---
schema_version: "secwatch.filing_event.v1"
accession: "0001001614-23-000030"
form_type: "8-K"
ticker: "REPX"
cik: "0001001614"
company_name: "Riley Exploration Permian, Inc."
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T03:36:07.291208+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Riley Permian Q2 net income $33M, oil output +80% YoY; reduces FY capex guidance

## Summary
- Q2 oil production 15,055 bbl/d (+80% YoY, +52% QoQ); total output 21,236 boe/d (+109% YoY).
- Net income $33.1M ($1.65 diluted EPS); includes $11M non-cash derivative gain; Adjusted EBITDAX $66.3M.
- Acquisition of New Mexico assets closed early Q2; integration on track; drilling commenced April.
- Total capex before acquisitions $39M accrual ($48M cash), below prior guidance; FY capex reduced to $130-152M.
- Dividend maintained at $0.34/share; Q3 2023 production guidance 18.6-19.8 MBoe/d, oil 13.0-14.0 MBbl/d.

## SEC filing metadata
- accession: 0001001614-23-000030
- form_type: 8-K
- ticker: REPX
- cik: 0001001614
- company_name: Riley Exploration Permian, Inc.
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001614/000100161423000030/0001001614-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001614/000100161423000030/repx-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001001614-23-000030
- JSON: https://secwatch.observer/filing/0001001614-23-000030.json
- Plain text: https://secwatch.observer/filing/0001001614-23-000030.txt

## Key facts
- Earnings Releases
  Riley Exploration Permian, Inc. reported the second quarter ended June 30, 2023 results: revenue $ 99,312, net income $33 million, EPS $1.65 per diluted share. Guidance lowered.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $ 99,312
  - Net income: $33 million
  - EPS: $1.65 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: Three Months Ended Six Months Ended June 30, 2023 March 31, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Select Financial Data (in thousands): Oil and natural gas sales, net $ 99,312 $ 66,412 $ 87,781 $ 165,724 $ 154,426 Net income $ 33,068 $ 31,851 $ 38,555 $ 64,919 $ 31,387 Adjusted EBITDAX (1) $ 66,265 $ 43,508 $ 44,797 $ 109,773 $ 79,280 Production Data,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001614/000100161423000030/0001001614-23-000030-index.htm

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