This summary was created by AI, based on 1 opinions in the last 12 months.
Riley Exploration Permian, Inc. (REPX) operates prominently in the Permian Basin, focusing primarily on oil production, which constitutes over 65% of its total output. Recent earnings reports indicate that the company has successfully increased its earnings amidst fluctuating commodity prices, driven by significant production growth in both liquids and natural gas, bolstered by the introduction of new processing capacity. The stock currently trades at a compelling 6x earnings and 1.5x book value, boasting a robust 25% return on equity. Notably, the company is enhancing its cash reserves while simultaneously reducing long-term debt, which is a positive sign for its financial health. Additionally, the dividend is sustainable, with a payout ratio under 25% of cash flow, and analysts have a positive price target of $51.50, indicating substantial upside potential.
Riley Exploration Permian, Inc. is a American stock, trading under the symbol REPX-N on the NYSE American (REPX). It is usually referred to as AMEX:REPX or REPX-N
In the last year, 1 stock analyst published opinions about REPX-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Riley Exploration Permian, Inc..
Riley Exploration Permian, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Riley Exploration Permian, Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Riley Exploration Permian, Inc. published on Stockchase.
On 2025-04-18, Riley Exploration Permian, Inc. (REPX-N) stock closed at a price of $25.79.
Our PAST TOP PICK with REPX has triggered its stop at $27. To remain disciplined, we recommending covering the position at this time.