Earnings Call Summary | Riley Exploration Permian(REPX.US) Q1 2024 Earnings Conference
Earnings Call Summary | Riley Exploration Permian(REPX.US) Q1 2024 Earnings Conference
The following is a summary of the Riley Exploration Permian, Inc. (REPX) Q1 2024 Earnings Call Transcript:
以下是莱利探索二叠纪公司（REPX）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Riley Exploration reported a 4% increase in Q1 net oil production to an average of 14.2 thousand barrels per day.
Operating cash flow before working capital increased by 7% quarter-over-quarter, despite 2% lower oil prices.
The company's reinvestment rate of operating cash flow into upstream CapEx was 45% on accrual basis and 60% on a cash CapEx basis.
莱利勘探公司报告称，第一季度净石油产量增长了4％，达到平均每天14,200桶。
尽管油价下跌了2％，但扣除营运资金前的运营现金流同比增长了7％。
该公司的运营现金流向上游资本支出的再投资率按应计制计算为45％，按现金资本支出计算为60％。
Business Progress:
业务进展：
Riley Exploration drilled seven net wells in Q1 and expects Q2 oil production to reach between 14.4 and 14.8 thousand barrels per day.
The company completed the acquisition of 13,900 net acres in Eddy County, New Mexico, extending its operational range.
Riley will continue to focus on operational excellence, cost control and capital efficiency while allocating resources to support growth.
莱利勘探公司在第一季度净钻了七口油井，预计第二季度的石油产量将达到每天14.4至14,800桶。
该公司完成了对新墨西哥州埃迪县13,900英亩净土地的收购，扩大了其运营范围。
莱利将继续专注于卓越运营、成本控制和资本效率，同时分配资源以支持增长。
More details: Riley Exploration Permian IR
更多详情： 莱利探索二叠纪红外线
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