REPX on NYSE
Riley Exploration Permian, Inc.
Riley Exploration Permian, Inc. is an American crude petroleum and natural gas company, incorporated in Delaware.1 It is headquartered in Oklahoma City, Oklahoma.1 Its shares trade on NYSE under the symbol REPX.1
Price unavailable
Last updated Oct 21, 2026.
Overview
Compare with Black Stone Minerals, TXO Partners, L.P. or Vaalco Energy, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
34.0%Operating margin3
41.0%Net margin3
-4.4%Revenue growth, 20253
25.4%Return on equity3
0.36×Debt to equity3
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Oil brought in 50% of the revenue Riley Exploration Permian, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Oil | $363.1M | $408.9M | $398.3M |
| Oil and Gas | $372.6M | $409.8M | $392.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs47¢$183.0M
- Income tax12¢$48.1M
- Profit41¢$160.8M
Out of $392.0M in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Dividends paid16¢$33.3M
- Kept or used elsewhere84¢$179.2M
Out of $212.5M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total Revenues | $392.0M | $410.2M | $375.0M |
| Lease operating expenses | $87.5M | $71.5M | $58.8M |
| Production and ad valorem taxes | $29.1M | $29.4M | $25.6M |
| Exploration costs | $361.0K | $2.6M | $4.2M |
| Depletion, depreciation, amortization and accretion | $93.2M | $74.9M | $65.1M |
| Impairment of oil and natural gas properties | $1.2M | $11.3M | $9.8M |
| Other impairments | $1.6M | $30.2M | $0 |
| Administrative costs | $31.5M | $26.6M | $26.6M |
| Stock-based compensation expense | $9.1M | $8.1M | $6.8M |
| Transaction costs | $5.2M | $1.6M | $5.8M |
| Total Costs and Expenses | $258.7M | $256.5M | $203.2M |
| Income from Operations | $133.3M | $153.7M | $171.9M |
| Interest expense, net | -$31.4M | -$34.3M | -$31.8M |
| Gain (loss) on derivatives, net | $36.3M | -$1.7M | $6.2M |
| Loss from equity method investment | -$886.0K | -$721.0K | -$218.0K |
| Gain on midstream sale | $71.7M | $0 | $0 |
| Total Other Income (Expense) | $75.7M | -$36.7M | -$25.8M |
| Net Income from Operations Before Income Taxes | $209.0M | $117.0M | $146.1M |
| Income tax expense | -$48.1M | -$28.1M | -$34.5M |
| Net income | $160.8M | $88.9M | $111.6M |
| Basic (USD per Share) | $7.61 | $4.29 | $5.66 |
| Diluted (USD per Share) | $7.59 | $4.26 | $5.58 |
| Basic (in Shares) | 21.1M shares | 20.7M shares | 19.7M shares |
| Diluted (in Shares) | 21.2M shares | 20.9M shares | 20.0M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash | $17.9M | $13.1M | ||
| Accounts receivable, net | $41.0M | $44.4M | ||
| Prepaid expenses | $7.8M | $1.6M | ||
| Inventory | $7.9M | $5.7M | ||
| Current derivative assets | $19.1M | $3.3M | ||
| Total Current Assets | $93.8M | $68.1M | ||
| Oil and natural gas properties, net (successful efforts) | $995.5M | $860.8M | ||
| Other property and equipment, net | $21.9M | $30.5M | ||
| Non-current derivative assets | $5.1M | $585.0K | ||
| Equity method investment | $36.2M | $22.8M | $5.6M | |
| Funds held in escrow | $1.2M | $0 | ||
| Other non-current assets, net | $15.9M | $10.7M | ||
| Total Assets | $1.2B | $993.5M | ||
| Accounts payable | $5.1M | $13.9M | ||
| Accrued liabilities | $37.7M | $33.9M | ||
| Revenue payable | $59.6M | $34.8M | ||
| Current derivative liabilities | $37.0K | $0 | ||
| Current portion of long-term debt | $20.0M | $20.0M | ||
| Other current liabilities | $34.1M | $20.1M | ||
| Total Current Liabilities | $156.5M | $122.8M | ||
| Non-current derivative liabilities | $112.0K | $414.0K | ||
| Asset retirement obligations | $60.0M | $32.7M | ||
| Long-term debt | $227.9M | $249.5M | ||
| Deferred tax liabilities | $86.1M | $76.5M | ||
| Other non-current liabilities | $4.8M | $961.0K | ||
| Total Liabilities | $535.3M | $482.9M | ||
| Preferred stock, $0.0001 par value, 25,000,000 shares authorized; 0 shares issued | $0 | $0 | ||
| Common stock, $0.001 par value, 240,000,000 shares authorized; 21,718,800 and 21,482,555 shares issued at December 31, 2025 and December 31, 2024, respectively | $22.0K | $21.0K | ||
| Additional paid-in capital | $306.7M | $310.2M | ||
| Retained earnings | $327.6M | $200.4M | ||
