Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
A trio of 10% owners, Alvin Gerald Libin, 2624063 Alberta Ltd., and Balmon Investments Ltd., reported purchasing 15,000 shares of Riley Exploration Permian, Inc. (NYSE:REPX) on July 14, 2025, at a price of $27.27 per share. The $556 million market cap oil and gas company trades at an attractive P/E ratio of 5.4x and offers a 6% dividend yield. According to InvestingPro analysis, REPX appears undervalued with strong profitability metrics and has raised its dividend for 4 consecutive years.
The total value of the purchase amounted to $409,050. Following the transaction, 2624063 Alberta Ltd. directly owns 2,221,921 shares. Get access to 8 more exclusive InvestingPro Tips and a comprehensive Pro Research Report for REPX to understand what drives this stock’s performance.
In other recent news, Riley Exploration Permian Inc. reported its first-quarter 2025 earnings, with an earnings per share (EPS) of $1.62, slightly exceeding the forecast of $1.60. The company’s revenue for the quarter was $102.46 million, which fell short of the expected $104.26 million. Despite the revenue miss, Riley Exploration Permian remains focused on strategic acquisitions and operational efficiencies. A significant development is the company’s acquisition of Silverback Exploration, which is expected to enhance its asset base and support future growth initiatives. The acquisition involves a largely undeveloped asset in New Mexico, adding over 300 gross incremental undeveloped horizontal locations to Riley’s inventory. Additionally, during its annual stockholders meeting, Riley Exploration Permian saw the re-election of all six nominated directors and the ratification of BDO USA, P.C. as the independent registered public accounting firm for 2025. The company also announced its commitment to holding annual advisory votes on executive compensation. These recent developments indicate Riley Exploration Permian’s strategic focus on growth and operational efficiency amid challenging market conditions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.