Amber Bonney
Amber Bonney, the Company’s Chief Accounting Officer, resigned effective as of June 1, 2024
Highest-materiality recent filing
Riley Permian Q2 net income $87M, raises 2026 oil production guidance to 22.5-23.5 MBbls/d
Q2 net income $87M ($4.11 diluted EPS); Adjusted EBITDAX $80M; revenue $166M.
Riley Permian Q1 net loss $70M; adjusted EPS $1.02; production up 46% YoY
Net loss of $70M ($3.38 diluted EPS); adjusted net income $21M ($1.02 diluted).
Riley Permian reports 2025 net income $161M, production up 30% YoY; provides 2026 guidance
2025 avg production 29.2 MBoe/d (oil 17.3 MBbls/d); Q4 2025 avg 35.5 MBoe/d.
Riley Exploration Permian closes ~$121M midstream sale to Targa; debt cut by $103M
Total cash consideration ~$121M ($111M for midstream interests + $10M for compressor assets + $1.4M reimbursement).
Riley Permian authorizes $100M share repurchase program over 24 months
Board approved repurchase of up to $100M of common stock over 24 months.
Riley Permian sells midstream assets to Targa for $111M cash; up to $60M earnout
Sold Dovetail Midstream (natural gas gathering in Eddy County, NM) for ~$111M cash, subject to adjustments.
Riley Permian Q3 net income $16M ($0.77 EPS); raises dividend 5%, closes Silverback acquisition
Q3 production averaged 32.3 MBoe/d (18.4 MBbls/d oil); revenue $107M, net income $16M.
Riley Permian Q2 revenue down 19% YoY to $85.4M; net income $30M; closes $142M Silverback deal
Revenue $85.4M vs $105.3M in Q2 2024; net income $30M ($1.44 diluted EPS); Adjusted EBITDAX $59.3M.
Riley Permian closes $142M acquisition of Silverback assets in New Mexico's Permian Basin
Closed on July 1, 2025 acquisition of Silverback Exploration II, LLC for ~$142M plus quarterly earnout up to $1.875M in 2026-2027 based on WTI prices.
Riley Permian to acquire Silverback for $142M; Q1 net income $29M
Acquired Silverback Exploration II for ~$142M cash, adding 5 MBoe/d production and 300+ undeveloped locations in Eddy County, NM; expected close early Q3 2025.
FY2024 net income $89M ($4.26 diluted EPS); Adjusted EBITDAX $284M; Total FCF $117M (+67% YoY).
Entered a 15-year gas purchase agreement with a leading third-party midstream service provider for its New Mexico Assets in the Yeso trend.
Riley Permian Q3 net income $25.7M, EPS $1.21; records $30.2M EOR impairment
Total equivalent production 23.4 MBoe/d, oil 15.5 MBbls/d, up 6% QoQ.
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.
Riley Permian Q1 net income $19M, EPS $0.94; production 20.4 MBoe/d; closes $20.5M NM acquisition
Net income $19M ($0.94 diluted EPS); Adjusted net income $32M ($1.61 diluted). Revenue $100M.
Riley Exploration Permian closes public offering, netting ~$25.4M; discloses pending NM acquisition
Net proceeds of ~$25.4M from offering of 2.1M shares (700K new, 1.4M secondary); underwriters exercised 315K option.
Riley Permian launches public offering of 2.1M shares; proceeds to fund pending NM acquisition
2.1M share offering (700k primary, 1.4M secondary); underwriters have 30-day option for 315k more.
Riley Permian Q4 net income $38M, guides 10% oil production growth in 2024
Q4 revenue $100M, net income $38M ($1.90 diluted EPS); full-year revenue $375M, net income $112M ($5.58 diluted EPS).
President Kevin Riley resigns; CEO Bobby D. Riley to also serve as President effective Dec 31, 2023
Kevin Riley resigns as President effective Dec 31, 2023; CEO Bobby D. Riley assumes President role with no compensation change.
Riley Permian Q3 net income $9M, raises dividend 6% to $0.36/share
Q3 oil production 14.0 MBbls/d (19.9 MBoe/d total), up 49% YoY but down 7% vs Q2 due to midstream disruptions.
Riley Exploration Permian enters $50M ATM equity distribution agreement
Up to $50M of common stock may be sold via Truist, Janney Montgomery Scott, and Roth Capital Partners.
