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Riley Exploration Permian REPX Impairment Of Oil And Gas Properties

Impairment Of Oil And Gas Properties at other companies

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EOG ResourcesEOG
$39M-11.4%
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Gran Tierra EnergyGTE
$34.07M
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Talos EnergyTALO
$0-100%
FAN
Diamondback EnergyFANG
$0
Riley Exploration Permian logo
Riley Exploration PermianREPX
$0-100%
DML
Dorchester MineralsDMLP
$0

Segments

By segment

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Reportable Segment$0-100%

Other financials

Income statement

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Revenue$165.9M+94.2%
Gross profit$66.9M-0.4%
Operating income$87.2M+203%
Net income$87.4M+187%
EPS (diluted)$4.11+185%

Balance sheet

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Cash & equivalents$20.7M+47.5%
Total debt$267.5M-2.8%
Total equity$633.4M+13.7%
Total assets$1.3B+22.9%

Cash flow

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Operating cash flow$63.5M+88.8%
CapEx$637.0K+24.4%
Free cash flow$62.9M+89.8%

Valuation

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Market cap$758.1M+40.7%
Enterprise value$1B+26.2%
P/E6.4×+0.8×
P/S1.6×+0.2×

Profitability

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Gross margin99.9%+0.1pp
Operating margin38.4%+5.9pp
Net margin24.5%+0.2pp
FCF margin49%-7.4pp

Returns & leverage

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Return on equity19.9%+1.6pp
Debt / equity0.4×-0.1×
Current ratio0.4×-0.2×

Where this comes from

Reported directly by Riley Exploration Permian in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfOilAndGasProperties.

The source filing: Riley Exploration Permian’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:37 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001001614-26-000051
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Production and ad valorem taxes11,4306,12620,46212,796
Exploration costs466471,43356
Depletion, depreciation, amortization and accretion24,65119,56350,37138,701
Impairment of oil and natural gas properties1,2141,214
General and administrative:
Administrative costs8,7206,19916,84013,637
Stock-based compensation expense3,9182,6856,2194,054
Transaction costs1,9261,926

Item 1. Financial Statements

FAQ

What is Riley Exploration Permian's impairment of oil and gas properties?
Riley Exploration Permian (REPX) reported impairment of oil and gas properties of $0 in Q2 2026.
How has Riley Exploration Permian's impairment of oil and gas properties changed year-over-year?
Riley Exploration Permian's impairment of oil and gas properties decreased by 100.0% year-over-year, from $1.21M to $0.
What does impairment of oil and gas properties mean?
This represents non-cash charges recognized when the carrying value of oil and gas assets exceeds their estimated fair value, often due to declining commodity prices or downward revisions in reserve estimates. It serves as a critical indicator of asset quality and the impact of market volatility on the company's long-term asset base. Investors monitor this to assess the durability of the company's capital investment strategy.

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