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Companies Riley Exploration Permian, Inc.

Riley Exploration Permian (REPX): executive pay, fiscal 2025

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CEO total pay$5,782,259CEO Bobby Riley · source
Say-on-pay support97.55%Latest vote · source
CEO vs. named peers50th pct.Of 15 peer CEOs
CEO pay ratio30:1To the median employee · source

CEO pay, last three years

  • $2,764,157FY2023
  • $3,542,059FY2024
  • $5,782,259FY2025

CEO total pay was $5,782,259 in fiscal 2025, up from $3,542,059 in fiscal 2024.

FY2025: salary $675,000 · bonus $405,000 · stock awards $3,914,725 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Riley Exploration Permian, Inc. in fiscal 2025?
As disclosed, Bobby Riley (Chairman of the Board and Chief Executive Officer) was the highest-paid executive at Riley Exploration Permian, Inc. in fiscal 2025, with total compensation of $5,782,259.
How does Riley Exploration Permian, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Bobby Riley's total compensation ranked at the 50th percentile of Riley Exploration Permian, Inc.'s disclosed peer group.
What is Riley Exploration Permian, Inc.'s CEO-to-median employee pay ratio?
As disclosed, Riley Exploration Permian, Inc.'s CEO-to-median employee pay ratio was 30:1.
How did shareholders vote on Riley Exploration Permian, Inc.'s executive compensation?
As disclosed, 97.55% of shareholders supported Riley Exploration Permian, Inc.'s executive compensation in the latest say-on-pay vote.
How much does Riley Exploration Permian, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Riley Exploration Permian, Inc. reported total board compensation of $948,453 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Bobby Riley$675,000$405,000$3,914,725$0$742,000$0$45,534$5,782,259
Chairman of the Board and Chief Executive Officer
Philip Riley484,000232,0001,772,8420426,000049,4072,964,249
Chief Financial Officer and Executive Vice President of Strategy
John Suter438,000210,0001,604,3090385,000040,3572,677,666
Chief Operating Officer
Corey Riley434,000208,0001,589,6630382,000049,4072,663,070
Chief Information Officer and Chief Compliance Officer
Jeff Gutman371,000178,000905,9490326,000040,4391,821,388
Chief Accounting Officer and Executive Vice President of Commercial Risk

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Bobby Riley$5,782,259$3,542,059$2,764,157↑ +2,240,200
Philip Riley2,964,249—2,223,403—
John Suter2,677,666———
Corey Riley2,663,0701,642,8562,260,057↑ +1,020,214
Jeff Gutman1,821,388———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The executive compensation program is designed to attract and retain highly qualified executives and motivate them to maximize stockholder return, emphasizing a pay-for-performance philosophy where a significant portion of compensation is incentive-based. The program aims to align executive interests with stockholders by heavily weighting long-term equity compensation, which is influenced by absolute stock price performance.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Bobby D. RileyRSU2025-03-24——78,584—$2,396,812
Corey RileyPSU2025-03-246,83813,676—27,352616,377
Philip RileyPSU2025-03-247,62615,252—30,504687,408
Corey RileyRSU2025-03-24——31,911—973,286
John SuterRSU2025-03-24——32,205—982,253
John SuterPSU2025-03-246,90113,802—27,604622,056
Jeff GutmanPSU2025-03-243,8977,794—15,588351,276
Philip RileyRSU2025-03-24——35,588—1,085,434
Jeff GutmanRSU2025-03-24——18,186—554,673
Bobby D. RileyPSU2025-03-2416,84033,679—67,3581,517,913

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Bobby D. Riley$2,396,812$1,517,913$038.8%
Corey Riley973,286616,377038.8%
Philip Riley1,085,434687,408038.8%
John Suter982,253622,056038.8%
Jeff Gutman554,673351,276038.8%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jeff GutmanRSU7,794—$297,653
RileyRSU13,676—522,286
John SuterRSU13,802—527,098
RileyRSU15,252—582,474
Jeff GutmanRSU26,405—697,092
RileyRSU33,679—1,286,201
John SuterRSU42,655—1,126,092
RileyRSU56,837—1,500,497
RileyRSU64,140—1,693,305
RileyRSU114,995—3,035,868
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Rebecca BaylessIndependent · Nominating and Corporate Governance (Chair) · Audit · Compensation$120,000$196,151$0—$0$316,151
E. Wayne NordbergIndependent · Compensation · Audit · Nominating and Corporate Governance120,000196,1510—0316,151
Brent ArriagaIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance120,000196,1510—0316,151
Bobby D. RileyEmployee director · Board Chair—————0
Bryan H. LawrenceIndependent000—00
Beth di SantoEmployee director000—00
Bobby SaadatiIndependent · Nominating and Corporate Governance——0—0—

Board fee structure and ownership guideline

Annual cash retainer$120,000
Annual equity retainer$200,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)—
Stock ownership guideline$600,000

Total cost of the board

ComponentFY2025
Cash retainers and fees$360,000
Equity awards (grant-date value)$588,453
All other compensation$0
Total cost of the board$948,453

