Ring Energy reports Q4 net income $5.7M, record 2024 sales 19,648 Boe/d; 2025 guidance 21,000 Boe/d

RING ENERGY, INC.

Q4 net income $5.7M ($0.03 diluted); adjusted net income $12.3M ($0.06 diluted).
Full-year record avg sales 19,648 Boe/d (+8% YoY); oil sales 13,283 Bo/d (+6%).
Adjusted EBITDA $233.3M despite 7% lower realized prices; debt reduced $40M in 2024.
2025 annual sales midpoint 21,000 Boe/d, capital ~$154M; includes Lime Rock acquisition expected Q1 close.
Year-end proved reserves 134.2 MMBoe, organically grown 3%.

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