Should I buy or sell Riley Exploration Permian stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Riley Exploration Permian in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REPX shares. View REPX analyst ratings or view top-rated stocks .

What is Riley Exploration Permian's stock price target for 2024?

1 brokers have issued 12 month price objectives for Riley Exploration Permian's shares. Their REPX share price targets range from $50.00 to $50.00. On average, they anticipate the company's share price to reach $50.00 in the next twelve months. This suggests a possible upside of 74.7% from the stock's current price. View analysts price targets for REPX or view top-rated stocks among Wall Street analysts .

How have REPX shares performed in 2024?

Riley Exploration Permian's stock was trading at $27.24 at the beginning of 2024. Since then, REPX shares have increased by 5.1% and is now trading at $28.62. View the best growth stocks for 2024 here .

How were Riley Exploration Permian's earnings last quarter?

Riley Exploration Permian, Inc. (NYSE:REPX) released its quarterly earnings results on Wednesday, March, 6th. The company reported $0.70 EPS for the quarter, missing analysts' consensus estimates of $1.61 by $0.91. The firm had revenue of $99.83 million for the quarter, compared to analysts' expectations of $94.77 million. Riley Exploration Permian had a trailing twelve-month return on equity of 25.08% and a net margin of 29.75%.

How often does Riley Exploration Permian pay dividends? What is the dividend yield for Riley Exploration Permian?

Riley Exploration Permian announced a quarterly dividend on Thursday, April 11th. Investors of record on Thursday, April 25th will be given a dividend of $0.36 per share on Thursday, May 9th. This represents a $1.44 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date is Wednesday, April 24th. Read our dividend analysis for REPX .

Is Riley Exploration Permian a good dividend stock?

Riley Exploration Permian (NYSE:REPX) pays an annual dividend of $1.44 per share and currently has a dividend yield of 4.91%. REPX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, REPX will have a dividend payout ratio of 18.32% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for REPX .

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.

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 .

NYSE:REPX

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

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$28.62

-0.05 (-0.17%)

(As of 04/16/2024 ET)

Compare

Today's Range: $28.10
▼
$28.81
50-Day Range: $21.80
▼
$33.98
52-Week Range: $21.27
▼
$46.98

Volume: 222,830 shs
Average Volume: 127,705 shs
Market Capitalization: $583.85 million

P/E Ratio: 5.13
Dividend Yield: 5.03%
Price Target: $50.00

Get Riley Exploration Permian alerts:

Riley Exploration Permian MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 74.7% Upside
$50.00 Price Target
Short Interest: N/A
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.71
Based on 22 Articles This Week
Insider Trading: Selling Shares
$19.02 M Sold Last Quarter
Proj. Earnings Growth: 10.08%
From $7.14 to $7.86 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.36 out of 5 stars

Oils/Energy Sector

34th out of 239 stocks

Crude Petroleum & Natural Gas Industry

13th out of 76 stocks

3.5

Analyst's Opinion

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 received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for REPX.

3.3

Dividend Strength

Dividend Leadership
Riley Exploration Permian is a leading dividend payer. It pays a dividend yield of 4.91%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Riley Exploration Permian has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Riley Exploration Permian is 25.81%. 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 18.32% next year. This indicates that Riley Exploration Permian will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for REPX.

3.2

News and Social Media Coverage

News Sentiment
Riley Exploration Permian has a news sentiment score of 0.71. 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 higher news sentiment than the 0.58 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 22 news articles for Riley Exploration Permian this week, compared to 2 articles on an average week.
Search Interest
26 people have searched for REPX on MarketBeat in the last 30 days. This is an increase of 1,200% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Riley Exploration Permian to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Riley Exploration Permian insiders have sold 839.48% more of their company's stock than they have bought. Specifically, they have bought $2,025,000.00 in company stock and sold $19,024,570.00 in company stock.
Percentage Held by Insiders
Only 4.20% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Riley Exploration Permian are expected to grow by 10.08% in the coming year, from $7.14 to $7.86 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Riley Exploration Permian is 5.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of Riley Exploration Permian is 5.13, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.79.
Price to Book Value per Share Ratio
Riley Exploration Permian has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Riley Exploration Permian Stock (NYSE:REPX)

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.

