REI earnings
Ring Energy Inc. (REI) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Ring Energy Releases First Quarter 2026 ResultsTHE WOODLANDS, Texas, May 06, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the first quarter of 2026. First Quarter 2026 Highlights Sold 12,276 barrels of oil per day ("Bo/d") and 19,351 barrels of oil equivalent per day ("Boe/d") both of which were essentially at the mid-point of guidance;Reported a net loss of $220.6 million, or $(1.06) per diluted share, driven primarily by a $162.1 million non-cash ceiling test impairment and a $77.0 million unrealized mark-to-market derivative loss related to changes in forward commodity prices;Generated Adjusted Net Income1 of $7.4 million, or $0.04 per dilu
- Ring Energy Announces Timing of First Quarter 2026 Earnings Release and Conference CallTHE WOODLANDS, Texas, April 30, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its first quarter 2026 earnings release and conference call. Ring plans to issue its first quarter 2026 earnings release after the close of trading on Wednesday, May 6, 2026. The Company has scheduled a conference call on Thursday, May 7, 2026 at 11:00 a.m. ET (10:00 a.m. CT) to discuss its first quarter 2026 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Earnings Conference Call". International callers may participate
- Ring Energy Releases Fourth Quarter and Full Year 2025 Results, Year-End 2025 Proved Reserves, and Provides 2026 GuidanceTHE WOODLANDS, Texas, March 04, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the fourth quarter and full year 2025, year-end 2025 proved reserves and provided 2026 operational and financial guidance. Fourth Quarter 2025 Highlights Sold 13,124 barrels of oil per day ("Bo/d"), near the mid-point of guidance and 20,508 barrels of oil equivalent per day ("Boe/d") which was above the mid-point of guidance;Reported a net loss of $12.8 million, or $(0.06) per diluted share, which included a $35.9 million of non-cash ceiling test impairment, and Adjusted Net Income1 of $3.6 million, or $0.02 per diluted share
- Ring Energy Announces Timing of Fourth Quarter and Full Year 2025 Earnings Release and Conference CallTHE WOODLANDS, Texas, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its fourth quarter and full year 2025 earnings release and conference call. Ring plans to issue its fourth quarter and full year 2025 earnings release after the close of trading on Wednesday, March 4, 2026. The Company has scheduled a conference call on Thursday, March 5, 2026 at 11:00 a.m. ET (10:00 a.m. CT) to discuss its fourth quarter and full year 2025 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Earnings Confere
- Ring Energy Releases Third Quarter 2025 Results and Updates GuidanceTHE WOODLANDS, Texas, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the third quarter of 2025 and updated guidance for the remainder of the year. Third Quarter 2025 Highlights Sold 13,332 barrels of oil per day ("Bo/d"), near the mid-point of guidance and 20,789 barrels of oil equivalent per day ("Boe/d") which was above the mid-point of guidance;Reported a net loss of $51.6 million, or $(0.25) per diluted share, which includes $72.9 million of non-cash ceiling test impairment charges, and Adjusted Net Income1 of $13.1 million, or $0.06 per diluted share;Recorded Adjusted EBITDA1 of $47.7 mill
- Ring Energy Announces Timing of Third Quarter 2025 Earnings Release and Conference CallTHE WOODLANDS, Texas, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its third quarter 2025 earnings release and conference call. Ring plans to issue its third quarter 2025 earnings release after the close of trading on Thursday, November 6, 2025. The Company has scheduled a conference call on Friday, November 7, 2025 at 11:00 a.m. ET (10:00 a.m. CT) to discuss its third quarter operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Earnings Conference Call". International callers may participat
- Ring Energy Announces Second Quarter 2025 Results and Updates GuidanceTHE WOODLANDS, Texas, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the second quarter of 2025 and updated guidance for the remainder of the year. Second Quarter 2025 Highlights Sold record 14,511 barrels of oil per day ("Bo/d"), exceeding the mid point of guidance and record 21,295 barrels of oil equivalent per day ("Boe/d") which was near the mid point of guidance;Reported net income of $20.6 million, or $0.10 per diluted share, and Adjusted Net Income1 of $11.0 million, or $0.05 per diluted share;Recorded Adjusted EBITDA1 of $51.5 million;Incurred Lease Operating Expense ("LOE") of $10.
