Roth Capital Has Pessimistic Outlook of REPX Q1 Earnings

Riley Exploration Permian, Inc. (NYSE:REPX - Free Report) - Equities researchers at Roth Capital cut their Q1 2025 EPS estimates for shares of Riley Exploration Permian in a research note issued to investors on Monday, November 18th. Roth Capital analyst J. White now forecasts that the company will post earnings of $1.70 per share for the quarter, down from their prior forecast of $1.76. The consensus estimate for Riley Exploration Permian's current full-year earnings is $6.37 per share. Roth Capital also issued estimates for Riley Exploration Permian's Q2 2025 earnings at $1.65 EPS, Q3 2025 earnings at $2.07 EPS, Q4 2025 earnings at $2.17 EPS and FY2025 earnings at $7.59 EPS.

Separately, Truist Financial boosted their target price on Riley Exploration Permian from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Thursday, November 14th.

Riley Exploration Permian Stock Up 0.8 %

Shares of NYSE REPX traded up $0.29 during trading on Wednesday, hitting $34.98. 52,267 shares of the company traded hands, compared to its average volume of 125,272. The firm has a market capitalization of $751.48 million, a price-to-earnings ratio of 6.15 and a beta of 1.34. The business's fifty day moving average is $28.56 and its 200 day moving average is $27.83. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.64 and a current ratio of 0.70. Riley Exploration Permian has a fifty-two week low of $21.27 and a fifty-two week high of $35.40.

Riley Exploration Permian Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Thursday, October 24th were given a $0.38 dividend. The ex-dividend date of this dividend was Thursday, October 24th. This represents a $1.52 annualized dividend and a yield of 4.35%. This is an increase from Riley Exploration Permian's previous quarterly dividend of $0.36. Riley Exploration Permian's dividend payout ratio (DPR) is presently 26.95%.

Insider Buying and Selling at Riley Exploration Permian

In other news, CEO Bobby Riley sold 8,981 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $26.49, for a total value of $237,906.69. Following the completion of the sale, the chief executive officer now directly owns 326,375 shares of the company's stock, valued at $8,645,673.75. This represents a 2.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Riley Exploration Permian

Several institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC lifted its stake in Riley Exploration Permian by 95.5% during the 2nd quarter. Renaissance Technologies LLC now owns 139,000 shares of the company's stock valued at $3,935,000 after acquiring an additional 67,900 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Riley Exploration Permian during the second quarter valued at about $1,856,000. Bailard Inc. grew its position in Riley Exploration Permian by 56.5% in the 2nd quarter. Bailard Inc. now owns 27,977 shares of the company's stock worth $792,000 after purchasing an additional 10,100 shares in the last quarter. Victory Capital Management Inc. bought a new stake in Riley Exploration Permian in the 2nd quarter worth about $687,000. Finally, Mackenzie Financial Corp purchased a new stake in Riley Exploration Permian in the 2nd quarter valued at about $4,392,000. Institutional investors own 58.91% of the company's stock.

Riley Exploration Permian Company Profile

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.