Truist Financial analyst Neal Dingmann maintained a Buy rating on Riley Exploration Permian (REPX – Research Report) on August 9. The company’s shares closed last Friday at $34.92.
According to TipRanks, Dingmann is a top 25 analyst with an average return of 30.3% and a 74.95% success rate. Dingmann covers the Energy sector, focusing on stocks such as Targa Resources, Earthstone Energy, and Northern Oil And Gas.
Currently, the analyst consensus on Riley Exploration Permian is a Moderate Buy with an average price target of $49.00.
See the top stocks recommended by analysts >>
Based on Riley Exploration Permian’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $99.31 million and a net profit of $33.07 million. In comparison, last year the company earned a revenue of $87.78 million and had a net profit of $38.56 million
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of REPX in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Tengasco, Inc. operates as an independent oil and gas company. It explores, develops and produces domestic oil and natural gas reserves. The firm also deals with well drilling activities. The company was founded in 1916 and is headquartered in Greenwood Village, CO.
Read More on REPX:
