Denali Advisors LLC Boosts Stock Holdings in Riley Exploration Permian, Inc. $REPX

Posted by Brian Himes on Aug 20th, 2026

Denali Advisors LLC grew its stake in shares of Riley Exploration Permian, Inc. (NYSE:REPX – Free Report) by 1,524.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 228,051 shares of the company’s stock after purchasing an additional 214,010 shares during the quarter. Denali Advisors LLC owned approximately 1.03% of Riley Exploration Permian worth $7,517,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in REPX. Aster Capital Management DIFC Ltd bought a new position in shares of Riley Exploration Permian during the fourth quarter valued at about $27,000. Royal Bank of Canada increased its holdings in Riley Exploration Permian by 210.9% during the 4th quarter. Royal Bank of Canada now owns 1,138 shares of the company’s stock valued at $31,000 after purchasing an additional 772 shares during the period. Quarry LP purchased a new position in Riley Exploration Permian during the 3rd quarter valued at about $46,000. Advisory Services Network LLC bought a new position in Riley Exploration Permian during the 3rd quarter valued at approximately $65,000. Finally, Parkwood LLC purchased a new stake in Riley Exploration Permian in the 3rd quarter worth approximately $68,000. 58.91% of the stock is currently owned by institutional investors.

Riley Exploration Permian Price Performance

Shares of NYSE REPX opened at $37.42 on Thursday. Riley Exploration Permian, Inc. has a 1 year low of $24.08 and a 1 year high of $41.53. The stock has a market capitalization of $829.00 million, a P/E ratio of 6.63 and a beta of 0.93. The company’s 50-day moving average is $34.22 and its 200 day moving average is $33.95. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.70 and a quick ratio of 0.64.

Riley Exploration Permian Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 12th. Shareholders of record on Wednesday, July 29th were issued a dividend of $0.40 per share. The ex-dividend date was Wednesday, July 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.3%. Riley Exploration Permian’s dividend payout ratio is 28.99%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Zacks Research lowered Riley Exploration Permian from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Truist Financial decreased their target price on Riley Exploration Permian from $47.00 to $41.00 and set a “buy” rating for the company in a report on Wednesday, August 12th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $45.00 price target on shares of Riley Exploration Permian in a research note on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $43.00.

Check Out Our Latest Research Report on REPX

Insiders Place Their Bets

In other news, CEO Bobby Riley sold 12,500 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $35.85, for a total value of $448,125.00. Following the completion of the transaction, the chief executive officer owned 482,983 shares of the company’s stock, valued at approximately $17,314,940.55. This represents a 2.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Corey Neil Riley sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $35.20, for a total value of $123,200.00. Following the completion of the transaction, the insider owned 210,062 shares of the company’s stock, valued at approximately $7,394,182.40. The trade was a 1.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 20,000 shares of company stock worth $721,765. Company insiders own 4.20% of the company’s stock.

About Riley Exploration Permian

(Free Report)

Riley Exploration Permian, Inc (NYSE:REPX) is a special purpose acquisition company formed to identify, acquire and operate assets in the oil and natural gas sector, with a dedicated focus on the Permian Basin. Incorporated in Delaware, the company completed its initial public offering on the New York Stock Exchange and is positioned to pursue a business combination with one or more upstream or midstream energy businesses. Riley Exploration Permian’s strategy centers on leveraging the region’s prolific reservoirs and existing infrastructure to drive growth and value for its shareholders.

The company seeks to target exploration and production assets in both the Midland and Delaware sub-basins of West Texas and southeastern New Mexico, where extensive pipeline networks and favorable geologic characteristics support efficient development.