BNP Paribas Financial Markets Invests $561,000 in Riley Exploration Permian, Inc. (NYSE:REPX)

BNP Paribas Financial Markets acquired a new stake in Riley Exploration Permian, Inc. (NYSE:REPX - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 17,568 shares of the company's stock, valued at approximately $561,000. BNP Paribas Financial Markets owned about 0.08% of Riley Exploration Permian as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. New York State Teachers Retirement System bought a new stake in Riley Exploration Permian in the 4th quarter valued at about $33,000. Summit Investment Advisors Inc. lifted its position in Riley Exploration Permian by 44.8% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,189 shares of the company's stock valued at $38,000 after purchasing an additional 368 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in Riley Exploration Permian in the 4th quarter valued at about $77,000. Travelers Companies Inc. bought a new stake in Riley Exploration Permian in the 4th quarter valued at about $80,000. Finally, Quantbot Technologies LP acquired a new position in Riley Exploration Permian during the 4th quarter valued at about $110,000. 58.91% of the stock is currently owned by institutional investors.

Riley Exploration Permian Price Performance

Riley Exploration Permian stock traded up $0.13 during trading hours on Thursday, hitting $26.16. 61,677 shares of the company traded hands, compared to its average volume of 107,064. The firm has a market cap of $576.12 million, a P/E ratio of 4.64 and a beta of 1.56. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 0.53. The firm's 50-day simple moving average is $26.28 and its two-hundred day simple moving average is $30.51. Riley Exploration Permian, Inc. has a 1-year low of $21.98 and a 1-year high of $37.55.

Riley Exploration Permian Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 8th. Shareholders of record on Thursday, April 24th were paid a dividend of $0.38 per share. The ex-dividend date was Thursday, April 24th. This represents a $1.52 annualized dividend and a yield of 5.81%. Riley Exploration Permian's payout ratio is 32.48%.

Insider Buying and Selling at Riley Exploration Permian

In other Riley Exploration Permian news, CFO Philip A. Riley sold 1,759 shares of the firm's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $29.17, for a total transaction of $51,310.03. Following the transaction, the chief financial officer now owns 188,172 shares of the company's stock, valued at approximately $5,488,977.24. This trade represents a 0.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Corey Neil Riley sold 3,500 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $27.34, for a total transaction of $95,690.00. Following the transaction, the insider now directly owns 125,974 shares in the company, valued at approximately $3,444,129.16. The trade was a 2.70% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,477 shares of company stock valued at $688,839. Company insiders own 4.70% of the company's stock.

About Riley Exploration Permian

Riley Exploration Permian, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. The company's activities are primarily focused on the Northwest Shelf and Yeso trend of the Permian Basin.