- Ring Energy Announces Timing of Second Quarter 2025 Earnings Release and Conference CallTHE WOODLANDS, Texas, July 16, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its second quarter 2025 earnings release and conference call. Ring plans to issue its second quarter 2025 earnings release after the close of trading on Wednesday, August 6, 2025. The Company has scheduled a conference call on Thursday, August 7, 2025 at 11:00 a.m. ET (10:00 a.m. CT) to discuss its second quarter operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Earnings Conference Call". International callers may particip
- Ring Energy Announces First Quarter 2025 Results and Provides Updated 2025 OutlookTHE WOODLANDS, Texas, May 07, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for first quarter 2025 and provided updated guidance for the second half of the year. First Quarter 2025 Highlights Sold 12,074 barrels of oil per day ("Bo/d") (> high end of guidance) and 18,392 barrels of oil equivalent per day ("Boe/d") (> mid point of guidance);Reported net income of $9.1 million, or $0.05 per diluted share, and Adjusted Net Income1 of $10.7 million, or $0.05 per diluted share;Recorded Adjusted EBITDA1 of $46.4 million and Lease Operating Expense ("LOE") of $11.89 per Boe (< mid point of guidance);I
- Ring Energy Provides Operational Update - Amended to Correct Wells Drilled in First Quarter 2025~ Announces Timing of First Quarter Earnings Conference Call ~ THE WOODLANDS, Texas, April 18, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today provided an operational update, including first quarter 2025 oil sales volumes above the high end of the Company's guidance range and total sales volumes above the midpoint of guidance. The Company also announced the timing of Ring's quarterly results conference call. KEY HIGHLIGHTS Produced over 12,000 barrels of oil per day ("Bo/d"), exceeding high end of guidance;Produced over 18,300 barrels of oil equivalent per day ("Boe/d"), exceeding the midpoint of guidance;Oil production outperformance was driven by
- Ring Energy Provides Operational Update~ Announces Timing of First Quarter Earnings Conference Call ~ THE WOODLANDS, Texas, April 17, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today provided an operational update, including first quarter 2025 oil sales volumes above the high end of the Company's guidance range and total sales volumes above the midpoint of guidance. The Company also announced the timing of Ring's quarterly results conference call. KEY HIGHLIGHTS Produced over 12,000 barrels of oil per day ("Bo/d"), exceeding high end of guidance;Produced over 18,300 barrels of oil equivalent per day ("Boe/d"), exceeding the midpoint of guidance;Oil production outperformance wa
- Ring Energy Announces Fourth Quarter and Full Year 2024 Results, Year-End 2024 Proved Reserves, and 2025 GuidanceTHE WOODLANDS, Texas, March 05, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the fourth quarter and full year 2024, year-end 2024 proved reserves and provided 2025 operational and financial guidance. Fourth Quarter 2024 Highlights Recorded net income of $5.7 million, or $0.03 per diluted share;Reported Adjusted Net Income1 of $12.3 million, or $0.06 per diluted share;Sold 19,658 barrels of oil equivalent per day ("Boe/d"), exceeding midpoint of guidance and 12,916 barrels of oil per day ("Bo/d");Held all-in cash operating
- Ring Energy Announces Accretive Bolt-On Acquisition~ Capturing Synergies and Expanding Central Basin Platform Operations ~ ~ Announces Timing of Q4 and FY 2024 Earnings Release and Conference Call ~ THE WOODLANDS, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced it has entered into an agreement to acquire the Central Basin Platform ("CBP") assets of Lime Rock Resources IV, LP ("Lime Rock") for $100 million, subject to customary closing adjustments. The purchase price is comprised of $80 million of upfront cash consideration, a $10 million deferred cash payment due nine months after closing, and up to 7.4 million shares of Ring common stock. The transactio
- Ring Energy Announces Third Quarter 2024 Results, Provides Guidance For Fourth Quarter and Updates Full Year 2024 Outlook~ Q3 2024 Highlighted by Record Sales, Strategic Divestiture and Meaningful Debt Reduction ~ THE WOODLANDS, Texas, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for third quarter 2024 and provided an outlook for the fourth quarter and updated guidance for the full year. Third Quarter 2024 Highlights Produced record sales of 20,108 barrels of oil equivalent per day ("Boe/d") (66% oil) exceeding the high end of guidance;Oil sales were 13,204 Bo/d which were within guidance;Reported net income of $33.9 million, or $0.17 per diluted share, and Adjusted Net Income1 of $13.4 million, or $0.07 per dilut
