{"filings":[{"id":2107076,"accession_number":"0001384195-26-000083","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2026-08-06T20:38:13+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Q2 net income $64.8M; cuts debt $66M; issues 2027 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $64.8M ($0.27 diluted EPS); adjusted net income $24.0M ($0.10 diluted EPS).","Revenue $104.7M, up 42% QoQ; production 19,990 Boe/d (12,683 bopd).","Reduced borrowings by $66M; liquidity $226.1M; Adjusted EBITDA $54.5M, up 42% QoQ.","H2 2026 oil production guidance 13,000-13,950 bopd; LOE $10.00-$10.60/boe.","Initial 2027 guidance: production growth ~10%, capex ~10% lower, LOE ~1% lower."],"consensus_eps_estimate":0.0774,"consensus_eps_actual":-0.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":178353153.0,"consensus_period":"2026-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":611716,"accession_number":"0001628280-26-037797","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2026-05-22T21:11:08+00:00","items":["5.07"],"status":"ready","headline":"Ring Energy stockholders elect 7 directors, approve executive pay, ratify auditor at 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Meeting held May 21, 2026; 69.3% of shares represented (145,045,941 of 209,395,110 outstanding).","Seven director nominees elected; each received over 60M votes for (broker non-votes ~62.5M).","Advisory vote on named executive officer compensation approved: 61.1M for, 17.9M against, 3.5M abstain.","Ratification of Grant Thornton LLP as independent auditor for FY2026 passed: 136.5M for, 5.0M against, 3.6M abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":445118,"accession_number":"0001628280-26-035219","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2026-05-14T21:22:22+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ring Energy launches underwritten offering of 44.4M shares; underwriters have 30-day option for 6.7M additional","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered underwriting agreement with Mizuho, BofA, Raymond James for 44,444,445 share offering.","Underwriters granted 30-day option to purchase up to 6,666,666 additional shares.","Offering made under shelf registration statement S-3 filed Dec 2024; final prospectus supplement filed May 12, 2026.","Underwriting agreement contains customary representations, warranties, and indemnification provisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92543,"accession_number":"0001384195-26-000075","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Ring Energy posts Q1 net loss of $220.6M on $162M impairment; adj. net income $7.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $220.6M ($1.06/diluted share) from $162.1M ceiling test impairment and $77M derivative loss.","Adjusted net income $7.4M ($0.04/sh); Adjusted EBITDA $38.3M.","Production 19,351 Boe/d at guidance midpoint; LOE $10.41/Boe beat low end.","Capex $34.5M; borrowings up $6M to $160M liquidity; paused debt reduction for opportunistic investments.","Sundip Johl appointed Principal Financial Officer (adds to CFO role); Rocky Kwon remains CAO."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":73671664.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103453,"accession_number":"0001384195-26-000057","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2026-03-06T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Ring Energy grants inducement awards of 317K RSUs and 476K PSUs to CFO Sonu Johl","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["317,460 RSUs granted to CFO Sonu Johl, vesting in three equal annual installments starting March 2027.","476,190 PSUs (up to 952,380 shares) with 2026-2028 performance period; vesting 50% on TSR vs peer group and 50% on cash return on capital.","Inducement awards approved by Board as material inducement for Johl's employment, granted outside 2021 Omnibus Incentive Plan but with similar terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103452,"accession_number":"0001384195-26-000053","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2026-03-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Reports Q4 & FY 2025 Results, Year-End Reserves, and 2026 Guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Sold 13,124 Bo/d oil and 20,508 Boe/d in Q4 2025; FY 2025 average sales volume record 20,253 Boe/d (3% YoY increase)","Reported Q4 net loss $12.8M (incl. $35.9M impairment); FY net loss $34.7M (incl. $108.8M impairment); Adjusted Net Income $38.4M","Generated record Adjusted Free Cash Flow of $50.1M in FY 2025; reduced debt $40M since Lime Rock acquisition","Proved reserves increased 14% to 153.3 MMBoe; replaced 169% of 2025 production organically","2026 guidance: production midpoint 20,150 Boe/d, capital spending $115M, ~28 wells drilled/completed"],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103451,"accession_number":"0001384195-26-000046","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2026-03-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Ring