Riley Exploration Permian, Inc. files SEC reports that document its upstream oil and gas operations, financial results and public-company governance. Its Form 8-K disclosures cover operating and financial results, production metrics, capital expenditures, cash flow measures, debt activity, share repurchase authorization and other material events.
Proxy materials describe board composition, director elections, executive compensation and equity-based incentive matters. The filing record also includes capital-structure and material-agreement disclosures tied to the company's common stock, debt position, governance framework and oil and gas operating profile in Texas and New Mexico.
Riley Exploration Permian, Inc. reported strong operating results for the quarter ended June 30, 2026, with total revenues of $165.9 million, up sharply from $85.4 million a year earlier, and net income of $87.4 million versus $30.5 million. Quarterly diluted EPS rose to $4.11. Growth was driven by higher oil prices and a ~40% increase in oil volumes, reflecting new wells and contributions from the Silverback Acquisition.
For the first six months of 2026, revenues increased to $279.7 million from $187.9 million, but net income fell to $16.9 million from $59.1 million, primarily due to a $93.7 million derivative loss. Average Q2 2026 production rose to 34,264 Boe/d, while natural gas and NGLs realized negative prices after GP&T costs amid Permian basis constraints. Operating cash flow for the first half was $110.7 million, funding significantly higher capital spending and joint-venture investments.
At June 30, 2026, the company held $1.27 billion in assets, total debt of $267.5 million (including $138.0 million under its Credit Facility and $129.5 million of Senior Notes), and shareholders’ equity of $633.4 million. The borrowing base on the Credit Facility was increased to $425 million, with $262 million of availability. Riley continued shareholder returns through cash dividends totaling about $17.3 million year-to-date and common stock repurchases of 177,408 shares under a $100 million authorization, of which $95 million remained available.
Riley Exploration Permian reported second-quarter 2026 revenue of $166 million and net income of $87 million, or $4.11 per diluted share. Average production was 34.3 MBoe/d, including 21.2 MBbls/d of oil. Operating cash flow was $64 million, or $75 million before working-capital changes, and Adjusted EBITDAX was $80 million. The company generated $6 million of Total Free Cash Flow while incurring $87 million of accrual and $68 million of cash capital expenditures. Realized oil prices averaged $94.28 per barrel, while natural gas and NGL prices were negative due to Waha pricing and gathering, processing and transportation costs. A $36 million realized loss on derivative settlements and a $69 million non-cash gain produced a $33 million net gain on derivatives.
Total debt rose by $26 million to $273 million of principal, with lease operating expenses of $29 million, or $9.44 per Boe, including $11 million of workovers. Riley repurchased 25 thousand shares for $1 million and paid a $0.40 per-share dividend totaling $9 million. New Mexico production was temporarily reduced by midstream outages, with June oil output at 24.4 MBbls/d, and a new Targa pipeline is expected online in fourth-quarter 2026. Updated guidance targets Q3 2026 net production of 40.5–41.5 MBoe/d and full-year 2026 oil production of 22.5–23.5 MBbls/d, implying approximately 30% year-over-year oil growth and capital expenditures of $230–$242 million plus $9–$10 million for the power joint venture.
BlackRock, Inc. reports beneficial ownership of common stock of RILEY EXPLORATION PERMIAN INC. BlackRock and certain reporting business units collectively hold 1,127,206 shares, representing 5.2% of the company’s common stock.
BlackRock has sole voting power over 1,085,220 shares and sole dispositive power over 1,127,206 shares, with no shared voting or dispositive power. Various underlying clients and funds have rights to dividends and sale proceeds, but no single underlying holder has more than five percent of the total outstanding common shares. The filing is signed on behalf of BlackRock by Managing Director Spencer Fleming.
Riley Exploration Permian, Inc. Chief Operating Officer John Patrick Suter reported a tax-withholding disposition of 2,229 shares of common stock at $32.96 per share. These shares were surrendered to cover withholding tax from the vesting of restricted stock and were not a discretionary trade. After this transaction, he holds 134,198 shares directly, including 119,968 shares of restricted common stock subject to vesting and other restrictions.
Riley Exploration Permian, Inc. reported that CAO & EVP Commercial Risk Jeffrey Gutman surrendered 1,720 shares of common stock at $32.96 per share to cover withholding taxes on newly vested restricted stock. The company notes this was a tax-withholding disposition, not a discretionary trade. Following the transaction, Gutman directly holds 98,130 shares of common stock, including 89,765 shares of restricted stock that remain subject to vesting and other restrictions.
Riley Exploration Permian CEO Bobby Riley sold 30,000 shares of common stock in an open-market transaction. The weighted average sale price was $36.2201 per share, with individual trades ranging from $35.80 to $36.455. After this sale, he directly holds 495,483 shares, including 359,462 shares of restricted common stock subject to vesting and other restrictions.
Riley Exploration Permian insider sells reported on Form 144. Bobby D. Riley reported dispositions of 30,000 shares on 06/10/2026 for $1,086,603.00 and 12,500 shares on 05/11/2026 for $430,603.00. The filing also lists compensation issuances of 23,944 shares on 04/01/2026 and 6,056 shares on 10/01/2025. Shares outstanding are shown as 21,695,947 as of 06/10/2026.
Yorktown Energy Partners XI, L.P. and affiliated entities filed Amendment No. 1 to their Schedule 13D on Riley Exploration Permian, Inc. The amendment reflects a pro rata in-kind distribution by Yorktown XI of 500,000 shares of common stock on May 28, 2026.
After this distribution, each reporting person is shown as beneficially owning 1,284,113 shares of Riley Exploration common stock, representing 5.92% of the outstanding shares. The percentage is based on 21,695,947 shares outstanding as of May 4, 2026, as reported in Riley’s Form 10-Q.
NORDBERG E WAYNE reported acquisition or exercise transactions in this Form 4 filing.
Riley Exploration Permian director E. Wayne Nordberg reported a grant of 7,143 shares of common stock as time-based restricted stock under the company’s Second Amended and Restated 2021 Long Term Incentive Plan. The shares vest on June 1, 2027, subject to continued service and other restrictions.
Following this award, Nordberg beneficially owns 31,694 shares of common stock, including 14,667 shares of restricted stock that remain subject to vesting and related conditions.
SUTER JOHN PATRICK reported acquisition or exercise transactions in this Form 4 filing.
Riley Exploration Permian, Inc. reported that Chief Operating Officer John Patrick Suter received two equity awards of common stock as compensation. One grant covers 34,050 shares of time-based restricted stock that vest in three equal annual installments on April 1, 2027, April 1, 2028, and April 1, 2029, subject to forfeiture and accelerated vesting provisions. A separate performance-based restricted stock award covers up to 31,619 shares as the maximum payout opportunity, equal to 200% of the target award, and cliff vests on April 1, 2029 based on the company’s relative total shareholder return versus a peer group over the period from January 1, 2026 through December 31, 2028. Both awards were granted at a stated price of $0.00 per share and are subject to vesting and other restrictions.