| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 113.88 | 11.2% |
| Total Income | 113.88 | 11.2% |
| Expenditure | 70.21 | 32.6% |
| PBT | -92.72 | 351.5% |
| Net Profit | -70.43 | 346.0% |
| OPM | 38.35% | 9.97pp |
| NPM | -61.85% | 89.79pp |
| EPS | -3.38 | 348.5% |
Riley Permian Reports Q1 2026 Results
07 May 2026 · 7 May, 1:49 am
Summary
Riley Exploration Permian reported its financial and operating results for the first quarter ended March 31, 2026. The company's total equivalent production was 35.6 MBoe/d. They generated $47 million in operating cash flow and $24 million in Total Free Cash Flow. The company reduced debt by $8 million and repurchased 152 thousand shares of stock for $4 million. Net loss for the quarter was $70 million, or $(3.38) per diluted share.
Key Highlights
- 1
Riley Exploration Permian reported total equivalent production of 35.6 MBoe/d for the first quarter of 2026.
- 2
The company generated $47 million of operating cash flow and $24 million of Total Free Cash Flow during the quarter.
- 3
Total accrual capital expenditures before acquisitions were $47 million, while cash capital expenditures before acquisitions totaled $31 million.
- 4
Riley Permian reduced its debt by $8 million, resulting in a quarter-end debt-to-Adjusted EBITDAX ratio of 1.0x.
- 5
The company repurchased 152 thousand shares of stock for $4 million in January 2026.
- 6
Net loss was $70 million, or $(3.38) per diluted share for Q1 2026.
- 7
The company is guiding Q2 2026 oil production between 20.7 and 21.3 MBbls/d.
Management Comments
Bobby Riley
Our first quarter results reflect strong operational execution, with production exceeding guidance and capital spending below expectations. Gas and NGL realizations were negatively impacted by regional gas egress constraints, which tempered cash flow results. Despite these regional pricing pressures, the broader operating environment remains constructive, and we remain confident in our outlook for meaningful year-over-year production growth and value creation throughout 2026.”
Informational and educational content only. Not investment advice.