Skip to main content 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. | Shale Experts
Loading...

2Q 2023 Earnings Presentation – Riley Exploration Permian Inc.

Riley Exploration Permian Inc. · Aug 9, 2023 · 11 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. 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 1
    2Q23 Results Update August 2023
  2. 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 2
    2Q23 Select Highlights 1 Closed a transformative acquisition of oil and natural gas assets in New Mexico Increased oil production by 80% year-over-year versus 2Q22, driven by the acquisition 2 and organic growth 3 Generated 66MM…
  3. 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 3
    2Q23 Performance vs. Prior Guidance Activity and Investing Guidance Production, Realizations and Cost Guidance 2Q23 2Q23 2Q23 2Q23 Guidance Actuals Guidance Actuals Texas Activity Net Production Gross Operated Wells Drilled 2-4 3…
  4. 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 4
    Quarterly Drivers of Change in Cash Flow from Operations (CFFO)(1) Q/Q: 3 Months Ending 6/30/23 vs 3/31/23 CFFO(1) increased by 14.1MM or 38% Q/Q, driven primarily by materially higher volumes The impact of lower pricing was mostly…
  5. 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 5
    Annual Drivers of Change in Cash Flow from Operations (CFFO)(1) Y/Y: 6 Months Ending 6/30/23 vs 6/30/22 CFFO(1) increased by 14.8MM or 20% Y/Y Cash flow from increased volumes were more than offset by lower prices However, lower…
  6. 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 6
    Updated 2023 Plan Guidance Activity and Investing Guidance Production, Realizations and Cost Guidance F ull-Y ear 2 0 2 3 F ull-Y ear 2 0 2 3 3 Q2 3 3 Q2 3 Prior Updated Prior Updated Tex as Activity N et Production Gross Operated…
  7. 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 7
    Appendix [ insert footnotes here ] 8
  8. 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 8
    Hedging Positions as of 8/4/23 2023 2024 2025 Calendar Quarters 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q CRUDE OIL Fixed Swap - Volume, Bbls/Qtr Weighted Average Price, /Bbl 437,000 68.18 392,000 68.06 150,000 71.17 180,000 70.37 180,000…
  9. 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 9
    Equity Ownership and Research Analyst Coverage Equity Ownership Research Analyst Coverage 5% Holders and Insiders as of Shares 6/30/23(1) (MM) Ownership % Yorktown Energy Partners(2) 5.51 27.3% Firm Analyst Access Bluescape Energy…
  10. 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 10
    Debt Summary Principal Amount Borrowing Base at Facility Outstanding at Annual Interest Rate Amortization Final Maturity 6/30/23 6/30/23 Term SOFR + None; Company intends Sr. Secured 215MM 325MM 2.85% - 3.85%; most to…
  11. 2Q 2023 Earnings Presentation – Riley Exploration Permian Inc. – slide 11
    Additional Information Company www.rileypermian.com 29 E. Reno Ave., Ste 500 Oklahoma City, OK 73104 Investor Relations Direct: 405-415-8699 irrileypermian.com 12

From the store

Browse maps, data & reports in the Shale Experts store