Riley Exploration Permian (REPX) Stock Price, News & Analysis

Company Overview

Riley Exploration Permian, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. The company's activities are primarily focused on the Northwest Shelf and Yeso trend of the Permian Basin. Its acreage is primarily located on contiguous blocks in Yoakum County, Texas; and Eddy County, New Mexico. Riley Exploration Permian, Inc. is headquartered in Oklahoma City, Oklahoma.

Key Stats

• Today's Range: $35.53 to $36.92
• 50-Day Range: $25.95 to $35.87
• 52-Week Range: $21.27 to $36.92
• Volume: 103,724 shs
• Average Volume: 113,533 shs
• Market Capitalization: $791.54 million
• P/E Ratio: 6.53
• Dividend Yield: 4.12%
• Price Target: $45.00
• Consensus Rating: Buy

Riley Exploration Permian Stock Analysis - MarketRank™

Riley Exploration Permian scored higher than 73% of companies evaluated by MarketBeat, and ranked 52nd out of 266 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Riley Exploration Permian has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Riley Exploration Permian has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.52%

Earnings Growth

Earnings for Riley Exploration Permian are expected to grow by 12.52% in the coming year, from $6.39 to $7.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Riley Exploration Permian is 6.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.87.

Price to Earnings Ratio vs. Sector

The P/E ratio of Riley Exploration Permian is 6.53, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.46.

Price to Book Value per Share Ratio

Riley Exploration Permian has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for REPX.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Riley Exploration Permian is a leading dividend payer. It pays a dividend yield of 4.24%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Riley Exploration Permian does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Riley Exploration Permian is 26.95%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Riley Exploration Permian will have a dividend payout ratio of 21.14% next year. This indicates that Riley Exploration Permian will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for REPX.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.48

News Sentiment

Riley Exploration Permian has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Riley Exploration Permian this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for REPX on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Riley Exploration Permian insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $405,036.00 in company stock.

Percentage Held by Insiders

Only 3.90% of the stock of Riley Exploration Permian is held by insiders.

Percentage Held by Institutions

58.91% of the stock of Riley Exploration Permian is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

REPX Stock Analysis - Frequently Asked Questions

How have REPX shares performed this year?

Riley Exploration Permian's stock was trading at $27.24 at the start of the year. Since then, REPX shares have increased by 35.3% and is now trading at $36.85.
View the best growth stocks for 2024 here.

When did Riley Exploration Permian IPO?

Riley Exploration Permian (REPX) raised $100 million in an initial public offering on Wednesday, October 17th 2018. The company issued 6,700,000 shares at $14.00-$16.00 per share. SunTrust Robinson Humphrey, Seaport Global Securities and Capital One Securities served as the underwriters for the IPO and Imperial Capital and Roth Capital Partners were co-managers.

Who are Riley Exploration Permian's major shareholders?

Top institutional shareholders of Riley Exploration Permian include Geode Capital Management LLC (1.11%), Royce & Associates LP (0.96%), State Street Corp (0.94%) and Charles Schwab Investment Management Inc. (0.56%). Insiders that own company stock include Riley Exploration Ho Bluescape, Alvin Gerald Libin, Bryan H Lawrence, Riley Exploration Group, Llc, Bobby Riley, Kevin Riley, Corey Neil Riley, Philip A Riley and Brent Alexander Arriaga.
View institutional ownership trends.

How do I buy shares of Riley Exploration Permian?

Shares of REPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Riley Exploration Permian own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Riley Exploration Permian investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Ex-Dividend for 11/7 Dividend: 10/24/2024
• Dividend Payable: 11/07/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:REPX
• CUSIP: N/A
• CIK: 1001614
• Web: www.rileypermian.com
• Phone: (405) 415-8699
• Fax: 720-554-7622
• Employees: 50
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $45.00
• High Stock Price Target: $45.00
• Low Stock Price Target: $45.00
• Potential Upside/Downside: +22.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.64
• Trailing P/E Ratio: 6.53
• Forward P/E Ratio: 5.77
• P/E Growth: N/A
• Net Income: $111.59 million
• Net Margins: 28.48%
• Pretax Margin: 37.05%
• Return on Equity: 23.82%
• Return on Assets: 11.31%

Debt

• Debt-to-Equity Ratio: 0.53
• Current Ratio: 0.70
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: $375.05 million
• Price / Sales: 2.11
• Cash Flow: $8.41 per share
• Price / Cash Flow: 4.38
• Book Value: $23.62 per share
• Price / Book: 1.56

Miscellaneous

• Outstanding Shares: 21,480,000
• Free Float: 20,645,000
• Market Cap: $791.54 million
• Optionable: Optionable
• Beta: 1.34