Ring Energy

Ring Energy, Inc. is an oil and gas exploration company, which engages in oil and natural gas acquisition, exploration, development, and production activities. The firm's areas of operation are situated in the Permian Basin, the Central Basin Platform, and the Delaware Basin. The company was founded by Lloyd T. Rochford and Stanley M. McCabe on July 30, 2004 and is headquartered in The Woodlands, TX.

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Ring Energy excels in Q4 2022, eyes growth amid challenges

Ring Energy's Q4 2022 performance reflects strong operational and financial achievements, supported by record sales volumes and debt reduction efforts.
The company's strategic focus on debt reduction, operational efficiency, and quality acquisitions positions it for sustainable growth and enhanced shareholder value.
While facing challenges in balancing capital spending and debt reduction, Ring Energy has opportunities to capitalize on asset exploration, recompletions, and market valuation improvements.
Overall, Ring Energy's commitment to financial discipline, operational excellence, and value creation underscores its resilience and potential for long-term success in the energy sector.

Ring Energy (REI) posts record Q1 results, eyes growth opportunities

Ring Energy (REI) delivered strong financial performance in Q1 2023, with record sales volumes and adjusted EBITDA, while focusing on debt reduction and operational efficiency.
The company's cautious approach to dividends, emphasis on a fortress balance sheet, and optimization of well performance reflect a prudent financial strategy.
Despite challenges in gas price realizations and operational scrutiny, Ring Energy (REI) remains poised for growth through efficiency gains and strategic financial management.

Ring Energy reports robust Q2 earnings, eyes growth through acquisitions

Ring Energy's Q2 performance showcased resilience amid market challenges, with strong financial metrics and strategic initiatives. The company's focus on cost efficiencies, debt reduction, and high-return projects underscores a commitment to shareholder value. Opportunities in horizontal drilling and pending acquisitions signal a path for growth and operational enhancements.

Ring Energy reports record-tying Q3 results amidst operational successes

Ring Energy's Q3 2023 earnings call showcased strong financial results, successful acquisitions, and a commitment to disciplined capital spending. Despite challenges from downtime events, the company remains focused on maximizing free cash flow and enhancing shareholder value. Opportunities lie in cost reduction efforts, debt management strategies, and benefiting from industry-wide cost pullbacks.

Ring Energy reports record 2023 results, eyes growth and efficiency

Ring Energy's strong performance in 2023 was driven by strategic initiatives and cost management.
The company's focus on debt reduction, production growth, and balance sheet improvement sets a positive trajectory for 2024.
Analysts' inquiries highlighted areas for potential improvement and optimization in operations and financial management.

Ring Energy reports record Q2 performance and focuses on growth

Ring Energy's Q2 performance showcased record sales volumes, strong cash generation, and effective cost management.
The company's focus on debt reduction, balance sheet improvement, and high oil percentage opportunities positions it for future growth.
While challenges in managing cash flow and potential market volatility exist, strategic decision-making and operational optimization offer opportunities for Ring Energy.
Overall, Ring Energy's Q2 results reflect a solid foundation for growth and value creation in the energy sector.

Ring Energy reports record sales volume and debt reduction progress

Ring Energy's Q3 2024 performance reflected operational success and financial discipline amidst industry challenges.
The company's focus on debt reduction, operational efficiency, and growth strategies positions it for long-term success.
Challenges in lease operating expenses and market dynamics require proactive management and strategic decision-making.
Opportunities for growth through exploration, partnerships, and cost optimization underscore Ring Energy's potential for value creation.

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Ring's total production nearly doubles as a result of its Stronghold acquisition, while its oil production increases by close to 70%. Ring partly paid for the acquisition with cash, resulting in increased net debt.

Ring Energy Nearly Doubles Its Production With Its Stronghold Acquisition

THE WOODLANDS, Texas, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it has completed its previously announced acquisition (the “Transaction”) of 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”).

