{"schema_version":"secwatch.filing_event.v1","accession":"0001384195-26-000075","form_type":"8-K","ticker":"REI","cik":"0001384195","company_name":"RING ENERGY, INC.","filed_at":"2026-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.218064+00:00","generated_at":"2026-05-14T21:31:14.172435+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ring Energy posts Q1 net loss of $220.6M on $162M impairment; adj. net income $7.4M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001384195-26-000075","json":"https://secwatch.observer/filing/0001384195-26-000075.json","markdown":"https://secwatch.observer/filing/0001384195-26-000075.md","text":"https://secwatch.observer/filing/0001384195-26-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1384195/000138419526000075/0001384195-26-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1384195/000138419526000075/rei-20260506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:31:14.172435+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6e35c7390f5b6297b9dcefbd477cabda685f5127","claim":"RING ENERGY, INC. reported the first quarter ended March 31, 2026 results: net income net loss of $220.6 million, or $(1.06) per diluted share, EPS $(1.06) per diluted share.","evidence_excerpt":"barrels of oil per day (“Bo/d”) and 19,351 barrels of oil equivalent per day (“Boe/d”) both of which were essentially at the mid-point of guidance; • Reported a net loss of $220.6 million, or $(1.06) per diluted share, driven primarily by a $162.1 million non-cash ceiling test impairment and a $77.0 million unrealized mark-to-market derivative loss related to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1384195/000138419526000075/0001384195-26-000075-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Net income","value":"net loss of $220.6 million, or $(1.06) per diluted share"},{"label":"EPS","value":"$(1.06) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"217d384b65","claim":"Sundip \"Sonu\" S. Johl was appointed as Principal Financial Officer at RING ENERGY, INC..","evidence_excerpt":"On May 4, 2026, the Board of Directors (the “Board”) of the Company appointed Sundip “Sonu” S. Johl as Principal Financial Officer of the Company in addition to his current positions as Executive Vice President, Chief Financial Officer and Treasurer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1384195/000138419526000075/0001384195-26-000075-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Principal Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}