| Total Shareholders' Equity | $634.2M | $510.6M | $421.6M | $333.4M |
| Total Liabilities and Shareholders' Equity | $1.2B | $993.5M | ||
| Preferred stock, par value (USD per Share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in Shares) | 25.0M shares | 25.0M shares | ||
| Preferred stock, shares issued (in Shares) | 0 shares | 0 shares | ||
| Common stock, par value (USD per Share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in Shares) | 240.0M shares | 240.0M shares | ||
| Common stock, shares issued (in Shares) | 21.7M shares | 21.5M shares | ||
| Common stock, shares outstanding (in shares) | 21.7M shares | 21.5M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash | $17.9M | $13.1M | ||
| Accounts receivable, net | $41.0M | $44.4M | ||
| Prepaid expenses | $7.8M | $1.6M | ||
| Inventory | $7.9M | $5.7M | ||
| Current derivative assets | $19.1M | $3.3M | ||
| Total Current Assets | $93.8M | $68.1M | ||
| Oil and natural gas properties, net (successful efforts) | $995.5M | $860.8M | ||
| Other property and equipment, net | $21.9M | $30.5M | ||
| Non-current derivative assets | $5.1M | $585.0K | ||
| Equity method investment | $36.2M | $22.8M | $5.6M | |
| Funds held in escrow | $1.2M | $0 | ||
| Other non-current assets, net | $15.9M | $10.7M | ||
| Total Assets | $1.2B | $993.5M | ||
| Accounts payable | $5.1M | $13.9M | ||
| Accrued liabilities | $37.7M | $33.9M | ||
| Revenue payable | $59.6M | $34.8M | ||
| Current derivative liabilities | $37.0K | $0 | ||
| Current portion of long-term debt | $20.0M | $20.0M | ||
| Other current liabilities | $34.1M | $20.1M | ||
| Total Current Liabilities | $156.5M | $122.8M | ||
| Non-current derivative liabilities | $112.0K | $414.0K | ||
| Asset retirement obligations | $60.0M | $32.7M | ||
| Long-term debt | $227.9M | $249.5M | ||
| Deferred tax liabilities | $86.1M | $76.5M | ||
| Other non-current liabilities | $4.8M | $961.0K | ||
| Total Liabilities | $535.3M | $482.9M | ||
| Preferred stock, $0.0001 par value, 25,000,000 shares authorized; 0 shares issued | $0 | $0 | ||
| Common stock, $0.001 par value, 240,000,000 shares authorized; 21,718,800 and 21,482,555 shares issued at December 31, 2025 and December 31, 2024, respectively | $22.0K | $21.0K | ||
| Additional paid-in capital | $306.7M | $310.2M | ||
| Retained earnings | $327.6M | $200.4M | ||
| Total Shareholders' Equity | $634.2M | $510.6M | $421.6M | $333.4M |
| Total Liabilities and Shareholders' Equity | $1.2B | $993.5M | ||
| Preferred stock, par value (USD per Share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in Shares) | 25.0M shares | 25.0M shares | ||
| Preferred stock, shares issued (in Shares) | 0 shares | 0 shares | ||
| Common stock, par value (USD per Share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in Shares) | 240.0M shares | 240.0M shares | ||
| Common stock, shares issued (in Shares) | 21.7M shares | 21.5M shares | ||
| Common stock, shares outstanding (in shares) | 21.7M shares | 21.5M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $160.8M | $88.9M | $111.6M |
| Exploratory well costs and lease expirations | $300.0K | $2.6M | $4.1M |
| Depletion, depreciation, amortization and accretion | $93.2M | $74.9M | $65.1M |
| Impairment of oil and natural gas properties | $1.2M | $11.3M | $9.8M |
| Other impairments | $1.6M | $28.9M | $0 |
| (Gain) loss on derivatives, net | -$36.3M | $1.7M | -$6.2M |
| Settlements on derivative contracts | $16.6M | $1.8M | -$17.2M |
| Amortization of deferred financing costs and discount | $4.8M | $5.3M | $4.2M |
| Stock-based compensation expense | $9.1M | $8.1M | $7.0M |
| Deferred income tax expense | $11.4M | $3.2M | $27.6M |
| Loss from equity method investment | $886.0K | $721.0K | $218.0K |
| Gain on midstream sale | -$71.7M | $0 | $0 |
| Other | $2.0K | $0 | -$25.0K |
| Accounts receivable, net | $12.4M | -$9.3M | -$9.6M |
| Prepaid expenses | -$290.0K | -$53.0K | -$717.0K |
| Inventory | $274.0K | $1.5M | -$546.0K |
| Other non-current assets, net | -$3.4M | -$994.0K | -$1.2M |
| Accounts payable and accrued liabilities | -$3.7M | $9.9M | $3.2M |
| Revenue payable | $10.7M | $4.0M | $11.5M |
| Other current liabilities | $4.7M | $13.8M | -$1.5M |
