---
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"
generated_at: "2026-05-14T21:31:14.172435+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ring Energy posts Q1 net loss of $220.6M on $162M impairment; adj. net income $7.4M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001384195-26-000075
- JSON: https://secwatch.observer/filing/0001384195-26-000075.json
- Plain text: https://secwatch.observer/filing/0001384195-26-000075.txt

## Key facts
- Earnings Releases
  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.
  - Period: the first quarter ended March 31, 2026
  - Net income: net loss of $220.6 million, or $(1.06) per diluted share
  - EPS: $(1.06) per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1384195/000138419526000075/0001384195-26-000075-index.htm
- Executive change
  Sundip "Sonu" S. Johl was appointed as Principal Financial Officer at RING ENERGY, INC..
  - Action: appointed
  - Role: Principal Financial Officer
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1384195/000138419526000075/0001384195-26-000075-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.