US-Iran Conflict Sends Oil Prices Soaring

Oil prices have surged past $100-105 per barrel, and natural gas prices are spiking due to the US-Iran conflict disrupting key shipping routes.

This disruption affects energy-hungry businesses and reshapes cash flows in global markets. For investors, it creates both risks and opportunities.

Three integrated oil and gas producers that are most exposed to these developments are Riley Exploration Permian (REPX), Viper Energy (VNOM), and Diamondback Energy (FANG).

Riley Exploration Permian is a pure play on crude and gas prices, with its fortunes closely tied to the current price spike. The company has generated around $484 million from oil and gas exploration and production activities, with a market cap of approximately $949 million.