Riley Exploration Permian, Inc. (REPX) Misses Q1 Earnings and Revenue Estimates

Company Performance - Riley Exploration Permian, Inc. reported quarterly earnings of $1.62 per share, slightly missing the Zacks Consensus Estimate of $1.63 per share, and showing a year-over-year increase from $1.61 per share [1] - The company posted revenues of $102.46 million for the quarter ended March 2025, which was 2.51% below the Zacks Consensus Estimate and an increase from $99.74 million a year ago [2] - Over the last four quarters, the company has consistently failed to surpass consensus EPS and revenue estimates [2] Stock Performance - Riley Exploration Permian shares have declined approximately 20.6% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [3] - The current Zacks Rank for the stock is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.42 on revenues of $98.94 million, and for the current fiscal year, it is $6.34 on revenues of $408.46 million [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable, which may impact future stock performance [6] Industry Context - The Oil and Gas - Exploration and Production - United States industry is currently ranked in the bottom 25% of over 250 Zacks industries, suggesting a challenging environment for companies within this sector [8]