| Net Cash Provided by Operating Activities | $212.5M | $246.3M | $207.2M |
| Additions to oil and natural gas properties | -$89.6M | -$98.5M | -$134.8M |
| Additions to midstream property and equipment | -$36.7M | -$11.0M | $0 |
| Additions to other property and equipment | -$1.6M | -$875.0K | -$1.1M |
| Net assets acquired in business combination | -$117.7M | $0 | -$324.7M |
| Acquisitions of oil and natural gas properties | -$2.2M | -$19.6M | -$5.4M |
| Acquisitions of land | -$1.3M | $0 | $0 |
| Disposition of midstream property and equipment | $120.2M | $0 | $0 |
| Contributions to equity method investment | -$15.8M | -$17.9M | -$3.6M |
| Funds held in escrow | -$1.2M | $0 | $0 |
| Net Cash Used in Investing Activities | -$145.8M | -$147.8M | -$469.6M |
| Deferred financing costs | -$432.0K | -$2.8M | -$7.4M |
| Proceeds from Credit Facility | $155.0M | $15.0M | $185.0M |
| Repayments under Credit Facility | -$160.0M | -$85.0M | -$56.0M |
| Proceeds from Senior Notes, net of issuance costs | $0 | $0 | $188.0M |
| Repayments of Senior Notes | -$20.0M | -$20.0M | -$15.0M |
| Payment of cash dividends | -$33.3M | -$30.8M | -$27.7M |
| Proceeds from issuance of common shares, net | $0 | $25.4M | $2.0K |
| Repurchase of common shares for tax withholding and other | -$3.2M | -$2.4M | -$2.5M |
| Net Cash Provided by (Used in) Financing Activities | -$62.0M | -$100.6M | $264.4M |
| Net Increase (Decrease) in Cash and Cash Equivalents | $4.8M | -$2.2M | $2.0M |
| Interest, net of capitalized interest | $28.2M | $31.6M | $27.1M |
| Income taxes, net of refunds | $20.6M | $18.1M | $9.9M |
| Changes in capital expenditures in accounts payable and accrued liabilities | -$2.9M | $1.1M | -$5.8M |
| Transfer of inventory to oil and natural gas properties | $2.4M | $29.0K | $0 |
| Right-of-use assets obtained in exchange for operating lease liability | $3.1M | $632.0K | $1.3M |
| Net asset transfer for common shares | $9.5M | $0 | $0 |
| Assets contributed to equity method investment | $0 | $0 | $2.3M |
| Distributions declared from equity method investment | $1.5M | $0 | $0 |
| Asset retirement obligations assumed in acquisitions | $19.3M | $9.7M | $19.4M |
| Revisions in asset retirement obligations | $7.7M | $1.9M | $0 |
| Fair value of contingent consideration transferred in business combination | $3.1M | $0 | $0 |
No quarter-by-quarter statement was filed.
Compare Riley Exploration Permian, Inc. with another company
Corporate structure
Riley Exploration Permian, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Riley Exploration Permian, Inc.
- BlackRock Filed SCHEDULE 13G on Riley Exploration Permian, Inc., latest Jul 29, 2026
- Yorktown Energy Partners XI, L.P. Filed SCHEDULE 13D/A on Riley Exploration Permian, Inc., latest May 28, 2026
- Riley Exploration Group, LLC Filed SCHEDULE 13D/A on Riley Exploration Permian, Inc., latest Apr 9, 2026 (5 filings since Oct 18, 2021)
- Bluescape Riley Exploration Holdings LLC Filed SCHEDULE 13D/A on Riley Exploration Permian, Inc., latest Mar 26, 2026 (12 filings since Apr 10, 2024)
- Texel Resources Inc. Filed SC 13D/A on Riley Exploration Permian, Inc., latest Oct 16, 2023 (2 filings since Jul 14, 2023)
- Boomer Petroleum LLC Filed SC 13D/A on Riley Exploration Permian, Inc., latest Dec 7, 2021
- Riley Exploration Permian, Inc. Oklahoma City, Oklahoma
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
Leadership
Who has led Riley Exploration Permian, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
2010201520202025
- Chief executive officerBobby Riley Mar 1, 2021 to now11
- Chief executive officerMichael J. Rugen Apr 5, 2016 to Oct 5, 202012
- PresidentBobby Riley Mar 15, 2024 to Apr 16, 202413
- Chief financial officerPhilip A. Riley Oct 5, 2021 to now14
- Chief financial officerMichael J. Rugen Sep 30, 2009 to Apr 2, 202115
- Chief financial officerMark A. Ruth Apr 28, 2006 to Feb 5, 200716
- Chief operating officerJohn Patrick Suter Aug 22, 2024 to now17
Board members and other officers (22)
- EVP BUSINESS INTELLIGENCECorey Neil Riley Mar 1, 2021 to now18
- EVP CORPORATE LANDMichael H. Palmer Mar 1, 2021 to Feb 1, 202319
- EVP STRATEGYPhilip A. Riley Mar 16, 2021 to Jul 9, 202120
