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    Julian Broche • Truist Securities

    Julian Broche is an Analyst at Truist Securities, primarily focused on equity research within the financial technology and payments sectors. He has participated in coverage for high-profile companies such as Affirm Holdings, bringing detailed insights to earnings calls and company analysis as part of the Truist Securities Research Division. While specific performance metrics and historical rankings are not publicly disclosed, Broche has established himself with recognized contributions to analyst teams for leading public firms. Broche holds an active role at Truist Securities with past experience not widely published and is registered as an analyst in research; specific securities licenses or FINRA credentials have not been detailed in available public records.

    Julian Broche's questions to Riley Exploration Permian Inc (REPX) leadership

    Julian Broche's questions to Riley Exploration Permian Inc (REPX) leadership • Q2 2024

    Question

    Julian Broche of Truist Securities inquired about the incremental production volumes from the recent May acquisition, its impact on forward guidance, and the operational dynamics of the revised Power JV, specifically how it functions as a hedge.

    Answer

    CFO Philip Riley clarified that the acquisition adds only 200-300 barrels per day on an annualized basis, with the company still projecting 11% organic oil growth with lower CapEx. Regarding the Power JV, Riley explained the company increased its stake to 50% and expanded the scope to sell electricity and ancillary services to ERCOT, creating a hedge by turning low-cost natural gas feedstock into valuable power.

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