Every 8-K 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 8-K covers material events a company has to report between its quarterly 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 reported strong second-quarter 2026 results, with revenue of $104.7 million and net income of $64.8 million ($0.27 per diluted share), including a $42.2 million unrealized gain on derivative contracts. Adjusted Net Income was $24.0 million ($0.10 per diluted share) and Adjusted EBITDA rose to $54.5 million, up 42% from the first quarter.
Average production was 19,990 Boe/d, with oil at 12,683 Bo/d; lease operating expense was $10.12 per Boe, near the low end of guidance. The company generated $40.8 million of net cash from operating activities and $4.4 million of Adjusted Free Cash Flow, while reducing revolver borrowings by $66 million to $360 million and ending June 30 with total liquidity of about $226.1 million and a 1.7x Consolidated Total Debt to LQA Consolidated EBITDAX ratio.
Ring increased its 2026 development program, emphasizing longer laterals, and issued updated guidance for the second half of 2026 of 13,000–13,950 Bo/d oil and $10.00–$10.60 LOE per Boe. Initial 2027 guidance targets production growth of about 10% over 2026, LOE per Boe about 1% lower, and capital spending about 10% lower than full-year 2026.
Ring Energy, Inc. reported voting results from its 2026 annual stockholder meeting. Of 209,395,110 common shares outstanding as of the April 2 record date, 145,045,941 shares were represented, about 69.3% of those eligible to vote.
Stockholders elected all seven director nominees, each receiving more votes "For" than "Withheld." They also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers. In addition, stockholders ratified the appointment of Grant Thornton LLP as independent registered public accounting firm for fiscal year 2026.
Ring Energy, Inc. entered into an underwriting agreement with Mizuho Securities USA, BofA Securities, and Raymond James for a previously announced underwritten offering of 44,444,445 shares of its common stock.
The company also granted the underwriters a 30‑day option to purchase up to 6,666,666 additional shares. The transaction is being conducted under an effective shelf registration statement on Form S‑3, using a base prospectus and May 12, 2026 preliminary and final prospectus supplements. Ring Energy agreed to customary indemnification provisions and filed the underwriting agreement and related legal opinion as exhibits.
Ring Energy, Inc. reported first quarter 2026 results showing solid operations but a large accounting loss. The company generated oil and gas revenues of $73.7 million on average sales of 19,351 Boe/d, including 12,276 Bo/d, roughly in line with guidance. Lease operating expense was $10.41 per Boe, below the low end of guidance, supporting a cash operating margin of $20.53 per Boe. Despite this, Ring posted a net loss of $220.6 million, or $(1.06) per diluted share, mainly from a non-cash $162.1 million ceiling test impairment under the full cost method and a $77.0 million unrealized derivative loss. On an adjusted basis, the company earned Adjusted Net Income of $7.4 million ($0.04 per diluted share) and Adjusted EBITDA of $38.3 million, while net cash provided by operating activities was $25.9 million, marking its 26th consecutive quarter of positive operating cash flow. Capital expenditures were $34.5 million, including accelerated infrastructure spending to support longer laterals. Liquidity at March 31, 2026 totaled about $160.0 million, with $426 million drawn on a $585 million borrowing base. The company also disclosed that Sundip “Sonu” S. Johl has been appointed Principal Financial Officer in addition to his roles as Executive Vice President, Chief Financial Officer and Treasurer, while Rocky Kwon continues as Vice President, Chief Accounting Officer and Principal Accounting Officer.
Ring Energy, Inc. granted equity inducement awards to Executive Vice President, Chief Financial Officer and Treasurer Sonu Johl, effective March 5, 2026. The package includes 317,460 restricted stock units and 476,190 performance stock units tied to the company’s common stock, with up to 952,380 shares potentially earned under the PSUs.
The RSUs vest in three equal annual installments beginning March 5, 2027, contingent on continued service. The PSUs cover a performance period from January 1, 2026 through December 31, 2028, with half vesting based on total shareholder return versus a peer group and half on annual cash return on capital employed meeting specified hurdles.
