---
schema_version: "secwatch.filing_event.v1"
accession: "0001001614-23-000010"
form_type: "8-K"
ticker: "REPX"
cik: "0001001614"
company_name: "Riley Exploration Permian, Inc."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:08:49.175306+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Riley Permian Q4 net income $27M, oil production +37% YoY; announces $330M New Mexico acquisition

## Summary
- Net income of $27M ($1.37 EPS); adjusted EBITDAX $46M; oil production 10.0 MBbls/d, above guidance.
- Full year 2022 oil production 8.8 MBbls/d (+31% YoY); net income $118M; operating cash flow $170M.
- Entered $330M cash acquisition of Pecos Oil & Gas assets in Eddy County, NM, expected close early Q2 2023.
- 2023 combined guidance: oil 12.8-13.4 MBbls/d (pro forma), capex $160-180M; Q1 standalone oil 9.8-10.2 MBbls/d.
- Quarterly dividend raised 10% to $0.34/share; credit facility borrowing base increased to $225M.

## SEC filing metadata
- accession: 0001001614-23-000010
- form_type: 8-K
- ticker: REPX
- cik: 0001001614
- company_name: Riley Exploration Permian, Inc.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001614/000100161423000010/0001001614-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001614/000100161423000010/repx-20230308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001001614-23-000010
- JSON: https://secwatch.observer/filing/0001001614-23-000010.json
- Plain text: https://secwatch.observer/filing/0001001614-23-000010.txt

## Key facts
- Earnings Releases
  Riley Exploration Permian, Inc. updated its the fourth quarter and year ended December 31, 2022 guidance (reaffirmed).
  - Period: the fourth quarter and year ended December 31, 2022
  - Guidance: reaffirmed
  - Result: reported results
  source text: On March 8, 2023, Riley Exploration Permian, Inc. (the “Company”) announced its financial condition and results of operations for the fourth quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001614/000100161423000010/0001001614-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.