Riley Exploration Permian
Oklahoma City, Oklahoma, United States · Energy, Oil And Gas
Riley Exploration Permian, Inc. operates primarily in the oil and gas industry, focusing on the exploration and development of oil and natural gas reserves. The company engages in various primary business activities, including the acquisition, exploration, and production of hydrocarbon resources. Its key operations are conducted in the Permian Basin of Oklahoma and Texas, which is known for its ri
Key facts
- Headquarters
- Oklahoma City, Oklahoma, United States
- Employees
- Unknown
- Industries
- Energy, Oil And Gas
- Status
- Public (REPX)
- Website
- rileypermian.com
- Company page
Recent activity at Riley Exploration Permian
- : SEC 8-K (1.01): On October 29, 2026, Riley Exploration Permian, Inc. entered into an Amended and Restated Credit Agreement with Truist Bank. This agreement increases the borrowing base from $425 million to $450 million and extends the maturity date from December 2028 to October 2030. The Borrower, Riley Exploration – Permian, LLC, currently has $245 million in borrowings, with an additional $205 million available. The agreement secures the loans with the Company's oil and natural gas properties, and carries strategic implications for the Company's financing capabilities. This amends the previous agreement from September 28, 2017, without discharging existing obligations.
- : SEC 8-K (1.02): On October 5, 2026, Riley Exploration - Permian, LLC, a wholly-owned subsidiary of Riley Exploration Permian, Inc., voluntarily terminated its obligation by fully prepaying its outstanding 10.50% Senior Unsecured Notes due 2028. This prepayment of $130.0 million was made under the Note Purchase Agreement dated April 3, 2023. The transaction eliminates the financial obligations associated with the Senior Notes, potentially improving the Company’s balance sheet and financial flexibility. The prepayment was executed at 100% of the outstanding principal plus accrued interest, adhering to the terms outlined in the Note Purchase Agreement.
- : Riley Exploration Permian Appoints Synthia R. Jaramillo as Senior VP
- : SEC 8-K (5.02): On May 12, 2026, at the annual meeting of stockholders of Riley Exploration Permian, Inc., stockholders approved the Second Amendment and Restatement of the 2021 Long Term Incentive Plan, increasing the number of shares available for issuance by 2,800,000 shares, bringing the total from 2,337,022 to 5,137,022 shares. This significant change is crucial for the company's long-term incentive strategies and has strategic implications for employee engagement and retention. Additionally, at the same meeting, seven director nominees were elected to serve until the 2027 Annual Meeting, indicating a stable governance structure for the company moving forward.
- : SEC 8-K (5.02): On February 4, 2026, Riley Exploration Permian, Inc. appointed Bobby Saadati as an independent director to fill a newly created position on the Board of Directors. Mr. Saadati's term will expire at the 2026 Annual Meeting of Stockholders, where he will stand for election. He will receive an annual cash retainer of $120,000 and $200,000 in restricted stock. An independent director agreement and an indemnification agreement were also established on the same date, ensuring Mr. Saadati is indemnified against potential liabilities arising from his service as a director. This appointment is expected to enhance the Board's governance and support the Company's strategic objectives as it continues to navigate its business environment.
- : SEC 8-K (5.02): On February 4, 2026, Riley Exploration Permian, Inc. appointed Bobby Saadati as an independent director to fill a newly-created position on the Board of Directors. This appointment is part of the company's governance structure to enhance oversight and bring new perspectives. Mr. Saadati's term will expire at the 2026 Annual Meeting of Stockholders, where he will seek election by stockholders. The Board has confirmed his independence according to the NYSE American Company Guide, and his appointment was not based on any prior arrangements or transactions with the company.
- : SEC 8-K (5.02): On February 4, 2026, Riley Exploration Permian, Inc. appointed Bobby Saadati as an independent director to fill a newly-created directorship on the Board of Directors. Mr. Saadati's term will expire at the 2026 Annual Meeting of Stockholders, where he will stand for election by the stockholders. The company confirmed that Mr. Saadati is considered an 'independent director' in accordance with the NYSE American Company Guide, and there were no prior arrangements or transactions requiring disclosure related to his appointment. This appointment is a strategic move to enhance the Board's independence and governance.
- : SEC 8-K (2.01):
- : SEC 8-K (8.01): On December 15, 2025, Riley Exploration Permian, Inc. (the 'Company') announced that its Board of Directors authorized a share repurchase program for up to $100 million of its currently outstanding shares. This decision is significant as it reflects the Board's confidence in the company's financial position and its intention to enhance shareholder value. The share repurchase program allows the Company to buy back shares from the open market, potentially providing a favorable impact on earnings per share. This strategic move is authorized following a careful evaluation of the Company's financial status and market conditions.
- : SEC 8-K (8.01): On December 15, 2025, the Board of Riley Permian authorized a share repurchase program for up to $100 million of the outstanding shares of the Company’s common stock, set to be executed over the next 24 months. This program includes provisions for purchasing shares through various means such as open market and negotiated transactions and allows the Company to engage in trading plans under Rule 10b-18 with a third-party broker. The timing and execution of the repurchases will depend on factors including market conditions and available investment opportunities. This share repurchase initiative reflects the Board's strategy to enhance shareholder value.
Leadership
- Synthia R. Jaramillo, Senior Vice President
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About Riley Exploration Permian: questions and answers
What does Riley Exploration Permian do?
Riley Exploration Permian, Inc. operates primarily in the oil and gas industry, focusing on the exploration and development of oil and natural gas reserves. The company engages in various primary business activities, including the acquisition, exploration, and production of hydrocarbon resources. Its key operations are conducted in the Permian Basin of Oklahoma and Texas, which is known for its ri
Where is Riley Exploration Permian headquartered?
Riley Exploration Permian is headquartered in Oklahoma City, Oklahoma, United States.
Who leads Riley Exploration Permian?
Synthia R. Jaramillo is a Senior Vice President at Riley Exploration Permian.
What is the latest news on Riley Exploration Permian?
On Nov 04, 2026, SEC 8-K (1.01): On October 29, 2026, Riley Exploration Permian, Inc. entered into an Amended and Restated Credit Agreement with Truist Bank. This agreement increases the borrowing base from $425 million to $450 million and extends the maturity date from December 2028 to October 2030. The Borrower, R
Is Riley Exploration Permian a public company?
Yes. Riley Exploration Permian is publicly traded under the ticker REPX.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy