Riley Exploration Permian, Inc.: directors' dealings · United States · SEC (Form 4)

About Riley Exploration Permian, Inc.

Riley Exploration Permian, Inc. (NYSE American: REPX) is a United States-based independent oil and natural gas company listed on the NYSE American market. Its business is focused on the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids, with operations concentrated primarily in Texas and New Mexico. The company is headquartered in Oklahoma City, Oklahoma, reflecting its roots in the core of the U.S. energy industry. ([rileypermian.com](https://rileypermian.com/investors/press-releases/news-details/2025/Riley-Permian-Announces-Closing-of-New-Mexico-Acquisition/default.aspx)) Riley Permian’s history is tied to the Riley entrepreneurial group and earlier operating entities. Company materials indicate that Kevin Riley co-founded REG in 2007, and that the business built early positions in the Wolfberry trend of the Permian Basin as well as other producing areas such as the Eagle Ford and Arkoma-Woodford. That background suggests a long-running strategy centered on basin-focused asset accumulation, operational execution, and technical development rather than a broad, diversified energy model. ([rileypermian.com](https://rileypermian.com/files/doc_presentations/Business-Combination-Transaction-Overview-s.pdf)) Operationally, the company is an upstream-first producer. Its core value proposition is the development of oil and gas assets in the Permian Basin area, where inventory depth, infrastructure access and capital efficiency are key competitive levers. Riley also uses selective acquisitions to expand scale and high-grade its acreage. In 2025, for example, it closed the acquisition of Silverback Exploration II, LLC, adding assets in Eddy County, New Mexico. Shortly afterward, the company sold its New Mexico midstream project, explicitly stating that the divestiture would allow it to focus capital and expertise on upstream development and remove future midstream expansion spending obligations. ([rileypermian.com](https://rileypermian.com/investors/press-releases/news-details/2025/Riley-Permian-Announces-Closing-of-New-Mexico-Acquisition/default.aspx)) From a competitive standpoint, Riley Permian is best viewed as a mid-cap independent E&P company with a concentrated geographic footprint and a disciplined capital allocation framework. It does not compete with the supermajors on scale; instead, it competes on operating efficiency, reserve conversion, acreage quality and balance sheet management within one of North America’s most attractive hydrocarbon basins. This makes the company highly sensitive to commodity prices, but also potentially well-positioned to benefit when execution and realized pricing are favorable. ([rileypermian.com](https://rileypermian.com/investors/press-releases/news-details/2026/Riley-Permian-Reports-2025-Results-and-Provides-2026-Guidance/default.aspx)) Recent developments matter for investors. On March 4, 2026, Riley Permian reported its 2025 results and 2026 guidance, including fourth-quarter average production of 35.5 MBoe/d, the sale of its Dovetail Midstream interests for $123 million in cash plus a possible earn-out, and $120 million of debt reduction. The company also declared a quarterly dividend in 2026 and initiated a new share repurchase program, signaling an active capital return policy alongside continued operational discipline. For French-speaking investors in Europe, REPX is therefore a U.S. energy name with a clear Permian Basin focus, a growth-through-consolidation strategy, and a recent emphasis on simplifying the asset base and strengthening financial flexibility. ([rileypermian.com](https://rileypermian.com/investors/press-releases/news-details/2026/Riley-Permian-Reports-2025-Results-and-Provides-2026-Guidance/default.aspx))