| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 165.85 | 45.6% | 94.2% |
| Total Income | 165.85 | 45.6% | 94.2% |
| Expenditure | 78.62 | 12.0% | 38.8% |
| PBT | 114.70 | 223.7% | 185.5% |
| Net Profit | 87.37 | 224.1% | 186.7% |
| OPM | 52.60% | 14.25pp | 18.93pp |
| NPM | 52.68% | 114.53pp | 17.00pp |
| EPS | 4.17 | 223.4% | 189.6% |
Riley Permian Reports Q2 2026 Results with Increased Production Guidance
06 Aug 2026 · 6 Aug, 2:08 am
Summary
Riley Exploration Permian, Inc. reported its second quarter 2026 financial and operating results, highlighting total equivalent production of 34.3 MBoe/d and revenues of $166 million. The company generated $64 million in operating cash flow and $87 million in net income, with Adjusted EBITDAX at $80 million for the quarter. Management expressed optimism, increasing full-year oil production guidance to approximately 30% year-over-year growth and anticipating a sequential oil production increase of over 20% in the third quarter.
Key Highlights
- 1
Riley Permian reported 34.3 MBoe/d of total equivalent production for the second quarter of 2026.
- 2
The company generated $64 million of operating cash flow and $87 million of net income in Q2 2026.
- 3
Adjusted EBITDAX for the second quarter was $80 million.
- 4
Total equivalent production for the six months ended June 30, 2026, was 34.9 MBoe/d.
- 5
The company increased its full-year oil production guidance, now implying approximately 30% year-over-year growth in 2026.
- 6
Oil production is expected to grow more than 20% sequentially in the third quarter of 2026.
- 7
The company reported $166 million in revenues for the second quarter of 2026.
Management Comments
Bobby Riley
We continued executing the growth strategy we outlined earlier this year during the second quarter, delivering oil production near the high end of guidance and building momentum for the quarters ahead. We are increasing full-year oil production guidance, which now implies approximately 30% year-over-year growth in 2026. Our outlook calls for the largest production increase of the year in the third quarter, with oil production expected to grow more than 20% sequentially. We are encouraged by the progress made to date and believe the activity underway positions us for meaningful production growth through the remainder of 2026 and into 2027.
Informational and educational content only. Not investment advice.