Riley Exploration Permian (NYSE:REPX) Coverage Initiated by Analysts at Roth Capital

Stock analysts at Roth Capital initiated coverage on shares of Riley Exploration Permian (NYSE:REPX) in a report released on Thursday, Briefing.com reports. The firm set a “buy” rating and a $42.00 price target on the stock. Roth Capital’s target price would suggest a potential upside of 65.88% from the company’s current price.

REPX opened at $25.32 on Thursday. Riley Exploration Permian has a twelve month low of $5.16 and a twelve month high of $79.20.

Riley Exploration Permian Company Profile

Riley Exploration-Permian, LLC engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids reserves in the Permian Basin. The company holds working interests in oil and natural gas properties, and related assets located in Yoakum County, Texas. As of September 30, 2017, it had 23 net producing wells across approximately 19,893 net acres with 14,009 MBoe of proved reserves.

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