- Chief Accounting OfficerAmber Bonney Sep 9, 2021 to Jun 4, 202421
- Vice PresidentCary Sorensen V. Apr 9, 2010 to Apr 29, 201422
- Vice PresidentCharles Patrick McInturff Feb 5, 2008 to Feb 5, 200823
- Board memberBobby Saadati Feb 17, 2026 to now24
- Board memberRebecca L. Bayless Feb 4, 2022 to now25
- Board memberBobby Riley Mar 1, 2021 to now11
- Board memberBrent Alexander Arriaga Mar 1, 2021 to now26
- Board memberBryan H. Lawrence Mar 1, 2021 to now27
- Board memberE. Wayne Nordberg Mar 1, 2021 to now28
- Board memberMichael J. Rugen Apr 2, 2021 to Apr 2, 202129
- Board memberSanto Beth A. Di Sep 13, 2021 to now30
- Board memberHughree Fennon Brooks Dec 8, 2010 to Oct 4, 201731
- Board memberPeter E. Salas Jan 29, 2007 to Jan 5, 202132
- Board memberCarlos P. Salas Jan 31, 2007 to Apr 5, 201133
- Board memberMatthew K. Behrent Mar 29, 2007 to Oct 5, 202034
- Board memberJohn A. Clendening Apr 10, 2006 to Apr 3, 201235
- Board memberClarke H. Bailey Jun 5, 2006 to Feb 6, 200736
- General counselSanto Beth A. Di Apr 14, 2025 to now37
- General counselCary Sorensen V. Apr 28, 2006 to Feb 5, 200738
Former names
- TENGASCO INCJul 3, 1996 to Feb 25, 20212
Timeline
- Oct 7, 20268-K Ended a material agreement; New debt or obligation39
- Aug 5, 20268-K Results of operations40
- May 13, 20268-K Executive or director change; Shareholder vote41
- May 6, 20268-K Results of operations42
- Mar 4, 20268-K Results of operations43
- Feb 6, 20268-K Executive or director change; Regulation FD disclosure44
- Dec 30, 20258-K Completed an acquisition or sale45
- Dec 16, 20258-K Regulation FD disclosure; Other events46
- Dec 4, 20258-K Entered a material agreement; Regulation FD disclosure47
- Nov 5, 20258-K Results of operations48
- Sep 3, 20258-K Results of operations49
- Aug 6, 20258-K Results of operations50
- Mar 1, 2021New chief executive Bobby Riley becomes CEO11
- Apr 5, 2016New chief executive Michael J. Rugen becomes CEO12
Calendar
Coming up
- Nov 4, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.77 a share, on Nov 5, 2025.51
When it reported results
- Aug 5, 2026Reported quarterly or annual results40
- May 6, 2026Reported quarterly or annual results42
- Mar 4, 2026Reported quarterly or annual results43
- Nov 5, 2025Reported quarterly or annual results48
- Sep 3, 2025Reported quarterly or annual results49
- Aug 6, 2025Reported quarterly or annual results50
- May 7, 2025Reported quarterly or annual results52
- Mar 5, 2025Reported quarterly or annual results53
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
365 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 52 major events, 215 insider forms, 22 large holders, 54 other. The latest 20:
- Oct 7, 20268-K EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Aug 19, 20264 EDGAR
- Aug 18, 2026144 EDGAR
- Aug 12, 20264 EDGAR
- Aug 12, 20264 EDGAR
- Aug 10, 2026144 EDGAR
- Aug 10, 2026144 EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- Jul 29, 2026SCHEDULE 13G EDGAR
- Jul 6, 20264 EDGAR
- Jul 6, 20264 EDGAR
- Jun 12, 2026144 EDGAR
- Jun 12, 20264 EDGAR
- May 28, 2026SCHEDULE 13D/A EDGAR
- May 19, 20264 EDGAR
- May 19, 20264 EDGAR
The 365 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
158 open-market trades by officers, directors and large owners since October 2021: 28 buys and 130 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 18, 2026 | Riley Philip ACFO & EVP STRATEGY | Sale | 4,000 | $37.61 | $150.4K | Form 4 |
| Aug 10, 2026 | Riley Corey NeilCIO & CCO | Sale | 3,500 | $35.20 | $123.2K | Form 4 |
| Aug 10, 2026 | Riley BobbyCEO | Sale | 12,500 | $35.85 | $448.1K | Form 4 |
| Jun 10, 2026 | Riley BobbyCEO | Sale | 30,000 | $36.22 | $1.1M | Form 4 |
| May 11, 2026 | Riley Corey NeilCIO & CCO | Sale | 3,500 | $34.37 | $120.3K | Form 4 |
| May 11, 2026 | Riley BobbyCEO | Sale | 12,500 | $34.45 | $430.6K | Form 4 |
| Apr 8, 2026 | Arriaga Brent AlexanderDirector | Sale | 2,500 | $38.94 | $97.3K | Form 4 |
| Mar 6, 2026 | Bluescape Riley Exploration Holdings LLC10% owner | Sale | 490,433 | $32.80 | $16.1M | Form 4 |
| Mar 5, 2026 | Bluescape Riley Exploration Holdings LLC10% owner | Sale | 391,913 | $31.76 | $12.4M | Form 4 |
