On November 27, 2024, Bobby Riley, the Chief Executive Officer of Riley Exploration Permian Inc (REPX, Financial), sold 13,690 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 312,685 shares of the company.
Riley Exploration Permian Inc (REPX) is engaged in the business of oil and natural gas exploration and production. The company focuses on the acquisition, exploration, development, and production of oil and natural gas properties in the Permian Basin.
Over the past year, Bobby Riley has sold a total of 101,493 shares and has not purchased any shares. The insider transaction history for Riley Exploration Permian Inc shows that there have been 1 insider buy and 19 insider sells over the same timeframe.
As of the day of the recent sale, shares of Riley Exploration Permian Inc were trading at $35.1 each, giving the stock a market cap of $754.049 million. The company's price-earnings ratio stands at 6.22, which is lower than the industry median of 11.64 but higher than the company’s historical median price-earnings ratio.
With a price of $35.1 and a GF Value of $38.38, Riley Exploration Permian Inc has a price-to-GF-Value ratio of 0.91, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
