How did Riley Exploration's revenue and expenses trend in Q4 2024?

Riley Exploration's revenue and expenses in Q4 2024 showed a positive revenue trend with a slight decrease in expenses. 1. **Revenue Trend**: The company's revenue was reported at $409.8 million for the quarter, which is a significant figure indicating a strong business performance. This is a positive indicator of the company's ability to generate income from its oil and gas properties and contract services. 2. **Expense Trend**: The net income for the quarter was $10.93 million, which suggests that the company managed to maintain profitability despite operating expenses, including general and administrative expenses, amounting to -$5.63 million. This indicates a good cost management strategy, as the company was able to cover its expenses and generate a positive net income. Overall, Riley Exploration demonstrated a robust revenue stream and effective cost management in Q4 2024, which is a positive signal for its financial health and operational efficiency.