| Mar 4, 2026 | Bluescape Energy Recapitalization & Restructuring Fund III LP10% owner | Sale | 36,050 | $29.65 | $1.1M | Form 4 |
| Mar 3, 2026 | Bluescape Energy Recapitalization & Restructuring Fund III LP10% owner | Sale | 26,327 | $29.58 | $778.8K | Form 4 |
| Mar 2, 2026 | Bluescape Energy Recapitalization & Restructuring Fund III LP10% owner | Sale | 19,310 | $29.73 | $574.1K | Form 4 |
| Feb 23, 2026 | Bluescape Energy Recapitalization & Restructuring Fund III LP10% owner | Sale | 5,256 | $28.38 | $149.2K | Form 4 |
| Feb 20, 2026 | Bluescape Energy Partners III GP LLC10% owner | Sale | 55,147 | $28.33 | $1.6M | Form 4 |
| Feb 19, 2026 | Bluescape Energy Partners III GP LLC10% owner | Sale | 35,302 | $28.48 | $1.0M | Form 4 |
| Feb 12, 2026 | Riley Corey NeilCIO & CCO | Sale | 3,500 | $27.41 | $95.9K | Form 4 |
| Feb 11, 2026 | WILDER C JOHN10% owner | Sale | 4,820 | $28.23 | $136.1K | Form 4 |
| Feb 10, 2026 | Riley BobbyCEO | Sale | 12,500 | $27.79 | $347.4K | Form 4 |
| Feb 9, 2026 | Bluescape Resources Co LLC10% owner | Sale | 122,647 | $28.88 | $3.5M | Form 4 |
| Feb 6, 2026 | Bluescape Resources Co LLC10% owner | Sale | 195,297 | $28.39 | $5.5M | Form 4 |
All 158 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G, 1 filing Jul 29, 202654
- Yorktown Energy Partners XI, L.P.SCHEDULE 13D/A, 1 filing May 28, 202655
- Riley Exploration Group, LLCSCHEDULE 13D/A, 5 filings Oct 18, 2021 to Apr 9, 202656
- Bluescape Riley Exploration Holdings LLCSCHEDULE 13D/A, 12 filings Apr 10, 2024 to Mar 26, 202657
- Texel Resources Inc.SC 13D/A, 2 filings Jul 14, 2023 to Oct 16, 202358
- Boomer Petroleum LLCSC 13D/A, 1 filing Dec 7, 202159
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Bobby D. Riley | 70 | $675.0K | $5.8M60 |
| 2025 | Philip Riley | 51 | $484.0K | $3.0M60 |
| 2025 | John Suter | 65 | $438.0K | $2.7M60 |
| 2025 | Corey Riley | 47 | $434.0K | $2.7M60 |
| 2025 | Jeff Gutman | 60 | $371.0K | $1.8M60 |
| 2024 | Chairman of the Board and | $530.0K | $3.5M60 | |
| 2024 | Chief Financial Officer and | $470.0K | $2.0M60 | |
| 2024 | Chief Information Officer and | $421.0K | $1.6M60 | |
| 2023 | Chief Executive Officer | $473.5K | $2.8M60 | |
| 2023 | Chief Compliance Officer | $407.4K | $2.3M60 | |
| 2023 | Executive VicePresident of Strategy | $399.4K | $2.2M60 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Riley Exploration Permian, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARRiley Exploration Permian, Inc.1
- CIK0001001614
- Employer ID (EIN)87-026743861
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company61
- Incorporated inDelaware61
- Fiscal year endsDecember 311
- Industry code (SIC)1311 Crude Petroleum & Natural Gas1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address29 E. Reno Avenue, Suite 500, Oklahoma City, OK 731041
- Phone405-415-86991
- Shares outstanding20,400,032 as of Apr 3, 202962
- Public float$258.7M as of Jun 30, 202561
- AuditorBDO USA, P.C., Houston, Texas PCAOB ID 243; it also attests to the company’s internal control over financial reporting61
- On EDGAR sinceJul 3, 19961
- Filings1,106 in all: 4 (486), 8-K (152), 10-Q (77), 144 (30), 3 (30), CORRESP (30), DEF 14A (29), 10-K (25)1
All 61 form types
UPLOAD (25), SC 13D/A (18), SCHEDULE 13D/A (14), 5 (13), SC 13D (12), 4/A (10), ARS (10), 10QSB (9), NT 10-Q (8), 425 (7), 8-K/A (7), S-1/A (7), S-8 (7), SC TO-T/A (7), 10-K/A (6), SC 13G/A (6), 10-Q/A (5), 10KSB (5), 424B5 (5), PRE 14A (5), 10QSB/A (4), EFFECT (4), NT 10-K (4), SB-2/A (4), 3/A (3), REGDEX (3), SC 13G (3), 10KSB/A (2), 10SB12G (2), 10SB12G/A (2), 424B1 (2), 5/A (2), 8-A12B (2), DEF 14C (2), S-1 (2), S-3 (2), S-4/A (2), 10-QT (1), 144/A (1), 424B3 (1), 424B7 (1), 8-A12B/A (1), DEFA14A (1), PRE 14C (1), PREM14A (1), RW (1), S-3/A (1), S-4 (1), SB-2 (1), SC 14D9 (1), SC 14D9/A (1), SC TO-T (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Mar 4, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Apr 10, 2026
Latest 8-K (8-K) Oct 7, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, par value $0.001 | REPX | NYSE American |
From the cover page of the 10-K filed Mar 4, 2026 (Section 12(b) of the Exchange Act).61
Risk factors and legal proceedings
