REPX - Riley Exploration Permian Insider Trades Send A Signal | Benzinga
Disclosed on July 15, Bobby Riley, CEO at Riley Exploration Permian (AMEX:REPX), executed a substantial insider sell as per the latest SEC filing.
What Happened: Riley's decision to sell 15,000 shares of Riley Exploration Permian was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total value of the sale is $420,000.
The latest market snapshot at Tuesday morning reveals Riley Exploration Permian shares down by 0.88%, trading at $30.4.
Delving into Riley Exploration Permian's Background
Riley Exploration Permian Inc is engaged in the business of exploration for and production of oil and natural gas. The company operations are in Kansas Properties, and Tennessee Properties, among others.
Understanding the Numbers: Riley Exploration Permian's Finances
Revenue Growth: Riley Exploration Permian's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 48.84%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Evaluating Earnings Performance:
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Gross Margin: The company maintains a ...