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Riley Exploration Permian ( (REPX) ) just unveiled an announcement.
On December 3, 2025, Riley Exploration Permian, Inc. announced the sale of its wholly-owned subsidiary, Dovetail Midstream, LLC, to Targa Northern Delaware LLC for approximately $111 million. The transaction aims to reduce the company’s borrowings and allow it to focus on upstream asset development, including a recent acquisition, while potentially earning an additional $60 million based on performance thresholds.
The most recent analyst rating on (REPX) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Riley Exploration Permian stock, see the REPX Stock Forecast page.
Spark’s Take on REPX Stock
According to Spark, TipRanks’ AI Analyst, REPX is a Outperform.
Riley Exploration Permian’s strong financial performance and attractive valuation are the most significant factors driving its stock score. The company’s robust earnings call further supports its positive outlook, despite some technical indicators suggesting caution. The absence of notable corporate events keeps the focus on core financial and operational strengths.
To see Spark’s full report on REPX stock, click here.
More about Riley Exploration Permian
Riley Exploration Permian, Inc. is a growth-oriented upstream oil and gas company operating in Texas and New Mexico, focusing on infrastructure projects that complement their operations.
Average Trading Volume: 124,128
Technical Sentiment Signal: Strong Buy
Current Market Cap: $597.1M
See more data about REPX stock on TipRanks’ Stock Analysis page.