Ring Energy Stock Price, News & Analysis

Ring Energy (NYSE American: REI) reported strong Q2 2025 results with record production levels and significant cost reductions. The company achieved record oil sales of 14,511 Bo/d and total production of 21,295 Boe/d. Net income reached $20.6 million ($0.10 per share), with Adjusted EBITDA of $51.5 million.

The company demonstrated operational efficiency by reducing lease operating expenses to $10.45 per Boe, 9% below guidance, and generating record Adjusted Free Cash Flow of $24.8 million. Capital expenditures were reduced by 48% compared to Q1 2025. Ring Energy secured an amended credit agreement with a $585 million borrowing base extended to June 2029.

For the second half of 2025, Ring Energy maintains its production guidance of 19,000-21,000 Boe/d and updates its full-year 2025 capital expenditures to a midpoint of $97 million.

Ring Energy (NYSE American: REI) has announced its schedule for the second quarter 2025 earnings release and conference call. The company will release its Q2 2025 earnings report after market close on Wednesday, August 6, 2025.

A conference call to discuss operational and financial results is scheduled for Thursday, August 7, 2025, at 11:00 a.m. ET. Participants can join by dialing 833-953-2433 (US) or 412-317-5762 (International). The call will also be available via webcast on Ring Energy's website, with an audio replay accessible afterward.

Ring Energy (NYSE American: REI) announced its participation in a Water Tower Research fireside chat scheduled for July 15, 2025, at 10:00 AM Central Time. The discussion, led by WTR Managing Director Jeff Robertson with Ring's Chairman and CEO Paul McKinney, will focus on several key topics including the integration of recently acquired Central Basin Platform assets from Lime Rock Resources IV, LP in Q1 2025.

The conversation will address the strategic fit of these assets with Ring's existing portfolio, cost synergy opportunities, capital program adaptation during market volatility, and the company's deleveraging strategy. Investors can access the event through advance registration via Zoom or through Ring Energy's website.

Ring Energy (NYSE:REI) has selected Veriforce as its exclusive contractor management provider to enhance safety and compliance operations. The partnership aims to streamline Ring Energy's contractor oversight processes as the company experiences significant growth.

Through this collaboration, Ring Energy will utilize Veriforce's centralized solution for managing its contractor base, including compliance management capabilities and expert-led workforce training. The training programs encompass SafeLand and Hydrogen Sulfide (H2S) awareness courses to ensure contractor safety compliance before site access.

Ring Energy announced the extension and amendment of its senior secured credit facility, maintaining a borrowing base of $585 million under its $1.0 billion facility. The company extended the Credit Facility term by 34 months to June 2029, with Bank of America named as the new Administrative Agent. Key updates include a 25 basis point reduction in the Applicable Margin pricing grid, with the next bank redetermination scheduled for fall 2025. The company expanded its banking relationships, now supported by an 11-member banking syndicate including new addition Citibank. CEO Paul McKinney emphasized Ring's focus on strengthening its balance sheet, generating free cash flow through cost reductions, divesting non-core assets, and acquiring high-margin assets to reduce debt and create stockholder value.

Ring Energy (REI) reported strong Q1 2025 results with net income of $9.1 million ($0.05/share). Key highlights include oil production of 12,074 barrels per day and total production of 18,392 barrels of oil equivalent per day. The company generated Adjusted EBITDA of $46.4 million and remained cash flow positive for the 22nd consecutive quarter. REI completed the acquisition of Central Basin Platform assets from Lime Rock Resources on March 31, 2025, which is performing above expectations. In response to lower oil prices, REI has reduced its 2025 capital spending guidance by 36% to $85-113 million, while maintaining strong production levels. The company ended Q1 with $141.1 million in liquidity and continues to focus on debt reduction and stockholder value creation despite market uncertainties.

Ring Energy (NYSE American: REI) has updated its second quarter 2025 guidance, highlighting significant changes in capital spending while maintaining production targets. The company has reduced its capital spending guidance by over 50% to a midpoint of $18 million in response to recent oil price declines.

Despite the reduced spending, Ring Energy has reaffirmed its sales volume guidance with midpoints of 14,200 barrels of oil per day (Bo/d) and 21,500 barrels of oil equivalent per day (Boe/d). The production mix is expected to be 66% oil, 18% NGLs, and 16% gas. The company also maintained its Lease Operating Expense (LOE) guidance range with a midpoint of $12.00 per Boe.

CEO Paul D. McKinney emphasized the company's strategy to maximize cash flow and strengthen the balance sheet during volatile commodity prices. The decision to reduce capital spending is attributed to strong performance from first-quarter drilling, PDP assets, and recently acquired Lime Rock assets. Updated guidance for the remainder of the year will be provided with first-quarter results in early May.

Ring Energy (NYSE American: REI) reported strong operational performance for Q1 2025, with oil production exceeding 12,000 Bo/d and total production surpassing 18,300 Boe/d, both above guidance. The company successfully completed 7 wells (4 horizontal, 3 vertical), all outperforming pre-drill estimates.

A significant milestone was the completion of the Central Basin Platform (CBP) assets acquisition from Lime Rock Resources on March 31, 2025. This acquisition has already shown positive results, with production exceeding expectations by over 200 Boe/d and averaging above 2,500 Boe/d in the first two weeks. The company also achieved a 5% reduction in LOE through operational synergies.

Ring Energy has secured hedging positions for over 6,300 barrels of oil per day with weighted average downside protection of $64.44 per barrel for the remainder of 2025. The company maintains a strategy focused on free cash flow generation, disciplined capital spending, and debt reduction.

Ring Energy (NYSE American: REI) reported strong operational performance for Q1 2025, with oil sales volumes exceeding guidance. The company achieved production of over 12,000 barrels of oil per day and 18,300 barrels of oil equivalent per day. The outperformance was driven by successful drilling operations, with 7 horizontal and 3 vertical wells surpassing pre-drill estimates.

The company completed the acquisition of Central Basin Platform assets from Lime Rock Resources IV on March 31, 2025. This acquisition has shown immediate benefits with production exceeding expectations by over 200 Boe/d, averaging over 2,500 Boe/d in the first two weeks. Ring Energy has also reduced LOE by over 5% through operational synergies.

The company has hedged over 6,300 barrels of oil per day with weighted average downside protection of $64.44 per barrel for the remainder of 2025. Ring Energy will announce its complete Q1 2025 results on May 7, 2025.