Riley Permian Reports Third Quarter 2026 Results
Key Highlights
- ➤Oil production 25.4 MBbls/d, up 20% quarter-over-quarter and 38% year-over-year
- ➤Operating cash flow $111 million, up 75% quarter-over-quarter; Total Free Cash Flow $42 million
- ➤Debt reduced 10% quarter-over-quarter to $245 million
- ➤Fourth-quarter oil production guided at 25.5–26.5 MBbls/d; total equivalent 42.5–43.5 MBoe/d
- ➤Senior Notes fully prepaid; credit facility borrowing base increased to $450 million
Expert Statements
Bobby Riley, CEO and Chairman of the Board of Riley Exploration Permian
“Going forward, and based on current market conditions, we plan to continue investing significantly in the development of our assets, supported by our large and growing base of undeveloped inventory, improving third-party infrastructure conditions, and the currently supportive commodity price environment.”
OKLAHOMA CITY, Nov. 4, 2026 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company"), today reported financial and operating results for the third quarter ended September 30, 2026.
* Increased oil production by 20% quarter-over-quarter (+38% year-over-year) to 25.4 MBbls/d, with total equivalent production of 42.0 MBoe/d * Grew operating cash flow 75% quarter-over-quarter (+75% year-over-year) to $111 million and $42 million of Total Free Cash Flow((1)) * Incurred total accrual capital expenditures before acquisitions of $53 million and cash capital expenditures before acquisitions of $66 million * Reduced debt by 10% quarter-over-quarter (-35% year-over-year) to $245 million ADDITIONAL UPDATES
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