Welcome to our dedicated page for Riley Exploration Permian news (Ticker: REPX), a resource for investors and traders seeking the latest updates and insights on Riley Exploration Permian stock.
Riley Exploration Permian Inc. (REPX) delivers oil and natural gas exploration updates through this comprehensive news hub. Track official announcements covering operational milestones, technical developments, and strategic initiatives in the Permian Basin.
Access timely updates on capital projects, drilling innovations, and partnership formations that demonstrate REPX's leadership in horizontal drilling. Investors will find earnings reports, acquisition details, and joint venture announcements essential for monitoring the company's growth strategy.
This resource consolidates REPX's energy sector developments while maintaining strict editorial neutrality. Bookmark this page for direct access to primary source materials and filtered news updates from one of the Permian Basin's focused operators.
Riley Exploration Permian (AMEX: REPX) announced their plans to release financial and operating results for the first quarter of 2023 on May 8, 2023, after market close. Following this, a conference call will be held on May 9, 2023, at 9:00 a.m. CT, allowing investors and analysts to discuss these results and engage in a Q&A session. Interested parties can join by calling provided toll-free and toll dial-in numbers. A replay of the call will be available until May 23, 2023. Riley Exploration operates in the oil and natural gas sector, focusing on acquisition, exploration, and production.
Riley Exploration Permian, Inc. (NYSE American: REPX) has declared a cash dividend of $0.34 per share on its common stock. This dividend is scheduled for payment on May 9, 2023, to stockholders of record as of April 25, 2023. The announcement emphasizes the company’s commitment to returning value to its shareholders while continuing its focus on the acquisition, exploration, and production of oil and natural gas. This move reflects a strong cash position and signals ongoing confidence in the company's operations amidst market fluctuations.
Riley Exploration Permian, Inc. (NYSE American: REPX) has successfully completed its acquisition of New Mexico oil and natural gas assets from Pecos Oil & Gas, LLC for $330 million. The transaction was financed through $200 million in new senior unsecured notes, maturing in April 2028, and borrowings from its existing credit facility. The company also increased its credit facility's borrowing base by $100 million to $325 million. This acquisition enhances Riley's asset base and growth potential in the oil and gas sector.
Riley Exploration Permian, Inc. (NYSE American: REPX) will participate in the 35th Annual Roth Conference from March 12-14, 2023, at The Ritz Carlton, Laguna Niguel, CA. Management will engage with investors through 1-on-1 meetings on March 13 and 14. The company, focused on the acquisition, exploration, development, and production of oil and natural gas, aims to highlight its growth strategy at the conference. For investor inquiries, contact Rick D'Angelo at 405-438-0126 or via email at IR@rileypermian.com. For more information, visit www.rileypermian.com.
