Riley Permian Reports First Quarter 2026 Results
Riley Permian reported Q1 2026 total equivalent production of 35.6 MBoe/d, exceeding guidance, with oil production averaging 20.2 MBbls/d and Total Free Cash Flow reaching $24 million. The company demonstrated capital discipline by spending below expectations, reducing debt by $8 million to achieve a 1.0x leverage ratio, and repurchasing 152,000 shares for $4 million.
Key figures
- Revenue
- 114000000
- Guidance
- Full Year 2026 Total Equivalent Production 37.5 - 39.5 MBoe/d; Total CapEx $200 - $220 million
- Adjusted eps
- 1.02
- Adjusted ebitdax
- 61000000
- Operating cash flow
- 47000000
- Total free cash flow
- 24000000
- Production mboe per day
- 35.6
- Oil production mbbls per day
- 20.2
AI analysis
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