Riley Exploration Permian REPX Exploration Expense
Exploration Expense at other companies
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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.