The awards were unanimously approved by the Board, including all independent directors, as an inducement material to Mr. Johl entering employment, under Section 711 of the NYSE American Company Guide. They were granted outside Ring Energy’s 2021 Omnibus Incentive Plan but follow substantially similar terms and conditions.
Ring Energy reported fourth-quarter and full-year 2025 results, year-end proved reserves and 2026 guidance. For 2025 it produced 20,253 Boe/d with 65% oil, generated revenues of $307.2 million, recorded a net loss of $34.7 million driven by $108.8 million of non-cash ceiling test impairments, but delivered Adjusted Net Income of $38.4 million and record Adjusted Free Cash Flow of $50.1 million.
The company cut capital expenditures 35% to $98.2 million, lowered LOE to $10.73 per Boe, paid down $40.0 million of debt after the Lime Rock acquisition, and ended 2025 with $165.9 million of liquidity and $420.0 million drawn on a $585.0 million borrowing base. Year-end 2025 SEC proved reserves rose 14% to 153.3 MMBoe with PV-10 of $1,318.2 million.
For 2026, Ring targets essentially flat sales with a midpoint of 20,150 Boe/d and 12,950 Bo/d, a disciplined capital program with midpoint spending of $115 million, LOE guidance midpoint of $10.65 per Boe, and plans to drill and bring online 23–32 wells while continuing debt reduction. The company also highlighted significant oil and gas hedges for 2026 that cover about 48% of midpoint oil volumes and 66% of midpoint natural gas volumes at downside protection prices of $65.21 per barrel and $3.79 per MMBtu, respectively.
Ring Energy, Inc. announced a leadership change in its finance organization. Effective March 1, 2026, the Board appointed Rocky Kwon as Chief Accounting Officer and principal accounting officer, in addition to his existing roles as Vice President and Principal Financial Officer.
Kwon previously served as Interim Chief Financial Officer until February 27, 2026, when Sundip “Sonu” S. Johl, as previously announced, began his role as Executive Vice President and Chief Financial Officer. The filing notes Kwon’s prior experience at the company and at Earthstone Energy, Inc., his accounting degree from the University of Texas at San Antonio, and confirms there are no family relationships, appointment arrangements, or related-party transactions requiring disclosure.
Ring Energy appointed Sundip “Sonu” S. Johl as Executive Vice President, Chief Financial Officer and Treasurer, effective February 27, 2026. He brings more than 20 years of upstream oil and gas investment banking and corporate finance experience from Raymond James, UBS and Citi.
Under a January 29, 2026 offer letter, he will receive a $425,000 base salary, an annual bonus opportunity targeting 75% of salary (pro‑rated for 2026), and a long-term incentive plan target of about $1.0 million beginning in 2027. As a material inducement to join, he will receive restricted stock units valued at about $400,000 that vest in three annual installments and performance stock units with a target value of about $600,000 that vest only after a three‑year performance period if specified performance thresholds and service requirements are met. He is designated a Tier 2 Officer under the company’s Change in Control and Severance Benefit Plan.
Ring Energy, Inc. furnished a current report to share that it issued a press release updating investors on the reaffirmation of its borrowing base. The company attached this press release as Exhibit 99.1, making the full text available through the SEC filing.
The company noted that the information in the furnished materials, including Exhibit 99.1, is provided under Regulation FD and is not deemed "filed" for purposes of Section 18 of the Exchange Act or incorporated by reference into other securities filings unless specifically referenced.
Ring Energy, Inc. filed an 8-K announcing it furnished two items: a press release with financial and operating results for the third quarter ended September 30, 2025, and an investor presentation.
The press release is dated November 6, 2025 and is included as Exhibit 99.1. The investor presentation was posted to the company’s website on November 7, 2025 and is furnished as Exhibit 99.2. The company notes these materials are furnished, not deemed “filed” under Section 18 of the Exchange Act, and are not incorporated by reference except as specifically stated.
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.
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.