Welcome to our dedicated page for RING ENERGY SEC filings (Ticker: REI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Ring Energy Inc.'s SEC filings document formal disclosures for a Permian Basin oil and natural gas exploration and production issuer. Recent 8-K reports furnish quarterly and annual operating results, Regulation FD presentation materials, borrowing-base updates under the senior revolving credit facility and material officer appointments.
The company's proxy materials cover annual-meeting governance, shareholder voting matters, executive compensation, equity awards and pay-versus-performance disclosures. Other current reports describe compensatory arrangements, inducement restricted stock unit and performance stock unit awards, principal financial and accounting officer designations and related governance changes.
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. 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, Inc. is asking stockholders to vote at its 2026 Annual Meeting on May 21, 2026, on electing seven directors, approving executive pay on an advisory basis, and ratifying Grant Thornton LLP as auditor. Stockholders of record at the close of business on April 2, 2026, are entitled to vote and may do so by mail, phone, internet, or in person.
The proxy also highlights 2025 performance. Average sales volumes reached 20,253 Boe per day, up 3%, with oil production essentially flat at 13,263 barrels per day. Despite an 18% decline in realized pricing and a non-cash ceiling test impairment that produced a net loss of $34.7 million, Ring generated Adjusted Net Income of $38.4 million and record Adjusted Free Cash Flow of $50.1 million, marking a 25th consecutive positive cash-flow quarter.
Lifting costs averaged $10.73 per Boe, below guidance. The company reduced capital spending by 35%, paid down $40 million of borrowings after the Lime Rock acquisition, reaffirmed a $585 million borrowing base, and ended 2025 with about $166 million of liquidity and a leverage ratio of 2.20x. Proved reserves grew 14% year over year to 153.3 MMBoe with a PV-10 of $1.3 billion, and proved developed reserves were 103.8 MMBoe with a PV-10 of $1.0 billion.
Ring Energy Inc: The Vanguard Group filed Amendment No. 1 to its Schedule 13G/A reporting beneficial ownership of 0 shares of Common Stock, representing 0% of the class after an internal realignment on Jan 12, 2026. The filing lists The Vanguard Group's address as 100 Vanguard Blvd., Malvern, PA and is signed by Ashley Grim on 03/27/2026.
Johl Sundip Singh reported acquisition or exercise transactions in this Form 4 filing.
RING ENERGY, INC. executive vice president and chief financial officer Sundip Singh Johl reported an equity compensation grant in the form of restricted stock units covering 317,460 shares of common stock. The award was recorded at a per-share price of $0.0000, consistent with a no-cash, compensatory grant.
The restricted stock unit inducement award vests in equal annual installments over three years, with the first vesting date on March 5, 2027, subject to the terms of the award agreement. Each unit represents the contingent right to receive one share of Ring Energy common stock as it vests.
RING ENERGY, INC. executive Johl Sundip Singh, the company’s EVP and Chief Financial Officer, has filed an initial Form 3 to report his beneficial ownership of Ring Energy securities. This filing is a baseline disclosure and does not list any stock purchases, sales, or other transactions.
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. reports its full-year 2025 operational performance and business risks as a Permian Basin-focused oil and gas producer. The company closed the Lime Rock Acquisition and achieved record average production of 20,253 Boepd, with 65% oil.
As of December 31, 2025, Ring held 111,714 gross (96,234 net) acres, interests in 919 gross (758 net) producing wells, and proved reserves of 153.3 MMBoe, 59% oil and 68% proved developed. The revolving credit facility borrowing base remained at $585 million.
Management highlights lower lifting costs of $10.73 per Boe and a 14% year-over-year increase in total proved reserves, but also discloses a non-cash full cost ceiling write-down of $108.8 million. Extensive sections outline regulatory, environmental, commodity price, operational, and financing risks facing the business.