The risks Riley Exploration Permian, Inc. names in Item 1A of its 10-K filed Mar 4, 2026: 73 risks under these headings, as written.61
- our stock could decline. Investors should carefully consider each of the following risk factors and all of the other information set forth in this Annual Report.
- Risks Related to our Business, Operations, and Strategy
- Recent regulatory restrictions on use of produced water and a moratorium on new produced water disposal wells in certain areas of the Permian Basin to stem rising seismic activity and earthquakes could increase our operating costs and adversely impact our business, results of operations and financial condition.
- Enhanced scrutiny on ESG matters could have an adverse effect on the Company’s operations.
- We may be unable to quickly adapt to changes in market/investor priorities.
- Oil, natural gas, and NGL prices are volatile. An extended decline in commodity prices may adversely affect our business, financial condition, or results of operations and our ability to meet our capital expenditure obligations and financial commitments. Additionally, the value of our reserves calculated using SEC pricing may be higher than the fair market value of our reserves calculated using current market prices.
- If commodity prices decrease to a level such that our future undiscounted cash flows from our properties are less than their carrying value for a significant period of time, we will be required to take write-downs of the carrying values of our properties.
- Our exploration and development projects require substantial capital expenditures. We may be unable to obtain required capital or financing on satisfactory terms, which could lead to a decline in our reserves.
- Our development and exploratory drilling efforts and our well operations may not be profitable or achieve our targeted returns.
- Properties that we decide to drill may not yield oil, natural gas or NGLs in commercially viable quantities.
- Properties we acquire may not produce as projected, and we may be unable to determine reserve potential, identify liabilities associated with the properties that we acquire, or obtain protection from sellers against such liabilities.
- Reserve estimates depend on many assumptions that may turn out to be inaccurate. Any material inaccuracies in reserve estimates or underlying assumptions will materially affect the quantities and present value of our reserves.
The other 62 risks
- There is a limited amount of production data from horizontal wells completed in the Permian Basin and its Yeso and San Andres Formations. As a result, reserve estimates associated with horizontal wells in these areas are subject to greater uncertainty than estimates associated with reserves attributable to vertical wells in the same area.
- Part of our strategy involves drilling using the latest available horizontal drilling and completion techniques, which involve risks and uncertainties in their application.
- Substantially all of our producing properties are located in the Northwest Shelf within the Permian Basin of West Texas and Southeastern New Mexico, making us vulnerable to risks associated with operating in one major geographic area. Specifically, as the Permian Basin is an area of high industry activity, we may be unable to hire, train, or retain qualified personnel needed to manage and operate our assets. There is also limited availability of qualified third-parties to perform certain services required for operations, regulatory and environmental compliance.
- Our drilling and production programs may not be able to obtain access on commercially reasonable terms or otherwise to truck transportation, pipelines, gas gathering, transmission, storage and processing facilities to market our oil and natural gas production, certain of which we do not control, and our initiatives to expand our access to midstream and operational infrastructure may be unsuccessful.
- The prices we receive for our production may be affected by local and regional factors.
- An increase in the differential between NYMEX WTI and the reference or regional index price used to price our oil and natural gas would reduce our cash flows from operations.
