Ring Energy posts record Q2 oil sales 14,511 Bo/d; record free cash flow $24.8M

RING ENERGY, INC.

2025-Q2 EPS reported $0.15 revenue$161,693,966

Record oil sales 14,511 Bo/d and total 21,295 Boe/d; net income $20.6M ($0.10 diluted EPS).
Adjusted EBITDA $51.5M; record Adjusted Free Cash Flow $24.8M, up 328% from Q1.
Capex $16.8M (-48% QoQ); paid down $12M debt; liquidity $137M at June 30, 2025.
LOE $10.45/Boe, below guidance; lowered LOE/Boe guidance by $0.50 for H2 2025.
New credit facility with $585M borrowing base, extended maturity to June 2029.

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