REPX - Riley Exploration Permian GAAP EPS of $1.35 beats by $0.12 revenue of $78.05M beats by $12.05M
2023-03-08 17:20:27 ET
- Riley Exploration Permian press release ( NYSE: REPX ): Q4 GAAP EPS of $1.35 beats by $0.12 .
- Revenue of $78.05M (+36.3% Y/Y) beats by $12.05M .
- Averaged oil production of 10.0 MBbls/d, exceeding the high end of guidance and representing an increase of 37% as compared year-over-year to the fourth quarter 2021.
- Generated $46 million of Adjusted EBITDAX (1) and $40 million of operating cash flow, representing a decrease of 10% and 28%, respectively, over the prior quarter, driven primarily by lower commodity pricing
- Incurred total accrual (activity-based) capital expenditures before acquisitions of $27 million and total cash capital expenditures before acquisitions of $30 million
- Paid dividends of $0.34 per share in the fourth quarter for a total of $7 million.
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Riley Exploration Permian GAAP EPS of $1.35 beats by $0.12, revenue of $78.05M beats by $12.05M