{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-036710","form_type":"8-K","ticker":"REI","cik":"0001384195","company_name":"RING ENERGY, INC.","filed_at":"2023-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.819764+00:00","generated_at":"2026-06-08T22:13:11.741941+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 Q3 net loss $7.5M ($0.04/sh); adj. EBITDA record $58.6M, up 10% QoQ","bullets":["Net loss of $7.5M ($0.04 diluted EPS) vs Q2 net income of $28.8M ($0.15); adjusted net income $26.3M ($0.13).","Record Adjusted EBITDA of $58.6M, up 10% from $53.5M in Q2; Adjusted Free Cash Flow of $6.1M.","Production averaged 17,509 Boe/d (69% oil); Q3 exit rate above 19,000 Boe/d; stepped-up drilling: 11 wells spud, 8 completed.","Closed Founders acquisition for $50M cash (Aug 15); sold non-core New Mexico assets for $4.5M (Sept 27); credit facility debt $428M, liquidity $171.4M, leverage 1.69x.","Updated Q4 2023 guidance; expect strong Q4 from full quarter of Founders and stepped-up Q3 capital program of $42.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-036710","json":"https://secwatch.observer/filing/0001628280-23-036710.json","markdown":"https://secwatch.observer/filing/0001628280-23-036710.md","text":"https://secwatch.observer/filing/0001628280-23-036710.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1384195/000162828023036710/0001628280-23-036710-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1384195/000162828023036710/rei-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T22:13:11.741941+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":"6c3859caaaa2de650a3c6ba13161bcc5c7ceaf50","claim":"RING ENERGY, INC. reported third quarter 2023 results: net income ($7.5 million), EPS ($0.04) per diluted share.","evidence_excerpt":"Reported a net loss of $7.5 million, or $(0.04) per diluted share, in the third quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1384195/000162828023036710/0001628280-23-036710-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Net income","value":"($7.5 million)"},{"label":"EPS","value":"($0.04) per diluted share"},{"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"}