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Riley Permian Reports 2024 Results and Provides 2025 Guidance

Riley Exploration Permian, Inc. Reported a fourth-quarter 2024 production average of 25.0 MBoe/d, generating net income of $89 million.
For the full year 2024, the company generated $246 million in operating cash flow, with net income reported at $89 million or $4.26 per diluted share.
Riley Permian expects total production guidance of 24.6 to 25.6 MBoe/d for 2025, while investing $188 to $232 million in capital expenditures.
Chairman Bobby D. Riley stated, 'We had an exceptional year by all measures, highlighting a growth plan that exceeded oil production targets by 15%'.

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Riley Permian Reports 2024 Results and Provides 2025 Guidance

OKLAHOMA CITY, March 5, 2025 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company"), today reported financial and operating results for the fourth quarter and year ended December 31, 2024.

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