REPX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

REPX Stock News Headlines

April 11, 2024 | insidertrades.com

Riley Exploration Permian, Inc. (NYSE:REPX) Major Shareholder Sells $17,864,000.00 in Stock

April 9, 2024 | insidertrades.com

Insider Buying: Riley Exploration Permian, Inc. (NYSE:REPX) Major Shareholder Acquires 75,000 Shares of Stock

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 17, 2024 | insidertrades.com

Bobby Riley Sells 15,000 Shares of Riley Exploration Permian, Inc. (NYSE:REPX) Stock

April 13, 2024 | americanbankingnews.com

Roth Capital Comments on Riley Exploration Permian, Inc.'s Q2 2024 Earnings (NYSE:REPX)

April 13, 2024 | americanbankingnews.com

Roth Capital Weighs in on Riley Exploration Permian, Inc.'s Q1 2024 Earnings (NYSE:REPX)

April 12, 2024 | uk.investing.com

Bluescape entities sell $17.86 million in Riley Exploration Permian stock

April 12, 2024 | investing.com

Riley Exploration Permian director sells over $17 million in company stock

April 16, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 12, 2024 | americanbankingnews.com

Riley Exploration Ho Bluescape Sells 700,000 Shares of Riley Exploration Permian, Inc. (NYSE:REPX) Stock

April 12, 2024 | americanbankingnews.com

Riley Exploration Permian (NYSE:REPX) Shares Down 3.7% on Insider Selling

April 11, 2024 | prnewswire.com

Riley Permian Declares Quarterly Dividend and Schedules First Quarter 2024 Earnings Release and Conference Call

April 10, 2024 | investing.com

Riley Exploration Permian insider purchases $2.03m in stock

April 9, 2024 | prnewswire.com

Riley Permian Announces Participation in Fireside Chat with Water Tower Research

April 7, 2024 | americanbankingnews.com

Riley Exploration Permian (NYSE:REPX) Shares Gap Up to $27.60

April 5, 2024 | uk.investing.com

Riley Permian launches public stock offering

April 4, 2024 | marketwatch.com

Riley Exploration Permian Shares Tumble 14% on Public Offering

April 4, 2024 | prnewswire.com

Riley Permian Announces Pricing of Public Offering of Common Stock

April 3, 2024 | msn.com

Riley Permian plunges after launching 2.1M-share offering

April 3, 2024 | prnewswire.com

Riley Permian Announces Commencement of Public Offering of Common Stock

March 20, 2024 | seekingalpha.com

Riley Exploration: Sustainable Growth With Strong Free Cash Flow

March 15, 2024 | uk.finance.yahoo.com

Insider Sell: CEO & President Bobby Riley Sells 15,000 Shares of Riley Exploration Permian ...

March 13, 2024 | seekingalpha.com

Riley Exploration Permian: Likely To Generate Over $100 Million In 2024 FCF

March 9, 2024 | seekingalpha.com

Riley Exploration Permian, Inc. (REPX) Q4 2023 Earnings Call Transcript

March 9, 2024 | uk.investing.com

Earnings call: Riley Exploration Permian reports robust Q4 and FY 2023 results

March 9, 2024 | msn.com

Is Riley Exploration Permian (REPX) Currently Undervalued by Investors?

