Declared Dividend • Jul 17
First quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 29th July 2026 Payment date: 12th August 2026 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 122% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Jun 14
Chairman recently sold €940k worth of stock On the 10th of June, Bobby Riley sold around 30k shares on-market at roughly €31.35 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Bobby has been a net seller over the last 12 months, reducing personal holdings by €1.6m. New Risk • Jun 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (15% net profit margin). Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Bobby Saadati was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Apr 13
Riley Exploration Permian, Inc., Annual General Meeting, May 12, 2026 Riley Exploration Permian, Inc., Annual General Meeting, May 12, 2026. Duyuru • Mar 05
Riley Exploration Permian, Inc. Provides Production Guidance for the First Quarter of 2026 and Fiscal Year 2026 Riley Exploration Permian, Inc. provided production guidance for the first quarter of 2026 and fiscal year 2026. For the first quarter of 2026 guidance for total production of 33.2 - 34.0 MBoe/d (oil production of 19.0 - 19.5 MBbls/d).
Full-year 2026 guidance for total production of 35.0 - 37.0 MBoe/d (oil production of 21.0 - 22.0 MBbls/d). Duyuru • Feb 07
Riley Exploration Permian, Inc. Appoints Bobby Saadati as Independent Board Member, Effective February 4, 2026 Riley Exploration Permian, Inc. announced that Bobby Saadati has been named as an independent member of its board of directors, effective February 4, 2026. Bobby Saadati is a senior executive within the oil and gas industry, with a background spanning energy investing, operations, mergers and acquisitions, and corporate strategy. His executive experience includes overseeing numerous acquisitions and strategic transactions, as well as managing an extensive portfolio of producing assets and gas processing plants. Saadati has served as CEO of IKAV Energy USA since May 2020, leading the firm's North American platform. Previously, he served as Chairman of the board at Aera Energy and as a member of the board of directors of California Resources Corporation (CRC). He held prior leadership roles at Devon Energy, Jefferies and BP. Saadati holds a B.A. in political science from the University of California, San Diego, a J.D. from Trinity Law School, and an M.B.A. from the University of Chicago. Duyuru • Jan 28
Riley Exploration Permian, Inc. to Report Q4, 2025 Results on Mar 04, 2026 Riley Exploration Permian, Inc. announced that they will report Q4, 2025 results After-Market on Mar 04, 2026 Duyuru • Jan 09
Riley Exploration Permian, Inc. Declares Quarterly Dividend, Payable on February 5, 2026 Riley Exploration Permian, Inc. announced that its Board of Directors has approved a cash dividend on the Company's common stock in the amount of $0.40 per share. The dividend is payable on February 5, 2026, to stockholders of record as of the close of business on January 22, 2026. Duyuru • Dec 17
Riley Exploration Permian, Inc. (NYSEAM:REPX) announces an Equity Buyback for $100 million worth of its shares. Riley Exploration Permian, Inc. (NYSEAM:REPX) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its shares. The program will be funded from available funds. The program will be valid for 24 months. Duyuru • Dec 05
Targa Northern Delaware LLC acquired Dovetail Midstream, LLC from Riley Exploration Permian, Inc. (NYSEAM:REPX) for approximately $170 million. Targa Northern Delaware LLC acquired Dovetail Midstream, LLC from Riley Exploration Permian, Inc. (NYSEAM:REPX) for approximately $170 million on December 3, 2025. A cash consideration of $111 million will be paid by Targa Northern Delaware LLC. Targa Northern Delaware LLC will pay an earnout/contingent payment of $60 million cash on achieving certain volume-based performance thresholds over a five-year period. Closing proceeds from the transaction will be used to reduce borrowings on the Riley Exploration Permian's credit facility and to pay income taxes and transaction costs associated with the transaction.
Benjamin Barron of Vinson & Elkins LLP acted as legal advisor to Targa Northern Delaware LLC.
Targa Northern Delaware LLC completed the acquisition of Dovetail Midstream, LLC from Riley Exploration Permian, Inc. (NYSEAM:REPX) on December 3, 2025. Duyuru • Aug 07
Riley Exploration Permian, Inc. Provides Production Guidance for the Third Quarter, Fourth Quarter and Full Year of 2024 Riley Exploration Permian, Inc. provided production guidance for the third quarter, fourth quarter and full year of 2024. For the third quarter, the company expects guidance for oil production of 17.3 - 17.8 MBbls/d. The company expects guidance for total production of 29.8 - 30.6 MBoe/d.
