Riley Exploration Permian Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 33 out of 119 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 53.00.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Riley Exploration Permian Inc's Score
Industry at a Glance
Industry Ranking
33 / 119
Overall Ranking
129 / 4521
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
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Neutral
Riley Exploration Permian Inc Highlights
StrengthsRisks
Riley Exploration Permian, Inc. is an independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas and natural gas liquids. The Company is focused on horizontal drilling of conventional oil-saturated and liquids-rich formations in the Permian Basin that produce long-term cash flows. The Permian Basin is an oil and natural gas producing area located in West Texas and the adjoining area of Southeastern New Mexico covering an area approximately 250 miles wide and 300 miles long, and encompasses several sub-basins, including the Delaware Basin, Midland Basin, Central Basin Platform and Northwest Shelf. Its acreage is primarily located on large contiguous blocks in Yoakum County, Texas, which represents its Champions field and in Eddy County, New Mexico, which represents its Red Lake field. It holds approximately 105,270 net acres. Its land-based oil and natural gas facilities are typical of those found in the Permian Basin.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 27.49% year-on-year.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 34.87%.
Undervalued
The company’s latest PB is 1.11, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 13.85M shares, decreasing 5.22% quarter-over-quarter.
Riley Exploration Permian, Inc. is an independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas and natural gas liquids. The Company is focused on horizontal drilling of conventional oil-saturated and liquids-rich formations in the Permian Basin that produce long-term cash flows. The Permian Basin is an oil and natural gas producing area located in West Texas and the adjoining area of Southeastern New Mexico covering an area approximately 250 miles wide and 300 miles long, and encompasses several sub-basins, including the Delaware Basin, Midland Basin, Central Basin Platform and Northwest Shelf. Its acreage is primarily located on large contiguous blocks in Yoakum County, Texas, which represents its Champions field and in Eddy County, New Mexico, which represents its Red Lake field. It holds approximately 105,270 net acres. Its land-based oil and natural gas facilities are typical of those found in the Permian Basin.