Riley Exploration Permian, Inc. (NYSE:REPX - Get Free Report) insider Corey Neil Riley sold 1,537 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $29.17, for a total transaction of $44,834.29. Following the sale, the insider now owns 183,700 shares of the company's stock, valued at approximately $5,358,529. This represents a 0.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Corey Neil Riley also recently made the following trade(s):
- On Monday, March 10th, Corey Neil Riley sold 3,500 shares of Riley Exploration Permian stock. The stock was sold at an average price of $27.34, for a total value of $95,690.00.
Riley Exploration Permian Stock Down 6.9 %
Shares of REPX stock opened at $27.93 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.64 and a debt-to-equity ratio of 0.53. Riley Exploration Permian, Inc. has a 12 month low of $23.14 and a 12 month high of $37.55. The stock has a market cap of $600.63 million, a P/E ratio of 4.95 and a beta of 1.58. The company has a 50 day simple moving average of $31.28 and a two-hundred day simple moving average of $31.19.
Riley Exploration Permian Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Thursday, January 23rd were paid a $0.38 dividend. The ex-dividend date was Thursday, January 23rd. This represents a $1.52 annualized dividend and a dividend yield of 5.44%. Riley Exploration Permian's dividend payout ratio (DPR) is 35.68%.
Wall Street Analysts Forecast Growth
Separately, Truist Financial raised their target price on Riley Exploration Permian from $45.00 to $47.00 and gave the stock a "buy" rating in a research report on Monday, January 13th.
Read Our Latest Research Report on Riley Exploration Permian
Hedge Funds Weigh In On Riley Exploration Permian
Institutional investors have recently bought and sold shares of the stock. New York State Teachers Retirement System bought a new stake in Riley Exploration Permian during the fourth quarter valued at about $33,000. Summit Investment Advisors Inc. grew its stake in shares of Riley Exploration Permian by 44.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,189 shares of the company's stock valued at $38,000 after acquiring an additional 368 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in Riley Exploration Permian in the 4th quarter worth approximately $77,000. Travelers Companies Inc. bought a new stake in Riley Exploration Permian during the 4th quarter worth approximately $80,000. Finally, Quantbot Technologies LP purchased a new position in Riley Exploration Permian during the fourth quarter valued at approximately $110,000. 58.91% of the stock is owned by institutional investors.
Riley Exploration Permian Company Profile
(
Get Free Report)
Riley Exploration Permian, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. The company's activities are primarily focused on the Northwest Shelf and Yeso trend of the Permian Basin.
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