For the fourth quarter, the company expects guidance for oil production of 18.0 - 18.8 MBbls/d. The company expects guidance for total production of 30.3 - 31.6 MBoe/d.
For the full year, the company expects guidance for oil production of 16.5 - 17.0 MBbls/d. The company expects guidance for total production of 27.0 - 28.0 MBoe/d. Duyuru • Jul 09
Riley Exploration Permian, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Riley Exploration Permian, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Duyuru • May 08
Riley Exploration Permian, Inc. Provides Production Guidance for Second Quarter and Full Year 2025 Riley Exploration Permian, Inc. Provided Production Guidance for second quarter and Full Year 2025. For the quarter, the company expects total production of 24.0 - 24.7 MBoe/d (oil production of 15.3 - 15.9 MBbls/d).
For the full year, the company expects total production of 23.8 - 24.9 MBoe/d (oil production of 15.2 - 15.7 MBbls/d). Duyuru • Apr 16
Riley Exploration Permian, Inc., Annual General Meeting, May 09, 2025 Riley Exploration Permian, Inc., Annual General Meeting, May 09, 2025. Duyuru • Mar 06
Riley Exploration Permian, Inc. Provides Production Guidance for the Full Year 2025 Riley Exploration Permian, Inc. provided production guidance for the full year 2025. For the year, the company expects total production of 24.6 - 25.6 MBoe/d (oil production of 15.8 - 16.3 MBbls/d). Duyuru • Jan 24
Riley Exploration Permian, Inc. to Report Q4, 2024 Results on Mar 05, 2025 Riley Exploration Permian, Inc. announced that they will report Q4, 2024 results After-Market on Mar 05, 2025 Duyuru • Jan 10
Riley Permian Declares Quarterly Dividend on Common Stock, Payable on February 6, 2025 Riley Exploration Permian, Inc. announced that its Board of Directors has approved a cash dividend on the Company's common stock in the amount of $0.38 per share. The dividend is payable on February 6, 2025, to stockholders of record as of the close of business on January 23, 2025. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to €31.40, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 75% over the past three years. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$1.22 (vs US$0.44 in 3Q 2023) Third quarter 2024 results: EPS: US$1.22 (up from US$0.44 in 3Q 2023). Revenue: US$102.3m (down 5.5% from 3Q 2023). Net income: US$25.7m (up 197% from 3Q 2023). Profit margin: 25% (up from 8.0% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 07
Riley Exploration Permian, Inc. Provides Production Guidance for the Fourth Quarter 2024 Riley Exploration Permian, Inc. provided production guidance for the fourth quarter 2024. For the quarter, the company expects Total Net Production to be 23.5 MBoe/d to 24.5 MBoe/d and Oil Net Production to be 15.5 MBbls/d to 16.1 MBbls/d. Declared Dividend • Oct 14
Second quarter dividend of US$0.38 announced Shareholders will receive a dividend of US$0.38. Ex-date: 24th October 2024 Payment date: 7th November 2024 Dividend yield will be 5.3%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 76% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Oct 02
Insider recently sold €255k worth of stock On the 1st of October, Corey Riley sold around 11k shares on-market at roughly €23.93 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €633k. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months. Recent Insider Transactions • Aug 21
Chairman recently sold €633k worth of stock On the 19th of August, Bobby Riley sold around 25k shares on-market at roughly €25.32 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Bobby has been a net seller over the last 12 months, reducing personal holdings by €1.8m. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: US$1.61 (vs US$1.68 in 2Q 2023) Second quarter 2024 results: EPS: US$1.61. Revenue: US$105.4m (up 5.5% from 2Q 2023). Net income: US$33.5m (up 1.5% from 2Q 2023). Profit margin: 32% (down from 33% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 39% growth forecast for the Oil and Gas industry in Germany. Duyuru • Aug 08
Riley Exploration Permian, Inc. Provides Production Guidance for the Third Quarter and Reiterates Production Guidance for the Full Year 2024 Riley Exploration Permian, Inc. provided production guidance for the third quarter and reiterated production guidance for the full year 2024. For the third quarter, the company expects Total Net Production of 21.0 MBoe/d to 23.0 MBoe/d and Net Oil Production of 14.8 MBbls/d to 15.3 MBbls/d. For the year, the company expects Total Net Production of 21.0 MBoe/d to 22.5 MBoe/d and Net Oil Production of 14.5 MBbls/d to 15.2 MBbls/d. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €21.80, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.28 per share. Buy Or Sell Opportunity • Jul 31
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to €26.00. The fair value is estimated to be €21.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 95% in the next 2 years. Recent Insider Transactions • Jul 16
