secwatch.observer — SEC 8-K summary
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Issuer:     RING ENERGY, INC. (REI)
CIK:        0001384195
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001628280-25-038975
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1384195/000162828025038975/0001628280-25-038975-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1384195/000162828025038975/rei-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-038975

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