earnings
confidence high
sentiment neutral
materiality 0.70
Ring Energy Q3 net loss $51.6M on $72.9M impairment; adj net income $13.1M
RING ENERGY, INC.
2025-Q3 EPS reported
-$0.11
revenue$240,295,302
- 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.