Riley Permian Reports First Quarter 2026 Results
OKLAHOMA CITY, May 6, 2026 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company"), today reported financial and operating results for the first quarter ended March 31, 2026. FIRST QUARTER 2026 HIGHLIGHTS Reported 35.6 MBoe/d of total equivalent production (oil production of 20.2 MBbls/d) Generated $47 million of operating cash flow or $55 million before changes in working capital(1) and $24 million of Total Free Cash Flow(1) Incurred total accrual (activity-based) capital expenditures before acquisitions of $47 million and cash capital expenditures before acquisitions of $31 million Reduced debt by $8 million with a quarter-end debt-to-Adjusted EBITDAX(1) ratio of 1.0x(2) Repurchased 152 thousand shares of stock for $4 million Bobby Riley, Chief Executive Officer and Chairman of the Board commented, "Our first quarter results reflect strong operational execution, with production exceeding guidance and capital spending below expectations.