- Ring Energy Announces Timing of Third Quarter 2024 Earnings Release and Conference CallTHE WOODLANDS, Texas, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its third quarter 2024 earnings release and conference call. Ring plans to issue its third quarter 2024 earnings release after the close of trading on Wednesday, November 6, 2024. The Company has scheduled a conference call on Thursday, November 7, 2024 at 11:00 a.m. central to discuss its third quarter 2024 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Third Quarter 2024 Earnings Conference Call". International caller
- Ring Energy Announces Second Quarter 2024 Results, Provides Guidance for Third Quarter and Updates Full Year 2024 OutlookTHE WOODLANDS, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for second quarter 2024 and provided an improved outlook for the third quarter and full year. Second Quarter 2024 Highlights Produced sales of 13,623 barrels of oil per day ("Bo/d"), representing a 2% increase over the first quarter of 2024;Sold record total volumes of 19,786 barrels of oil equivalent per day ("Boe/d") (69% oil), which was 4% higher than the first quarter;Reported net income of $22.4 million, or $0.11 per diluted share, and Adjusted Net Income1 of $23.4 million, or $0.12 per diluted share;Recorded Lease Operat
- Ring Energy Announces Timing of Second Quarter 2024 Earnings Release and Conference CallTHE WOODLANDS, Texas, July 30, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its second quarter 2024 earnings release and conference call. Ring plans to issue its second quarter 2024 earnings release after the close of trading on Tuesday, August 6, 2024. The Company has scheduled a conference call on Wednesday, August 7, 2024 at 11:00 a.m. central to discuss its second quarter 2024 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Second Quarter 2024 Earnings Conference Call". International callers
- Ring Energy Announces First Quarter 2024 Results, Provides Second Quarter 2024 Outlook and Reiterates Full Year 2024 Guidance~ Crude Oil and Boe Sales Volumes Exceed High End of Q1 Guidance ~~ LOE per Boe and Capital Spending Below Low End of Q1 Guidance ~ THE WOODLANDS, Texas, May 06, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the first quarter of 2024. Also, the Company provided an outlook for the second quarter of 2024 and reiterated its operational and financial guidance for the full year of 2024. First Quarter 2024 Highlights Sales of 13,394 barrels of oil per day ("Bo/d"), exceeding high end of the Company's guidance by 5%; Total sales volumes of 19,034 barrels of oil equivalent per day ("Boe/d") (70% oil), exceedi
- Ring Energy Announces Timing of First Quarter 2024 Earnings Release and Conference CallTHE WOODLANDS, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its first quarter 2024 earnings release and conference call. Ring plans to issue its first quarter 2024 earnings release after the close of trading on Monday, May 6, 2024. The Company has scheduled a conference call on Tuesday, May 7, 2024 at 11:00 a.m. ET to discuss its first quarter 2024 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy First Quarter 2024 Earnings Conference Call". International callers may participate
- Ring Energy Announces Record Fourth Quarter and Full Year 2023 Results, Year-End 2023 Proved Reserves and Additional 2024 GuidanceTHE WOODLANDS, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported record operational and financial results for the fourth quarter and full year 2023, year-end 2023 proved reserves and provided additional 2024 operational and financial guidance. 2023 Q4 and Full Year Highlights and Recent Key Items Grew fourth quarter total sales volumes 11% to a record 19,397 barrels of oil equivalent per day ("Boe/d") from the third quarter; Increased fourth quarter oil sales volumes 13% to a record 13,637 barrels of oil per day ("Bo/d") from the third quarter; Increased year-over-year total sales volumes by 47% to a record 18,119 Boe/d;
- Ring Energy Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference CallTHE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its fourth quarter 2023 earnings release and conference call. Ring plans to issue its fourth quarter and full year 2023 earnings release after the close of trading on Thursday, March 7, 2024. The Company has scheduled a conference call on Friday, March 8, 2024 at 11:00 a.m. ET to discuss its fourth quarter and full year 2023 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Fourth Quarter 2023 Earnings Conference Call".