Energy appoints Rocky Kwon as Chief Accounting Officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Rocky Kwon appointed CAO and principal accounting officer effective March 1, 2026.","Kwon is also VP of Accounting and Assistant Treasurer, roles held since March 2025.","He served as Interim CFO from Sept 2025; Sundip Johl became EVP and CFO on Feb 27, 2026.","Kwon joined Ring in July 2021 as Controller; prior role was Assistant Controller at Earthstone Energy.","No family relationships or reportable transactions with Ring's directors or officers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103450,"accession_number":"0001384195-26-000004","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2026-02-03T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Ring Energy appoints Sonu Johl as CFO effective Feb 27, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sundip 'Sonu' S. Johl named EVP, CFO and Treasurer, effective February 27, 2026.","Johl brings 20+ years experience, most recently Managing Director at Raymond James.","Base salary of $425,000; target annual bonus of 75% of base; LTIP target ~$1M starting 2027.","Receives inducement RSUs worth ~$400k (3-yr vest) and PSUs target ~$600k (3-yr performance period).","Eligible as Tier 2 Officer under company's Change in Control and Severance Benefit Plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119706,"accession_number":"0001384195-25-000024","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-12-16T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ring Energy borrowing base reaffirmed at $585M under $1B credit facility","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Borrowing base reaffirmed at $585 million under the $1.0 billion senior revolving credit facility.","No changes to credit facility terms; next scheduled redetermination in spring 2026.","CEO Paul McKinney cites focus on strengthening balance sheet, managing costs, and maintaining production.","The reaffirmation provides continued liquidity assurance for operations through 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119705,"accession_number":"0001384195-25-000022","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-11-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Q3 net loss $51.6M on $72.9M impairment; adj net income $13.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $51.6M (diluted loss $0.25) includes $72.9M non-cash impairment; adjusted net income $13.1M ($0.06/share).","Production 20,789 Boe/d (oil 13,332 Bo/d), near guidance; revenue $78.6M, down 12% YoY.","Adjusted EBITDA $47.7M; LOE $10.73/Boe, 2% below low end of guidance.","Capex $24.6M; generated $13.9M adjusted FCF; paid down $20M debt, exceeding earlier guidance.","Reaffirms 36% YOY capex reduction with ~2% production growth; prioritizes further debt reduction."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":240295302.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119704,"accession_number":"0001384195-25-000015","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K/A","filed_at":"2025-10-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Ring Energy enters CFO severance agreement; $1.02M cash payment, equity acceleration","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Former CFO Travis Thomas receives $1,021,688 cash severance, COBRA reimbursement for 18 months.","All outstanding equity awards (844,914 shares across 9 grants) fully vest as of agreement effective date.","Severance conditioned on general release of claims, confidentiality, non-disparagement, and cooperation covenants.","Thomas resigned September 12, 2025; agreement signed October 2, 2025; payment within 10 business days after effective date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136280,"accession_number":"0001384195-25-000005","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-09-15T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"CFO Travis Thomas resigns effective immediately; Rocky Kwon named interim CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Travis Thomas resigned as CFO on Sept 12, 2025; no disagreement with company.","Rocky Kwon, VP of Accounting and Controller since 2021, appointed Interim CFO.","Kwon is a CPA and CGMA, previously held roles at Earthstone Energy and AES.","CEO McKinney expressed confidence in Kwon and reaffirmed debt reduction focus."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136279,"accession_number":"0001628280-25-041418","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-09-02T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ring sets Q3 2025 debt reduction target of ~$18M; Warburg Pincus exits position","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Debt reduction target ~$18M for Q3 2025; expects ~$430M borrowings at Sep 30 vs $448M at Jun 30 2025.","Warburg Pincus has exited its full common equity position in Ring Energy.","Company adjusted capital spending in response to oil price drop to focus on free cash flow and debt paydown."