SCHEDULE: Bluescape Reduces Riley Exploration Permian Stake

Bluescape Energy Partners and affiliated entities have reduced their beneficial ownership in Riley Exploration Permian, Inc. to 18.9% through recent open market sales.

Summary

• Bluescape Energy Partners and its affiliates, including C. John Wilder, Jr., collectively referred to as the Reporting Persons, filed Amendment No. 4 to their Schedule 13D for Riley Exploration Permian, Inc.
• The Reporting Persons now beneficially own 4,157,327 shares of Common Stock, representing approximately 18.9% of the Issuer's total outstanding shares.
• This percentage is based on 21,968,906 shares of Common Stock outstanding as of October 31, 2025, as reported by the Issuer in its Form 10-Q.
• Bluescape Riley Exploration Holdings LLC is the direct holder of these shares.
• During the last 60 days, the Reporting Persons sold a total of 227,526 shares of Common Stock in open market transactions.
• Notable sales include 95,539 shares on December 3, 2025, at a weighted average price of $27.5606, and 70,368 shares on December 4, 2025, at $27.7819.

Sentiment

Score: 4

Explanation: The filing indicates a significant institutional investor is reducing its stake in the company, which can be interpreted negatively by the market, suggesting a less optimistic outlook from a major shareholder. However, it does not contain any negative operational news from the company itself.

Negatives

• Reporting Persons have significantly reduced their stake in Riley Exploration Permian, Inc. by selling 227,526 shares in the last 60 days.
• The sales occurred at weighted average prices ranging from $27.5606 to $28.1436 per share.

Future Outlook

NA

Industry Context

This filing reflects a significant institutional investor's decision to reduce its stake in an oil and gas exploration company. Such divestments can sometimes signal a shift in investment strategy by the fund or a re-evaluation of the company's prospects within the broader energy sector, though the filing itself does not provide the rationale.

Stakeholder Impact

• Shareholders: The reduction in stake by a major institutional investor could lead to negative market sentiment and potentially impact share price due to perceived lack of confidence or increased supply of shares.

Key Dates

Recommendation

The filing indicates a significant institutional investor, Bluescape Energy Partners, has reduced its beneficial ownership in Riley Exploration Permian, Inc. by selling over 227,000 shares in open market transactions. While this divestment by a major shareholder could signal a less favorable outlook from their perspective and potentially exert downward pressure on the stock, the filing itself does not provide any specific negative operational or financial news from Riley Exploration Permian, Inc. that would fundamentally alter the company's valuation. Investors should 'hold' and monitor for further developments or disclosures regarding the company's performance or the rationale behind Bluescape's reduced stake, rather than making an immediate 'sell' decision based solely on this ownership change.

Keywords

Riley Exploration Permian, Bluescape Energy Partners, Schedule 13D, Beneficial Ownership, Stock Sales, Oil and Gas, Energy Sector, Shareholder Activity, Institutional Investor