- The development of our estimated proved undeveloped reserves may take longer and may require higher levels of capital expenditures than we currently anticipate. Therefore, our estimated proved undeveloped reserves may not be ultimately developed or produced.
- We participate in oil and natural gas leases with third parties who may not be able to fulfill their commitments to our projects.
- We own non-operating interests in properties developed and operated by third parties and, as a result, we are unable to control the operation and profitability of such properties.
- Unless we replace our reserves with new reserves and develop those reserves, our reserves and production will decline, which would adversely affect our future cash flows and results of operations.
- We depend upon a few significant purchasers for the sale of most of our oil and natural gas production. The loss of one or more of these purchasers could, among other factors, limit our access to suitable markets for the oil, natural gas and NGLs we produce.
- We may incur substantial losses and be subject to substantial liability claims as a result of our operations. Additionally, we may not be insured for, or our insurance may be inadequate to protect us against, these risks.
- We may be unable to make accretive acquisitions or successfully integrate acquired businesses or assets, and any inability to do so may disrupt our business and hinder our ability to grow.
- We may incur losses as a result of title defects in the properties in which we invest.
- Our operations could be impacted by burdens and encumbrances on title to our properties.
- Our undeveloped acreage must be drilled before lease expirations to hold the acreage by production or by other methods. In highly competitive markets for acreage, failure to drill sufficient wells to hold acreage could result in a substantial lease renewal cost or, if renewal is not feasible, loss of our lease and prospective drilling opportunities.
- Our use of 2-D and 3-D seismic data is subject to interpretation and may not accurately identify the presence of oil and natural gas, which could adversely affect the results of our drilling operations.
- Our acquisition strategy will subject us to certain risks associated with the inherent uncertainty in evaluating properties for which we have limited information.
- Our future results will suffer if we do not effectively manage our expanded operations.
- Acquisitions of assets or businesses may reduce, rather than increase, our distributable cash flow or may disrupt our business.
- We may need to access funding through capital market transactions. Due to our relative smaller public float and low market capitalization, it may be difficult and expensive for us to raise additional funds.
- Our Credit Facility and our Senior Notes have substantial restrictions and financial covenants that may restrict our business and financing activities and our ability to declare dividends.
- Our indebtedness could reduce our financial flexibility.
- Any significant reduction in our borrowing base under our Credit Facility as a result of the periodic borrowing base redeterminations or otherwise may negatively impact our ability to fund our operations.
- We may not be able to generate sufficient cash to service all of our indebtedness and may be forced to take other actions to satisfy our obligations under our debt arrangements, which may not be successful.
- Increases in interest rates could adversely affect our business.
- Our derivative activities could result in financial losses or could reduce our earnings.
- Commodity derivatives
- Interest rate derivatives
- Our joint ventures may not perform as expected, and conducting a portion of our operations through joint ventures in which we do not have 100% ownership interest exposes us to risks and uncertainties, many of which are outside of our control.
- Risks Related to the Oil and Natural Gas Industry
- Drilling for and producing oil and natural gas are high risk activities with many uncertainties that could adversely affect our business, financial condition or results of operations.
- Energy conservation measures and technological advances could reduce demand for oil, natural gas and NGLs.
- Limitation or restrictions on our ability to obtain water or dispose of flowback and produced water may have an adverse effect on our operating results.
- The unavailability or high cost of equipment, supplies, personnel and oilfield services used to drill and complete wells could adversely affect our ability to execute our development plans within our budget and on a timely basis.
- Competition in the oil and natural gas industry is intense, making it more difficult for us to acquire properties and market oil or natural gas.
- Declining general economic, business or industry conditions have, and will continue to have, a material adverse effect on our results of operations, liquidity and financial condition, and are expected to continue having a material adverse effect for the foreseeable future.
- Inflationary issues and associated changes in monetary policy have resulted in and may in the future result in increases to the cost of our goods, services and personnel, which in turn could cause our capital expenditures and operating costs to rise.
- We may not be able to keep pace with technological developments in our industry.
- Negative public perception regarding us and/or our industry could have an adverse effect on our operations.
- Risks Related to Acts of God and Cybersecurity
- Power outages, limited availability of electrical resources, and increased energy costs could have a material adverse effect on us.
- Extreme weather conditions could adversely affect our ability to conduct drilling and production activities in the areas where we operate.
- Our business could be negatively affected by security threats and disruptions, including electronic, cybersecurity or physical threats, and other disruptions.
- Loss of our information and computer systems could adversely affect our business.
- A terrorist attack or armed conflict could harm our business.
- Risks Related to Legal, Regulatory, and Tax Matters
- We are subject to stringent federal, tribal, state and local laws and regulations related to environmental and occupational health and safety issues that could adversely affect the cost, manner or feasibility of conducting our operations or expose us to significant liabilities.