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136278,"accession_number":"0001628280-25-038975","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy posts record Q2 oil sales 14,511 Bo/d; record free cash flow $24.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record oil sales 14,511 Bo/d and total 21,295 Boe/d; net income $20.6M ($0.10 diluted EPS).","Adjusted EBITDA $51.5M; record Adjusted Free Cash Flow $24.8M, up 328% from Q1.","Capex $16.8M (-48% QoQ); paid down $12M debt; liquidity $137M at June 30, 2025.","LOE $10.45/Boe, below guidance; lowered LOE/Boe guidance by $0.50 for H2 2025.","New credit facility with $585M borrowing base, extended maturity to June 2029."],"consensus_eps_estimate":null,"consensus_eps_actual":0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":161693966.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153387,"accession_number":"0001628280-25-032605","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-06-23T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Ring Energy extends credit facility to June 2029, borrowing base affirmed at $585M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowing base set at $585M under $1.0B senior secured credit facility (down from $600M).","Maturity extended 34 months to June 2029; Bank of America named new Administrative Agent.","Applicable margin pricing grid reduced by 25 basis points; Citibank added to syndicate.","CEO notes focus on using free cash flow to reduce debt and acquire high-margin assets.","Next scheduled redetermination in fall 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153380,"accession_number":"0001628280-25-029653","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K/A","filed_at":"2025-06-05T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Ring Energy files audited 2024 Lime Rock property financials; pro forma net income $77.7M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Lime Rock properties generated $54.6M revenue and $31.6M excess of revenues over direct operating expenses for 2024.","Purchase price ~$85.4M: $78.6M cash (incl. $10M deferred) + 6.45M shares of Ring common stock.","Pro forma 2024 combined net income of $77.7M ($0.38 diluted EPS) vs Ring standalone $67.5M ($0.34).","Pro forma adjustments include additional DD&A $12.0M, ARO accretion $0.2M, and interest expense $6.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153386,"accession_number":"0001628280-25-027315","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-05-22T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Ring Energy shareholders approve 11.5M share increase in equity plan; all directors re-elected","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders elected all seven director nominees; votes ranged from 103.3M to 106.7M for each.","Non-binding advisory vote on executive compensation passed with 87.2M for, 22.8M against.","Amendment to 2021 Omnibus Incentive Plan approved, adding 11.5M shares to the reserve (78.5M for, 32.4M against).","Ratification of Grant Thornton LLP as auditor for FY2025 passed with 153.8M for, 7.0M against.","Meeting turnout: 161.7M shares (78.3%) of 206.5M outstanding shares represented."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153385,"accession_number":"0001628280-25-024264","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-05-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Q1 net income $9.1M, beats guidance; cuts full-year capex 36%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Oil sales of 12,074 Bo/d exceeded high end of guidance; total volumes 18,392 Boe/d above midpoint.","Adjusted EBITDA $46.4M; net income $9.1M ($0.05 diluted EPS); Adjusted Net Income $10.7M.","Closed highly-accretive Central Basin Platform acquisition from Lime Rock on March 31, 2025.","Full-year 2025 capex reduced 36% vs original plan; 2H 2025 spending cut over 47%.","Sales volume guidance reduced only 5%; company expects 2% YoY growth in total volumes."],"consensus_eps_estimate":null,"consensus_eps_actual":0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":79091207.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153384,"accession_number":"0001628280-25-021159","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ring Energy cuts Q2 2025 capex guidance by >50% to $18M, reaffirms volumes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Capital spending midpoint reduced over 50% to $18M for Q2 2025.","Reaffirms oil sales volume midpoint of 14,200 Bo/d; total 21,500 Boe/d.","Reaffirms LOE midpoint of $12.00 per Boe for Q2 2025.","CEO cites lower oil prices, emphasizes debt reduction over drilling.","Updated full-year guidance to be provided with Q1 results in early May."