REPX(US:REPX)2025-05-08 12:23Corporate Overview and Strategy - Riley Permian's 1Q25 production was 24.4 Mboe/d[11] - The company's equity market capitalization is approximately $560 million[11] - The enterprise value is around $800 million[11] - Last Twelve Months (LTM) total free cash flow was about $130 million[11] - The company's debt leverage is approximately 0.9x[11] - The dividend yield is 6.0%[11] - Insider ownership stands at 25%[11] Silverback Acquisition - The purchase price of the Silverback acquisition was $142 million at closing[29] - Recent production from the acquired assets is 5.0 Mboe/d, with 52% oil and 75% liquids[29] - The acquisition includes approximately 47,000 net working interest acres, with around 19,000 net acres prospective for the Yeso Trend (79% undeveloped)[29] New Mexico Gas Midstream Project - The estimated capital expenditure for the New Mexico Gas Midstream Project is approximately $120 million, to be invested during 2025-2026[34] - The project involves constructing a 20-inch diameter high-pressure pipeline with 150 MMcfd capacity[34] 1Q25 Results Summary - The company generated $56 million of Cash Flow From Operations (CFFO) and $71 million of Adjusted EBITDAX (69% margin) in 1Q25[51] - The company reinvested 35% of CFFO into Upstream Capex on an accrual basis and 29% on a cash basis[51] - The company converted 71% of CFFO into Upstream Free Cash Flow (FCF) and 66% into Total FCF[51]