#United States #Oklahoma City #share repurchase #stock buyback #Riley Permian

Riley Exploration Permian Unveils New Share Repurchase Program

Riley Exploration Permian, Inc., listed on NYSE American under the ticker REPX, recently announced a notable initiative aimed at enhancing shareholder value. On December 16, 2025, the company's Board of Directors approved the initiation of a share repurchase program authorizing the buyback of up to $100 million of its common stock over the next 24 months. This strategic move stands as a testament to the company's unwavering confidence in its operational and financial performance, as articulated by Bobby Riley, the Chairman and CEO of Riley Permian.

Details of the Share Repurchase Program

Under the approved program, the company intends to repurchase shares from the market through various means, including open market transactions, block trades, and privately negotiated deals, all in compliance with federal securities laws. The specifics regarding the number and timing of shares to be repurchased will be at the discretion of the company. This decision will be influenced by several factors like the intrinsic value of the stock, prevailing market prices, and overall economic conditions.

This repurchase initiative comes on the heels of a successful midstream asset sale, positioning Riley Permian favorably to tap into value-maximizing opportunities. Bobby Riley expressed excitement about the program, highlighting it as a supplementary strategy for returning capital to shareholders alongside the company's regular quarterly dividends.

Strategic Importance of the Share Buyback

Share repurchase programs are increasingly recognized as a key tool for companies seeking to enhance shareholder value. By reducing the number of outstanding shares, such initiatives can potentially increase earnings per share (EPS), making the remaining shares more attractive to investors. Additionally, share buybacks signal to the market that the company's management believes its stock is undervalued, often resulting in increased investor confidence.

Riley Permian's commitment to maintaining adequate liquidity remains a priority as they navigate the complexities of the capital markets. The company intends to carry out these repurchases in a manner that balances its capital development programs while ensuring it has sufficient funds available.

Future Implications and Market Strategies

Riley Exploration Permian's share repurchase program does not bind the company to any minimum purchase quantities; rather, it offers flexibility to adapt to market conditions. This aspect is crucial, as it allows the Board of Directors to modify, extend, or suspend the program based on the prevailing financial landscape or corporate strategy shifts.

As the company moves forward with the repurchase initiative, it is expected to attract the attention of investors and analysts alike, scrutinizing its impacts on earnings and shareholder engagement. The program clearly indicates a proactive approach towards fostering investor relationships and responding to market dynamics.

Riley Exploration Permian is a growth-oriented upstream oil and gas entity actively engaged in operations across Texas and New Mexico, with supporting infrastructure projects that enhance its overall portfolio. For further details on the company's activities, visit Riley Permian.

Conclusion

In summary, Riley Exploration Permian's share repurchase program marks a strategic advancement that not only emphasizes financial strength but also aims to solidify its commitment to shareholder value creation. As the company embarks on this journey, stakeholders will be watching closely to see how these initiatives unfold against the backdrop of the oil and gas industry and broader economic indicators.