Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Equity Bottom-Up

Riley Exploration Permian / Equity Bottom-Up

<ul><li>We are adjusting our earnings and adjusted EBITDA estimates to reflect changes to our WTI oil price forecast and wider estimated 1Q26 oil price differentials. </li><li>Our FY26 estimates incorporate average NYMEX oil prices of $$79.43/Bbl for oil and $3.29/MMBtu for natural gas compared with $76.79/Bbl and $3.47/MMBtu in our last update.</li><li>Our FY27 estimates incorporate average NYMEX prices of $70/Bbl and $3.94/MMBtu compared to $67.52/Bbl and $3.94/MMBtu in our last update. </li></ul>

We are adjusting our earnings and adjusted EBITDA estimates to reflect changes to our WTI oil price forecast and wider estimated 1Q26 oil price differentials. Our FY26 estimates incorporate average NYMEX oil prices of $$79.43/Bbl for oil and $3.29/MMBtu for natural gas compared with $76.79/Bbl and $3.47/MMBtu in our last update.Our FY27 estimates incorporate average NYMEX prices of $70/Bbl and $3.94/MMBtu compared to $67.52/Bbl and $3.94/MMBtu in our last update. 

Riley Exploration Permian

REPX：見積もりの​​更新

REPX：見積もりの更新