Riley Permian Declares Cash Dividend

Riley Exploration Permian, Inc. (NYSE American: REPX) has declared a cash dividend of $0.28 per share on its common stock.

Rhea-AI Summary

Riley Exploration Permian, Inc. (NYSE American: REPX) has declared a cash dividend of $0.28 per share on its common stock. The dividend will be payable on August 6, 2021 to stockholders of record as of July 23, 2021. This announcement reflects the company's ongoing commitment to enhancing shareholder value through consistent cash returns. Riley Permian focuses on growth in reserves, production, and cash flow via strategic activities in the Permian Basin.

Positive

• Declared a cash dividend of $0.28 per share, enhancing shareholder value.
• Demonstrates ongoing commitment to returning cash to shareholders.

Negative

• None.

Argus Publication session

+2.87% session move Open Argus

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News Market Reaction – REPX

In the trading session that priced this news, REPX gained 2.87%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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OKLAHOMA CITY, July 9, 2021 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that its Board of Directors has declared a cash dividend on the Company's common stock in the amount of $0.28 per share. The dividend is payable on August 6, 2021 to stockholders of record as of the close of business on July 23, 2021.

About Riley Exploration Permian, Inc.
Riley Permian is an independent oil and natural gas company focused on steadily growing its reserves, production and cash flow per share through the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids in the Permian Basin. For more information please visit www.rileypermian.com.  

Philip Riley
ir@rileypermian.com
(405) 438-0126

Source: Riley Exploration Permian, Inc.

 

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SOURCE Riley Exploration Permian, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Riley Exploration Permian?

The declared dividend amount is $0.28 per share.

When is the dividend payment date for REPX?

The dividend payment date is August 6, 2021.

What is the record date for the dividend payment for REPX?

The record date for the dividend payment is July 23, 2021.

How does the dividend impact REPX shareholders?

The dividend provides a direct cash return to shareholders, improving overall shareholder value.