REPX

• Insider Trading Activity: Alvin Gerald Libin, a 10% owner of $REPX, purchased 12,000 shares for approximately $351,840, increasing his holdings by about 0.5%. In the past six months, there have been 12 insider trades, with only one purchase and eleven sales.

• Institutional Investor Movements: In the latest quarter, 89 institutional investors increased their positions in $REPX stock while 31 reduced theirs, indicating mixed sentiment among institutional stakeholders.

• Q4 and Full-Year 2024 Financial Performance: Riley Exploration Permian, Inc. reported a strong financial performance for Q4 and the full year of 2024, achieving average production of 25.0 MBoe/d in Q4, generating $66 million in operating cash flow, and reducing debt by $20 million, while also increasing total free cash flow by 67% compared to the previous year.

• 2025 Guidance and Future Plans: The company projects total production for 2025 to be between 24.6 - 25.6 MBoe/d, with planned capital expenditures ranging from $188 - 232 million, focusing on strategic investments in operations, particularly in New Mexico, and advancing a gas midstream project to enhance operational control.

• Upcoming Ex-Dividend Dates: Argan Inc, VSE Corp., and Riley Exploration Permian Inc will trade ex-dividend on 1/23/25, with respective dividends of $0.375, $0.10, and $0.38 to be paid shortly after.

• Market Impact and Historical Yields: Following the ex-dividend date, stock prices are expected to decrease by approximately 0.21%, 0.10%, and 1.02% for AGX, VSEC, and REPX respectively, while estimated annual yields are projected at 0.84%, 0.39%, and 4.09%.

• Dividend Announcement: Riley Exploration Permian, Inc. has declared a cash dividend of $0.38 per share, payable on February 6, 2025, to stockholders recorded by January 23, 2025.

• Stock Performance: The company's stock closed at $32.92, reflecting a slight decrease of 0.30% during the day and 0.20% in after-market trading on the New York Stock Exchange.

• Dividend Announcement: Riley Exploration Permian, Inc. has declared a cash dividend of $0.38 per share, payable on February 6, 2025, to stockholders recorded by January 23, 2025.

• Company Overview: Riley Exploration Permian is an independent oil and natural gas company focused on the acquisition, exploration, development, and production of energy resources.

• Credit Facility Amendment Details: Riley Exploration Permian, Inc. has amended its senior secured revolving credit facility, extending the maturity to December 2028 and increasing the borrowing base from $375 million to $400 million.

• Current Financial Status: As of December 13, 2024, the company has drawn $117 million from the credit facility, leaving $283 million available for use.

• Credit Facility Extension: Riley Exploration Permian has extended its credit facility maturity from April 2026 to December 2028, increasing the borrowing base from $375 million to $400 million and expanding the lender syndicate to nine members.

• Current Financial Status: As of December 13, 2024, the company had $117 million drawn from the credit facility, leaving $283 million available for use.

• Q3 Financial Performance: Riley Exploration Permian reported Q3 revenue of $102.3 million, a decrease of 5.3% year-over-year, missing expectations by $2.22 million; adjusted EBITDAX was $71.7 million.

• Dividend Increase: The company has raised its dividend to $0.38 per share, indicating solid production results despite the revenue miss.

• Earnings Report Overview: Riley Exploration Permian, Inc. (REPX) reported quarterly earnings of $1.61 per share, missing estimates and showing a year-over-year increase from $1.37. The company also posted revenues of $105.4 million, slightly below expectations, leading to a Zacks Rank of #5 (Strong Sell).

• Market Outlook and Comparisons: Despite surpassing revenue estimates three times in the past four quarters, REPX shares have declined by 11.7% this year, contrasting with the S&P 500's gain. The oil and gas industry is currently ranked in the bottom 26% among Zacks industries, indicating potential challenges ahead for the stock.

