Riley Exploration Permian Inc. (NYSE: REPX) is an oil and natural gas company operating in the Permian Basin. Here’s a snapshot of its recent financial performance:
Riley Exploration Permian Inc. (REPX)
Key Financial Metrics:
- Revenue Growth: In fiscal year 2023, the company reported revenues of $375.05 million, marking a 16.57% increase from $321.74 million in 2022. Stock Analysis
- Net Income: The net income for 2023 was $111.59 million, a 5.44% decrease compared to $118.01 million in 2022. Stock Analysis
- Earnings Per Share (EPS): The diluted EPS stood at $5.58 in 2023, down from $5.99 in 2022. Stock Analysis
- Dividends: The company declared a dividend of $1.46 per share in 2023, reflecting a 5.80% increase from $1.38 in 2022. Stock Analysis
- Free Cash Flow: Free cash flow improved significantly to $65.89 million in 2023 from $57.37 million in 2022, indicating enhanced operational efficiency. Stock Analysis
- Total Assets and Liabilities: As of December 31, 2023, total assets were $945.71 million, with total liabilities at $524.12 million, resulting in shareholders’ equity of $421.60 million. Yahoo Finance
These figures highlight Riley Exploration Permian’s robust financial health and its commitment to delivering value to shareholders through consistent revenue growth and dividend increases.
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