Chairman recently sold €386k worth of stock On the 11th of July, Bobby Riley sold around 15k shares on-market at roughly €25.76 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Bobby has been a net seller over the last 12 months, reducing personal holdings by €1.2m. Declared Dividend • Jul 15
First quarter dividend of US$0.36 announced Shareholders will receive a dividend of US$0.36. Ex-date: 25th July 2024 Payment date: 8th August 2024 Dividend yield will be 5.1%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Jun 13
Chairman recently sold €248k worth of stock On the 10th of June, Bobby Riley sold around 10k shares on-market at roughly €24.73 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Bobby has been a net seller over the last 12 months, reducing personal holdings by €823k. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: US$0.94 (vs US$1.62 in 1Q 2023) First quarter 2024 results: EPS: US$0.94 (down from US$1.62 in 1Q 2023). Revenue: US$99.7m (up 49% from 1Q 2023). Net income: US$18.8m (down 41% from 1Q 2023). Profit margin: 19% (down from 48% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Duyuru • Apr 28
Riley Exploration Permian, Inc. Announces Executive Changes On April 26, 2024, Amber Bonney, the Chief Accounting Officer of Riley Exploration Permian, Inc. (the Company) informed the Company of her resignation to be effective June 1, 2024. Following the effective date of her resignation, Ms. Bonney is expected to become a consultant to the Company as of June 2, 2024. The Company approved the appointment of Jeffrey M. Gutman as the Chief Accounting Officer on April 26, 2024 with an effective date of June 1, 2024. Mr. Gutman was previously the Executive Vice President and Chief Financial Officer for Riley Exploration Permian, LLC (REP"), now a subsidiary of the Company, from 2018 through 2020. Prior to joining REP, he was a Managing Consultant for NXT Advisory and CFO Services from 2017 to 2018, during which time he served as Managing Consultant and Interim Chief Financial Officer for H20 Midstream Partners. Mr. Gutman was the co-founder, Chief Financial Officer and member of the board of directors of Sabinal Energy, LLC from 2016 to 2017 and was the Chief Financial Officer of Jefferson Energy Companies from 2015 to 2016. Mr. Gutman holds a Bachelor of Business Administration Accounting from Oklahoma State University. Duyuru • Apr 23
Riley Exploration Permian, Inc., Annual General Meeting, May 10, 2024 Riley Exploration Permian, Inc., Annual General Meeting, May 10, 2024, at 10:00 Central Standard Time. Agenda: To consider Election of six (6) directors to serve on the Company’s Board of directors for a one-year term ending at the Company’s annual meeting in 2024; to consider The ratification of the appointment of BDO USA, P.C. as company's independent registered public accounting firm for the year ending December 31, 2024; and to consider the approval of, through an advisory vote, company's named executive officer compensation. Declared Dividend • Apr 15
Fourth quarter dividend of US$0.36 announced Shareholders will receive a dividend of US$0.36. Ex-date: 24th April 2024 Payment date: 9th May 2024 Dividend yield will be 4.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €26.00, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 24% over the past three years. Duyuru • Apr 05
Riley Exploration Permian, Inc. has completed a Follow-on Equity Offering in the amount of $56.7 million. Riley Exploration Permian, Inc. has completed a Follow-on Equity Offering in the amount of $56.7 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,100,000
Price\Range: $27
Discount Per Security: $1.485 New Risk • Apr 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (81% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Significant insider selling over the past 3 months (€387k sold). Duyuru • Apr 04
Riley Exploration Permian, Inc. has filed a Follow-on Equity Offering. Riley Exploration Permian, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,100,000 Recent Insider Transactions • Mar 17
Chairman recently sold €387k worth of stock On the 13th of March, Bobby Riley sold around 15k shares on-market at roughly €25.78 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Bobby has been a net seller over the last 12 months, reducing personal holdings by €1.2m. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €25.20, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €20.13 per share. Buy Or Sell Opportunity • Mar 09
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 6.8% to €25.20. The fair value is estimated to be €20.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has grown by 74%. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Reported Earnings • Mar 07