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153383,"accession_number":"0001628280-25-018673","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-04-21T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ring Energy reports Q1 oil sales >12,000 Bo/d, exceeds guidance, completes Lime Rock acquisition","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Oil sales >12,000 Bo/d exceeded high end of guidance; total >18,300 Boe/d above midpoint.","Completed CBP acquisition from Lime Rock on 3/31; initial synergies reduced LOE >5%.","First two weeks of CBP operations averaged >2,500 Boe/d, exceeding expectations by >200 Boe/d.","7 wells (4 horizontal, 3 vertical) came online, all exceeding pre-drill estimates.","Over 6,300 bbl/day hedged at weighted average floor of $64.44/bbl for remainder of 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153382,"accession_number":"0001628280-25-017424","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-04-11T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Ring Energy board: Roesener retires, Tharp appointed director","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Regina Roesener retiring from board effective April 14, 2025; no dispute or disagreement with company.","Carla Tharp appointed independent director effective April 14, 2025, expected to serve on Audit and NESG committees.","Tharp is CEO of Apoyar Energy, former VP at APA Corp, with background in M&A and corporate development.","No family relationships or material transactions between Tharp and the company; compensation per non-employee director plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153381,"accession_number":"0001628280-25-016778","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-04-04T23:59:59+00:00","items":["1.01","2.01","3.02","7.01","9.01"],"status":"ready","headline":"Ring Energy closes Lime Rock Permian acquisition for $68.6M cash, $10M deferred, and 6.45M shares","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired ~17,700 net acres (100% HBP) and ~2,300 Boe/d (>80% oil) production from 101 gross wells in Andrews County, TX.","Total consideration: ~$68.6M cash at closing (net of $5M deposit), $10M deferred cash due Dec 31, 2025, and 6.45M shares of common stock.","Acquisition expected to generate $34M 2025E Adjusted EBITDA, valued at <85% of proved developed PV-10; accretive to key per-share metrics.","Adds >40 gross drilling locations with superior economics; assets mostly contiguous to existing Shafter Lake CBP footprint.","Funded with cash on hand and borrowings under senior credit facility; registration rights agreement filed for shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172144,"accession_number":"0001628280-25-011294","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-03-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy reports Q4 net income $5.7M, record 2024 sales 19,648 Boe/d; 2025 guidance 21,000 Boe/d","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $5.7M ($0.03 diluted); adjusted net income $12.3M ($0.06 diluted).","Full-year record avg sales 19,648 Boe/d (+8% YoY); oil sales 13,283 Bo/d (+6%).","Adjusted EBITDA $233.3M despite 7% lower realized prices; debt reduced $40M in 2024.","2025 annual sales midpoint 21,000 Boe/d, capital ~$154M; includes Lime Rock acquisition expected Q1 close.","Year-end proved reserves 134.2 MMBoe, organically grown 3%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172143,"accession_number":"0001628280-25-009049","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-02-28T23:59:59+00:00","items":["1.01","3.02","7.01","9.01"],"status":"ready","headline":"Ring Energy to acquire Lime Rock CBP assets for $100M; deal accretive","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price: $80M cash at close, $10M deferred cash, ~7.4M shares (value ~$10M).","Assets: ~17,700 net acres, 2,300 boe/d (>80% oil), $120M PD PV-10, >40 drilling locations.","Expected close by end of Q1 2025; funded with cash on hand and existing credit facility.","Management expects synergy capture similar to prior Founders acquisition; accelerates debt reduction.","Q4 FY2024 earnings release on March 5, 2025; conference call on March 6, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172142,"accession_number":"0001628280-25-000750","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2025-01-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ring Energy issues 2024 Sustainability Report; Scope 1 GHG emissions down 59% YoY","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Fourth consecutive annual report; details ESG initiatives and benefits from acquisitions and asset sales.","Scope 1 GHG emissions fell 59% in 2023 versus 2022, driven by reduced flaring and casing gas venting.","Report aligned with SASB, GRI, and TCFD frameworks; available on company website under Sustainability tab.","Highlights capital investments in technologies to lower environmental footprint and community partnerships."