secwatch.observer — SEC 8-K summary
======================================

Issuer:     Riley Exploration Permian, Inc. (REPX)
CIK:        0001001614
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001001614-23-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riley Permian Q1 net income $32M, oil production up 32% YoY; New Mexico acquisition closed April 2023
--------------------------------------------------------------------------------

- Net income $32M ($1.60 diluted EPS); revenue from oil and gas sales $66.4M, down 14% QoQ.
- Oil production averaged 9,922 bbl/d (+32% YoY); total production 13,169 Boe/d (+34% YoY).
- Adjusted EBITDAX $44M; operating cash flow $33M; paid $0.34/share dividend ($7M).
- Closed transformative New Mexico acquisition in April 2023; added $200M senior notes to fund it.
- Q2 2023 guidance: total production 20-21 MBoe/d; oil 14-15 MBbl/d; full-year 2023 guidance unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001614/000100161423000017/0001001614-23-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001614/000100161423000017/repx-20230508.htm
  HTML page:      https://secwatch.observer/filing/0001001614-23-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer