Huge Insider Buying in Media by Warren Buffett and More
Warren Buffett boosts his stake in this tracking stock again, plus a huge media deal, highlight notable insider buying in the past week.
Headquartered in Oklahoma City, OK Fiscal year ends December NYSE MKT: REPX rileypermian.com
Riley Exploration Permian, Inc. is a growth-oriented upstream oil and gas company focused on exploration and production operations in the Permian Basin across Texas and New Mexico. The company also pursues complementary infrastructure projects, including a power-focused joint venture (RPC Power). Riley Permian's production base spans both states, with Texas representing the larger share of current output. The company employs a hedging program using oil and natural gas swaps, collars, and basis swaps to manage commodity price exposure, and utilizes a credit facility alongside senior notes for capital funding. Shares trade on NYSE American under the ticker REPX. Updated
Warren Buffett boosts his stake in this tracking stock again, plus a huge media deal, highlight notable insider buying in the past week.
Riley Exploration Permian, Inc. is a growth-oriented upstream oil and gas company focused on exploration and production operations in the Permian Basin across Texas and New Mexico. The company also pursues complementary infrastructure projects, including a power-focused joint venture (RPC Power).
The Wall Street consensus 12-month price target for REPX is $46.00.