Welcome to our dedicated page for Riley Exploration Permian news (Ticker: REPX), a resource for investors and traders seeking the latest updates and insights on Riley Exploration Permian stock.
Riley Exploration Permian, Inc. reports developments as an upstream oil and gas company operating in Texas and New Mexico with infrastructure projects that complement its operations. Company news centers on production, oil and natural gas operating results, capital expenditures, operating cash flow, free cash flow measures, debt levels and guidance.
Recurring updates also cover capital allocation decisions, including quarterly cash dividends, common stock repurchases and debt reduction. Governance items, board changes and completed asset or infrastructure-related transactions appear alongside the company's periodic financial and operating releases.
Tengasco and Riley Exploration – Permian announced a merger with a 1-for-12 reverse stock split effective March 1, 2021. Following the merger on February 26, Tengasco will rebrand to Riley Exploration Permian, Inc., and trade under the new symbol 'REPX'. The reverse split will consolidate shares, maintaining their par value at $0.001. A majority of stockholders approved the split, which will not change ownership percentages, except for fractional shares compensated with whole shares. Continental Stock Transfer & Trust Company will manage the exchange.