March 8, 2024 | msn.com

Riley Exploration Permian, Inc. (AMEX:REPX) Q4 2023 Earnings Call Transcript

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Company Calendar

Ex-Dividend for 2/8 Dividend: 1/24/2024
Dividend Payable: 2/08/2024
Last Earnings: 3/06/2024
Today: 4/16/2024
Ex-Dividend for 5/9 Dividend: 4/24/2024
Dividend Payable: 5/09/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Current Symbol: NYSE:REPX
CUSIP: N/A
CIK: 1001614
Web: www.rileypermian.com
Phone: (405) 415-8699
Fax: 720-554-7622
Employees: 90
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $50.00
High Stock Price Target: $50.00
Low Stock Price Target: $50.00
Potential Upside/Downside: +74.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.58
Trailing P/E Ratio: 5.15
Forward P/E Ratio: 4.03
P/E Growth: N/A
Net Income: $111.59 million
Net Margins: 29.75%
Pretax Margin: 38.94%
Return on Equity: 25.08%
Return on Assets: 11.46%

Debt

Debt-to-Equity Ratio: 0.80
Current Ratio: 0.67
Quick Ratio: 0.61

Sales & Book Value

Annual Sales: $375.05 million
Price / Sales: 1.56
Cash Flow: $8.03 per share
Price / Cash Flow: 3.58
Book Value: $20.64 per share
Price / Book: 1.39

Miscellaneous

Outstanding Shares: 20,400,000
Free Float: 19,543,000
Market Cap: $586.30 million
Optionable: Optionable
Beta: 1.26

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Key Executives

Mr. Bobby D. Riley (Age 68)
Chairman, CEO & President
Comp: $898.57k
Mr. Philip A. Riley (Age 49)
CFO & Executive VP of Strategy
Comp: $749.35k
Ms. Beth A. Di Santo Esq. (Age 50)
General Counsel, Corporate Secretary & Director
Mr. Corey Riley (Age 45)
Executive Vice President of Business Intelligence
Comp: $759.74k
Ms. Amber N. Bonney (Age 49)
Chief Accounting Officer
Mr. Michael H. Palmer (Age 43)
Executive Vice President of Corporate Land

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

REPX Stock Analysis - Frequently Asked Questions

Should I buy or sell Riley Exploration Permian stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Riley Exploration Permian in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REPX shares.
View REPX analyst ratings or view top-rated stocks.
What is Riley Exploration Permian's stock price target for 2024?: 1 brokers have issued 12 month price objectives for Riley Exploration Permian's shares. Their REPX share price targets range from $50.00 to $50.00. On average, they anticipate the company's share price to reach $50.00 in the next twelve months. This suggests a possible upside of 74.7% from the stock's current price.
View analysts price targets for REPX or view top-rated stocks among Wall Street analysts.
How have REPX shares performed in 2024?: Riley Exploration Permian's stock was trading at $27.24 at the beginning of 2024. Since then, REPX shares have increased by 5.1% and is now trading at $28.62.
View the best growth stocks for 2024 here.
How were Riley Exploration Permian's earnings last quarter?: Riley Exploration Permian, Inc. (NYSE:REPX) released its quarterly earnings results on Wednesday, March, 6th. The company reported $0.70 EPS for the quarter, missing analysts' consensus estimates of $1.61 by $0.91. The firm had revenue of $99.83 million for the quarter, compared to analysts' expectations of $94.77 million. Riley Exploration Permian had a trailing twelve-month return on equity of 25.08% and a net margin of 29.75%.

How often does Riley Exploration Permian pay dividends? What is the dividend yield for Riley Exploration Permian?: Riley Exploration Permian announced a quarterly dividend on Thursday, April 11th. Investors of record on Thursday, April 25th will be given a dividend of $0.36 per share on Thursday, May 9th. This represents a $1.44 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date is Wednesday, April 24th.
Read our dividend analysis for REPX.
Is Riley Exploration Permian a good dividend stock?: Riley Exploration Permian (NYSE:REPX) pays an annual dividend of $1.44 per share and currently has a dividend yield of 4.91%. REPX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, REPX will have a dividend payout ratio of 18.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for REPX.
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.
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.

This page (NYSE:REPX) was last updated on 4/16/2024 by MarketBeat.com Staff

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

Riley Exploration Permian MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Riley Exploration Permian Stock (NYSE:REPX)

REPX Stock Price History

REPX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

REPX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™