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Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company's proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was incorporated in 2004 and is headquartered in The Woodlands, Texas.
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THE WOODLANDS, Texas, June 24, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced management team changes, including the pending departur...
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Ring Energy, Inc. reported Q1 2024 sales volumes above expectations. It did not change its full-year guidance, but I am assuming it will do better than the guidance midpoint. Despite this, Ring's 2024...
These three businesses provide investment opportunities based on shared operational and strategic capabilities. The first one showed good performance, selling over 13,000 barrels of oil daily, above t...
Ring Energy, Inc. management is working towards achieving an appropriate debt ratio which would revalue the stock considerably higher. The company has reported significant financial and operating impr...
