Riley Exploration Permian

Riley Permian reports that takeaway capacities for wet and dry gas in the upper Delaware area have slowed growth, but expects the wet-gas pipeline acquired from Targa Resources to ease the bottlenecks in Q4 2025. The company is targeting roughly 30% production growth for 2026 and sees New Mexico as a key driver of the expansion. Q2 2025 production averaged 21,000 barrels/day (rising to 24,000 from April to June), capex was $87 million, leverage about 1.0x EBITDA; a $100 million buyback program is under way and dividend growth continues. » Więcej na de.investing.com

Riley Exploration Permian reported Q1 2026 EPS of -3.38 USD versus an expected 1.51 USD and revenue of 113.9 million USD (expectation 115.35 million USD). Negative revenues from gas and NGL businesses and substantial derivative losses led to a net loss. The stock fell after-hours by 7.11% to 34.23 USD. Management emphasizes operational efficiency but forecasts an EPS of 0.97 USD for upcoming quarters, which could weigh on investor confidence. » Więcej na de.investing.com

At the annual meeting, shareholders voted in favor of all seven nominated directors of Riley Exploration Permian and confirmed BDO USA as independent auditors for 2026. They also approved the second amendment to the 2021 Long Term Incentive Plan, which raises the available share cap by 2.8 million to 5,137,022 shares. The company also reported an unexpected Q1 2026 loss of -$3.38 per share and revenue of $113.9 million, both below expectations. » Więcej na de.investing.com

Riley Permian reported Q1 2026 production growth of 46% year‑over‑year and oil production of 20,200 barrels/day, while a reported GAAP net loss of $70 million was primarily due to unrealized losses from derivative valuations. Operationally the company generated $47 million of operating cash flow and adjusted EBITDAX of $61 million, and produced $24 million of free cash flow on period‑appropriate capex of $47 million. The sale of Dovetail Midstream for around $123 million materially reduced net debt and improved liquidity; dividends and share buybacks amounted to $12 million in the quarter. Riley confirmed strong production growth for 2026 (oil 22,000–23,000 MBbls/d) but remains heavily hedged against price risk (about 67% for 2026), limiting upside participation in oil price recoveries. » Więcej na de.investing.com

Riley Exploration Permian reported Q4 2025 EPS of $4.02 (expectation $1.06), while revenue of $97.28m missed the estimate of $110.43m. The company boosted net income and operating efficiency partly through a sale of midstream assets ($72m) and higher hedging gains ($20m); adjusted EBITDAX rose 3%. The stock rallied about 9.3% in premarket trading. For 2026, Riley plans production growth of more than 20% and capital expenditures of roughly $200m. » Więcej na de.investing.com