Riley Exploration Permian, Inc. (NYSE:REPX) Shares Sold by Yorktown Energy Partners VIII L.P.

Yorktown Energy Partners VIII L.P. reduced its holdings in Riley Exploration Permian, Inc. (NYSE:REPX - Free Report) by 50.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 287,627 shares of the company's stock after selling 287,627 shares during the quarter. Riley Exploration Permian makes up about 11.6% of Yorktown Energy Partners VIII L.P.'s portfolio, making the stock its 2nd largest holding. Yorktown Energy Partners VIII L.P. owned about 1.34% of Riley Exploration Permian worth $9,181,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. New York State Teachers Retirement System bought a new position in Riley Exploration Permian during the fourth quarter worth $33,000. Summit Investment Advisors Inc. raised its stake in Riley Exploration Permian by 44.8% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,189 shares of the company's stock worth $38,000 after buying an additional 368 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in Riley Exploration Permian during the fourth quarter worth $77,000. Travelers Companies Inc. bought a new position in Riley Exploration Permian during the fourth quarter worth $80,000. Finally, Quantbot Technologies LP bought a new position in Riley Exploration Permian during the fourth quarter worth $110,000. 58.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Riley Exploration Permian

In other Riley Exploration Permian news, CFO Philip A. Riley sold 1,759 shares of Riley Exploration Permian stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $29.17, for a total value of $51,310.03. Following the completion of the sale, the chief financial officer now directly owns 188,172 shares of the company's stock, valued at approximately $5,488,977.24. The trade was a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Bobby Riley sold 2,681 shares of Riley Exploration Permian stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $29.17, for a total transaction of $78,204.77. Following the completion of the sale, the chief executive officer now directly owns 439,636 shares of the company's stock, valued at approximately $12,824,182.12. This trade represents a 0.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,477 shares of company stock valued at $688,839. Corporate insiders own 4.70% of the company's stock.

Riley Exploration Permian Price Performance

Shares of NYSE REPX opened at $27.02 on Tuesday. Riley Exploration Permian, Inc. has a twelve month low of $21.98 and a twelve month high of $37.55. 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 company has a market capitalization of $595.06 million, a PE ratio of 4.79 and a beta of 1.56. The firm has a fifty day simple moving average of $26.83 and a 200 day simple moving average of $30.76.

Riley Exploration Permian Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 8th. Shareholders of record on Thursday, April 24th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 5.63%. The ex-dividend date was Thursday, April 24th. Riley Exploration Permian's dividend payout ratio (DPR) is currently 32.48%.

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.

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