Riley Exploration Permian (NYSE:REPX) Insider Corey Neil Riley Sells 3,500 Shares of Stock

November 13, 2026 by InsiderTrades.com

Key Points

Insider Corey Neil Riley sold 3,500 shares for $143,430 at an average price of $40.98 under a pre-arranged Rule 10b5-1 plan. He retained 199,885 shares after the sale.
Riley Exploration Permian raised its quarterly dividend from $0.40 to $0.42 per share, equivalent to $1.68 annually and a 3.8% yield.
Analysts maintain a consensus Buy rating, with a $43 average price target; one firm rated the stock Strong Buy, while Truist lowered its target to $41.

Riley Exploration Permian, Inc. (NYSE:REPX - Get Free Report) insider Corey Riley sold 3,500 shares of the firm's stock in a transaction on Monday, November 9th. The stock was sold at an average price of $40.98, for a total value of $143,430.00. Following the completion of the transaction, the insider owned 199,885 shares in the company, valued at $8,191,287.30. The trade was a 1.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Riley Exploration Permian Stock Up 3.1%

REPX stock opened at $44.15 on Friday. The company has a market cap of $976.64 million, a PE ratio of 7.83 and a beta of 0.97. The business has a 50-day simple moving average of $44.79 and a 200 day simple moving average of $36.80. Riley Exploration Permian, Inc. has a 52 week low of $24.09 and a 52 week high of $54.57. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 0.53.

Riley Exploration Permian Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 11th. Shareholders of record on Wednesday, October 28th were paid a dividend of $0.42 per share. The ex-dividend date was Wednesday, October 28th. This is a positive change from Riley Exploration Permian's previous quarterly dividend of $0.40. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. Riley Exploration Permian's dividend payout ratio is currently 36.21%.

Analysts Set New Price Targets

Several brokerages have recently commented on REPX. Roth Capital restated a "buy" rating on shares of Riley Exploration Permian in a research report on Thursday, October 22nd. Truist Financial cut their price target on shares of Riley Exploration Permian from $47.00 to $41.00 and set a "buy" rating for the company in a report on Wednesday, August 12th. Finally, Zacks Research upgraded shares of Riley Exploration Permian from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $43.00.

Read Our Latest Report on REPX

Institutional Trading of Riley Exploration Permian

Several institutional investors and hedge funds have recently modified their holdings of the business. Allworth Financial LP acquired a new stake in Riley Exploration Permian in the second quarter valued at about $42,000. Nykredit A S bought a new position in Riley Exploration Permian in the second quarter valued at about $63,000. M&G PLC acquired a new position in Riley Exploration Permian during the third quarter worth about $129,000. Globeflex Capital L P acquired a new position in Riley Exploration Permian during the second quarter worth about $108,000. Finally, Nisa Investment Advisors LLC raised its stake in Riley Exploration Permian by 11.8% during the third quarter. Nisa Investment Advisors LLC now owns 4,239 shares of the company's stock worth $170,000 after acquiring an additional 446 shares in the last quarter. 58.91% of the stock is currently owned by institutional investors.

Riley Exploration Permian Company Profile

(Get Free Report)

Riley Exploration Permian, Inc. is an independent oil and natural gas exploration and production company. It acquires, develops and operates properties in the Permian Basin, with operations concentrated in southeastern New Mexico and West Texas. The company's production includes crude oil, natural gas and natural gas liquids. Its activities span the development of existing properties as well as drilling and other work to identify and produce additional resources. Riley Exploration Permian traces its origins to 2016 and became publicly traded following a merger with Tengasco.