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Riley Exploration Permian Surges on Q2 Earnings Beat

Guavy AI Editorial Team
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Riley Exploration Permian (NYSE:REPX) reported impressive Q2 CY2026 results, exceeding market revenue expectations. The company's sales surged 94.2% year-on-year to $165.9 million, beating analyst estimates by 11.8%. Additionally, its GAAP profit of $4.11 per share significantly surpassed consensus estimates.

Chief Executive Officer and Chairman of the Board Bobby Riley commented on the quarter's performance: 'We continued executing the growth strategy we outlined earlier this year during the second quarter, delivering oil production near the high end of guidance and building momentum for the quarters ahead.'

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