- Ring Energy Announces Third Quarter 2023 Results and Updates Fourth Quarter 2023 Guidance~ Matches Record for Generating Quarterly Adjusted EBITDA ~ ~ Benefiting from Solid Industry Backdrop, Targeted Capital Spending Program and Recently Completed Acquisition ~ ~ Closed on Sale of Non-Core Operated New Mexico Assets on September 27, 2023 ~ THE WOODLANDS, Texas, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the third quarter of 2023. In addition, the Company updated its guidance for the fourth quarter of 2023 and announced the successful sale of its non-core operated New Mexico properties that closed on September 27, 2023. Third Quarter 2023 Highlights Closed on the previously
- Ring Energy Announces Timing of Third Quarter 2023 Earnings Release and Conference CallTHE WOODLANDS, Texas, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its third quarter 2023 earnings release and conference call. Ring plans to issue its third quarter 2023 earnings release after the close of trading on Thursday, November 2, 2023. The Company has scheduled a conference call on Friday, November 3, 2023 at 11:00 a.m. ET to discuss its third quarter 2023 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Third Quarter 2023 Earnings Conference Call". International callers may
- Ring Energy Announces Second Quarter 2023 Results and Reiterates Quarterly Guidance for Second Half 2023~ Second Half 2023 to Benefit from Targeted 2023 Capital Spending Program and Recently Announced Acquisition ~ THE WOODLANDS, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the second quarter of 2023. In addition, the Company reaffirmed its pro forma guidance for the third and fourth quarters of 2023 assuming completion of its recently announced transaction to acquire additional assets in the Central Basin Platform ("CBP") of the Permian Basin from Founders Oil & Gas IV, LLC ("Founders") for $75 million in cash, subject to customary closing adjustments (the "Founders Acquisition"). S
- Ring Energy Announces Timing of Second Quarter 2023 Earnings Release and Conference CallTHE WOODLANDS, Texas, July 20, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its second quarter 2023 earnings release and conference call. Ring plans to issue its second quarter 2023 earnings release after the close of trading on Thursday, August 3, 2023. The Company has scheduled a conference call on Friday, August 4, 2023 at 11:00 a.m. ET to discuss its second quarter 2023 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Second Quarter 2023 Earnings Conference Call". International callers may pa
- Ring Energy Announces First Quarter 2023 Results and Reiterates Full Year 2023 GuidanceTHE WOODLANDS, Texas, May 03, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the first quarter of 2023. In addition, the Company provided second quarter guidance and reiterated its full year 2023 outlook. First Quarter 2023 Highlights and Recent Key Items Grew first quarter 2023 sales volumes 2% to a record 18,292 barrels of oil equivalent per day ("Boe/d") (69% oil) from 17,856 Boe/d (68% oil) for the fourth quarter of 2022; First quarter 2023 sales volumes were at the high-end of the Company's guidance range of 17,800 to 18,300 Boe/d; Reported net income of $32.7 million, or $0.17 per diluted sh
- Ring Energy Announces Timing of First Quarter 2023 Earnings Release and Conference CallTHE WOODLANDS, Texas, May 01, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its first quarter 2023 earnings release and conference call. Ring plans to issue its first quarter 2023 earnings release after the close of trading on Wednesday, May 3, 2023. The Company has scheduled a conference call on Thursday, May 4, 2023 at 11:00 a.m. ET to discuss its first quarter 2023 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy First Quarter 2023 Earnings Conference Call". International callers may participat
- Ring Energy Announces Record Fourth Quarter and Full Year 2022 Results, Nearly 80% Increase in Year-End 2022 Proved Reserves and Provides 2023 Guidance~ Transformational Acquisition Helped Drive Record Production, Reserves, Revenue, Net Income and Adjusted EBITDA for Full Year 2022 ~ ~ Expects 2023 Annual Sales Volumes to Increase More Than 40% Over 2022 ~ THE WOODLANDS, Texas, March 09, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the fourth quarter and full year 2022, including Ring's year-end 2022 proved reserves. In addition, the Company provided first quarter and full year 2023 operational and capital spending guidance. 2022 Highlights and Recent Key Items Significantly benefited from the Company's acquisition of the Stronghold Energy assets
- Ring Energy Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and Conference CallTHE WOODLANDS, Texas, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its upcoming earnings release and conference call. Ring plans to issue its fourth quarter and full year 2022 earnings release after the close of trading on Thursday, March 9, 2023;The Company has scheduled a conference call on Friday, March 10, 2023 at 11:00 a.m. ET to discuss its fourth quarter and full year 2022 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Fourth Quarter and Full Year 2022 Earnings Conference Call".
