---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-024264"
form_type: "8-K"
ticker: "REI"
cik: "0001384195"
company_name: "RING ENERGY, INC."
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T01:29:32.284601+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-024264
- form_type: 8-K
- ticker: REI
- cik: 0001384195
- company_name: RING ENERGY, INC.
- filed_at: 2025-05-09T23:59:59+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/1384195/000162828025024264/0001628280-25-024264-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1384195/000162828025024264/rei-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-024264
- JSON: https://secwatch.observer/filing/0001628280-25-024264.json
- Plain text: https://secwatch.observer/filing/0001628280-25-024264.txt

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