Riley Exploration Permian: Significant FCF Generation Expected In H2 2026

Elephant Analytics Investing Group Leader Follow Summary Riley increased its 2026 capex budget by $26 million and its oil production guidance by 2%. It also plans to add around 10 net DUCs by the end of the year. Riley's 2H 2026 free cash flow is projected at over $100 million before working capital changes and dividends. Increased oil production and positive realized prices for its non-oil production should help that free cash flow. Looking for more investing ideas like this one? Get them exclusively at Distressed Value Investing. Learn More » sefa ozel/iStock via Getty Images Riley Exploration Permian ( REPX ) increased its 2026 capex budget by approximately $26 million and boosted its full-year oil production guidance by 2%. It now expects roughly 22% oil production growth in 2H 2026 (compared to 1H 2026) while This article was written by Elephant Analytics 12.16K Followers Follow Aaron Chow, aka Elephant Analytics has 15+ years of analytical experience and is a top rated analyst on TipRanks. Aaron previously co-founded a mobile gaming company (Absolute Games) that was acquired by PENN Entertainment. He used his analytical and modeling skills to design the in-game economic models for two mobile apps with over 30 million in combined installs. He is the author of the investing group Distressed Value Investing, which focuses on both value opportunities and distressed plays, with a significant focus on the energy sector. Learn more>> Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.