- Ring Energy Announces Record Results for Third Quarter Of 2022THE WOODLANDS, Texas, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the third quarter of 2022. In addition, Ring reiterated its fourth quarter guidance and preliminary outlook for 2023. Third quarter results include the impact from the acquisition (the "Stronghold Transaction") of the assets of privately held Stronghold Energy II Operating, LLC and Stronghold Energy II Royalties, LP (collectively, "Stronghold") for only the month of September 2022 following the closing of the transaction. Ring further commented that it applied three-stream revenue reporting with the results disclosed today. Thi
- Ring Energy Announces Timing of Third Quarter 2022 Earnings Release and Conference CallTHE WOODLANDS, Texas, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its third quarter 2022 earnings release and conference call. Ring plans to issue its third quarter 2022 earnings release after the close of trading on Wednesday, November 9, 2022. The Company has scheduled a conference call on Thursday, November 10, 2022 at 11:00 a.m. ET to discuss its third quarter 2022 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Third Quarter 2022 Earnings Conference Call". International callers ma
- Ring Energy Announces Results For Second Quarter of 2022THE WOODLANDS, Texas, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the second quarter of 2022. In addition, Ring provided third quarter guidance and increased its full year 2022 sales volumes outlook. Second Quarter 2022 Highlights Recorded quarterly sales revenue of $85.0 million, which was the highest in the Company's history;Produced sales volumes of 9,341 barrels of oil equivalent per day ("Boe/d") (86% oil) were 5% higher than the first quarter of 2022 and at the higher end of Ring's guidance range of 9,000 to 9,400 Boe/d (86% oil);Increased Net Income nearly six-fold to $41.9 million,
- Ring Energy Announces Timing of Second Quarter 2022 Earnings Release and Conference CallTHE WOODLANDS, Texas, July 26, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its second quarter 2022 earnings release and conference call. Ring plans to issue its second quarter 2022 earnings release after the close of trading on Thursday, August 4, 2022. The Company has scheduled a conference call on Friday, August 5, 2022 at 11:00 a.m. ET to discuss its second quarter 2022 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Second Quarter 2022 Earnings Conference Call". International callers may pa
- Ring Energy Announces Agreement to Acquire Stronghold's Permian Basin AssetsTHE WOODLANDS, Texas, July 05, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced it has entered into an agreement to acquire (the "Transaction") the assets of privately-held Stronghold Energy II Operating, LLC and Stronghold Energy II Royalties, LP (collectively, "Stronghold"). Stronghold's operations are located primarily in Crane County, Texas and focused on the development of approximately 37,000 net acres in the Permian Basin's Central Basin Platform ("CBP"). Stronghold is majority owned by Warburg Pincus, LLC, a leading growth investor ("Warburg Pincus"). Consideration for the Transaction, subject to customary closing adjustments, con
- Ring Energy Announces Results for First Quarter of 2022~ Improved Hedge Position, Higher Pricing and Success of 2022 Drilling Program Drives Increased Free Cash Flow Generation and Further Pay Down of Debt ~ THE WOODLANDS, Texas, May 10, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the first quarter of 2022. In addition, the Company provided second quarter guidance and reiterated its full year 2022 outlook. First Quarter 2022 and Recent Highlights Produced sales volumes of 8,870 barrels of oil equivalent per day ("Boe/d") (85% oil), which was above the high end of Ring's guidance range of 8,500 to 8,700 Boe/d (85% oil);Reported net income of $7.1 million
- Ring Energy Provides Operational Update with First Quarter Sales Above the High End of Guidance and Announces Timing of First Quarter Earnings Release and Conference CallTHE WOODLANDS, Texas, April 26, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today provided an operational and financial update for the Company's first quarter 2022 sales, drilling program and further debt repayment. Ring also announced the timing of its first quarter 2022 earnings release and conference call. Highlights and Recent Key Items Reported first quarter 2022 sales volumes of approximately 8,870 barrels of oil equivalent per day ("Boe/d") (~ 85% oil), which was above the high end of first quarter guidance; Improved sales were driven by several factors such as placing wells on production sooner than anticipated and production optimization with
