Riley Exploration Permian, Inc. REPX

REPX Company Overview

Riley Exploration Permian, Inc. (NYSE: REPX) is an independent oil and natural gas exploration and production company focused primarily on the acquisition, exploration, development, and production of hydrocarbons in the United States. The company operates within the upstream energy sector, with core activities centered on unconventional and conventional resource development in the Permian Basin region. REPX generates the majority of its revenue through the sale of crude oil, natural gas, and natural gas liquids (NGLs), with oil production representing the largest contributor to cash flow based on recent public filings and investor disclosures.

The company’s primary operating focus is the Yeso Trend in the Permian Basin of New Mexico, where it controls a significant acreage position and operates a substantial portion of its wells. REPX positions itself as a technically focused operator emphasizing capital discipline, low-cost development, reserve growth, and operational efficiency. The company traces its origins to Riley Exploration Group, LLC and later became publicly traded through a merger transaction completed in 2021 involving Tengasco, Inc. Since becoming publicly listed, REPX has concentrated on expanding production, optimizing infrastructure, and increasing proved reserves while maintaining a shareholder return strategy that has included dividends.