---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-027533"
form_type: "8-K"
ticker: "REI"
cik: "0001384195"
company_name: "RING ENERGY, INC."
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:48:45.800962+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ring Energy Q2 net income $28.8M; sales 17,271 Boe/d; reaffirms H2 guidance pending $75M Founders acquisition

## Summary
- Net income $28.8M ($0.15 diluted EPS); Adjusted Net Income $28.0M ($0.14).
- Sales volumes 17,271 Boe/d (69% oil), down from 18,292 Boe/d in Q1.
- Adjusted EBITDA $53.5M; Adjusted Free Cash Flow $12.6M, up 20% sequentially.
- Paid down $25M debt; liquidity $204M; leverage ratio 1.64x.
- Reiterated Q3 and Q4 2023 guidance pending close of $75M Founders acquisition.

## SEC filing metadata
- accession: 0001628280-23-027533
- form_type: 8-K
- ticker: REI
- cik: 0001384195
- company_name: RING ENERGY, INC.
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1384195/000162828023027533/0001628280-23-027533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1384195/000162828023027533/rei-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-027533
- JSON: https://secwatch.observer/filing/0001628280-23-027533.json
- Plain text: https://secwatch.observer/filing/0001628280-23-027533.txt

## Key facts
- Earnings Releases
  RING ENERGY, INC. reported second quarter of 2023 results: net income net income of $28.8 million, EPS $0.15 per diluted share. Guidance reaffirmed.
  - Period: second quarter of 2023
  - Net income: net income of $28.8 million
  - EPS: $0.15 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: On August 3, 2023, Ring Energy, Inc. (the “Company”) issued a press release announcing its financial and operating results for the second quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1384195/000162828023027533/0001628280-23-027533-index.htm

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