Ring Energy Q1 net income $9.1M, beats guidance; cuts full-year capex 36%

RING ENERGY, INC.

2025-Q1 EPS reported $0.05 revenue$79,091,207

Oil sales of 12,074 Bo/d exceeded high end of guidance; total volumes 18,392 Boe/d above midpoint.
Adjusted EBITDA $46.4M; net income $9.1M ($0.05 diluted EPS); Adjusted Net Income $10.7M.
Closed highly-accretive Central Basin Platform acquisition from Lime Rock on March 31, 2025.
Full-year 2025 capex reduced 36% vs original plan; 2H 2025 spending cut over 47%.
Sales volume guidance reduced only 5%; company expects 2% YoY growth in total volumes.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.