Riley Exploration Permian: A Domestic Oil Play For Rising Oil Prices

Brent Hecht2.04K FollowersFollow5ShareSavePlay(8min)CommentsSummaryRising oil prices following the recent Iran conflict could provide a favorable macro backdrop for domestic producers.Riley Permian is guiding for approximately 23% oil production growth in 2026, significantly higher than many larger peers.The company trades at a much lower valuation relative to production compared with larger Permian operators.While higher debt levels and significant oil hedges create some risk, sustained higher oil prices could drive meaningful upside. peshkov/iStock via Getty Images Riley Exploration Permian (REPX) is a company that focuses on oil and gas exploration in the Permian Basin. The company was formed from a reverse merger in 2020. In this article, in addition to its full name, IThis article was written byBrent Hecht2.04K FollowersFollowI focus on a variety of stocks but I prefer to write about oil and gas companies for now. I also enjoy studying and writing about where energy and monetary incentives intersect. I have a a bachelors and MBA although that should never replace experience and interest.Thanks for reading my articles!Analyst’s Disclosure: I/we have a beneficial long position in the shares of REPX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.