Ring Energy SEC Filings

Ring Energy (REI) reported a Q3 2025 net loss driven by a non‑cash ceiling test impairment. Revenue was $78.6 million versus $89.2 million a year earlier, and the Company recorded a $72.9 million impairment due to lower oil prices, resulting in a quarterly net loss of $51.6 million (basic and diluted loss per share $0.25). Operating income swung to a loss of $55.0 million from income last year, partially offset by a small derivative gain.

For the first nine months of 2025, revenue totaled $240.3 million, with a net loss of $21.9 million compared to $61.8 million in income in the prior‑year period. Net cash provided by operating activities was $106.2 million, funding part of $144.2 million of investing outflows that included the Lime Rock Acquisition ($72.6 million) and development spending. The revolving line of credit balance rose to $428.0 million from $385.0 million at year‑end, cash was $0.29 million, and total assets were $1.43 billion as of September 30, 2025. Shares outstanding were 207,223,177 as of November 6, 2025.

Ring Energy (REI): The Vanguard Group filed a Schedule 13G reporting beneficial ownership of 10,613,683 shares of Ring Energy common stock, representing 5.13% of the class as of 09/30/2025.

The filing classifies Vanguard as an investment adviser and indicates a passive stake. Vanguard reports 0 sole voting power and 950,167 shared voting power. It reports 9,617,356 sole dispositive power and 996,327 shared dispositive power. The certification states the securities were acquired and are held in the ordinary course and not for the purpose of changing or influencing control.

Ring Energy disclosed a separation agreement with former CFO Travis T. Thomas executed on October 2, 2025. Under the General Release Agreement Mr. Thomas will receive a lump-sum cash severance of $1,021,688.36, reimbursement of COBRA premiums for 18 months, and acceleration of the vesting of his outstanding equity awards. In return he provided a general release of claims and agreed to confidentiality, return of property and non-disparagement covenants; he may revoke the release within seven days of signing.

Rocky Kwon, serving as Interim CFO of Ring Energy, Inc. (REI), filed an Initial Statement of Beneficial Ownership reporting direct ownership of 199,587 shares of the company's common stock. The total includes 118,293 restricted stock units (RSUs) that convert one-for-one to common shares and vest on specified dates: 23,938 RSUs on February 12, 2026; 16,314 RSUs on February 13, 2026; 13,851 RSUs on February 16, 2026; 23,939 RSUs on February 12, 2027; 16,313 RSUs on February 13, 2027; and 23,938 RSUs on February 12, 2028. The event requiring the statement is dated 09/12/2025 and the form is signed by Rocky Kwon on 09/26/2025. The filing lists a reporting address in The Woodlands, Texas.

Ring Energy insider Shawn D. Young reported a disposition of 4,030 shares of the company's common stock on 09/19/2025, at a reported price of $0.9902 per share. After the transaction, Mr. Young beneficially owned 237,908 shares. The filing states the shares were withheld by the issuer to cover tax withholding obligations arising from settlement of a restricted stock unit award under the companys long-term incentive plan.

The form identifies Mr. Young as Senior VP, Operations and indicates this is an individual filing. No other transactions, derivative positions, or additional material changes to beneficial ownership are reported in this document.

Ring Energy, Inc. reported that on September 12, 2025, Chief Financial Officer Travis T. Thomas resigned effective immediately. The company states the departure was not due to any disagreement with the company on operational, policy or practice matters. Mr. Thomas is expected to enter a separation agreement and receive severance benefits under the company’s Change in Control and Severance Benefit Plan; details reference the company’s April 11, 2025 Definitive Proxy Statement. The company appointed Rocky Kwon, age 45, as Interim Chief Financial Officer and Principal Financial Officer effective September 12, 2025. Mr. Kwon has served as Vice President of Accounting and Assistant Treasurer since March 2025 and as Controller since July 2021, and previously was Assistant Controller at Earthstone Energy, Inc. The filing states there are no reportable related-party transactions or family relationships involving Mr. Kwon.

Phillip B. Feiner, Senior Vice President and General Counsel of Ring Energy, Inc. (REI), reported a disposition of 6,218 shares of common stock on 07/31/2025 at a reported price of $0.7635 per share. Following the transaction, Mr. Feiner beneficially owned 153,309 shares. The filing explains these shares were withheld by the registrant to satisfy tax withholding obligations arising from settlement of a restricted stock unit award under the company’s long-term incentive plan. The form is signed by Mr. Feiner on 08/15/2025.

Alexander Dyes, identified as the issuer's EVP Chief Operations Officer, reported a purchase of common stock in Ring Energy, Inc. (REI) on 08/14/2025. The Form 4 shows 29,069 shares were acquired at a price of $0.8583 per share under transaction code P. After this purchase, Mr. Dyes beneficially owns 907,156 shares, held in a direct ownership form. The filing contains no derivative transactions and is signed by Mr. Dyes on 08/14/2025.

Ring Energy insider purchases increased CEO Paul D. McKinney's stake. The filing reports two purchases totaling 50,000 common shares acquired in separate transactions on 08/11/2025 and 08/12/2025 at weighted average prices of $0.8011 and $0.8356, respectively. After these transactions the reporting person beneficially owns 3,016,054 shares.

The report shows only non-derivative purchases and no derivative holdings. Footnotes disclose the per-transaction price ranges for the weighted averages. The reporting person is identified as a director and as the CEO and Chairman of the Board.