Ring Energy Inc.

Ring Energy Inc. 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 [...]

Ring Energy Inc. today announced that the Company is scheduled to participate in the 34th Annual Roth Conference to be held in in Dana Point, California on March 13-15, 2022. Paul McKinney, Chairman and Chief Executive Officer, and Alex Dyes, Executive Vice President of Engineering and Corporate Strategy will host in-person one-on-one meetings with investors during the Conference. A pre-recorded virtual presentation done [...]

Ring Energy Inc. today provided an update concerning the Company's fourth quarter and full year 2021 sales volumes, further paydown of debt, commencement of the 2022 drilling program, and recently enhanced hedging position. Key Highlights Grew fourth quarter 2021 sales volumes to 9,154 barrels of oil equivalent per day , an 11% increase from the third quarter 2021, and resulting in full year 2021 sales volumes of 8,519 [...]

Ring Energy Inc. today announced that it has issued its Inaugural Sustainability Report, which is now available on the Company's website at www.ringenergy.com under the "Sustainability" tab. The report provides detailed information about Ring's Environmental, Social and Governance initiatives and related key performance indicators. In the creation of the document, the Company consulted the Sustainability Accounting [...]

Ring Energy Inc. today announced an increase to its fourth quarter 2021 sales guidance, summarized its successful 2021 drilling program and provided an outlook on its 2022 drilling program. Key Highlights Increased fourth quarter 2021 sales guidance to 9,000 to 9,300 barrels of oil equivalent per day , with 85% being oil sales due to the strong production performance in October and November from the four wells included in [...]

Ring Energy Inc. today announced that the borrowing base under its senior revolving credit facility was recently successfully reaffirmed at $350 million. Key Highlights Reaffirmation of the borrowing base at $350 million; Prior hedging requirement of 3,100 barrels per day of crude oil sales for calendar 2022 remains unchanged and is fully covered by hedges currently in place; and Next regularly scheduled bank [...]

Ring Energy Inc. 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 , or 758,387 barrels of oil equivalent , 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 [...]

Ring Energy Inc. 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 [...]

Ring Energy Inc. today announced that the Company will be participating in EnerCom, Inc.'s The Oil and Gas Conference in Denver, Colorado where Chairman and Chief Executive Officer Paul McKinney is scheduled to make a presentation on Wednesday, August 18th at 10:30 am Mountain Time. Senior management will also host one-on-one meetings with investors. The presentation will be webcast live and archived on Ring's website [...]

Ring Energy Inc. 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 and the Central Basin Platform areas. Highlights and Recent Key Items Sold 8,709 barrels of oil equivalent per day , or 792,551 barrels of oil equivalent , in the second quarter of [...]