Full year 2023 earnings released: EPS: US$5.66 (vs US$6.04 in FY 2022) Full year 2023 results: EPS: US$5.66 (down from US$6.04 in FY 2022). Revenue: US$375.0m (up 17% from FY 2022). Net income: US$111.6m (down 5.4% from FY 2022). Profit margin: 30% (down from 37% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • Mar 07
Riley Exploration Permian, Inc. Provides Production Guidance for the Full Year 2024 Riley Exploration Permian, Inc. provided production guidance for the full year 2024. For the year, the company expects guidance for oil production of 14.0 – 15.0 MBbls/d, corresponding to approximately 10% year-over-year growth at the midpoint. The company expects guidance for total production of 21.0 – 22.5 MBoe/d, corresponding to approximately 17% year-over-year growth at the midpoint, benefiting from the anticipated addition of natural gas processing capacity through the year. Duyuru • Feb 16
Riley Exploration Permian, Inc. to Report Q4, 2023 Results on Mar 06, 2024 Riley Exploration Permian, Inc. announced that they will report Q4, 2023 results After-Market on Mar 06, 2024 Duyuru • Jan 17
Riley Exploration Permian, Inc. Declares Quarterly Cash Dividend, Payable on February 8, 2024 Riley Exploration Permian, Inc. 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 February 8, 2024 to stockholders of record as of the close of business on January 25, 2024. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €21.20, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total loss to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €19.38 per share. Recent Insider Transactions • Jan 07
CEO & Chairman recently sold €188k worth of stock On the 3rd of January, Bobby Riley sold around 8k shares on-market at roughly €25.11 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Bobby has been a net seller over the last 12 months, reducing personal holdings by €796k. Duyuru • Dec 27
Riley Exploration Permian, Inc. Announces Resignation of Kevin Riley, the Company’s President, Will Be Resigning Effective December 31, 2023 On December 21, 2023, Riley Exploration Permian, Inc. announced that Kevin Riley, the Company’s President, will be resigning effective December 31, 2023. At the same time, Kevin Riley will resign from all positions he holds with the Company’s subsidiaries and joint ventures. Bobby D. Riley, the Company’s Chief Executive Officer and Chairman of its Board of Directors, will assume the role of President of the Company, effective as of the Resignation Date. For further information regarding Bobby D. Riley. There will be no change in compensation for Bobby D. Riley in connection with his assumption of these responsibilities. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €24.40, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total loss to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €19.05 per share. Duyuru • Nov 08
Riley Exploration Permian, Inc. Provides Production Guidance for Fourth Quarter of 2023 Riley Exploration Permian, Inc. provided production guidance for fourth quarter of 2023. For the quarter the company expects the total production in the range of 18.2 MBoe/d to 19.0 MBoe/d. Oil production of 13.0 MBbl/d to 13.5 MBbl/d. Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: US$0.44 (vs US$3.06 in 3Q 2022) Third quarter 2023 results: EPS: US$0.44 (down from US$3.06 in 3Q 2022). Revenue: US$108.3m (up 23% from 3Q 2022). Net income: US$8.65m (down 86% from 3Q 2022). Profit margin: 8.0% (down from 68% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Oil and Gas industry in Germany. New Risk • Nov 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 28% Last year net profit margin: 63% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (96% net debt to equity). Dividend is not well covered by cash flows (93% cash payout ratio). Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (28% net profit margin). Duyuru • Oct 19
Riley Exploration Permian, Inc. to Report Q3, 2023 Results on Nov 07, 2023 Riley Exploration Permian, Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 Upcoming Dividend • Oct 18
Upcoming dividend of US$0.36 per share at 4.2% yield Eligible shareholders must have bought the stock before 25 October 2023. Payment date: 09 November 2023. Payout ratio is a comfortable 26% and the cash payout ratio is 86%. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.6%). Duyuru • Oct 13
Riley Exploration Permian, Inc. Approves Increases in Quarterly Cash Dividend, Payable on November 9, 2023 Riley Exploration Permian, Inc. 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 November 9, 2023 to stockholders of record as of the close of business on October 26, 2023. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €25.80, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 18% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €17.85 per share. New Risk • Aug 08
