Riley Exploration Permian, Inc. (REPX) Stock

Riley Exploration Permian, Inc. (REPX) is a Energy stock trading at $37.97 (as of 2026-08-20), with a market capitalization of $774.49M and a trailing P/E of 154.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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 San Andres Formation, a shelf margin deposit on the Central Basin Platform and Northwest Shelf. Its acreage is primarily located on contiguous blocks in Yoakum County, Texas; and Lea and Roosevelt Counties, New Mexico. As of September 30, 2021, the company had approximately 31,352 net acres and a total of 77 net producing wells. Riley Exploration Permian, Inc. is headquartered in Oklahoma City, Oklahoma.

Understand Riley Exploration Permian, Inc.: how it makes money

Riley Exploration Permian, Inc. produces oil, natural gas, and natural gas liquids in Texas and New Mexico, focused on the San Andres Formation, and makes money by acquiring, developing, and operating wells that generate production.

Cash generation depends on executing the horizontal well pipeline (drilling, completing, and bringing wells online) to sustain production from its San Andres Formation acreage.

Business quality (Strong): The company reports operational drivers tied to development execution, including oil production per day and counts of horizontal wells drilled, completed, and brought online, but it has a concentrated, single-formation focus that can make results sensitive to execution in that specific resource and area.

Valuation: At 12× earnings, REPX trades 31% below the Petroleum & Natural Gas average (17×). Note: one-time items can distort reported P/E.

Bull case

  • Focused development engine: Operational metrics track the horizontal well lifecycle, with disclosed activity for wells drilled, completed, and brought online to production.
  • Concentrated producing asset base: Acreage is primarily located in contiguous blocks in Yoakum County, Texas, and Lea and Roosevelt Counties, New Mexico, with production tied to the San Andres Formation.
  • Power-related contribution noted in operations: The company discloses a Power Joint Venture Percentage of Field Load Served (65.0%), indicating power arrangements are part of its operating context.

Bear case

  • Execution risk between completion and production: In the latest quarter, net operated horizontal wells completed (12.8) are higher than net operated horizontal wells brought online to production (8.0), which could reflect timing and operational execution risk.
  • Limited geographic and formation concentration: Operations are primarily focused on a specific formation (the San Andres Formation) and a concentrated acreage footprint, which can limit diversification of operational outcomes.
  • Production and development need continuous activity: Because the operating KPIs emphasize drilling, completing, and bringing horizontal wells online, results can be sensitive to maintaining the development pipeline.
Valuation — source: SEC EDGAR (first-party)
Price$37.97
Market Cap$774.49M
P/E Ratio154.6
EV / EBITDA4.1
Price / Book1.40
Price / Sales1.90
DCF Value (model)$67.83
DCF Upside vs Price78.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$391.98M
Net Margin41.0%
Revenue Growth (YoY)-4.4%
EPS Growth (YoY)77.4%
Financial Health — source: SEC EDGAR
Altman Z-Score1.96 (grey)
Valuation vs Sector & Industry
Stock P/E154.6
Sector P/E (Energy)16.8
Industry P/E (Petroleum & Natural Gas)16.7
vs Sector821.6%
vs Industry828.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderYorktown Energy Partners XI, L.P. ($65.03M)
Institutional Holders Tracked10
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOBobby D. Riley
Employees103
CountryUS
IPO Date1998-12-28

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REPX earnings history · REPX institutional & insider holders · REPX KPIs & operating metrics · REPX financials · REPX investor presentations & press releases · REPX SEC filings · REPX peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.