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189111,"accession_number":"0001628280-24-049942","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-12-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ring Energy names James J. Parr as EVP of Exploration and Geoscience","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James J. Parr appointed EVP, Exploration and Geosciences effective immediately.","Parr has over 30 years of upstream petroleum experience across global organizations.","CEO Paul McKinney cites Parr's track record of low-cost reserve additions and capital allocation.","Addition aims to enhance organic and inorganic growth to improve cash flow and balance sheet."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189110,"accession_number":"0001628280-24-046235","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Q3 net income $33.9M; record sales 20,108 Boe/d; debt reduced to $392M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record Q3 sales of 20,108 Boe/d (66% oil) exceeding high end of guidance; oil sales 13,204 Bo/d.","Net income $33.9M ($0.17 diluted); Adjusted Net Income $13.4M ($0.07 diluted); Adjusted EBITDA $54.0M.","Divested non-core vertical assets for $5.5M; reduced credit facility debt by $15M to $392M, liquidity $208M.","Capital expenditures $42.7M with 13 wells drilled, 11 completed; 20th consecutive cash-flow-positive quarter.","Full-year 2024 guidance updated to reflect divestiture; Q4 outlook includes testing new zones for organic inventory growth."],"consensus_eps_estimate":null,"consensus_eps_actual":0.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":282886868.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205600,"accession_number":"0001628280-24-035642","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Q2: record production, adj. EBITDA $66.4M, free cash flow $21.4M; guidance raised","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $22.4M ($0.11 diluted); adjusted net income $23.4M ($0.12).","Record total production 19,786 Boe/d (69% oil), up 4% from Q1.","Record adjusted EBITDA $66.4M, up 7% from Q1 and 24% YoY.","Record adjusted free cash flow $21.4M, debt reduced $15M; liquidity $194.1M.","Hired Phillip Feiner as VP, General Counsel."],"consensus_eps_estimate":null,"consensus_eps_actual":0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":193642485.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205599,"accession_number":"0001628280-24-031767","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-07-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ring Energy raises Q2 sales guidance above prior range; reduces debt $15M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New oil sales guidance: 13,500-13,700 Bopd vs prior 13,000-13,400 Bopd.","New Boepd guidance: 19,500-19,700 vs prior 18,500-19,100.","Reduced debt by $15M in Q2 2024; ended with $407M outstanding, $48M paydown since Founders Acquisition.","Borrowing base reaffirmed at $600M under $1.0B credit facility; $193M availability at quarter end."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205598,"accession_number":"0001628280-24-031110","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-07-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Ring Energy EVP Stephen Brooks retires, signs consulting deal through March 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stephen D. Brooks retired as EVP of Land, Legal, HR and Marketing effective July 1, 2024.","Consulting agreement pays $200/hour from July 2, 2024 to March 31, 2025, then month-to-month.","Unvested RSU awards scheduled to vest before March 31, 2025 will continue vesting during consulting term.","Agreement includes non-solicitation and non-interference covenants for one year after termination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222541,"accession_number":"0001628280-24-029606","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-06-24T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Ring Energy EVPs Brooks (retirement) and Baghdati (resign) depart; Shawn Young promoted to VP Ops","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stephen Brooks, EVP Land/Legal/HR/Marketing, retires effective July 1, 2024; expects to enter consulting agreement.","Marinos Baghdati, EVP Operations, resigns effective July 17, 2024 to pursue personal interests.","Shawn Young promoted from Production Engineering Manager to VP Operations effective July 17, 2024; over 33 years experience.","Active search underway for new executive to lead legal and HR functions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222540,"accession_number":"0001628280-24-025419","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-05-28T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Ring Energy annual meeting: all 7 director nominees elected; say-on-pay passes with 78% of votes cast","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All seven director nominees elected; John A. Crum received 89,962,068 votes for, 7,359,766 withheld.","Advisory vote on executive compensation approved: 78,393,932 for, 18,613,984 against, 313,918 abstentions.","Ratification of Grant Thornton LLP as independent auditor for FY 2024 approved: 138,400,429 for, 4,970,955 against.","143,561,216 shares represented at meeting, 72.5% of outstanding 197,934,202 shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222539,"accession_number":"0001628280-24-021232","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Q1 2024 crude sales top guidance; adj. net income $20.3M, FCF $15.