Education
About Us
Working with TipRanks
Follow Us
Riley Exploration Permian (REPX)
:REPX
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.2Last Year’s EPS
1.57Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 2.77%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected strong strategic moves with the acquisition of Silverback Exploration and demonstrated financial and operational efficiency. However, there were concerns about market volatility, production decline, and capital expenditure cuts. Despite these challenges, the company's emphasis on strategic growth and safety metrics highlighted a balanced approach.Company Guidance
During the first quarter of fiscal year 2025, Riley Exploration Permian demonstrated strong capital efficiency, generating significant free cash flow and reducing debt. Notably, they announced the acquisition of Silverback Exploration for $142 million in cash, which includes approximately 47,000 net working interest acres in New Mexico. This acquisition adds over 300 gross incremental undeveloped horizontal locations to their inventory. The company achieved a total recordable incident rate of 0, with 93% safe days reported. Net production slightly declined to 1.41 million barrels of oil from the previous quarter's 1.46 million, although it increased by 9% compared to the same quarter last year. Their average daily net production stood at 15,620 barrels of oil per day and 24,430 barrels of oil equivalent per day. Operating costs were reduced, with LOE per BOE down 2% from the previous quarter to $8.34. The company prioritized their acquisition strategy, maintaining a robust hedging profile, with 70% of forecasted PDP volumes hedged at a $67 downside price for 2025. They reduced their 2025 capital investments by 50%, including upstream CapEx by 41%, while maintaining modest production impact, with oil guidance down only 4%.Strategic Acquisition of Silverback Exploration
Riley Permian announced the acquisition of Silverback Exploration for $142 million, which includes 47,000 net working interest acres in New Mexico. This acquisition enhances Riley Permian's long-term upstream development potential and adds over 300 gross incremental undeveloped horizontal locations to its inventory.
Record Safety Metrics
Riley achieved a total recordable incident rate of 0 for the first quarter of 2025, with 93% safe days, marking a record percentage of safe days in a quarter for the company.
Operational Efficiency and Cost Reduction
Despite no new wells being added, Riley maintained relatively flat production while lowering operating costs. LOE per BOE for Q1 2025 was $8.34, a 2% reduction from Q4 2024 and an 8% reduction from the same quarter last year.
Strong Financial Management
The company generated $54 million of operating cash flow, converting to $39 million of upstream free cash flow. They reduced debt by $21 million quarter-over-quarter to 0.9x leverage.
REPX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
REPX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $24.88 | $26.58 | +6.83% |
Mar 05, 2025 | $27.56 | $28.01 | +1.63% |
Nov 06, 2024 | $29.32 | $31.20 | +6.41% |
Aug 07, 2024 | $23.51 | $24.36 | +3.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Riley Exploration Permian (REPX) report earnings?
Riley Exploration Permian (REPX) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Riley Exploration Permian (REPX) earnings time?
Riley Exploration Permian (REPX) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is REPX EPS forecast?
REPX EPS forecast for the fiscal quarter 2025 (Q2) is 1.2.