secwatch.observer — SEC 8-K summary
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Issuer:     Riley Exploration Permian, Inc. (REPX)
CIK:        0001001614
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001001614-24-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riley Permian Q4 net income $38M, guides 10% oil production growth in 2024
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- Q4 revenue $100M, net income $38M ($1.90 diluted EPS); full-year revenue $375M, net income $112M ($5.58 diluted EPS).
- Q4 adjusted EBITDAX $64M, free cash flow $33M; full-year free cash flow $70M, up 26% YoY.
- Full-year 2023 oil production 13,156 bbl/d (+49% YoY). 2024 guidance: oil 14,000-15,000 bbl/d, capex $115-130M (-10% midpoint).
- Proved reserves 108 MMBoe (+39% YoY, 62% oil); debt reduced $30M in Q4; Q4 dividend $0.36/share, annual $1.38/share (+9%).
- EOR CO2 injection pilot continues; baseload power JV operating 36% of Yoakum County operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001614/000100161424000009/0001001614-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001614/000100161424000009/repx-20240306.htm
  HTML page:      https://secwatch.observer/filing/0001001614-24-000009

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