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Riley Permian Declares Quarterly Cash Dividend

Riley Exploration Permian, Inc. (NYSE American: REPX) announced a cash dividend of $0.34 per share, payable on February 8, 2023, for stockholders of record by January 25, 2023.

(Moderate)

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.

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Rhea-AI Summary

Riley Exploration Permian, Inc. (NYSE American: REPX) announced a cash dividend of $0.34 per share, payable on February 8, 2023, for stockholders of record by January 25, 2023. This dividend marks the 16th consecutive quarter of dividends distributed to shareholders. The company operates in the oil and natural gas sector, focusing on acquisition, exploration, development, and production.

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Positive

  • 16 consecutive quarters of dividend payments.
  • Dividend payment of $0.34 reflects company stability and confidence.

Negative

  • None.
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+3.43% session move Open Argus
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News Market Reaction – REPX

The recorded move for REPX in the trading session of this news was +3.43%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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OKLAHOMA CITY, Jan. 11, 2023 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that its Board of Directors has approved a cash dividend on the Company's common stock in the amount of $0.34 per share. The dividend is payable on February 8, 2023 to stockholders of record as of the close of business on January 25, 2023.  This marks the 16th consecutive quarter that the Company has distributed a dividend to its common shareholders.

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/riley-permian-declares-quarterly-cash-dividend-301719646.html

SOURCE Riley Exploration Permian, Inc.

FAQ

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

What is the dividend amount for REPX in February 2023?

Riley Exploration Permian declared a dividend of $0.34 per share.

When is the dividend for REPX payable?

The dividend is payable on February 8, 2023.

What is the record date for REPX's dividend?

The record date for the dividend is January 25, 2023.

How many consecutive quarters has REPX paid dividends?

Riley Exploration Permian has paid dividends for 16 consecutive quarters.

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