Does this filing announce a new share repurchase program authorization?

No. The filing only reports the execution of shares repurchased during Q2 2026 under an existing program. The authorization amount, remaining balance, and date of the original program are not disclosed in this earnings release.

What is the execution mechanism for this buyback?

The filing does not specify whether the shares were repurchased under Rule 10b-18 open-market purchases, a 10b5-1 plan, or another mechanism. Only the aggregate shares, price, and total dollar amount are disclosed.

How material was this buyback relative to the company's capital allocation?

The $1 million buyback is small relative to the company's Q2 capital spending of $87 million (accrual basis). Riley Permian is prioritizing growth investment in Permian production and infrastructure, with share repurchases serving as a secondary capital-return vehicle alongside its $0.40 quarterly dividend.

What was Riley Permian's share count at the end of Q2 2026?

The diluted weighted average shares outstanding during Q2 2026 was 21.3 million. The buyback of 25,000 shares reduced the share count by approximately 0.12% during the quarter.

REPX 8-K Filed 2026-08-05 Execution disclosure

Riley Exploration Permian repurchased 25K shares at $34.13 in Q2

Oil and gas company executed buyback as part of ongoing stock repurchase program during second quarter 2026.

Shares repurchased25K

Avg price paid$34.13

MechanismNot specified

What the filing says

Riley Exploration Permian, Inc. (NYSE American: REPX) repurchased 25 thousand shares of common stock during the second quarter ended June 30, 2026, at a weighted average price of $34.13 per share for a total of $1 million. The company disclosed this execution as part of "our stock repurchase program" in its earnings release dated August 5, 2026.

The buyback occurred during a quarter in which the company generated $64 million of operating cash flow, reported net income of $87 million, and increased total debt by $26 million. Riley Permian's diluted weighted average shares outstanding during Q2 2026 was 21.3 million. The company also paid a cash dividend of $0.40 per share (totaling $9 million) during the same quarter.

The filing does not disclose the total authorization amount, remaining authorization balance, or the date the repurchase program was originally established. No amendment or new authorization is announced in this filing—only the reported execution of shares repurchased during the quarter.

As part of our stock repurchase program, the Company repurchased 25 thousand shares of common stock at a weighted average price of $34.13 per share for a total of $1 million. — Riley Exploration Permian, Inc. 8-K filing · View on SEC EDGAR →

What this means

Riley Permian's Q2 buyback of $1 million represents a modest capital return during a period of elevated investment. The company spent $87 million on total capital expenditures (accrual basis) and $68 million on cash capex while repurchasing less than 0.1% of the company's diluted share count. The $1 million repurchase is immaterial relative to the company's $273 million total debt and $20.7 billion implied market cap at the $34.13 execution price. This buyback activity, combined with the $9 million dividend, indicates the company is returning capital opportunistically while prioritizing growth investment in production and infrastructure projects in the Permian Basin.

Frequently asked questions

How much did Riley Permian spend on buybacks in Q2 2026?: Riley Permian repurchased 25,000 shares at a weighted average price of $34.13 per share for a total of $1 million during the second quarter ended June 30, 2026.
Does this filing announce a new share repurchase program authorization?: No. The filing only reports the execution of shares repurchased during Q2 2026 under an existing program. The authorization amount, remaining balance, and date of the original program are not disclosed in this earnings release.
What is the execution mechanism for this buyback?: The filing does not specify whether the shares were repurchased under Rule 10b-18 open-market purchases, a 10b5-1 plan, or another mechanism. Only the aggregate shares, price, and total dollar amount are disclosed.
How material was this buyback relative to the company's capital allocation?: The $1 million buyback is small relative to the company's Q2 capital spending of $87 million (accrual basis). Riley Permian is prioritizing growth investment in Permian production and infrastructure, with share repurchases serving as a secondary capital-return vehicle alongside its $0.40 quarterly dividend.
What was Riley Permian's share count at the end of Q2 2026?: The diluted weighted average shares outstanding during Q2 2026 was 21.3 million. The buyback of 25,000 shares reduced the share count by approximately 0.12% during the quarter.

execution oil-and-gas rule-10b-18 small-cap

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.