Riley Exploration Permian

REPX · NYSE American

$48.94−$0.34 (−0.69%)TodayMarket closed · Oct 20, 8:00 PM ET

Prev close $49.28

REPX analyst rating

BuyConsensus of 4 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy4
Hold0
Underperform0
Sell0

12-month price target · 6 analysts

Average $54.83 (+12.0% upside)

Low: $41.41
Now: $48.94
High: $81.90

Upgrades and downgrades

The latest rating actions, newest first

REPX analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Truist Securities	Aug 12, 2026	Maintains	Buy	$47.00 → $41.00	63%
Roth Capital	Jul 23, 2026	Maintains	Buy	$45.00	83%
Truist Securities	Mar 24, 2026	Initiates	Buy	$47.00	63%
Freedom Broker	Mar 11, 2026	Maintains	Buy	$56.00 → $52.00	75%
William Blair	Nov 21, 2025	Initiates	Outperform	—	49%
Freedom Broker	Nov 14, 2025	Maintains	Buy	$60.00 → $56.00	75%

The case for and against

Updated Sep 12, 2026

Bull case

Riley Exploration Permian is a strong player in the Permian Basin, the most prolific oil and gas producing area in the country. With a focus on the high-return San Andres formation and a diversified asset base in both Texas and New Mexico, the company is well positioned for continued production growth. Management has a track record of successful conventional asset acquisitions and a disciplined approach to capital spending, while the 5% dividend yield offers attractive returns to shareholders. However, risks include commodity price volatility, regulatory changes, and potential underperformance on newer assets in New Mexico.

Bear case

Riley Exploration Permian is facing numerous risks, including underperformance on newer assets and potential regulatory changes in New Mexico, as well as the potential for higher leverage ratios. Additionally, the company's unconventional focus on conventional development in the San Andres / Yeso formation may be riskier compared to traditional shale development in the Permian Basin. Despite having lower decline rates and more attractive fixed dividends, there are potential risks involved in this different approach to Permian production, which could impact the company's returns and valuation targets.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.