Riley Exploration Permian, Inc. (REPX) has released its comprehensive financial and operational outcomes for fiscal year 2025, demonstrating strong performance across key metrics. The independent oil and natural gas company, active in Texas and New Mexico, detailed its production achievements and financial gains, alongside setting ambitious targets for the upcoming fiscal year. This report offers a clear picture of the company's current standing and its strategic direction for future growth, highlighting its role as a significant player in the energy sector.
For the fourth quarter of fiscal year 2025, Riley Exploration Permian reported an average total equivalent production of 35.5 MBoe/d, which included 20.1 MBbls/d of oil. The company's financial health during this period was marked by an operating cash flow of $65 million, a net income of $85 million, and an adjusted EBITDAX of $66 million. Furthermore, the company generated $1 million in total free cash flow and $17 million in upstream free cash flow, indicating efficient capital management and profitable operations.
Looking at the entire fiscal year 2025, REPX achieved an average total equivalent production of 29.2 MBoe/d, with oil production contributing 17.3 MBbls/d. The full year also saw the company generate $213 million in operating cash flow and a net income of $161 million, underscoring a year of substantial financial success and operational efficiency. These figures reflect the company's effective strategies in resource extraction and market positioning.
Moreover, Riley Exploration Permian has issued its guidance for fiscal year 2026, projecting total production to be in the range of 35.0 to 37.0 MBoe/d, with oil production expected to be between 21.0 and 22.0 MBbls/d. The company has also outlined its activity-based capital expenditures before acquisitions, estimated to be between $190 million and $210 million. This forward-looking guidance signals continued expansion and investment in its core operations.
Riley Exploration Permian Inc. continues to solidify its position within the oil and natural gas industry, with its latest financial disclosures painting a picture of robust performance and strategic future planning. The company's ability to consistently deliver strong production volumes and healthy financial results, while also planning for future capital deployment, positions it favorably for sustained growth and value creation in the dynamic energy landscape.