• Rising Energy Demand: The increasing adoption of artificial intelligence is projected to significantly raise global energy demand, with forecasts indicating a 160% surge in data center power needs by 2030 and AI potentially consuming more power than Iceland did in 2021. Additionally, the trend of "revenge travel" is expected to boost crude oil demand.

• Investment Opportunities in Energy Stocks: Analysts recommend investing in small-cap energy stocks, highlighting companies like Teekay Tankers, Riley Exploration Permian, Scorpio Tankers, Crescent Energy Company, and Northern Oil and Gas, all of which are showing strong buy ratings and potential upside from current levels.

• U.S. Stock Market Overview: U.S. stock futures showed mixed results, with Dow futures down by approximately 50 points, while several companies like Scholastic Corporation and CrowdStrike Holdings faced significant pre-market losses due to disappointing earnings and operational issues.

• Notable Stock Movements: Scholastic's shares dropped nearly 12% after missing earnings expectations, while CrowdStrike's shares fell over 19% following a major outage. Other companies such as SunPower and Plug Power also experienced substantial declines in their stock prices.

• Intuitive Surgical Financial Performance: Intuitive Surgical, Inc. reported second-quarter revenue of $2.01 billion and adjusted earnings of $1.78 per share, both exceeding analyst expectations, leading to a 6.7% increase in its stock price during pre-market trading.

• Stock Movements: Several other stocks experienced significant pre-market trading fluctuations, with Serve Robotics Inc. rising by 68.4% and CrowdStrike Holdings, Inc. falling by 19.3% due to various company-specific news and market reactions.

• CEO Insider Sale: Bobby Riley, CEO of Riley Exploration Permian Inc (REPX), sold 10,020 shares at $26.57 per share.
• Company Overview: REPX is involved in oil and gas property acquisition, exploration, and development in the Permian Basin.
• Insider Transaction History: Bobby Riley has sold 32,520 shares in the past year without any purchases, indicating more sales than buys by insiders.
• Financial Data: REPX had a market cap of $600.211 million with a low price-earnings ratio of 5.66 compared to industry and historical medians.
• GF Value Analysis: The intrinsic value of REPX stock is estimated at $45.09, suggesting undervaluation with a price-to-GF-Value ratio of 0.59.

• Filing: Riley Exploration Permian (NYSE:REPX) filed a prospectus for the offer and sale of $250M mixed securities shelf.
• Not an Offer: The prospectus is clarified as not being an offer to sell.
• Market Reaction: Riley Permian's stock price dropped after launching a 2.1M-share offering.
• Financial Outlook: Riley Exploration Permian is expected to generate over $100 million in free cash flow in 2024.
• Earnings Preview: There is anticipation around Riley Exploration Permian's Q4 2023 earnings.

• Southwestern Energy Earnings Report:

  • Quarterly earnings of $0.12 per share, missing estimates.
  • Represents an earnings surprise of -7.69%.
  • Company has surpassed consensus EPS estimates three times in the last four quarters.
  • Revenues of $1.42 billion missed estimates by 3.10%.
  • Stock's performance depends on future earnings and management commentary.

• Outlook for Southwestern Energy:

  • Investors question the stock's future performance.
  • Earnings outlook and estimate revisions are crucial.
  • Current Zacks Rank #3 (Hold) for the stock.
  • Estimates for upcoming quarters and fiscal year are awaited.
  • Industry outlook can impact stock performance.

• Riley Exploration Permian, Inc. Earnings:

  • Expected quarterly earnings of $1.50 per share, up 19.1% YoY.
  • Revenues expected to be $96.65 million, a 44.2% increase from the year-ago quarter.
  • Consensus EPS estimate revised 6.1% higher over the last 30 days.

• Zacks Rank #1 Strong Buys:

  • Experts identify 7 elite stocks as most likely for early price pops.
  • Full list has historically outperformed the market with an average gain of +24.2% per year.
  • Recommendations available for download from Zacks Investment Research.

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