--- title: "Riley Exploration Permian | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 165.85 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295018225.md" datetime: "2026-08-05T21:21:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295018225.md) - [en](https://longbridge.com/en/news/295018225.md) - [zh-HK](https://longbridge.com/zh-HK/news/295018225.md) generator: "portal-rs" --- # Riley Exploration Permian | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 165.85 M Revenue: As of FY2026 Q2, the actual value is USD 165.85 M, beating the estimate of USD 157.35 M. EPS: As of FY2026 Q2, the actual value is USD 4.11, beating the estimate of USD 1.635. EBIT: As of FY2026 Q2, the actual value is USD 94 M. ### Second Quarter 2026 Highlights #### Financial Metrics - Net Income: $87 million. - Adjusted EBITDAX: $80 million. - Operating Cash Flow: $64 million. - Operating Cash Flow (before changes in working capital): $75 million. - Total Free Cash Flow: $6 million. - Total Accrual Capital Expenditures (before acquisitions): $87 million. - Cash Capital Expenditures (before acquisitions): $68 million. - Debt Increase: $26 million. - Quarter-end Debt-to-Adjusted EBITDAX Ratio: 1.0x. ### Second Quarter 2026 Financial Results #### Revenue - Total Revenues for the three months ended June 30, 2026: $166 million. - Oil and Natural Gas Sales, Net for the three months ended June 30, 2026: $165,850 thousand. - Oil and Natural Gas Sales, Net for the six months ended June 30, 2026: $279,731 thousand. #### Operating Profit - Operating Income for the three months ended June 30, 2026: $87 million. - Income from Operations for the three months ended June 30, 2026: $87,232 thousand. - Income from Operations for the six months ended June 30, 2026: $130,902 thousand. #### Operational Costs - Lease Operating Expense: $29 million, or $9.44 per Boe for the three months ended June 30, 2026. - Administrative Costs: $9 million, or $2.80 per Boe for the three months ended June 30, 2026. - Production and Ad Valorem Taxes: $11 million, or $3.67 per Boe for the three months ended June 30, 2026. - Interest Expense, Net: - $7 million for the three months ended June 30, 2026. #### Cash Flow - Cash Flow from Operations for the three months ended June 30, 2026: $63,500 thousand. - Cash Flow from Operations for the six months ended June 30, 2026: $110,676 thousand. - Upstream Free Cash Flow for the three months ended June 30, 2026: $6,613 thousand. - Total Free Cash Flow for the three months ended June 30, 2026: $6,257 thousand. - Upstream Free Cash Flow for the six months ended June 30, 2026: $31,167 thousand. - Total Free Cash Flow for the six months ended June 30, 2026: $29,757 thousand. #### Capital Expenditures and Investments - Total Accrued Capital Expenditures for the three months ended June 30, 2026: $87 million. - Total Cash Capital Expenditures for the three months ended June 30, 2026: $68 million. - Investment in Power-focused Joint Venture (RPC Power) for the three months ended June 30, 2026: $3 million. - Upstream Accrual Capital Expenditures for the three months ended June 30, 2026: $86,599 thousand. - Total Accrual Capital Expenditures for the three months ended June 30, 2026: $86,599 thousand. - Upstream Cash Capital Expenditures for the three months ended June 30, 2026: $67,931 thousand. - Total Cash Capital Expenditures for the three months ended June 30, 2026: $68,287 thousand. - Upstream Accrual Capital Expenditures for the six months ended June 30, 2026: $133,686 thousand. - Total Accrual Capital Expenditures for the six months ended June 30, 2026: $133,686 thousand. - Upstream Cash Capital Expenditures for the six months ended June 30, 2026: $98,061 thousand. - Total Cash Capital Expenditures for the six months ended June 30, 2026: $99,471 thousand. #### Debt and Equity - Borrowings Outstanding on Credit Facility as of June 30, 2026: $138 million. - Principal Value of Senior Notes as of June 30, 2026: $135 million. - Combined Principal Value of Debt as of June 30, 2026: $273 million. - Shares Repurchased: 25 thousand shares at a weighted average price of $34.13 per share, totaling $1 million. - Cash Dividend Paid: $0.40 per share, totaling $9 million. #### Average Realized Prices (before derivative settlements) - Oil: $94.28 per barrel for the three months ended June 30, 2026. - Natural Gas: - $4.12 per Mcf for the three months ended June 30, 2026. - NGLs: - $4.71 per barrel for the three months ended June 30, 2026. ### Outlook / Guidance Riley Exploration Permian, Inc. revised its full-year 2026 guidance, projecting approximately 30% year-over-year oil production growth and an increase in total capital expenditures and investments. The company expects third-quarter oil production to rise by over 20% sequentially, driving significant production growth through the remainder of 2026 and into 2027. For the third quarter of 2026, the company forecasts oil production between 25.1 and 26.1 MBbls/d and total capital expenditures between $53 and $65 million, with full-year 2026 oil production anticipated to be 22.5 to 23.5 MBbls/d and total capital expenditures between $230 and $242 million. ### Related Stocks - [REPX.US](https://longbridge.com/en/quote/REPX.US.md) ## Related News & Research - [Riley Exploration Permian CEO Bobby Riley sells USD 448,118 of common shares](https://longbridge.com/en/news/295691806.md) - [Riley Exploration Permian Q2 revenue nearly doubles, oil output up 40%](https://longbridge.com/en/news/295015662.md) - [Skye Bio amends 8-K to set Aug. 24 effective date for reverse stock split](https://longbridge.com/en/news/296471274.md) - [Northann amends 8-K to file former auditor LAO Professionals’ letter on resignation](https://longbridge.com/en/news/296825824.md) - [Getty Realty amends 8-K to detail Eugene Shnayderman separation, including $300,000 cash payment](https://longbridge.com/en/news/296534890.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**