{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-007519","form_type":"8-K","ticker":"REI","cik":"0001384195","company_name":"RING ENERGY, INC.","filed_at":"2023-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.706627+00:00","generated_at":"2026-06-18T05:19:28.561129+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Ring Energy Q4 2022 net income $14.5M; full-year records; guides 2023 volumes up 40%","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"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-007519","json":"https://secwatch.observer/filing/0001628280-23-007519.json","markdown":"https://secwatch.observer/filing/0001628280-23-007519.md","text":"https://secwatch.observer/filing/0001628280-23-007519.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1384195/000162828023007519/0001628280-23-007519-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1384195/000162828023007519/rei-20230309.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T05:19:28.561129+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":"01070c195dcca8b9444ea342f3709ca8a6217e4f","claim":"RING ENERGY, INC. updated its fourth quarter and full year 2022 guidance (reaffirmed).","evidence_excerpt":"On March 9, 2023, Ring Energy, Inc. (the “Company”) issued a press release announcing its financial and operating results for the fourth quarter and year ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1384195/000162828023007519/0001628280-23-007519-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year 2022"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}