Riley Permian Announces Increase in Borrowing Base and Schedules Third Quarter 2022 Earnings Release and Conference Call
Riley Exploration Permian recently announced an increase in its borrowing base from $200 million to $225 million through its senior secured revolving credit facility.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Riley Exploration Permian recently announced an increase in its borrowing base from $200 million to $225 million through its senior secured revolving credit facility. Additionally, the company plans to release its third quarter 2022 financial and operational results on November 14, 2022, after market close. A conference call for discussing these results will take place on November 15, 2022, at 10:00 a.m. CT. Interested parties can participate via a toll-free number or by dialing in directly. Further details will be provided in a company presentation prior to the call.
Positive
- Increased borrowing base from $200 million to $225 million.
Negative
- None.
Details
News Market Reaction – REPX
The recorded move for REPX in the trading session of this news was +3.24%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
OKLAHOMA CITY, Oct. 26, 2022 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") announced that its bank group has increased the Company's borrowing base of its senior secured revolving credit facility from
Additionally, the Company announced plans to release third quarter 2022 financial and operating results on November 14, 2022 after the U.S. financial markets close.
In connection with the earnings release, Riley Permian management will host a conference call for investors and analysts on November 15, 2022 at 10:00 a.m. CT to discuss the Company's results and to host a Q&A session. Interested parties are invited to participate by calling:
- Toll Free Dial-In, 1 (888) 330-2214
- Toll Dial-In, 1 (646) 960-0161
- Conference ID number 5405646
An updated company presentation, which will include certain items to be discussed on the call, will be posted prior to the call on the Company's website (www.rileypermian.com).
A replay of the call will be available until November 29, 2022 by calling:
- Toll Free Dial-In, 1 (800) 770-2030
- Toll Dial-In, 1 (647) 362-9199
- Conference ID number 5405646
About Riley Exploration Permian, Inc.
Riley Permian is a growth-oriented, independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids. For more information please visit www.rileypermian.com.
Investor Contact:
Rick D'Angelo
405-438-0126
IR@rileypermian.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/riley-permian-announces-increase-in-borrowing-base-and-schedules-third-quarter-2022-earnings-release-and-conference-call-301660443.html
SOURCE Riley Exploration Permian, Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.