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Crude sales 13,394 Bo/d (19,034 Boe/d), exceeding high-end guidance by 5% and 3%.","GAAP net income $5.5M ($0.03/diluted); adjusted net income $20.3M ($0.10/diluted), excluding $17.6M unrealized derivative loss.","LOE $10.60/Boe and capex $36.3M both below low-end guidance; Adjusted EBITDA $62.0M.","Generated $15.6M Adjusted Free Cash Flow, 18th consecutive positive quarter; paid down $3M on credit facility.","Provided Q2 2024 outlook and reiterated full-year 2024 guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":94503136.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222538,"accession_number":"0001628280-24-016951","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-04-19T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Two Ring Energy directors to retire at 2024 annual meeting, not stand for reelection","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Clayton E. Woodrum notified Board of retirement effective at 2024 Annual Meeting; continues as director until then.","Roy Ben-Dor also notified Board of retirement effective at Annual Meeting; decision not due to any dispute.","Neither departure resulted from any disagreement with the Company's operations, policies, or practices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242063,"accession_number":"0001628280-24-009990","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-03-08T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Q4 net income $50.9M, record sales 19,397 Boe/d, Adjusted EBITDA $65.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total sales volumes 19,397 Boe/d (record), up 11% QoQ; oil sales 13,637 Bo/d (record).","Q4 net income $50.9M ($0.26 diluted EPS), includes $32.5M unrealized derivative gain; adjusted net income $21.2M ($0.11).","Full year 2023 sales volumes 18,119 Boe/d (record, +47% YoY), net income $104.9M; Adjusted EBITDA $236.0M (+21% YoY).","Year-end proved reserves 129.8 MMBoe, PV-10 $1.6B; debt reduced $30M since Aug 2023 acquisition, leverage ratio 1.62x.","2024 guidance: disciplined capital spending, focus on organic growth, debt reduction, and accretive M&A."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242062,"accession_number":"0001628280-24-005338","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-02-16T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Ring Energy amends credit agreement to exclude acquisition spending from Free Cash Flow calculation","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Free Cash Flow definition amended: amounts used for acquisitions no longer subtracted from the calculation.","Amendment entered into on February 12, 2024, with Truist Bank as administrative agent and several lenders.","Effective immediately; no default or material adverse change condition required for implementation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242061,"accession_number":"0001628280-24-003065","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2024-02-02T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ring Energy Q4 2023 sales ~19,400 Boe/d near high end; debt down $3M; Q1 2024 guidance 18,000-18,500 Boe/d","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q4 2023 sales volumes ~19,400 Boe/d (70% oil), near high-end of guidance 18,900-19,500 Boe/d.","Reduced debt by $3.0M in Q4; made $11.9M final Founders acquisition payment; ended 2023 with $425M borrowings.","Q1 2024 guidance: avg sales 18,000-18,500 Boe/d (~69% oil); capex $37-42M for two-rig drilling program.","Winter weather deferred ~1,900 Boe/d for 10 days in early Q1; production now restored.","Plans to drill 4-5 horizontal and 4-6 vertical wells in Q1 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259461,"accession_number":"0001628280-23-042798","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-12-28T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ring Energy issues 2023 Sustainability Report detailing ESG progress","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Capital investment in industry-leading technologies to reduce emissions across operations.","Continued TARGET ZERO-365 program for health, safety and environmental excellence.","Expanded ESG reporting frameworks to include GRI global and oil & gas sector standards.","Introduced reporting of Greenhouse Gas (GHG) emissions intensity metrics.","CEO notes transformative 2022 Stronghold and 2023 Founders acquisitions support long-term sustainability."