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Riley Exploration Permian as a peer

Companies that benchmark against REPX

7 companies name REPX as a compensation peer

Each company listed discloses REPX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named REPX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

The companies Riley Exploration Permian, Inc. names as compensation peers that name it back in their own disclosed peer groups.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1SilverBow Resources, Inc.2025M. Jay Allison$1,039,500$16,549,171$0$2,013,512$21,934,257
2Berry Corporation2024Kevin Kwilinski1,029,80814,071,7272,879,9941,535,62520,017,718
3Talos Energy Inc.2025Paul Goodfellow819,5556,513,94801,870,7819,351,093
4Vital Energy, Inc.2024Jason Pigott828,2696,404,7900868,6478,141,620
5Gulfport Energy Corp.2025John Reinhart919,7265,277,43701,098,9007,323,707
6Magnolia Oil & Gas Corporation2025Christopher Stavros870,1924,314,30901,480,5006,693,001
7W&T Offshore, Inc.2025Tracy Krohn800,0004,317,2890967,2006,183,187
8Riley Exploration Permian, Inc.2025Bobby Riley675,0003,914,7250742,0005,782,259
9Granite Ridge Resources, Inc.2025Tyler Farquharson477,5004,039,73955,84604,956,370
10Vitesse Energy, Inc.2025Robert Gerrity570,0001,780,3170864,0003,214,317
11Ring Energy, Inc.2025Paul McKinney626,6671,473,3060753,9842,884,957
12HighPeak Energy, Inc.2025Michael Hollis1,200,0000002,823,992
13Amplify Energy Corp.2025Daniel Furbee430,4571,038,3490359,4731,898,298
14SandRidge Energy, Inc.2025Grayson Pranin393,750275,4420287,760991,555
15Evolution Petroleum Corp.2026Kelly Loyd390,000411,6790119,250973,473

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Riley Exploration Permian, Inc.not disclosedRSU 70 · PRSU 30not disclosedMeridian Compensation Partners, LLC
Amplify Energy Corp.not disclosedPSU 50 · RSU 50not disclosedMeridian
Berry Corporation117%PSU 60 · Options 40Yes — Relative TSR vs. Peer GroupPearl Meyer
Evolution Petroleum Corp.not disclosedPRSU 66.7 · RSU 33.3not disclosedMeridian Compensation Partners
Granite Ridge Resources, Inc.not disclosednot disclosednot disclosedDana Krieg
Gulfport Energy Corp.not disclosedPRSU 60 · RSU 40not disclosedWTW
HighPeak Energy, Inc.not disclosedRSU 100not disclosedPearl Meyer & Partners, LLC
Magnolia Oil & Gas Corporationnot disclosedRSU 50 · PSU 50not disclosedFW Cook
Ring Energy, Inc.not disclosedPSU 60 · RSU 40not disclosedMeridian Compensation Partners, LLC
SandRidge Energy, Inc.not disclosedRSU 66.6 · PSU 33.3not disclosednot disclosed
SilverBow Resources, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
Talos Energy Inc.not disclosedRSU 50 · PSU 50not disclosedMeridian
Vital Energy, Inc.not disclosedRSU 50 · PSU 50not disclosedWillis Towers Watson
Vitesse Energy, Inc.not disclosedPSU 60 · RSU 40not disclosednot disclosed
W&T Offshore, Inc.121.88%PSU 60 · RSU 40Yes — TSRMeridian

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1214,974,754376,54824,82197.55%Passed
20242024-05-1013,852,274587,337190,14294.69%Passed
20192019-12-135,801,925156,79430,51996.87%Passed
20172017-12-126,187,00841,49433,88198.8%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-05-1297.55%a
20242024-05-1094.69%b
20192019-12-1396.87%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “If you "abstain" from voting, it will have the same effect as an "against" vote because abstentions are treated as shares entitled to vote under Delaware state law.”.

