Ring Energy, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $388.0M
- Price
- $1.49
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.06%
- Volume
- 1.6M
About
Ring Energy, Inc. operates as an oil and natural gas exploration and production firm, concentrating its efforts on the acquisition, development, and extraction of these resources across Texas and New Mexico. By the close of 2021, specifically December 31st, the company had established proved reserves totaling roughly 77.8 million barrels of oil equivalent. Its asset portfolio includes significant acreage: 18,882 net developed acres alongside 1,406 net undeveloped acres in Texas's Andrews and Gaines counties; an additional 18,437 net developed acres situated in Culberson and Reeves counties, Texas; and a combined 13,662 net developed acres with 11,993 net undeveloped acres located across Yoakum, Runnels, and Coke Counties in Texas, as well as Lea County, New Mexico. The company's oil and natural gas output is primarily distributed to end-users, marketing firms, and other various buyers. Incorporated in 2004, Ring Energy, Inc. was initially known as Transglobal Mining Corp. until its name was officially changed in March 2008. The company's principal office is located in The Woodlands, Texas.
Quick stats
Shares outstanding260.5M
Computed float171.7M
Float / shares65.9%
Key info
SectorEnergy
IndustryOil & Gas Exploration & Production
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001384195
Websitehttps://www.ringenergy.com
AI Summary
AI-generated1/33
majorbullishearnings
Ring Energy Releases Second Quarter 2026 Results, Advances Development Program and Provides Initial 2027 Outlook
Ring Energy reported Q2 2026 revenue of $104.7 million, up 27% year-over-year, with Adjusted EBITDA increasing 42% sequentially to $54.5 million driven by higher realized commodity prices.
Operational performance remained strong with production averaging 19,990 Boe per day and lease operating expenses improving to $10.12 per Boe, near the low end of guidance.
The company raised its second-half 2026 production outlook to 13,000-13,950 Bopd and provided initial 2027 guidance targeting approximately 10% production growth alongside a 10% reduction in capital expenditures.