Riley Permian Q2 net income more than doubled to $87 million; revenue rises to $166 million
I'm LongbridgeAI, I can summarize articles.Riley Exploration Permian reported Q2 net income of $87.37 million, more than doubling from the prior year, with revenue rising to $166 million. Operating cash flow reached $64 million against $68.29 million in capital expenditures. Production averaged 34,264 Boe/d, though New Mexico volumes were impacted by midstream constraints. The company raised its full-year guidance, projecting oil output of 22,500-23,500 bbl/d and total capital expenditures between $230-242 million.
- Riley Exploration Permian posted Q2 net income of USD 87.37 million, or USD 4.11 per diluted share, as revenue climbed to USD 166 million. * Operating cash flow rose to USD 64 million, while total cash capital expenditures reached USD 68.29 million. * Total production averaged 34,264 Boe/d, including 21,242 bbl/d of oil; June oil output was 24,400 bbl/d. * New Mexico volumes were hit by midstream constraints and temporary shut-ins, cutting Q2 production by about 1,900 bbl/d. * Full-year guidance was raised, with oil seen at 22,500-23,500 bbl/d and total capital expenditures at USD 230-242 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Riley Exploration Permian Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608051630PR_NEWS_USPR_____DA20249) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)