secwatch.observer — SEC 8-K summary
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Issuer:     Riley Exploration Permian, Inc. (REPX)
CIK:        0001001614
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001001614-24-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riley Permian Q1 net income $19M, EPS $0.94; production 20.4 MBoe/d; closes $20.5M NM acquisition
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- Net income $19M ($0.94 diluted EPS); Adjusted net income $32M ($1.61 diluted). Revenue $100M.
- Total production averaged 20.4 MBoe/d (oil 14.2 MBbls/d), up 4% oil from prior quarter.
- Generated $23M free cash flow; reduced debt by $15M; paid $0.36/share dividend.
- Closed $20.5M acquisition of Eddy County, NM properties adding ~13,900 net acres and 1.1 MBoe/d.
- Q2 2024 production guidance 20.3-21.3 MBoe/d; full-year capex $115-129M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001614/000100161424000023/0001001614-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001614/000100161424000023/repx-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001001614-24-000023

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