RING ENERGY, INC. (REI) Ring Energy, Inc. operates as an oil and natural gas exploration and production firm, concentrating its efforts on the acquisition, development, and extraction of these resources across Texas and New Mexico. By the close of 2021, specifically December 31st, the company had established proved reserves totaling roughly 77.8 million barrels of oil equivalent. Its asset portfolio includes significant acreage: 18,882 net developed acres alongside 1,406 net undeveloped acres in Texas's Andrews and Gaines counties; an additional 18,437 net developed acres situated in Culberson and Reeves counties, Texas; and a combined 13,662 net developed acres with 11,993 net undeveloped acres located across Yoakum, Runnels, and Coke Counties in Texas, as well as Lea County, New Mexico. The company's oil and natural gas output is primarily distributed to end-users, marketing firms, and other various buyers. Incorporated in 2004, Ring Energy, Inc. was initially known as Transglobal Mining Corp. until its name was officially changed in March 2008. The company's principal office is located in The Woodlands, Texas.
Sector: Crude Petroleum & Natural Gas
Industry: Oil & Gas Exploration & Production
Ring Energy, Inc. NYSE:REI Energy · Oil & Gas Exploration & Production
AH Close $1.39 -2.11%vs close AH Close $1.39 -2.11% vs close
All Press Release SEC Filings News
Press Release
Ring Energy Announces Timing of Third Quarter 2026 Earnings Release and Conference Call
Ring Energy announced it will release third quarter 2026 results after market close on Thursday, November 5, 2026.
A conference call to discuss the results is scheduled for Friday, November 6, 2026 at 11:00 a.m. ET, with a webcast available on the company's website.
• 4d ago AI analysis › News
2 Stocks Drawing Bearish Options Activity Today
schaeffersresearch.com • 18d ago News
Ring Energy Targets 10%+ 2027 Growth as Horizontal Drilling Expands Runway
marketbeat.com • 1mo ago News
Traders Purchase High Volume of Ring Energy Call Options (NYSEAMERICAN:REI)
defenseworld.net • 1mo ago News
Ring Energy Eyes 10% Growth as Longer Laterals Unlock Permian Potential
defenseworld.net • 2mo ago News
Ring Energy Eyes 10% Growth as Longer Laterals Unlock Permian Potential
marketbeat.com • 2mo ago News
Ring Energy: Aiming For Both Production Growth And Deleveraging In 2027
seekingalpha.com • 2mo ago News
Ring Energy: The Increased Flexibility Results
seekingalpha.com • 2mo ago News
Ring Energy Q2 Earnings Call Highlights
marketbeat.com • 2mo ago News
Ring Energy, Inc. (REI) Q2 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago News
Ring Energy (REI) Surpasses Q2 Earnings and Revenue Estimates
zacks.com • 2mo ago SEC Filing ⚠ 6
REI: 10-Q · periodic report
Ring Energy posted Q2 2026 net income of $64.8 million ($0.28 basic / $0.27 diluted EPS) on oil, gas and NGL revenue of $104.7 million, up 27% year over year, as realized oil prices jumped 52% to $95.45 per barrel. Q2 production slipped 6% to 1.82 million Boe on natural declines in legacy wells, with oil volumes down 13%.
The first half still shows a net loss of $155.8 million, driven by a $162.1 million non-cash full cost ceiling test impairment taken in Q1 2026 as lower oil prices cut the present value of estimated future net revenues; no new impairment was recorded in Q2. Permian takeaway constraints kept realized natural gas prices negative at $(5.20) per Mcf, meaning Ring effectively pays purchasers to take its gas.
On capital structure, Ring completed a $69.0 million gross ($64.5 million net) underwritten equity offering in May-June 2026 at $1.35 per share, lifting shares outstanding from 207.7 million to 260.5 million, while cutting its revolver balance from $420 million to $360 million. Credit-facility-required hedges generated roughly $19.6 million of realized losses in Q2, muting participation in the oil price rally even as they preserve downside protection.
SEC 10-Q • 2mo ago AI analysis › Press Release ● Major
Ring Energy Releases Second Quarter 2026 Results, Advances Development Program and Provides Initial 2027 Outlook
Ring Energy reported Q2 2026 revenue of $104.7 million, up 27% year-over-year, with Adjusted EBITDA increasing 42% sequentially to $54.5 million driven by higher realized commodity prices.
Operational performance remained strong with production averaging 19,990 Boe per day and lease operating expenses improving to $10.12 per Boe, near the low end of guidance.
The company raised its second-half 2026 production outlook to 13,000-13,950 Bopd and provided initial 2027 guidance targeting approximately 10% production growth alongside a 10% reduction in capital expenditures.
• 2mo ago AI analysis › Press Release
Ring Energy Announces Timing of Second Quarter 2026 Earnings Release and Conference Call
Ring Energy will release its second quarter 2026 earnings after the market closes on Wednesday, August 5, 2026.
The company has scheduled a conference call to discuss operational and financial results for the following day, Thursday, August 6, 2026 at 11:00 a.m. ET.
• 3mo ago AI analysis › News
Ring Energy: Taking Advantage Of The Situation
seekingalpha.com • 3mo ago Press Release
Ring Energy Announces Debt Paydown, Reaffirmation of Borrowing Base and Enhanced Liquidity Position
Ring Energy reduced outstanding borrowings by $66 million during the second quarter of 2026, using proceeds from a recent equity offering and cash flow from operations. This brought total debt outstanding under the Credit Facility to $360 million at June 30.
The company increased its liquidity to $226.1 million from $160 million at March 31, a 41% improvement, following the semi-annual redetermination. The $1.0 billion revolving credit facility borrowing base was reaffirmed at $585 million.
