares in retreat.

OKLAHOMA CITY , April 11, 2024 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that its Board of Directors has approved a cash dividend on the Company's common stock in the amount of $0.36 per share. The dividend is payable on May 9, 2024 to stockholders of record as of the close of business on April 25, 2024.

OKLAHOMA CITY , April 9, 2024 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that members of its management team will participate in a fireside chat with Jeff Robertson of Water Tower Research on Wednesday, April 10th at 11:00am ET. The discussion will focus on Riley Permian's business strategy and growth plans.

OKLAHOMA CITY , April 4, 2024 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") announced today the pricing of its previously announced underwritten public offering of 2,100,000 shares of its common stock at a price to the public of $27.00 per share (the "Offering"), which includes 700,000 shares being offered by the Company and 1,400,000 s...

OKLAHOMA CITY , April 3, 2024 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") announced today that it has commenced an underwritten public offering of 2,100,000 shares of its common stock (the "Offering"), which includes 700,000 shares being offered by the Company and 1,400,000 shares being offered by certain of the Company's stockholders...

5.22% dividend yield, maintained even at $40/bbl WTI. Strong free cash flow, at $75/bbl WTI REPX expects $100 million in FCF for 2024. Estimated 18.3% production growth for 2024 without a meaningful increase in costs. Strong geographic position, operating in a lower-cost and lower-decline rate location compared to the median Permian field.

Riley Exploration Permian is projected to generate $119 million in 2024 free cash flow at the current strip. This free cash flow generation is combined with mid-to-high single-digit production growth from 2H 2023 levels. The Company's leverage should drop below 1.0x by late 2024.