$35.88
-0.43%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.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $157.6M | $116.8M | $86.6M | $64.2M | $47.6M | $35.3M | $26.1M | $19.4M | $14.4M | $10.6M |
| Maintenance CapEx | -$18.7M | -$13.9M | -$10.3M | -$7.6M | -$5.7M | -$4.2M | -$3.1M | -$2.3M | -$1.7M | -$1.3M |
| Owner Earnings | $138.8M | $102.9M | $76.3M | $56.6M | $41.9M | $31.1M | $23.0M | $17.1M | $12.7M | $9.4M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $128.5M | $88.2M | $60.6M | $41.6M | $28.5M | $19.6M | $13.4M | $9.2M | $6.3M | $4.3M |
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