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REPX (Riley Exploration Permian) Cash And Cash Equivalents : $10.9 Mil (As of Jun. 2024)


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What is Riley Exploration Permian Cash And Cash Equivalents?

Riley Exploration Permian's quarterly cash and cash equivalents declined from Dec. 2023 ($15.32 Mil) to Mar. 2024 ($6.56 Mil) but then increased from Mar. 2024 ($6.56 Mil) to Jun. 2024 ($10.91 Mil).

Riley Exploration Permian's annual cash and cash equivalents declined from Sep. 2021 ($17.07 Mil) to Dec. 2022 ($13.30 Mil) but then increased from Dec. 2022 ($13.30 Mil) to Dec. 2023 ($15.32 Mil).


Riley Exploration Permian Cash And Cash Equivalents Historical Data

The historical data trend for Riley Exploration Permian's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Riley Exploration Permian Cash And Cash Equivalents Chart

Riley Exploration Permian Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Sep21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.06 1.56 17.07 13.30 15.32

Riley Exploration Permian Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.74 10.37 15.32 6.56 10.91

Riley Exploration Permian Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.


Riley Exploration Permian  (AMEX:REPX) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.


Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.


Riley Exploration Permian Cash And Cash Equivalents Related Terms

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Riley Exploration Permian Business Description

Traded in Other Exchanges
N/A
Address
29 E. Reno Avenue, Suite 500, Oklahoma City, OK, USA, 73104
Riley Exploration Permian Inc is engaged in the business of exploration for and production of oil and natural gas. The company operations are in Kansas Properties, and Tennessee Properties, among others.
Executives
Bobby Riley director, officer: CHIEF EXECUTIVE OFFICER 29 EAST RENO, SUITE 500, OKLAHOMA CITY OK 73104
Riley Corey Neil officer: EVP BUSINESS INTELLIGENCE 4430 CRITTENDEN DRIVE, NORMAN OK 73072
Bryan H Lawrence director C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Riley Exploration Group, Llc 10 percent owner 2008 NORTH COUNCIL AVE, BLANCHARD OK 73010
Bluescape Energy Recapitalization & Restructuring Fund Iii Lp 10 percent owner 200 CRESCENT COURT, STE. 1900, DALLAS TX 75201
Alvin Gerald Libin 10 percent owner 3200 255 5TH AVENUE SW, CALGARY A0 T2P 3G6
Kevin Riley officer: PRESIDENT 29 EAST RENO, SUITE 500, OKLAHOMA CITY OK 73104
E Wayne Nordberg director C/O HOLLOW BROOK WEALTH MANAGEMENT LLC, 420 LEXINGTON AVENUE, SUITE 2840, NEW YORK NY 10170
Brent Alexander Arriaga director 12330 BROKEN BOUGH DR, HOUSTON TX 77024
Philip A Riley officer: EVP STRATEGY 919 MILAM STREET, SUITE 550, HOUSTON TX 77005
Rebecca L Bayless director 18 MAYMONT WAY, THE WOODLANDS TX 77382
Balmon Investments Ltd. 10 percent owner 3200 255 5TH AVENUE SW, CALGARY A0 T2P 3G6
Estate Of Antonie Vandenbrink 10 percent owner 59 BELAIRE PLACE SW, CALGARY A0 T2V2C3
Di Santo Beth A director 170 CHRISTOPHER STREET, NEW YORK NY 10014
Amber Bonney officer: Chief Accounting Officer 914 N. BROADWAY, SUITE 230, OKLAHOMA CITY OK 73102