Ring Energy Inc.

Ring Energy Inc. today provided updated guidance for the second quarter of 2025, which included reaffirming its previous outlook for oil and total sales volumes despite a significant reduction in the Company's capital spending guidance, which was lowered in response to the recent decline in oil prices. KEY Q2 UPDATED GUIDANCE HIGHLIGHTS Reduced capital spending guidance range with a midpoint decrease of over 50% to $18 [...]

Ring Energy Inc. 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 , exceeding high end of guidance; Produced over 18,300 barrels of oil [...]

Ring Energy Inc. 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 , exceeding high end of guidance; Produced over 18,300 barrels of oil [...]

Ring Energy Inc. today provided an update concerning its Board of Directors , including the retirement of Ms. Regina Roesener effective April 14, 2025 and the appointment of Ms. Carla Tharp to the Board effective April 14, 2025 who will serve as an independent Director. Mr. Paul D. McKinney, Chairman of the Board and Chief Executive Officer, commented, "It has been a pleasure to work closely with Regina as a fellow [...]

Ring Energy Inc. announced that it has completed its previously-announced acquisition of the Central Basin Platform assets of Lime Rock Resources IV, LP on March 31, 2025. Lime Rock's CBP operations are located in the Permian Basin in Andrews County, Texas, and are focused on the development of approximately 17,700 net acres where the majority are similar to Ring's existing CBP assets in the Shafter Lake area, and the [...]

Ring Energy Inc. today announced its participation in a fireside chat with Water Tower Research on Tuesday, April 1, 2025 at 10:00 AM Central Time. As part of WTR's ongoing Fireside Chat Series, Jeff Robertson, Managing Director at WTR, will lead an in-depth conversation with Paul McKinney, Ring's Chairman and Chief Executive Officer. Included in the discussion will be a variety of important topics including the recently [...]

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Ring Energy Inc. today announced it has entered into an agreement to acquire the Central Basin Platform assets of Lime Rock Resources IV, LP 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 transaction has an [...]

Ring Energy Inc. today announced that it has issued its 2024 Sustainability Report , which is available on the Company's website at www.ringenergy.com under the "Sustainability" tab. The 2024 Report marks the fourth consecutive annual update. It provides comprehensive information about Ring's Environmental, Social and Governance initiatives and continued ESG progress on multiple fronts, including multi-year targeted [...]