secwatch.observer — SEC 8-K summary
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Issuer:     RING ENERGY, INC. (REI)
CIK:        0001384195
Form:       8-K
Filed at:   2025-03-07T23:59:59+00:00
Accession:  0001628280-25-011294
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1384195/000162828025011294/0001628280-25-011294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1384195/000162828025011294/rei-20250305.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-011294

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer