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Riley Exploration Permian REPX Exploration Expense

Exploration Expense at other companies

McEwen Mining logo
McEwen MiningMUX
$5.46M+48.3%
Contango Silver & Gold
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Contango Silver & Gold CTGO
$3.83M+734%
Crescent Energy logo
Crescent EnergyCRGY
$6.52M+2,030%
Trilogy Metals logo
Trilogy MetalsTMQ
$25K
MGY
Magnolia Oil & Gas CorporationMGY
$1.74M+401%
APA Corporation logo
APA CorporationAPA
$26M-13.3%

Segments

By segment

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Reportable Segment$967K+10,644%

Other financials

Income statement

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Revenue$113.9M+11.2%
Gross profit$66.9M-0.4%
Operating income$43.7M-11.8%
Net income-$70.4M-346%
EPS (diluted)-$3.38-349%

Balance sheet

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Cash & equivalents$15.8M+78.5%
Total debt$240.7M-3.5%
Total equity$553.4M+4.0%
Total assets$1.2B+18.6%

Cash flow

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Operating cash flow$47.2M-6.4%
CapEx$560.0K+352%
Free cash flow$46.6M-7.2%

Valuation

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Market cap$711.63M+15.3%
Enterprise value$936.49M+9.2%
P/E11.5×+5.3×
P/S1.8×+0.3×

Profitability

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Gross margin99.9%+0.1pp
Operating margin31.6%-5.4pp
Net margin15.3%-8.6pp
FCF margin51.4%-6.6pp

Returns & leverage

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Return on equity11.4%-9.1pp
Debt / equity0.4×0.0×
Current ratio0.3×-0.1×

Where this comes from

Reported directly by Riley Exploration Permian in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The official record: Riley Exploration Permian’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Riley Exploration Permian's exploration expense?
Riley Exploration Permian (REPX) reported exploration expense of $967K in Q1 2026.
How has Riley Exploration Permian's exploration expense changed year-over-year?
Riley Exploration Permian's exploration expense increased by 10644.4% year-over-year, from $9K to $967K.
What is the long-term trend for Riley Exploration Permian's exploration expense?
Over 4 years (2021 to 2025), Riley Exploration Permian's exploration expense has grown at a -56.1% compound annual growth rate (CAGR), from $9.75M to $361K.
What does exploration expense mean?
This represents costs incurred during the search for new oil and natural gas reserves, including geological and geophysical studies and exploratory drilling. These expenses are typically expensed as incurred rather than capitalized, reflecting the company's investment in future growth. High levels of this expense indicate an aggressive strategy to replace reserves and expand the asset base.