Skip to main content 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. | Shale Experts
Loading...
Pm

1Q 2023 Earnings Presentation – Riley Exploration Permian Inc.

Riley Exploration Permian Inc. · May 30, 2023 · 15 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 1
    Company Overview May 2023
  2. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 2
    Corporate Overview Riley Permian is a growth-oriented, independent oil and natural Select Company Metrics gas company with operations focused in Texas and New Mexico Core business operations focus on modern horizontal drilling Net…
  3. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 3
    Riley Permian Asset Characteristics and Comparison to Shale(1) 5-Yr Well Cost per Oil EUR Finding & Representative Rock Cumulative Oil 5-Yr Decline New Well Statistics Completed per 1K ft Development Properties Production per Rate…
  4. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 4
    2022 Execution Highlights 1 Reinvested 70% of Adj. EBITDAX(1) to grow oil production organically Y/Y by 31% 2 Increased Adj. EBITDAX(1) Y/Y by 81% to 176MM 3 Increased FCF(1) by more than 5x Y/Y to 56MM 4 Increased dividend per…
  5. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 5
    Transformative New Mexico Acquisition Closed April 23 Strategic acquisition in the prolific Yeso trend (Eddy County, NM), along the same Northwest Shelf as legacy Yoakum County, TX properties 4MBopd and 7MBoepd production 100+ gross,…
  6. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 6
    2023 Plan Guidance Updated in May 2023 for 2Q23 guidance; reaffirming full-year 2023 guidance with no change Activity and Investing Guidance Production, Realizations and Cost Guidance 2023 Full-Year 2Q23 (1 ) 2Q23 (1 ) Reporting…
  7. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 7
    2023 Plan Highlights: Enhancing Scale and Improving Cost Structure Y/Y Production(1)(2) Y/Y Cash G&A(1)(3) 25 5.00 80% 20.7 18% 3.94 20 Increase 4.00 Decrease 3.25 15 3.00 Mboe/d /Boe 11.5 10 2.00 5 1.00 - -…
  8. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 8
    2023 Plan Forecasts Sensitizing Oil Price(1) E&P Reinvestment Rate(3) Adjusted EBITDAX(2) E&P FCF(2)(4) YE23 Leverage(5) vs. EBITDAX(2) 350 80% 120 2.0x 1.8x 300 100 1.6x 60% 250 1.4x 80 1.2x 200 MM MM 40% 60 1.0x…
  9. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 9
    Potential Upside and Diversification through New Ventures Description and Strategy Status Onsite power generation using produced gas Equipment ordered; site preparation and Onsite Objective to improve operations with consistent,…
  10. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 10
    Investment Highlights: Inflation Hedge, Yield-Oriented Growth Story Multi-year track record of organic Premier, oil-based, conventional Proven and aligned growth in production, cash flow assets with low decline rates management team…
  11. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 11
    Appendix [ insert footnotes here ] 12
  12. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 12
    ESG Highlights Committed to ESG engagement while responsibly producing some of the worlds most demanded natural resources Environmental Social Governance Formed JV to use produced gas for onsite Providing low-cost, reliable and secure…
  13. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 13
    Hedging Positions as of 5/5/23 2023 2024 2025 Calendar Quarters 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q CRUDE OIL Fixed Swap - Volume, Bbls/Qtr Weighted Average Price, /Bbl 498,000 67.32 407,000 67.97 347,000 67.68 105,000 71.77 105,000…
  14. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 14
    Equity Ownership and Research Analyst Coverage Equity Ownership Research Analyst Coverage 5% Holders and Insiders as of Shares Ownership 1 5/1/23 (MM) % Yorktown Energy Partners 2 5.51 27.3% Firm Analyst Access Bluescape Energy…
  15. 1Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 15
    Additional Information Company www.rileypermian.com 29 E. Reno Ave., Ste 500 Oklahoma City, OK 73104 Investor Relations Direct: 405-415-8699 irrileypermian.com 16

From the store

Browse maps, data & reports in the Shale Experts store