{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-009990","form_type":"8-K","ticker":"REI","cik":"0001384195","company_name":"RING ENERGY, INC.","filed_at":"2024-03-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.015704+00:00","generated_at":"2026-06-05T00:27:12.799495+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ring Energy Q4 net income $50.9M, record sales 19,397 Boe/d, Adjusted EBITDA $65.4M","bullets":["Q4 total sales volumes 19,397 Boe/d (record), up 11% QoQ; oil sales 13,637 Bo/d (record).","Q4 net income $50.9M ($0.26 diluted EPS), includes $32.5M unrealized derivative gain; adjusted net income $21.2M ($0.11).","Full year 2023 sales volumes 18,119 Boe/d (record, +47% YoY), net income $104.9M; Adjusted EBITDA $236.0M (+21% YoY).","Year-end proved reserves 129.8 MMBoe, PV-10 $1.6B; debt reduced $30M since Aug 2023 acquisition, leverage ratio 1.62x.","2024 guidance: disciplined capital spending, focus on organic growth, debt reduction, and accretive M&A."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-009990","json":"https://secwatch.observer/filing/0001628280-24-009990.json","markdown":"https://secwatch.observer/filing/0001628280-24-009990.md","text":"https://secwatch.observer/filing/0001628280-24-009990.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1384195/000162828024009990/0001628280-24-009990-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1384195/000162828024009990/rei-20240307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T00:27:12.799495+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":"51d6db5a690c58fe628b8d1fe88985ecbecbcde9","claim":"RING ENERGY, INC. reported the fourth quarter and year ended December 31, 2023 results: net income $50.9 million, or $0.26 per diluted share.","evidence_excerpt":"Ring Energy, Inc. (the “Company”) issued a press release announcing its financial and operating results for the fourth quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1384195/000162828024009990/0001628280-24-009990-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2023"},{"label":"Net income","value":"$50.9 million, or $0.26 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"}