StockNews.AI
REPX
StockNews.AI
48 days

Riley Permian Announces Closing of New Mexico Acquisition

1. REPX completed acquisition of Silverback Exploration II on July 1, 2025. 2. Silverback owns oil and gas assets in Eddy County, New Mexico. 3. The acquisition aligns with REPX’s growth-oriented strategy.

+1.84%Current Return
VS
+1.23%S&P 500
$26.5807/02 07:05 AM EDTEvent Start

$27.0707/03 01:19 PM EDTLatest Updated
3m saved
Insight
Article

FAQ

Why Bullish?

Acquisitions often enhance company value; market usually reacts positively, as seen with similar transactions.

How important is it?

The acquisition directly impacts REPX's asset base and growth potential, influencing investor perception significantly.

Why Long Term?

Successful integration of acquisitions typically yields benefits over time; similar past acquisitions show gradual value increase.

Related Companies

, /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian") completed on July 1, 2025 its previously announced acquisition of Silverback Exploration II, LLC, which owns oil and gas assets located in Eddy County, New Mexico. About Riley Exploration Permian, Inc.Riley Permian is a growth-oriented, independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids. For more information please visit www.rileypermian.com. Investor Contact: Rick D'Angelo 405-438-0126 [email protected] SOURCE Riley Exploration Permian, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News