Riley Exploration Permian (NYSE:REPX) CEO Bobby Riley Sells 12,500 Shares of Stock

Posted by Stanley Muller on May 13th, 2026

Riley Exploration Permian, Inc. (NYSE:REPX – Get Free Report) CEO Bobby Riley sold 12,500 shares of Riley Exploration Permian stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $34.45, for a total value of $430,625.00. Following the completion of the transaction, the chief executive officer directly owned 313,020 shares in the company, valued at $10,783,539. This represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Riley Exploration Permian Stock Performance

NYSE REPX opened at $36.35 on Wednesday. The firm has a market capitalization of $788.65 million, a P/E ratio of 6.45 and a beta of 0.93. 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, Inc. has a 1-year low of $24.08 and a 1-year high of $41.26. The business’s 50-day simple moving average is $35.10 and its 200-day simple moving average is $29.77.

Riley Exploration Permian Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 13th. Investors of record on Wednesday, April 29th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Wednesday, April 29th. Riley Exploration Permian’s dividend payout ratio (DPR) is presently 56.14%.

Institutional Investors Weigh In On Riley Exploration Permian

Several hedge funds and other institutional investors have recently bought and sold shares of REPX. TrueMark Investments LLC purchased a new stake in Riley Exploration Permian during the 3rd quarter worth approximately $3,027,000. Cannell & Spears LLC purchased a new stake in Riley Exploration Permian during the 3rd quarter worth approximately $2,224,000. Dimensional Fund Advisors LP increased its holdings in Riley Exploration Permian by 15.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 616,564 shares of the company’s stock worth $22,474,000 after purchasing an additional 80,770 shares during the last quarter. First Trust Advisors LP increased its holdings in Riley Exploration Permian by 172.6% during the 4th quarter. First Trust Advisors LP now owns 126,507 shares of the company’s stock worth $3,340,000 after purchasing an additional 80,099 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Riley Exploration Permian during the 2nd quarter worth approximately $2,033,000. 58.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. William Blair reiterated an “outperform” rating on shares of Riley Exploration Permian in a report on Thursday, March 5th. Zacks Research upgraded Riley Exploration Permian from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Truist Financial assumed coverage on Riley Exploration Permian in a report on Tuesday, March 24th. They set a “buy” rating and a $47.00 target price on the stock. Finally, Roth Mkm reiterated a “buy” rating on shares of Riley Exploration Permian in a report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to MarketBeat, the company currently has an average rating of “Strong Buy” and an average price target of $41.50.

View Our Latest Research Report on Riley Exploration Permian

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.