Riley Exploration Permian Reports Increased Production and Debt Reduction

Riley Exploration Permian, Inc. released its financial results for the third quarter of 2026, ending September 30. The company reported oil production of 25,400 barrels per day, a 20 percent increase from the previous quarter. Total equivalent production reached 42,000 barrels of oil equivalent per day.

Operating cash flow rose by 75 percent to $111 million, allowing the firm to reduce its debt by 10 percent to $245 million. CEO Bobby Riley attributed the growth to prior capital investments and improved third-party infrastructure conditions in New Mexico, which recovered following operational disruptions earlier in the year.

The company announced a 5 percent increase in its quarterly dividend to $0.42 per share in October. Looking ahead, management stated plans to maintain investment levels in asset development, citing a supportive commodity price environment and an extensive inventory of undeveloped resources.