Ring Energy Announces the Closing of the Stronghold Permian Basin Assets Acquisition

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Ring Energy, Inc. (NYSE:REI ) Q2 2022 Earnings Conference Call August 5, 2022 11:00 AM ET Company Participants Al Petrie - IR Paul McKinney - Chairman and CEO Travis Thomas - CFO Marinos Baghdati - EVP of Operations Conference Call Participants Jeffrey Campbell - Alliance Global Partners Noel Parks - Tuohy Brothers Jeffrey Robertson - Water Tower Research LLC Neal Dingmann - Truist Securities Operator Good day, and welcome to the Ring Energy Second Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

Ring Energy, Inc. (REI) CEO Paul McKinney on Q2 2022 Results - Earnings Call Transcript

Ring Energy (REI) delivered earnings and revenue surprises of 26.09% and 32.84%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Ring Energy (REI) Q2 Earnings and Revenues Beat Estimates

Sales Volumes at Higher End of Guidance Driving Increased Guidance for the Full Year Sales Volumes at Higher End of Guidance Driving Increased Guidance for the Full Year

Ring Energy Announces Results For Second Quarter of 2022

Ring Energy (REI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ring Energy (REI) Reports Next Week: Wall Street Expects Earnings Growth

THE WOODLANDS, Texas, July 26, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the timing of its second quarter 2022 earnings release and conference call.

Ring Energy Announces Timing of Second Quarter 2022 Earnings Release and Conference Call

The Stronghold Energy acquisition continues an industry trend following a very challenging fiscal year 2020. The debt levels were considered conservative until the asset story dissolved in fiscal year 2020 along with a lot of potential liquidity.

Ring Energy: Stronghold Acquisition Is A Big Step Forward

Immediately Accretive Transaction Expected to Nearly Double Production, Reserves and Projected Free Cash Flow Immediately Accretive Transaction Expected to Nearly Double Production, Reserves and Projected Free Cash Flow

Ring Energy Announces Agreement to Acquire Stronghold's Permian Basin Assets

The decline in hedging will lead to cash flow growth. The company is getting "back on track" with the original plan to convert to an operating company with an optimal amount of production.

Ring Energy: Goodbye Hedges

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THE WOODLANDS, Texas, June 16, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it is set to join the broad-market Russell 3000® Index at the conclusion of the 2022 Russell Indexes Annual Reconstitution, according to a preliminary list of additions posted by FTSE Russell on June 3, 2022. Inclusion in the index will take effect after the U.S. market opens on June 27, 2022.

Ring Energy Set to Join Russell 3000® Index

Does Ring Energy (REI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Ring Energy (REI) is a Great Choice

The market underestimates the decrease of low-priced hedges in the current fiscal year. The challenge of the last few years is unlikely to be repeated.

Ring Energy: Added Price Exposure

Ring Energy, Inc. (NYSE:REI ) Q1 2022 Earnings Conference Call May 11, 2022 11:00 AM ET Company Participants Al Petrie - Investor Relations Paul McKinney - Chairman and Chief Executive Officer Travis Thomas - Chief Financial Officer Marinos Baghdati - Executive Vice President of Operations Conference Call Participants Jeffrey Campbell - Alliance Global Partners Neal Dingmann - Truist Securities Noel Parks - Tuohy Brothers Operator Good day, and welcome to the Ring Energy's First Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Ring Energy, Inc.'s (REI) CEO Paul McKinney on Q1 2022 Results - Earnings Call Transcript

Ring Energy (REI) delivered earnings and revenue surprises of 22.22% and 26.03%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Ring Energy (REI) Q1 Earnings and Revenues Surpass Estimates

~ Improved Hedge Position, Higher Pricing and Success of 2022 Drilling Program Drives Increased Free Cash Flow Generation and Further Pay Down of Debt ~

Ring Energy Announces Results for First Quarter of 2022

A favorable commodity pricing scenario is likely to have aided Ring Energy's (REI) earnings in Q1.

Ring Energy (REI) to Report Q1 Earnings: What's in Store?

THE WOODLANDS, Texas, April 26, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: 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.

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 Call

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