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 100% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks High level of debt (100% net debt to equity). Dividend is not well covered by cash flows (90% cash payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Significant insider selling over the past 3 months (€97k sold). Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: US$1.68 (vs US$1.97 in 2Q 2022) Second quarter 2023 results: EPS: US$1.68 (down from US$1.97 in 2Q 2022). Revenue: US$99.9m (up 13% from 2Q 2022). Net income: US$33.1m (down 14% from 2Q 2022). Profit margin: 33% (down from 44% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 1.5% growth forecast for the Oil and Gas industry in Germany. Duyuru • Jul 28
Riley Exploration Permian, Inc. to Report Q2, 2023 Results on Aug 07, 2023 Riley Exploration Permian, Inc. announced that they will report Q2, 2023 results After-Market on Aug 07, 2023 Duyuru • Jul 12
Riley Exploration Permian, Inc. Declares Quarterly Cash Dividend, Payable on August 3, 2023 Riley Exploration Permian, Inc. announced that its Board of Directors has approved a cash dividend on the Company's common stock in the amount of $0.34 per share. The dividend is payable on August 3, 2023 to stockholders of record as of the close of business on July 20, 2023. Recent Insider Transactions • Jul 04
President recently sold €97k worth of stock On the 29th of June, Kevin Riley sold around 3k shares on-market at roughly €32.25 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €608k. Kevin has been a net seller over the last 12 months, reducing personal holdings by €603k. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €37.00, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 48% over the past year. Duyuru • May 10
Riley Exploration Permian, Inc. Announces Production Guidance for Second Quarter and Full Year Ending 2023 Riley Exploration Permian, Inc. announced production guidance for second quarter and full year ending 2023. For the quarter the company expects the Total production of 20.0 MBoe/d to 21.0 MBoe/d. Oil production of 14 MBbl/d to 15 MBbl/d. For the year the company expects the Total production of 18.4 MBoe/d to 19.2 MBoe/d. Oil production of 12.8 MBbl/d to 13.4 MBbl/d. Reported Earnings • May 10
First quarter 2023 earnings released: EPS: US$2.01 (vs US$0.37 loss in 1Q 2022) First quarter 2023 results: EPS: US$2.01 (up from US$0.37 loss in 1Q 2022). Revenue: US$67.0m (flat on 1Q 2022). Net income: US$40.5m (up US$49.8m from 1Q 2022). Profit margin: 61% (up from net loss in 1Q 2022). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Oil and Gas industry in Germany. Upcoming Dividend • Apr 17
Upcoming dividend of US$0.34 per share at 2.9% yield Eligible shareholders must have bought the stock before 24 April 2023. Payment date: 09 May 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.7%). Recent Insider Transactions • Apr 16
CEO & Chairman recently sold €608k worth of stock On the 13th of April, Bobby Riley sold around 15k shares on-market at roughly €40.52 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Bobby has been a net seller over the last 12 months, reducing personal holdings by €888k. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €34.60, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 49% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €61.33 per share. Reported Earnings • Mar 10
Full year 2022 earnings released: EPS: US$6.04 (vs US$4.40 in FY 2021) Full year 2022 results: EPS: US$6.04 (up from US$4.40 in FY 2021). Revenue: US$321.7m (up 41% from FY 2021). Net income: US$118.0m (up 38% from FY 2021). Profit margin: 37% (in line with FY 2021). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Oil and Gas industry in Germany. Upcoming Dividend • Jan 17
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 24 January 2023. Payment date: 08 February 2023. Payout ratio is a comfortable 36% and the cash payout ratio is 89%. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.2%). Duyuru • Jan 12
Riley Exploration Permian, Inc. Declares Quarterly Cash Dividend, Payable on February 8, 2023 Riley Exploration Permian, Inc. announced that its Board of Directors has approved a cash dividend on the Company's common stock in the amount of $0.34 per share. The dividend is payable on February 8, 2023 to stockholders of record as of the close of business on January 25, 2023. Recent Insider Transactions • Dec 15
President recently sold €196k worth of stock On the 13th of December, Kevin Riley sold around 8k shares on-market at roughly €26.14 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kevin has been a net seller over the last 12 months, reducing personal holdings by €396k. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €24.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total returns to shareholders of 61% over the past year. Duyuru • Nov 15
