---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-046235"
form_type: "8-K"
ticker: "REI"
cik: "0001384195"
company_name: "RING ENERGY, INC."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:23:40.548364+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ring Energy Q3 net income $33.9M; record sales 20,108 Boe/d; debt reduced to $392M

## Summary
- Record Q3 sales of 20,108 Boe/d (66% oil) exceeding high end of guidance; oil sales 13,204 Bo/d.
- Net income $33.9M ($0.17 diluted); Adjusted Net Income $13.4M ($0.07 diluted); Adjusted EBITDA $54.0M.
- Divested non-core vertical assets for $5.5M; reduced credit facility debt by $15M to $392M, liquidity $208M.
- Capital expenditures $42.7M with 13 wells drilled, 11 completed; 20th consecutive cash-flow-positive quarter.
- Full-year 2024 guidance updated to reflect divestiture; Q4 outlook includes testing new zones for organic inventory growth.

## SEC filing metadata
- accession: 0001628280-24-046235
- form_type: 8-K
- ticker: REI
- cik: 0001384195
- company_name: RING ENERGY, INC.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1384195/000162828024046235/0001628280-24-046235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1384195/000162828024046235/rei-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-046235
- JSON: https://secwatch.observer/filing/0001628280-24-046235.json
- Plain text: https://secwatch.observer/filing/0001628280-24-046235.txt

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