Riley Exploration Permian CEO Bobby Riley sells $448,087 in stock By Investing.com

Bobby Riley, CEO and Director of Riley Exploration Permian (), sold 12,500 shares of the company’s common stock on August 10, 2026. The transactions totaled $448,087, with prices ranging from $35.1832 to $36.1154. The sale comes as the stock trades at $35.98 with a market cap of $780 million, showing a significant 10.67% return over the last week. According to InvestingPro analysis, REPX appears undervalued at current levels, with the stock trading at a low P/E ratio of 6.46 relative to its near-term earnings growth—placing it on the platform’s most undervalued stocks watchlist.

The sales were executed under a Rule 10b5-1 trading plan, which Mr. Riley previously adopted on June 29, 2025.

One of the reported transactions involved the sale of 3,599 shares at a weighted average price of $35.1832. These shares were sold in multiple individual transactions at prices ranging from $34.6650 to $35.6550. A second transaction saw the sale of 8,901 shares at a weighted average price of $36.1154, with individual sales occurring at prices ranging from $35.6700 to $36.2950.

Following these reported transactions, Mr. Riley beneficially owns 482,983 shares of Riley Exploration Permian common stock. This total includes 359,461 shares of restricted common stock, which are subject to vesting and certain other restrictions.

In other recent news, Riley Exploration Permian Inc. reported impressive second-quarter 2026 results, surpassing expectations. The company achieved adjusted earnings of $4.11 per share, significantly exceeding analysts’ estimate of $1.37. Revenue also outperformed forecasts, reaching $165.85 million compared to the anticipated $159.3 million. Following a quarter characterized by record activity and increased capital spending, Riley Exploration Permian raised its full-year production guidance. These developments indicate a period of strong operational performance for the company. The company’s financial results have drawn attention from analysts, though specific upgrades or downgrades were not mentioned. Investors are likely to note these positive earnings and revenue figures as they consider their positions.

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