← Riley Exploration Permian, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $4.7m $5.3m $5.9m $4.9m $3.0m $151.0m $321.7m $375.0m $410.2m $392.0m
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $3.5m $4.9m $4.4m $4.1m $2.3m $477k $450k $203.2m $256.5m $258.7m
Lease operating expenses — — — — $20.2m $22.0m $32.5m $58.8m $71.5m $87.5m
Operating Expenses — $6.0m — $5.4m $6.9m — — — — —
Net Income from Operations Before Income Taxes — — — — $35.9m ($33.9m) $150.9m $146.1m $117.0m $209.0m
Operating Income (Loss) ($4.1m) ($765k) $240k ($505k) ($3.8m) $59.9m $203.5m $171.9m $153.7m $133.3m
Additional Financial Items
Income (Loss) from Continuing Operations, Per Basic Share — — — — — ($3) $6 — — —
Income (Loss) from Continuing Operations, Per Diluted Share — — — — — ($3) $6 — — —
Income (Loss) from Equity Method Investments — — — — — — — ($218k) ($721k) ($886k)
Preferred Stock Dividends, Income Statement Impact — — — — — $1.5m $0 — — —
Results of Operations, Depreciation, Depletion, Amortization and Accretion — — — — $0 — — — — —
Production and ad valorem taxes — — — — $4.3m $8.6m $19.3m $25.6m $29.4m $29.1m
Depletion, depreciation, amortization and accretion $1.1m $924k $795k $716k $644k $26.0m $32.1m $65.1m $74.9m $93.2m
Impairment of oil and natural gas properties $2.8m — — — — $0 $7.3m $9.8m $11.3m $1.2m
Other impairments — — — — — — — $0 $30.2m $1.6m
Gain (loss) on derivatives, net — — — — $33.9m ($89.2m) ($51.6m) $6.2m ($1.7m) $36.3m
Loss from equity method investment — — — — — — $0 ($218k) ($721k) ($886k)
Gain on midstream sale — — — — — — — $0 $0 $71.7m
Basic (in Shares) $6.1m $10.1m — — $12.5m $16.0m $19.6m $19.7m $20.7m $21.1m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — $35.9m ($33.9m) $150.9m $146.1m $117.0m $209.0m
Gain (Loss) on Derivative Instruments, Net, Pretax — — — — $33.9m ($89.2m) ($51.6m) $6.2m ($1.7m) $36.3m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — ($46.9m) $118.0m — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($4.2m) — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — ($18.8m) $0 — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — ($18.8m) $0 — — —
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic ($4.2m) ($574k) $1.6m ($436k) ($3.6m) ($48.4m) $118.0m $111.6m $88.9m $160.8m
Net Income (Loss) Attributable to Parent ($4.2m) ($574k) $1.6m ($436k) ($3.6m) ($65.7m) $118.0m $111.6m $88.9m $160.8m
Net Income (Loss) Available to Common Stockholders, Basic ($4.2m) ($574k) $1.6m ($436k) ($3.6m) ($67.2m) $118.0m $111.6m $88.9m $160.8m
Earnings Per Share, Basic ($0.69) ($0.06) — ($0.49) ($4.10) ($4.19) $6.04 $5.66 $4.29 $7.61
Earnings Per Share, Diluted ($0.69) ($0.06) — ($0.49) ($4.10) ($4.19) $5.99 $5.58 $4.26 $7.59
Weighted Average Number of Shares Outstanding, Basic 6.1m 10.1m — 888k 890k 16.0m 19.6m 19.7m 20.7m 21.1m
Weighted Average Number of Shares Outstanding, Diluted 6.1m 10.1m — 888k 890k 16.0m 19.7m 20.0m 20.9m 21.2m
General and Administrative Expense $1.4m $1.2m — $1.3m $2.2m — — — — —
Other General and Administrative Expense — — — — $10.8m $14.0m $18.5m $26.6m $26.6m $31.5m
Operating Lease, Expense — — — — $20.2m $22.0m $32.5m $58.8m $71.5m $87.5m
Other Nonoperating Income (Expense) — — — $6k $166k — — — — —
Business Combination, Acquisition Related Costs — — — — $1.4m $3.7m $2.6m $5.8m $1.6m $5.2m
Exploration costs — — — — $9.9m $9.6m $2.0m $4.2m $2.6m $361k
Administrative costs — — — — $10.8m $14.0m $18.5m $26.6m $26.6m $31.5m
Stock-based compensation expense — — — — $0 $6.1m $3.4m $6.8m $8.1m $9.1m
Cost of contract services - related parties — — — — $503k $477k $450k $579k $363k $0
Transaction costs — — — — $1.4m $3.7m $2.6m $5.8m $1.6m $5.2m
Interest Expense (non-operating) — — — — — — — — $34.3m $31.4m
Interest Expense $102k $53k — $10k $8k $4.5m $1.1m $31.8m — —
Interest Expense, Debt — — — — — $4.5m — $30.2m $31.4m $28.3m
Interest expense, net — — — — — ($4.5m) ($1.1m) ($31.8m) ($34.3m) ($31.4m)
Current Income Tax Expense (Benefit) — — — — — $54k $4.5m $6.9m $24.9m $36.8m
Income tax expense — $242k $17k $28k ($718k) ($13.0m) ($32.8m) ($34.5m) ($28.1m) ($48.1m)
Total Costs and Expenses $8.8m — — — $69.6m $91.2m $118.2m $203.2m $256.5m $258.7m
Total Other Income (Expense) ($101k) ($51k) $185k $41k $169k ($93.7m) ($52.7m) ($25.8m) ($36.7m) $75.7m
Income Tax Expense (Benefit) — ($242k) — ($28k) — $13.0m $32.8m $34.5m $28.1m $48.1m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.