Riley Exploration Permian, Inc. Provides Production Guidance for the Fourth Quarter 2022 Riley Exploration Permian, Inc. provided production guidance for the fourth quarter 2022. For the quarter, the company expects based on currently scheduled development activity, the oil production to average 9.4 MBbls per day to 9.9 MBbls per day, with the midpoint average representing 2.5% quarter-over-quarter growth and 33% year-over-year growth. Based on estimates of available gas processing capacity, total equivalent production to average 12.6 MBoe per day to 13.2 MBoe per day. Duyuru • Oct 27
Riley Exploration Permian, Inc. to Report Q4, 2022 Results on Nov 14, 2022 Riley Exploration Permian, Inc. announced that they will report Q4, 2022 results After-Market on Nov 14, 2022 Duyuru • Oct 11
Riley Exploration Permian, Inc. Increases Quarterly Cash Dividend, Payable on November 7, 2022 Riley Exploration Permian, Inc. announced that its Board of Directors has declared a cash dividend on the Company's common stock in the amount of $0.34 per share. The dividend is payable on November 7, 2022 to stockholders of record as of the close of business on October 24, 2022. Recent Insider Transactions • Sep 29
Insider recently bought €52k worth of stock On the 27th of September, Alvin Libin bought around 3k shares on-market at roughly €16.86 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €400k more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorated over the past week After last week's 21% share price decline to €17.40, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total loss to shareholders of 13% over the past year. Recent Insider Transactions • Aug 20
President recently sold €103k worth of stock On the 18th of August, Kevin Riley sold around 4k shares on-market at roughly €27.13 per share. This was the largest sale by an insider in the last 3 months. Kevin has been a seller over the last 12 months, reducing personal holdings by €200k. Reported Earnings • Aug 12
Third quarter 2022 earnings released: EPS: US$1.97 (vs US$1.16 loss in 3Q 2021) Third quarter 2022 results: EPS: US$1.97 (up from US$1.16 loss in 3Q 2021). Revenue: US$88.4m (up 110% from 3Q 2021). Net income: US$38.6m (up US$59.1m from 3Q 2021). Profit margin: 44% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 7.9%, compared to a 43% growth forecast for the industry in Germany. Duyuru • Aug 11
Riley Exploration Permian, Inc. Provides Production Guidance for the Fourth Quarter and Full Year 2022 Riley Exploration Permian, Inc. provided production guidance for the fourth quarter and full year 2022. For the quarter, the company forecasts fiscal fourth quarter 2022 oil production to average 8.2 MBbls per day to 8.6 MBbls per day, with the midpoint average representing 21% year-over-year growth. The midstream gas gathering and processing expansion project has been fully commissioned. Following completion of the expansion project in mid July, the Company has realized a larger volume of contractual, firm capacity, which has led to increased sales for natural gas and NGLs and reduced flaring. However, despite the physical and contractual increases in processing capacity, the Company is currently producing natural gas in excess of contractual minimum processing capacity, which will lead to continued, partial curtailment. Based on estimates of available gas processing capacity, the company forecast total equivalent production to average 11.1 MBoe per day to 11.6 MBoe per day for the fiscal fourth quarter.The company forecast full-year fiscal 2022 oil production to average 7.8 MBbls per day to 7.9 MBbls per day (corresponding to approximately 2.9 MMBbls), representing 22% to 24% growth from fiscal year 2021 average oil production and corresponding with upward revisions from previously provided growth estimates of 17% to 22% during the prior quarter. Further, the company forecast that full-year fiscal 2022 total equivalent production could average 10.3 MBoe per day to 10.4 MBoe per day. Duyuru • Jul 28
Riley Exploration Permian, Inc. to Report Q3, 2022 Results on Aug 10, 2022 Riley Exploration Permian, Inc. announced that they will report Q3, 2022 results After-Market on Aug 10, 2022 Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improved over the past week After last week's 16% share price gain to €26.60, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total returns to shareholders of 59% over the past year. Upcoming Dividend • Jul 15
Upcoming dividend of US$0.31 per share Eligible shareholders must have bought the stock before 22 July 2022. Payment date: 08 August 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.4%). Duyuru • Jul 12
Riley Permian Declares Quarterly Cash Dividend, Payable on August 8, 2022 Riley Exploration Permian, Inc. announced that its Board of Directors has declared quarterly cash dividend on the Company's common stock in the amount of $0.31 per share. The dividend is payable on August 8, 2022 tostockholders of record as of the close of business on July 25, 2022. 
