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what it is
Riley Exploration Permian drills for oil, natural gas, and NGLs in Texas and New Mexico.
how it gets paid
Last year Repx made $392M in revenue. Oil sales was the main engine at $250M, or 64% of sales.
why growth slowed
Revenue fell 4.4% last year. $295M mattered most because one quarter delivered revenue equal to about 75% of the entire trailing-year total of $392M.
what just happened
The last reported quarter put up $295M of revenue and $3.56 of EPS, which is absurd next to a $716M market cap.
At a glance
C++ balance sheet — some cracks in the foundation
10/100 earnings predictability — expect surprises
6.5x trailing p/e — the market's not buying it — or you found a deal
4.8% dividend yield — cash in your pocket every quarter
13.9% return on capital — nothing to write home about
xvary composite: 32/100 — weak
What they do
Riley Exploration Permian drills for oil, natural gas, and NGLs in Texas and New Mexico.
Its edge is concentration. Riley runs large, contiguous acreage blocks in Yoakum County, Texas and Eddy County, New Mexico, so your wells, crews, and infrastructure stay close together. That compact footprint helps produce a 34.0% operating margin on $392M of annual revenue with just 103 employees.
How they make money
$392M
annual revenue · their business grew -4.4% last year
Oil sales
$250M
Natural gas sales
$72M
NGL sales
$50M
Other operating revenue
$20M
The products that matter
drills and sells crude oil
Oil Production
core revenue engine
The company generated $392M in revenue last year, and management is hanging the next chapter on 20%+ oil volume growth in 2026. That's the operating number you care about now.
2026 growth target
sells gas and NGL volumes
Natural Gas & NGLs
no segment breakout here
This snapshot does not split the $392M revenue base between oil, gas, and NGLs. Thin disclosure does not make the business bad. It does mean you have less help when commodity prices move in different directions.
data gap
Key numbers
6.5x
trailing p/e
P/E → price-to-earnings → how many dollars you pay for one dollar of profit. At 6.5x, you are paying a bargain multiple for a profitable producer.
4.8%
dividend yield
Dividend yield → cash paid to shareholders each year as a share of stock price → you are getting paid while waiting.
34.0%
operating margin
Operating margin → profit after running the business, before interest and taxes → Riley keeps 34 cents of every revenue dollar.
$347M
long-term debt
Debt is the part that can turn a cheap stock into a painful one if oil prices slide.
Financial health
C++
strength
- balance sheet grade C++ — below average — limited financial resources
- risk rank 4 — safer than 20% of stocks
- price stability 5 / 100
- long-term debt $347M (33% of capital)
C++ — below average. watch for debt servicing and cash burn.
Total return vs. market
Return history isn't available for REPX right now.
source: institutional data · return history unavailable
What just happened
beat estimates
The last reported quarter put up $295M of revenue and $3.56 of EPS, which is absurd next to a $716M market cap.
Revenue rose 176% vs. prior year and EPS jumped 362%, based on the latest SEC-verified quarter provided. Contrast that with full-year revenue of $392M, down 4.4%, and you get the real story: this business is lumpy, but the upside in strong periods is violent.
$295M
revenue
$3.56
eps
176%
revenue growth
the number that mattered
$295M mattered most because one quarter delivered revenue equal to about 75% of the entire trailing-year total of $392M.
source: company earnings report, 2026
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What could go wrong
REPX is trying to fund growth, keep paying you a 4.8% dividend, and manage $347M of debt while the business still lives and dies by commodity pricing. That combination is the whole risk story.
high
oil price volatility
This is still a direct bet on crude. WTI above $78 supports the current tone. A move toward $65 changes the math fast for cash generation and drilling plans.
The current risk model says a 15% drop in oil prices could erase over 30% of operating cash flow.
high
execution on 20%+ oil growth
The 2026 narrative depends on hitting more than 20% oil volume growth. That is not a side detail. That is the thesis.
What would change our mind: if the company misses that production path, the bull case gets much thinner because the quarter's one-time gain stops masking the weaker core story.
med
debt and capital allocation squeeze
Long-term debt is $347M, or 33% of capital. The 4.8% dividend and the new $4M buyback both pull from the same cash pool as drilling and balance sheet repair.
If oil weakens, financial flexibility goes first. That is what a C++ balance sheet usually means in practice.
med
earnings quality distortion
Trailing earnings include a one-time gain. That makes simple valuation screens flatter the stock more than the underlying operating trend deserves.
If normalized earnings settle closer to the $4.26 estimate than the $7.59 reported figure, the stock is not as cheap as the 6.5x headline suggests.
A move from $78 oil toward $65 would hit a business with $347M of debt, a 4.8% dividend, and a growth plan that still has to prove itself in the field.
source: institutional data · regulatory filings · risk analysis
Pay attention to
earnings
q1 2026 report
Expected on 2026-05-06. Consensus EPS is $0.89. You want the first look at whether the 2026 growth pitch is showing up in operating numbers.
production
oil volume trajectory
20%+ oil growth is the whole near-term story. Quarter-by-quarter volume progress matters more than another headline EPS beat after the one-time gain.
commodity
WTI crude price
The page already gives you the stress frame: $78 works a lot better than $65. This stock does not get to ignore the tape.
capital allocation
dividend, buyback, and debt
The 4.8% dividend, $4M buyback, and $347M debt load all pull on the same cash pool. Watch which priority wins from here.
Analyst rankings
earnings predictability
10 / 100
in human-speak, analysts do not trust this earnings stream to behave consistently.
risk rank
4
That means it is safer than roughly 20% of stocks in the dataset. You are not buying a defensive energy name.
source: institutional data
Institutional activity
institutional ownership data for REPX is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$33
current price
n/a
target midpoint · n/a from current
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