- Ring Energy Announces Fourth Quarter and Full Year 2021 Results, Year-End 2021 Proved Reserves and Provides 2022 Guidance~ Continuing to Generate Free Cash Flow, Reduce Debt and Increase Liquidity ~ ~ 2022 Capital Budget of $120 Million to $140 Million Supports Previously Announced Continuous Drilling Program ~ THE WOODLANDS, Texas, March 16, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the fourth quarter and full year 2021, including Ring's year-end 2021 proved reserves. In addition, the Company provided first quarter and full year 2022 guidance and an update on its 2022 drilling program. Highlights and Recent Key Items Grew fourth quarter 2021 sales volumes 11% to 9,153 barre
- Ring Announces Timing of Fourth Quarter and Full Year 2021 Earnings Release and Conference CallTHE WOODLANDS, Texas, March 11, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") announced today the timing of its fourth quarter and full year 2021 earnings release and conference call. Ring plans to issue its fourth quarter and full year 2021 earnings release after the close of trading on Wednesday, March 16, 2022. The Company has scheduled a conference call on Thursday, March 17, 2022 at 11:00 a.m. ET to discuss its fourth quarter and full year 2021 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Year End 2021 Earnings Conf
- Ring Energy Announces Third Quarter 2021 ResultsTHE WOODLANDS, Texas, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the third quarter 2021. Highlights and Recent Key Items Sold 8,243 barrels of oil equivalent per day ("Boe/d"), or 758,387 barrels of oil equivalent ("Boe") (87% oil), in the third quarter of 2021;Reported net income of $14.2 million, or $0.12 per diluted share, and Adjusted Net Income1 of $6.8 million, or $0.07 per share, in the third quarter of 2021;Generated Adjusted EBITDA1 of $19.7 million for the third quarter of 2021; Adjusted EBITDA for the nine months ended September 30, 2021 was $59.3 million; Delivered Net Cash Prov
- Ring Announces Timing of Third Quarter 2021 Earnings Release and Conference CallTHE WOODLANDS, Texas, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") announced today the timing of its third quarter 2021 earnings release and conference call. Ring plans to issue its third quarter 2021 earnings release after the close of trading on Tuesday, November 9, 2021. The Company has scheduled a conference call on Wednesday, November 10, 2021 at 11:00 a.m. ET to discuss its third quarter 2021 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Third Quarter 2021 Earnings Conference Call". International callers m
- Ring Energy Announces Second Quarter 2021 Results and Increased Drilling Plans for Second Half 2021THE WOODLANDS, Texas, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the second quarter 2021. In addition, the Company announced drilling plans for the second half of 2021 that include three or more wells in each of Ring's Northwest Shelf ("NWS") and the Central Basin Platform ("CBP") areas. Highlights and Recent Key Items Sold 8,709 barrels of oil equivalent per day ("Boe/d"), or 792,551 barrels of oil equivalent ("Boe") (89% oil), in the second quarter of 2021, up 11% from the first quarter of 2021;Reported a net loss of $15.9 million, or $0.16 per share, and Adjusted Net Income1 of $7.3 mill
- Ring Energy Schedules Second Quarter 2021 Earnings Release and Conference CallTHE WOODLANDS, Texas, July 27, 2021 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced the timing of its second quarter 2021 earnings release and conference call. The Company will issue its second quarter 2021 earnings release on Monday, August 9, 2021 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Tuesday morning, August 10, 2021 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time.) Interested parties in the United States may participate toll-free by dialing (833) 953-2433. International parties may dial (412) 317-5762. Participants should ask to be joined to