Riley Permian Q2 net income $33M, oil output +80% YoY; reduces FY capex guidance
Q2 oil production 15,055 bbl/d (+80% YoY, +52% QoQ); total output 21,236 boe/d (+109% YoY).
REPX completes Pecos acquisition; Pecos 2022 rev $113.4M, net income $25.3M
Acquired assets in Eddy County, NM targeting Yeso trend closed Apr 3, 2023.
Net income $32M ($1.60 diluted EPS); revenue from oil and gas sales $66.4M, down 14% QoQ.
Riley Permian closes $330M New Mexico acquisition with $200M 10.5% notes
Acquired oil and gas assets from Pecos Oil & Gas for $330M; funded by $200M in 10.5% senior unsecured notes due 2028 and revolver borrowings.
Riley Permian Q4 net income $27M, oil production +37% YoY; announces $330M New Mexico acquisition
Net income of $27M ($1.37 EPS); adjusted EBITDAX $46M; oil production 10.0 MBbls/d, above guidance.
Riley Permian acquires Yeso trend assets for $330M; $200M notes to fund
Purchase price $330M for 11,700 net acres in Eddy County, NM; 7.2 MBoe/d current production (58% oil).
Riley Permian Q3 oil production up 36% YoY to 9.4 MBbls/d; net income $60M, dividend raised 10%
Oil production averaged 9.4 MBbls/day, 36% above Q3 2021 and 13% above Q2 2022; total production also record.
Riley Permian increases borrowing base to $225M; schedules Q3 earnings call Nov 15
Borrowing base under senior secured revolving credit facility increased from $200M to $225M effective Oct 25, 2022.
Riley Permian Q3 net income $39M, oil production record, raises FY22 guidance
Net income $38.6M vs loss of $21.5M year ago; Adjusted EBITDAX $44.5M +98% YoY.
Riley Permian reports fiscal Q2 net loss of $7M; adjusted net income $19M, oil production up 24% YoY
Net loss of $7M (incl. $31M non-cash loss on derivatives); adjusted net income $19M; operating income $41M.
Riley Permian increases borrowing base to $200M, extends credit facility to April 2026
Borrowing base increased 14% from $175M to $200M under eleventh amendment to credit agreement.
Riley Permian Q1 net income $21.4M, revenue $56.7M, production 9.9 MBoe/d
Net income $21.4M vs loss $7.9M a year ago; revenue $56.7M, up 153% YoY.
Riley Permian reports FY2021 net loss $65.7M, Adjusted EBITDAX $89.9M; Q4 net income $15.7M
FY2021 production up 22% to 8,640 Boe/d; Q4 production 9,581 Boe/d (+35% YoY).
Riley Permian increases borrowing base from $135M to $175M under revolving credit facility
Borrowing base and elected commitments raised to $175M from $135M as of Oct 12, 2021.
Amber Bonney, the Company’s Chief Accounting Officer, resigned effective as of June 1, 2024
the Company announced the appointment of Jeffrey M. Gutman as Chief Accounting Officer effective as of the Resignation Date.
appointed Mr. John Suter as COO with a starting date on or about June 20, 2024.
Amber Bonney, the Chief Accounting Officer of Riley Exploration Permian, Inc. (the “Company”) informed the Company of her resignation to be effective June 1, 2024.
Corey Riley, formerly the Company’s Executive Vice President – Business Intelligence, became the Company’s Chief Information Officer and Chief Compliance Officer.
The Company approved the appointment of Jeffrey M. Gutman as the Chief Accounting Officer on April 26, 2024 with an effective date of June 1, 2024.
Bobby D. Riley, the Company’s Chief Executive Officer and Chairman of our Board of Directors, will assume the role of President of the Company, effective as of the Resignation Date.
On December 21, 2023, Riley Exploration Permian, Inc. (the “Company”) announced that Kevin Riley, the Company’s President, will be resigning effective December 31, 2023
appointed Rebecca L. Bayless as an independent member to fill the newly-created directorship.
Effective as of September 1, 2021, Mr. Philip Riley was appointed as Chief Financial Officer of the Company.
Effective as of September 1, 2021 (the “Separation Date”), Mr. Michael J. Rugen has resigned as Chief Financial Officer and as a director of Riley Exploration Permian, Inc. (the "Company").
Effective as of September 1, 2021 (the “Separation Date”), Mr. Michael J. Rugen has resigned as Chief Financial Officer and as a director of Riley Exploration Permian, Inc. (the "Company").
Max materiality 0.90 · Median 0.70 · Most common event earnings