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Stock impact report

Riley Permian Reports 2023 Results and Provides 2024 Guidance [Yahoo! Finance]

Riley Exploration Permian, Inc. (REPX) 
Company Research Source: Yahoo! Finance
financial and operating results for the fourth quarter and year ended December 31, 2023 FOURTH QUARTER 2023 HIGHLIGHTS Averaged 19.9 MBoe/d of total equivalent production (oil production of 13.6 MBbls/d) Generated $66 million of operating cash flow or $54 million of operating cash flow before changes in working capital Incurred total accrual (activity-based) and cash capital expenditures before acquisitions of $25 million and $21 million , respectively Generated Free Cash Flow of $33 million Paid dividends of per share in the fourth quarter for a total of $7 million Reduced debt outstanding by $30 million Initiated temporary operations on baseload power generation owned by our joint venture, RPC Power LLC FULL YEAR 2023 HIGHLIGHTS Averaged 18.6 MBoe/d of total equivalent production (oil production of 13.2 MBbls/d), which included contribution from the New Mexico Acquisition properties for three of four quarters in 2023 Generated $207 million of operating cash flo Show less Read more
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