- We are subject to complex laws that can affect the cost, manner or feasibility of doing business.
- We are responsible for the decommissioning, removal, plugging, abandonment, and reclamation costs for our facilities.
- SEC rules could limit our ability to book additional proved undeveloped reserves in the future.
- Should we fail to comply with all applicable regulatory agency administered statutes, rules, regulations and orders, we could be subject to substantial penalties and fines.
- A change in the jurisdictional characterization of our natural gas assets by federal, tribal, state or local regulatory agencies or a change in policy by those agencies may result in increased regulation of our natural gas assets, which may cause our revenues to decline and operating expenses to increase.
- We may be involved in legal proceedings that could result in substantial liabilities.
- Federal, state and local legislative and regulatory initiatives relating to hydraulic fracturing as well as governmental reviews of such activities could result in increased costs and additional operating restrictions or delays in the completion of oil and natural gas wells and adversely affect our production.
- Climate change legislation and regulations restricting or regulating emissions of greenhouse gases could result in increased operating costs and reduced demand for the oil, natural gas and NGLs that we produce while potential physical effects of climate change could disrupt our production and cause us to incur significant costs in preparing for or responding to those effects.
- Restrictions on drilling or other operational activities intended to protect certain species of wildlife or to conserve natural resources may adversely affect our ability to conduct drilling activities in areas where we operate.
- The enactment of derivatives legislation could have an adverse effect on our ability to use derivative instruments to reduce the effect of commodity price, interest rate and other risks associated with our business.
- Future federal, state or local legislation also may impose new or increased taxes or fees on oil and natural gas extraction or production.
- Anti-indemnity provisions enacted by many states may restrict or prohibit a party’s indemnification of us.
- Our effective tax rate may change in the future, which could adversely impact us.
- Risks Related to Our Common Stock
- The market price of our common stock may be volatile, which could cause the value of your investment to decline.
- Future sales or repurchases of our common stock may depress the price of shares of our common stock.
- Purchases of shares of our common stock pursuant to our stock repurchase plan may affect the value of our common stock, and there can be no assurance that our stock repurchase plan will enhance stockholder value.
- If we fail to continue to meet the requirements for continued listing on the NYSE American stock exchange, our common stock could be delisted from trading, which would decrease the liquidity of our common stock and ability to raise additional capital.
- If securities analysts do not publish research or reports about our business or if they publish negative evaluations of our stock, the price of our stock could decline.
- We may not generate sufficient cash to support any dividend or stock buybacks for our common stockholders.
Legal proceedings
We may, from time to time, be a claimant or defendant to various legal proceedings, disputes and claims arising in the course of our business, including those that arise from interpretation of federal and state laws and regulations affecting the oil and natural gas industry, personal injury claims, title disputes, royalty disputes, contract claims, contamination claims relating to oil and natural gas exploration and development and environmental claims, including claims involving assets previously sold to third parties and no longer part of our current operations. While the ultimate outcome of the pending proceedings, disputes or claims, and any resulting impact on us, cannot be predicted with certainty, we believe that none of these matters, if ultimately decided adversely, will have a material adverse effect on our financial condition, cash flows or results of operations.
See Note 15 - Commitments and Contingencies in the Company's consolidated financial statements in "Item 15. Exhibits and Financial Statement Schedules" for a discussion of our commitments and contingencies.
The opening of Item 3, Legal Proceedings.61
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 11SEC EDGARBobby Riley, Chief executive officer
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- 13SEC EDGARBobby Riley, President
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- 20SEC EDGARPhilip A. Riley, EVP STRATEGY
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- 22SEC EDGARCary Sorensen V., Vice President
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- 24SEC EDGARBobby Saadati, Board member
- 25SEC EDGARRebecca L. Bayless, Board member
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- 27SEC EDGARBryan H. Lawrence, Board member
- 28SEC EDGARE. Wayne Nordberg, Board member
- 29SEC EDGARMichael J. Rugen, Board member
- 30SEC EDGARSanto Beth A. Di, Board member
- 31SEC EDGARHughree Fennon Brooks, Board member
- 32SEC EDGARPeter E. Salas, Board member
- 33SEC EDGARCarlos P. Salas, Board member
- 34SEC EDGARMatthew K. Behrent, Board member
- 35SEC EDGARJohn A. Clendening, Board member
- 36SEC EDGARClarke H. Bailey, Board member
- 37SEC EDGARSanto Beth A. Di, General counsel
- 38SEC EDGARCary Sorensen V., General counsel
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- 40SEC EDGARResults of operations
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- 42SEC EDGARResults of operations
- 43SEC EDGARResults of operations
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- 45SEC EDGARCompleted an acquisition or sale
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- 48SEC EDGARResults of operations
- 49SEC EDGARResults of operations
- 50SEC EDGARResults of operations
- 51NasdaqNasdaq calendar
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