Analyst Price Target is $52.00
▲ +87.79% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Riley Exploration Permian in the last 3 months. The average price target is $52.00, with a high forecast of $52.00 and a low forecast of $52.00. The average price target represents a 87.79% upside from the last price of $27.69.
Current Consensus is
The current consensus among 1 investment analysts is to buy stock in Riley Exploration Permian.
Riley Exploration Permian, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. The company's activities are primarily focused on the San Andres Formation, a shelf margin deposit on the Central Basin Platform and Northwest Shelf. Its acreage is primarily located on contiguous blocks in Yoakum County, Texas; and Lea and Roosevelt Counties, New Mexico. As of September 30, 2021, the company had approximately 31,352 net acres and a total of 77 net producing wells. Riley Exploration Permian, Inc. is headquartered in Oklahoma City, Oklahoma.