Riley Exploration Permian, Inc. (REPX) is poised for significant earnings growth, with projections indicating a 32% increase in earnings for 2026. The company expects to report its first-quarter results on May 6, 2026. Riley Exploration, which operates primarily in the Permian Basin across Yoakum County, Texas, and Eddy County, New Mexico, has a market cap of approximately $721 million.
Driven by elevated oil prices due to the ongoing Iran War, analysts have raised earnings estimates from $4.13 to $6.84, with a further consensus of $8.65 for 2027. The company also announced a dividend of $0.40 per share, yielding around 4.8%, payable on May 13, 2026, to stockholders of record as of April 29, 2026.
Despite the positive outlook, Riley Permian’s stock has recently faced a sell-off, resulting in a forward price-to-earnings ratio of just 4.9, indicating potential undervaluation. Additionally, the company initiated a $100 million share repurchase program, enhancing shareholder returns.
