REI
Ring Energy, Inc.0.8378
-0.0180-2.1%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
173.61MP/E (TTM)
-Basic EPS (TTM)
-0.08Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
CFO resigns; interim appointed
Ring Energy's CFO Travis T. Thomas resigned on September 12, 2025, effective immediately, to pursue other opportunities, with no disagreements on company matters; he will receive severance under the Change in Control and Severance Benefit Plan. Rocky Kwon, Vice President of Accounting since March 2025, steps in as Interim CFO during the successor search. This smooth transition bolsters Ring's debt reduction efforts. Leadership changes carry execution risks.
8-K
Ring targets $18M Q3 debt cut
Ring Energy targets $18 million in debt reduction for Q3 2025, aiming to cut credit facility borrowings to $430 million by September 30 from $448 million at June 30. This move counters earlier oil price drops by curbing capital spending to boost free cash flow and fortify the balance sheet. Warburg Pincus has fully exited its equity stake. Debt paydown underscores fiscal discipline amid volatility.
8-K
Record Q2 output, cash flow surge
Ring Energy hit record oil sales of 14,511 Bo/d in Q2 2025, boosting total production to 21,295 Boe/d amid lower prices, while slashing capex 48% to $16.8 million and LOE to $10.45/Boe—9% below guidance. This discipline generated record $24.8 million adjusted free cash flow, enabling $12 million debt paydown and $137 million liquidity, with a new $585 million credit facility to 2029. Yet volatility persists; hedges cover 55% of oil guidance at $64.87 average.
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