Every 10-Q that Ring Energy (REI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow REI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full REI filings page.
Ring Energy, Inc. reported solid quarterly results but a weak first half of 2026. For the three months ended June 30, 2026, oil, natural gas and NGL revenues were $104.7 million, up from $82.6 million a year earlier. Lower operating costs helped lift income from operations to $50.3 million, and a $23.7 million gain on derivative contracts more than offset $8.4 million of interest expense, resulting in net income of $64.8 million, or $0.28 basic EPS.
For the six months ended June 30, 2026, results were dominated by a $162.1 million full cost ceiling impairment on oil and gas properties and a $58.5 million loss on derivative contracts, driving a net loss of $155.8 million, or $(0.70) per share, versus prior-year profit. Operating cash flow remained positive at $66.7 million, funding $72.4 million of development spending and modest acquisitions.
Liquidity is anchored by a revolving credit facility with a $585 million borrowing base; $360 million was outstanding at June 30, 2026, leaving about $225.0 million unused. During the period Ring completed an underwritten equity offering of 51,111,111 shares (total gross proceeds $69.0 million, net $64.5 million) and reduced revolver borrowings from $420 million to $360 million. Total assets were $1.28 billion and stockholders’ equity $753.4 million, with 260.5 million common shares outstanding.
Ring Energy, Inc. reported a first-quarter 2026 net loss of $220.6 million, driven mainly by a non-cash full cost ceiling test impairment of $162.1 million on oil and gas properties and a $82.2 million loss on derivative contracts. Oil, natural gas and NGL revenues were $73.7 million, down from $79.1 million a year earlier, as lower natural gas realizations produced net negative gas revenue.
Despite the accounting loss, net cash provided by operating activities was $25.9 million. The company invested $34.5 million in oil and gas properties, including development spending and a Yoakum County working interest acquisition, partly offset by proceeds of about $4.3 million from a non-operated interest sale. Total assets declined to $1.25 billion from $1.41 billion, and stockholders’ equity fell to $622.0 million as of March 31 2026.
Ring carried $426.0 million outstanding on its revolving credit facility against a $585.0 million borrowing base and remained in covenant compliance, leaving roughly $159.0 million of availability including letters of credit. Management also recorded a $25 million valuation allowance against federal deferred tax assets, lowering the effective tax benefit rate to 5.15%. The quarter included a correction of an immaterial prior-period error related to suspense revenues and ownership assignments, which increased retained earnings and reduced accounts payable and deferred income taxes.
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.