c. Approved under the standard stated in the filing — “An abstention from voting by a stockholder present in person or by proxy at the meeting has the same legal effect as a vote "against" Proposal No. 2 because it represents a share present or represented at the meeting and entitled to vote, thereby increasing the number of affirmative votes required to approve this proposal.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)30 : 1
CEO total compensation$5,782,259
Median employee compensation$193,097
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (51 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Bobby Riley. DEF 14A, filed 2026-04-10. Section “Summary Compensation Table” · page 27. As printed: 5,782,259. View filing ↗
  • Section 01, Philip Riley. DEF 14A, filed 2026-04-10. Section “Summary Compensation Table” · page 27. As printed: 2,964,249. View filing ↗
  • Section 01, John Suter. DEF 14A, filed 2026-04-10. Section “Summary Compensation Table” · page 27. As printed: 2,677,666. View filing ↗
  • Section 01, Corey Riley. DEF 14A, filed 2026-04-10. Section “Summary Compensation Table” · page 27. As printed: 2,663,070. View filing ↗
  • Section 01, Jeff Gutman. DEF 14A, filed 2026-04-10. Section “Summary Compensation Table” · page 27. As printed: 1,821,388. View filing ↗
  • Section 03, Bobby D. Riley RSU. DEF 14A, filed 2026-04-10. Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Corey Riley PSU. DEF 14A, filed 2026-04-10. Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Philip Riley PSU. DEF 14A, filed 2026-04-10. Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Corey Riley RSU. DEF 14A, filed 2026-04-10. Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, John Suter RSU. DEF 14A, filed 2026-04-10. Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, John Suter PSU. DEF 14A, filed 2026-04-10. Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jeff Gutman PSU. DEF 14A, filed 2026-04-10. Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Philip Riley RSU. DEF 14A, filed 2026-04-10. Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jeff Gutman RSU. DEF 14A, filed 2026-04-10. Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Bobby D. Riley PSU. DEF 14A, filed 2026-04-10. Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-04-10. Section “CEO Pay Ratio”. As printed: 30 : 1. View filing ↗
  • Section 08, Rebecca Bayless. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 316,151. View filing ↗
  • Section 08, E. Wayne Nordberg. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 316,151. View filing ↗
  • Section 08, Brent Arriaga. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 316,151. View filing ↗
  • Section 08, Bobby D. Riley. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Bryan H. Lawrence. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Beth di Santo. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Bobby Saadati. DEF 14A, filed 2026-04-10. Section “Director Compensation”. As printed: —. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-13. Item 5.07 · say-on-pay result. As reported: 97.55% (votes for as printed: 14,974,754). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-13. Item 5.07 · say-on-pay result. As reported: 94.69% (votes for as printed: 13,852,274). View filing ↗
  • Section 06, 2019 vote. Form 8-K, filed 2019-12-18. Item 5.07 · say-on-pay result. As reported: 96.87% (votes for as printed: 5,801,925). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 360,000 + equity 588,453 + all other 0 = 948,453, summed across the director compensation table rows.
  • SilverBow Resources, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in SilverBow Resources, Inc.'s own proxy. As printed: 21,934,257. View filing ↗
  • Berry Corporation, Section 10b CEO total. DEF 14A, filed 2025-01-07. CEO total compensation as printed in Berry Corporation's own proxy. As printed: 20,017,718. View filing ↗
  • Talos Energy Inc., Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Talos Energy Inc.'s own proxy. As printed: 9,351,093. View filing ↗
  • Vital Energy, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-10. CEO total compensation as printed in Vital Energy, Inc.'s own proxy. As printed: 8,141,620. View filing ↗
  • Gulfport Energy Corp., Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in Gulfport Energy Corp.'s own proxy. As printed: 7,323,707. View filing ↗
  • Magnolia Oil & Gas Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Magnolia Oil & Gas Corporation's own proxy. As printed: 6,693,001. View filing ↗
  • W&T Offshore, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in W&T Offshore, Inc.'s own proxy. As printed: 6,183,187. View filing ↗
  • Riley Exploration Permian, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Riley Exploration Permian, Inc.'s own proxy. As printed: 5,782,259. View filing ↗
  • Granite Ridge Resources, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in Granite Ridge Resources, Inc.'s own proxy. As printed: 4,956,370. View filing ↗
  • Vitesse Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Vitesse Energy, Inc.'s own proxy. As printed: 3,214,317. View filing ↗
  • Ring Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Ring Energy, Inc.'s own proxy. As printed: 2,884,957. View filing ↗
  • HighPeak Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in HighPeak Energy, Inc.'s own proxy. As printed: 2,823,992. View filing ↗
  • Amplify Energy Corp., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Amplify Energy Corp.'s own proxy. As printed: 1,898,298. View filing ↗
  • SandRidge Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-27. CEO total compensation as printed in SandRidge Energy, Inc.'s own proxy. As printed: 991,555. View filing ↗
  • Evolution Petroleum Corp., Section 10b CEO total. DEF 14A, filed 2026-10-22. CEO total compensation as printed in Evolution Petroleum Corp.'s own proxy. As printed: 973,473. View filing ↗
  • Section 10a, Gulfport Energy Corp. reciprocity. DEF 14A. Gulfport Energy Corp. names Riley Exploration Permian, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, W&T Offshore, Inc. reciprocity. DEF 14A. W&T Offshore, Inc. names Riley Exploration Permian, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, HighPeak Energy, Inc. reciprocity. DEF 14A. HighPeak Energy, Inc. names Riley Exploration Permian, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Ring Energy, Inc. reciprocity. DEF 14A. Ring Energy, Inc. names Riley Exploration Permian, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Amplify Energy Corp. reciprocity. DEF 14A. Amplify Energy Corp. names Riley Exploration Permian, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Granite Ridge Resources, Inc. reciprocity. DEF 14A. Granite Ridge Resources, Inc. names Riley Exploration Permian, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Evolution Petroleum Corp. reciprocity. DEF 14A. Evolution Petroleum Corp. names Riley Exploration Permian, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
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