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259460,"accession_number":"0001628280-23-042700","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-12-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ring Energy reaffirms $600M borrowing base, pays final $11.9M for Founders acquisition, sells $1.5M non-core assets","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Borrowing base reaffirmed at $600M under $1.0B credit facility; no terms changed.","Final deferred payment of $11.9M made for Founders acquisition, $3.1M less than initial $15M due to purchase price adjustments.","Sold $1.5M of non-core assets in Gaines County, TX; proceeds used to reduce borrowings.","Next regularly scheduled bank redetermination expected spring 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259459,"accession_number":"0001628280-23-036710","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-11-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Q3 net loss $7.5M ($0.04/sh); adj. EBITDA record $58.6M, up 10% QoQ","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $7.5M ($0.04 diluted EPS) vs Q2 net income of $28.8M ($0.15); adjusted net income $26.3M ($0.13).","Record Adjusted EBITDA of $58.6M, up 10% from $53.5M in Q2; Adjusted Free Cash Flow of $6.1M.","Production averaged 17,509 Boe/d (69% oil); Q3 exit rate above 19,000 Boe/d; stepped-up drilling: 11 wells spud, 8 completed.","Closed Founders acquisition for $50M cash (Aug 15); sold non-core New Mexico assets for $4.5M (Sept 27); credit facility debt $428M, liquidity $171.4M, leverage 1.69x.","Updated Q4 2023 guidance; expect strong Q4 from full quarter of Founders and stepped-up Q3 capital program of $42.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":261113283.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259458,"accession_number":"0001628280-23-035295","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K/A","filed_at":"2023-10-26T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Ring Energy files Founders Oil & Gas financials: $59M revenue, $26.1M net income for FY2022","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Founders FY2022 net income $26.1M vs $7.3M in FY2021; revenue $59.0M vs $26.8M.","Founders total assets $92.2M at Sep 30, 2022; net PP&E $74.9M.","Founders FY2022 cash from operations $34.9M; development capex $27.8M.","Pro forma financials (unaudited) combined with Ring Energy for FY2022 and H1 2023.","Audited FY2022 and 2021 statements and interim 9-month 2023 statements provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276733,"accession_number":"0001628280-23-029835","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-08-17T23:59:59+00:00","items":["2.01","7.01","9.01"],"status":"ready","headline":"Ring Energy closes $65M acquisition of Founders Oil & Gas Permian Basin assets","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Total cash consideration ~$65M: $7.5M deposit, $42.5M at closing, $15M deferred due Dec 15, 2023.","Acquired ~3,600 net acres in Ector County, Texas, Central Basin Platform, similar to prior Stronghold assets.","Transaction funded with borrowings under Ring's senior revolving credit facility.","Immediately accretive to production, reserves, and adjusted free cash flow; accelerates debt reduction.","Adds low-risk, high-return drilling locations, increasing capital allocation flexibility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276732,"accession_number":"0001628280-23-027533","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-08-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Q2 net income $28.8M; sales 17,271 Boe/d; reaffirms H2 guidance pending $75M Founders acquisition","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $28.8M ($0.15 diluted EPS); Adjusted Net Income $28.0M ($0.14).","Sales volumes 17,271 Boe/d (69% oil), down from 18,292 Boe/d in Q1.","Adjusted EBITDA $53.5M; Adjusted Free Cash Flow $12.6M, up 20% sequentially.","Paid down $25M debt; liquidity $204M; leverage ratio 1.64x.","Reiterated Q3 and Q4 2023 guidance pending close of $75M Founders acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":167431485.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276731,"accession_number":"0001628280-23-024921","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-07-14T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Ring Energy acquires Founders Oil & Gas IV CBP assets for $75M cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Total cash consideration of $75M ($60M at closing + $15M deferred within four months).","Acquiring ~3,600 net acres in Permian Basin; Q2 production ~2,500 Boe/d (86% oil).","Proved SEC reserves of 9.2 MMBoe (80% oil); ~50 low-risk undeveloped drilling locations.","Expected to close Q3 2023; funded by cash on hand and borrowings under revolving credit facility.","Pro forma 2H 2023 capital spending guidance $67M-$77M; focus on debt reduction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276730,"accession_number":"0001628280-23-024739","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-07-11T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ring Energy reaffirms $600M borrowing base, reduces debt by $25M in Q2 2023","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowing base reaffirmed at $600M under $1B credit