Amber Bonney
Amber Bonney, the Company’s Chief Accounting Officer, resigned effective as of June 1, 2024
Highest-materiality recent filing
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).
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.
Max materiality 0.90 · Median 0.70 · Most common event earnings