Riley Exploration Permian (NYSE:REPX) Sets New 1-Year High – Here’s What Happened

Posted by Brian Himes on Sep 10th, 2026

Riley Exploration Permian, Inc. (NYSE:REPX – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $42.11 and last traded at $42.72, with a volume of 342925 shares. The stock had previously closed at $41.93.

Wall Street Analysts Forecast Growth

REPX has been the topic of a number of analyst reports. Truist Financial dropped their target price on Riley Exploration Permian from $47.00 to $41.00 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. Zacks Research cut Riley Exploration Permian from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Finally, Roth Capital reaffirmed a “buy” rating and set a $45.00 target price 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 MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $43.00.

Get Our Latest Analysis on Riley Exploration Permian

Riley Exploration Permian Stock Up 0.7%

The stock has a market capitalization of $955.72 million, a price-to-earnings ratio of 7.65 and a beta of 0.96. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.70 and a quick ratio of 0.64. The business has a fifty day moving average of $36.15 and a 200 day moving average of $35.19.

Riley Exploration Permian Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 12th. Shareholders of record on Wednesday, July 29th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Wednesday, July 29th. Riley Exploration Permian’s dividend payout ratio (DPR) is 28.99%.

Insider Buying and Selling

In related news, insider Corey Riley sold 3,500 shares of the business’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $35.20, for a total value of $123,200.00. Following the sale, the insider owned 210,062 shares in the company, valued at approximately $7,394,182.40. The trade was a 1.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Philip A. Riley sold 4,000 shares of Riley Exploration Permian stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $37.61, for a total value of $150,440.00. Following the completion of the transaction, the chief financial officer directly owned 235,503 shares of the company’s stock, valued at approximately $8,857,267.83. This represents a 1.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 20,000 shares of company stock valued at $721,765. Company insiders own 4.20% of the company’s stock.

Hedge Funds Weigh In On Riley Exploration Permian

Several institutional investors have recently modified their holdings of REPX. BlackRock Inc. purchased a new stake in shares of Riley Exploration Permian during the second quarter worth approximately $40,302,000. Arrowstreet Capital Limited Partnership raised its holdings in Riley Exploration Permian by 572.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 608,833 shares of the company’s stock worth $22,192,000 after purchasing an additional 518,340 shares in the last quarter. California State Teachers Retirement System boosted its holdings in shares of Riley Exploration Permian by 3,781.5% in the 2nd quarter. California State Teachers Retirement System now owns 482,271 shares of the company’s stock valued at $14,632,000 after buying an additional 469,846 shares in the last quarter. First Eagle Investment Management LLC raised its stake in Riley Exploration Permian by 134.0% during the 2nd quarter. First Eagle Investment Management LLC now owns 430,946 shares of the company’s stock worth $14,204,000 after acquiring an additional 246,798 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in Riley Exploration Permian in the second quarter valued at $8,021,000. Institutional investors and hedge funds own 58.91% of the company’s stock.

About Riley Exploration Permian

(Get 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.