Additionally, the facility was amended to eliminate the 10-basis point SOFR credit spread adjustment, lowering borrowing costs. Management emphasized that these actions enhance flexibility and strengthen the balance sheet.
• 3mo ago AI analysis › Press Release
Ring Energy Joins Russell 3000® Index
Ring Energy has been added to the broad-market Russell 3000 Index, effective immediately, which results in automatic inclusion in the small-cap Russell 2000 Index as well.
CEO Paul D. McKinney stated that this milestone should increase visibility within the institutional investor community and broaden share ownership.
FTSE Russell determines membership based on objective market-capitalization rankings, with the reconstitution capturing the largest U.S. stocks as of April 30, 2026.
• 3mo ago AI analysis › News
Is Ring Energy (REI) Stock Outpacing Its Oils-Energy Peers This Year?
zacks.com • 4mo ago News
Are Investors Undervaluing Ring Energy (REI) Right Now?
zacks.com • 4mo ago News
Is Ring Energy (REI) Stock Undervalued Right Now?
zacks.com • 4mo ago SEC Filing
REI: 8-K · proxy statement
Ring Energy, Inc. held its 2026 annual meeting of stockholders on May 21, 2026, where 145,045,941 shares were represented, representing approximately 69.3% of the outstanding common stock.
All seven director nominees were elected by a vote of the stockholders. Grant Thornton LLP was ratified as the independent registered public accounting firm for fiscal year 2026, and the company's named executive officer compensation was approved on an advisory basis.
SEC 8-K • 5mo ago News
Ring Energy: Improved Balance Sheet After Equity Offering
seekingalpha.com • 5mo ago News
Ring Energy, Inc. (REI) Discusses Horizontal Drilling Strategy and Impact of Recent Equity Offering on Deleveraging Goals Transcript
seekingalpha.com • 5mo ago News
Should Value Investors Buy Ring Energy (REI) Stock?
zacks.com • 5mo ago Press Release
Ring Energy to Participate in Water Tower Research Fireside Chat on May 20, 2026
Ring Energy will participate in a fireside chat hosted by Water Tower Research on May 20, 2026, at 10:00 AM Central Time.
The discussion will feature CEO Paul McKinney and other executives, focusing on the company's transition to horizontal development in the Permian Basin.
Management will also address how recent capital markets activity supports financial flexibility, leverage reduction, and long-term free cash flow generation.
• 5mo ago AI analysis › Press Release ● Major ⚠ 2
Ring Energy Announces Pricing of Public Offering of Common Stock
Ring Energy priced a public offering of 44,444,445 shares of common stock at $1.35 per share, a 12% discount to the prior close of $1.53.
The gross proceeds from the offering are expected to be approximately $60 million, before deducting underwriting discounts and commissions.
The company plans to use the net proceeds primarily for the repayment of outstanding borrowings under its senior secured revolving credit facility, with any remaining proceeds for general corporate purposes.
• 5mo ago AI analysis › SEC Filing ⚠ 2
REI: 424B5 · prospectus supplement
Ring Energy, Inc. is offering $60 million in shares of its common stock, with the proceeds intended for the repayment of outstanding borrowings under its senior secured revolving credit facility. The company has also granted the underwriters an option to purchase up to an additional $9 million in shares, which could further increase the offering size.
As of May 6, 2026, Ring Energy had 209,409,180 shares of common stock outstanding. The offering, if fully exercised, would result in a dilution of approximately 5.25% of the current outstanding shares.
The company's common stock is listed on the NYSE American under the symbol 'REI.' On May 8, 2026, the last reported sale price of the common stock was $1.61 per share.
The underwriters for this offering are Mizuho Securities USA LLC, BofA Securities, Inc., and Raymond James & Associates, Inc., acting as joint book-running managers. The underwriters have the option to engage in stabilizing transactions, which could affect the market price of the common stock.
SEC 424B5 • 5mo ago AI analysis › Press Release ● Critical
Ring Energy Announces Proposed Public Offering of Common Stock
globenewswire.com • 5mo ago News
Ring Energy: Strategy Change
seekingalpha.com • 5mo ago News
Ring Energy, Inc. (REI) Q1 2026 Earnings Call Transcript
seekingalpha.com • 5mo ago News
Ring Energy (REI) Q1 Earnings Top Estimates
zacks.com • 5mo ago Press Release ⚠ 3
Ring Energy Releases First Quarter 2026 Results
Ring Energy reported Q1 2026 revenue of $73.7 million but posted a GAAP net loss of $220.6 million, driven primarily by a $162.1 million non-cash ceiling test impairment and a $77.0 million unrealized derivative loss.
Excluding these items, the company generated Adjusted Net Income of $7.4 million and Adjusted EBITDA of $38.3 million, while remaining cash flow positive for the 26th consecutive quarter with $25.9 million in operating cash flow.
Management temporarily paused debt reduction to increase capital expenditures to $34.5 million, aiming to capture attractively priced inventory ahead of expected sustained higher oil prices, and maintained total liquidity of $160 million.
• 5mo ago AI analysis › News
RioCan Real Estate Investment Trust (REI.UN:CA) Q1 2026 Earnings Call Transcript
seekingalpha.com • 5mo ago News
All You Need to Know About Ring Energy (REI) Rating Upgrade to Strong Buy
zacks.com • 5mo ago News
Best Value Stocks to Buy for May 4th
zacks.com • 5mo ago Press Release ● Major
Ring Energy Announces Timing of First Quarter 2026 Earnings Release and Conference Call
globenewswire.com • 5mo ago 1 fund position change (13F filings)