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Riley Exploration Permian: Projected Leverage Remains Reasonable Despite Recent Acquisition
REPXREPX(US:REPX) Seeking Alpha·2025-05-13 15:27

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various energy companies and other opportunities, along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Riley Exploration Permian (NYSE: REPX ) announced a 142millionacquisitionwhilealsoreducingits2025capexbudgetbynearly142 million acquisition while also reducing its 2025 capex budget by nearly 100 million. It should be able to end 2025 with 1.2x leverage while significan ...