Riley Exploration Permian, Inc. (NYSE:REPX) to Issue Dividend Increase – $0.42 Per Share

Posted by Chris Copeland on Oct 15th, 2026

Riley Exploration Permian, Inc. (NYSE:REPX – Get Free Report) announced a quarterly dividend on Wednesday, October 14th. Stockholders of record on Wednesday, October 28th will be given a dividend of $0.42 per share on Wednesday, November 11th. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Wednesday, October 28th. This is a 5.0% increase from Riley Exploration Permian’s previous quarterly dividend of $0.40.

Riley Exploration Permian has a payout ratio of 28.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Riley Exploration Permian to earn $7.06 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 22.7%.

Riley Exploration Permian Trading Down 2.8%

NYSE:REPX opened at $46.43 on Thursday. The company has a 50-day moving average price of $40.58 and a 200-day moving average price of $37.09. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 8.23 and a beta of 1.05. The company has a current ratio of 0.70, a quick ratio of 0.64 and a debt-to-equity ratio of 0.53. Riley Exploration Permian has a 12 month low of $24.08 and a 12 month high of $48.01.

Riley Exploration Permian Company Profile

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Riley Exploration Permian, Inc is an independent oil and natural gas exploration and production company focused on the development of assets in the Permian Basin. The company’s operations are concentrated in southeastern New Mexico and West Texas, where it acquires, develops and produces hydrocarbons from unconventional formations.

Its production portfolio includes crude oil, natural gas liquids and natural gas. Riley Exploration Permian emphasizes the development of operated acreage through horizontal drilling and completion programs, as well as the efficient management of its existing wells and infrastructure.

The company completed its initial public offering in 2021 and its common stock trades on the New York Stock Exchange under the symbol REPX.