earnings
confidence high
sentiment neutral
materiality 0.80
Ring Energy Reports Q4 & FY 2025 Results, Year-End Reserves, and 2026 Guidance
RING ENERGY, INC.
- 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