Riley Exploration Permian, Inc. Overview
Pro stress-test →Riley Exploration Permian, Inc. (NYSE American: REPX) is an oil and gas exploration and production company headquartered in Oklahoma City. In Q1 2026, the company generated 35.6 MBoe/d of total equivalent production with oil representing 20.2 MBbls/d, and produced $47 million in operating cash flow. The company focuses on the Permian Basin with a strategic emphasis on sustainable production growth and shareholder returns.
Strategic Profile
Pro stress-test →In 2025, the company executed a pivotal strategy including the Silverback acquisition that expanded undeveloped inventory by nearly 50%, a New Mexico midstream sale generating a $72 million pre-tax gain, and a $120 million debt reduction. Shareholders' equity rose $5.46 per share (22%), the regular dividend increased 5%, and a $100 million share repurchase program was authorized. Riley is positioned as a lean operator focused on capital discipline and returning cash to shareholders through dividends and buybacks.
Competitive Landscape
Pro stress-test →Riley competes in the Permian Basin with larger integrated majors (ExxonMobil, Chevron, ConocoPhillips) and independent E&P companies (Pioneer Natural Resources, Devon Energy, Diamondback Energy). As a mid-cap producer with ~21.6 million shares outstanding and $247 million debt, Riley differentiates through capital discipline, high working interest acreage, and a focus on shareholder cash returns rather than aggressive growth.
Industry Context
Riley Exploration Permian, Inc. operates in Oil and Gas.
Key facts
Founded: Not disclosed in available data · Headquarters: Oklahoma City, US · Employees: Not disclosed · Revenue: $114M (Q1 2026); ~$450M+ annualized · Market cap: ~$744M (based on 21.6M shares at ~$34.51 as of April 2026)