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

Issuer:     Riley Exploration Permian, Inc. (REPX)
CIK:        0001001614
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001001614-24-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riley Permian Q2 net income $33.5M, FCF $38.3M; reaffirms FY guidance
---------------------------------------------------------------------

- Revenue $105.4M, net income $33.5M ($1.59 diluted EPS); Adjusted EBITDAX $73.3M.
- Average oil production 14.7 MBbls/d, total 21.3 MBoe/d; oil price $79.25/bbl.
- Reduced debt by $20M; raised $25.4M via equity offering at $27.00/share.
- Closed acquisition of ~13,900 net acres in Eddy County, NM for $17.6M.
- Q3 guidance issued: production 21.0-23.0 MBoe/d; E&P capex $27-34M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001614/000100161424000046/0001001614-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001614/000100161424000046/repx-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001001614-24-000046

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