facility; no changes to terms, company in compliance with all covenants.","Net debt reduction of $25M in Q2 2023; borrowings outstanding at end of Q2: $397M (down from $422M at Q1 end).","Sold non-core Delaware Basin assets for $8.25M gross ($7.8M net); used to pay down debt; recent production ~240 Boe/d (85% oil).","Actively pursuing sale of New Mexico assets (~5,700 gross acres, ~300 Boe/d, 93% oil) to further strengthen balance sheet.","Targeting further debt reduction in H2 2023, dependent on hydrocarbon prices, capex timing, and market conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294536,"accession_number":"0001628280-23-019933","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-05-26T23:59:59+00:00","items":["5.02","5.07","5.03","9.01"],"status":"ready","headline":"Ring Energy shareholders approve doubling authorized shares to 450M and 6M share increase in incentive plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved increase in authorized common shares from 225M to 450M (116.6M for, 21.9M against).","Stockholders approved amendment to 2021 Omnibus Incentive Plan adding 6.0M shares (84.1M for, 25.2M against).","All nine director nominees were elected; votes ranged from 97.2M to 105.4M for each.","Advisory vote on executive compensation passed (81.3M for, 27.8M against).","Ratification of Grant Thornton as auditor for FY 2023 approved (134.2M for, 3.8M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294535,"accession_number":"0001628280-23-015798","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-05-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Q1 net income $32.7M, record sales 18,292 Boe/d, reiterates FY outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record Q1 sales volumes of 18,292 Boe/d (69% oil), at high end of 17,800-18,300 Boe/d guidance.","Net income $32.7M ($0.17 diluted), up from $14.5M in Q4 2022; Adjusted Net Income $25.0M ($0.14).","Record Adjusted EBITDA $58.6M, up 4% from Q4 2022; Free Cash Flow $10.5M, cash flow positive 14th consecutive quarter.","Reiterated full year 2023 sales volume guidance of 17,800-18,800 Boe/d; Q2 guidance 17,900-18,400 Boe/d.","Early exercise of 14.5M warrants at $0.62/share raised $9.0M; ~78,200 warrants remain."],"consensus_eps_estimate":null,"consensus_eps_actual":0.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":88082912.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294534,"accession_number":"0001628280-23-011809","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-04-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Ring Energy proposes increase in authorized common shares, releases investor presentation","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Company posted presentation discussing proposal to increase authorized shares of common stock.","Proposal to be voted on at 2023 annual meeting; preliminary proxy filed with SEC on April 11.","Presentation titled 'Simplifying and Enhancing the Capital Structure' focuses on value strategy.","No specific number of additional shares or dilution impact disclosed in the 8-K filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294533,"accession_number":"0001628280-23-011425","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-04-12T23:59:59+00:00","items":["1.01","3.03","7.01","9.01"],"status":"ready","headline":"Ring Energy reduces warrant exercise price to $0.62, receives $9.0M from exercise of 14.5M warrants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reduced exercise price of 14,512,166 warrants from $0.80 to $0.62 per share in exchange for immediate cash exercise.","Gross proceeds of $8,997,543 from warrant exercises; only 78,200 warrants remain outstanding post-exercise.","CEO states proceeds strengthen balance sheet, simplify capital structure, and should improve trading liquidity.","Warrants originally issued in 2020 registered direct offering; Truist Securities acted as exclusive advisor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":315127,"accession_number":"0001628280-23-007519","cik":1384195,"company_name":"RING ENERGY, INC.","ticker":"REI","form_type":"8-K","filed_at":"2023-03-10T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Ring Energy Q4 2022 net income $14.5M; full-year records; guides 2023 volumes up 40%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record Q4 sales volumes 17,856 Boe/d (+34% QoQ); full-year 12,364 Boe/d (+45% YoY)","Full-year net income $138.6M ($0.98 diluted) vs $3.3M in 2021; adjusted net income $107.5M ($0.89), up 251%","Adjusted EBITDA full-year $195.2M (+134%); Free Cash Flow $34.8M; paid down $37M debt since Stronghold close","Year-end proved reserves 138.1 MMBoe (+78%); PV-10 $2.8B (+108%); leverage ratio reduced to 1.6x from 3.5x","2023 guidance: Q1 volumes 17,800-18,300 Boe/d; full-year 17,800-18,800 Boe/d; expects >40% increase over 2022"],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":283749450.24418604,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-03-10T23:59:59+00:00|315127"}