Alliance Global Partners resumed coverage of Ring Energy with a rating of Buy
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/1/2022 | $4.90 → $7.50 | Buy → Neutral | ROTH Capital |
| 10/14/2021 | $4.75 | Neutral → Buy | ROTH Capital |
THE WOODLANDS, Texas, March 05, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for the fourth quarter and full year 2024, year-end 2024 proved reserves and provided 2025 operational and financial guidance. Fourth Quarter 2024 Highlights Recorded net income of $5.7 million, or $0.03 per diluted share;Reported Adjusted Net Income1 of $12.3 million, or $0.06 per diluted share;Sold 19,658 barrels of oil equivalent per day ("Boe/d"), exceeding midpoint of guidance and 12,916 barrels of oil per day ("Bo/d");Held all-in cash operating
~ Capturing Synergies and Expanding Central Basin Platform Operations ~ ~ Announces Timing of Q4 and FY 2024 Earnings Release and Conference Call ~ THE WOODLANDS, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced it has entered into an agreement to acquire the Central Basin Platform ("CBP") assets of Lime Rock Resources IV, LP ("Lime Rock") for $100 million, subject to customary closing adjustments. The purchase price is comprised of $80 million of upfront cash consideration, a $10 million deferred cash payment due nine months after closing, and up to 7.4 million shares of Ring common stock. The transactio
~ Q3 2024 Highlighted by Record Sales, Strategic Divestiture and Meaningful Debt Reduction ~ THE WOODLANDS, Texas, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today reported operational and financial results for third quarter 2024 and provided an outlook for the fourth quarter and updated guidance for the full year. Third Quarter 2024 Highlights Produced record sales of 20,108 barrels of oil equivalent per day ("Boe/d") (66% oil) exceeding the high end of guidance;Oil sales were 13,204 Bo/d which were within guidance;Reported net income of $33.9 million, or $0.17 per diluted share, and Adjusted Net Income1 of $13.4 million, or $0.07 per dilut
4 - RING ENERGY, INC. (0001384195) (Issuer)
4 - RING ENERGY, INC. (0001384195) (Issuer)
4 - RING ENERGY, INC. (0001384195) (Issuer)
5 - RING ENERGY, INC. (0001384195) (Issuer)
4 - RING ENERGY, INC. (0001384195) (Issuer)
4 - RING ENERGY, INC. (0001384195) (Issuer)
DEF 14A - RING ENERGY, INC. (0001384195) (Filer)
8-K - RING ENERGY, INC. (0001384195) (Filer)
8-K - RING ENERGY, INC. (0001384195) (Filer)
ROTH Capital downgraded Ring Energy from Buy to Neutral and set a new price target of $7.50 from $4.90 previously
ROTH Capital upgraded Ring Energy from Neutral to Buy and set a new price target of $4.75
Alliance Global Partners resumed coverage of Ring Energy with a rating of Buy
SC 13G - RING ENERGY, INC. (0001384195) (Subject)
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SC 13D/A - RING ENERGY, INC. (0001384195) (Subject)
THE WOODLANDS, Texas, April 11, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today provided an update concerning its Board of Directors (the "Board"), including the retirement of Ms. Regina Roesener effective April 14, 2025 and the appointment of Ms. Carla Tharp to the Board effective April 14, 2025 who will serve as an independent Director. Mr. Paul D. McKinney, Chairman of the Board and Chief Executive Officer, commented, "It has been a pleasure to work closely with Regina as a fellow Director. She joined our Board in 2019 and her financial markets and board governance experience was greatly valued. On behalf of the entire Board, I want to thank Regi
HOUSTON, Dec. 2, 2020 /PRNewswire/ -- American Resources, Inc., and SK Energy LLC, the investment vehicle of Dr. Simon Kukes, one of the largest shareholders of Ring Energy, Inc. (NYSE: REI), announced today that they are very concerned with certain actions of the Board of Directors of Ring Energy. As a result of those concerns, SK Energy and American Resources urge all shareholders to withhold votes on all members of Ring Energy's Board of Directors in the upcoming election. The Ring Energy Board of Directors appears to have made a mistake by offering employment to a CEO whose previous performance in similar roles does not instill confidence in his ability to make Ring Energy successful
THE WOODLANDS, Texas, April 11, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today provided an update concerning its Board of Directors (the "Board"), including the retirement of Ms. Regina Roesener effective April 14, 2025 and the appointment of Ms. Carla Tharp to the Board effective April 14, 2025 who will serve as an independent Director. Mr. Paul D. McKinney, Chairman of the Board and Chief Executive Officer, commented, "It has been a pleasure to work closely with Regina as a fellow Director. She joined our Board in 2019 and her financial markets and board governance experience was greatly valued. On behalf of the entire Board, I want to thank Regi
THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") announced that it has completed its previously-announced acquisition (the "Transaction") of the Central Basin Platform ("CBP") assets of Lime Rock Resources IV, LP ("Lime Rock") on March 31, 2025. Lime Rock's CBP operations are located in the Permian Basin in Andrews County, Texas, and are focused on the development of approximately 17,700 net acres where the majority are similar to Ring's existing CBP assets in the Shafter Lake area, and the remaining acreage exposes the Company to new active plays. KEY HIGHLIGHTS HIGHLY ACCRETIVE: 2,300 barrels of oil equivalent per day ("Boe
THE WOODLANDS, Texas, March 27, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE:REI) ("Ring" or the "Company") today announced its participation in a fireside chat with Water Tower Research ("WTR") on Tuesday, April 1, 2025 at 10:00 AM Central Time. As part of WTR's ongoing Fireside Chat Series, Jeff Robertson, Managing Director at WTR, will lead an in-depth conversation with Paul McKinney, Ring's Chairman and Chief Executive Officer. Included in the discussion will be a variety of important topics including the recently announced $100-million acquisition of producing assets on the Central Basin Platform of the Permian Basin and the impact the transaction has on Ring's outlook for 2025 a