Highest-materiality recent filing
Meeting held May 21, 2026; 69.3% of shares represented (145,045,941 of 209,395,110 outstanding).
Entered underwriting agreement with Mizuho, BofA, Raymond James for 44,444,445 share offering.
Ring Energy posts Q1 net loss of $220.6M on $162M impairment; adj. net income $7.4M
Net loss $220.6M ($1.06/diluted share) from $162.1M ceiling test impairment and $77M derivative loss.
Ring Energy grants inducement awards of 317K RSUs and 476K PSUs to CFO Sonu Johl
317,460 RSUs granted to CFO Sonu Johl, vesting in three equal annual installments starting March 2027.
Ring Energy Reports Q4 & FY 2025 Results, Year-End Reserves, and 2026 Guidance
Sold 13,124 Bo/d oil and 20,508 Boe/d in Q4 2025; FY 2025 average sales volume record 20,253 Boe/d (3% YoY increase)
Ring Energy appoints Rocky Kwon as Chief Accounting Officer
Rocky Kwon appointed CAO and principal accounting officer effective March 1, 2026.
Ring Energy appoints Sonu Johl as CFO effective Feb 27, 2026
Sundip 'Sonu' S. Johl named EVP, CFO and Treasurer, effective February 27, 2026.
Ring Energy borrowing base reaffirmed at $585M under $1B credit facility
Borrowing base reaffirmed at $585 million under the $1.0 billion senior revolving credit facility.
Ring Energy Q3 net loss $51.6M on $72.9M impairment; adj net income $13.1M
Net loss $51.6M (diluted loss $0.25) includes $72.9M non-cash impairment; adjusted net income $13.1M ($0.06/share).
Ring Energy enters CFO severance agreement; $1.02M cash payment, equity acceleration
Former CFO Travis Thomas receives $1,021,688 cash severance, COBRA reimbursement for 18 months.
CFO Travis Thomas resigns effective immediately; Rocky Kwon named interim CFO
Travis Thomas resigned as CFO on Sept 12, 2025; no disagreement with company.
Ring sets Q3 2025 debt reduction target of ~$18M; Warburg Pincus exits position
Debt reduction target ~$18M for Q3 2025; expects ~$430M borrowings at Sep 30 vs $448M at Jun 30 2025.
Ring Energy posts record Q2 oil sales 14,511 Bo/d; record free cash flow $24.8M
Record oil sales 14,511 Bo/d and total 21,295 Boe/d; net income $20.6M ($0.10 diluted EPS).
Ring Energy extends credit facility to June 2029, borrowing base affirmed at $585M
Borrowing base set at $585M under $1.0B senior secured credit facility (down from $600M).
Ring Energy files audited 2024 Lime Rock property financials; pro forma net income $77.7M
Lime Rock properties generated $54.6M revenue and $31.6M excess of revenues over direct operating expenses for 2024.
Ring Energy shareholders approve 11.5M share increase in equity plan; all directors re-elected
Stockholders elected all seven director nominees; votes ranged from 103.3M to 106.7M for each.
Ring Energy Q1 net income $9.1M, beats guidance; cuts full-year capex 36%
Oil sales of 12,074 Bo/d exceeded high end of guidance; total volumes 18,392 Boe/d above midpoint.
Ring Energy cuts Q2 2025 capex guidance by >50% to $18M, reaffirms volumes
Capital spending midpoint reduced over 50% to $18M for Q2 2025.
Ring Energy reports Q1 oil sales >12,000 Bo/d, exceeds guidance, completes Lime Rock acquisition
Oil sales >12,000 Bo/d exceeded high end of guidance; total >18,300 Boe/d above midpoint.
Ring Energy board: Roesener retires, Tharp appointed director
Regina Roesener retiring from board effective April 14, 2025; no dispute or disagreement with company.
Ring Energy closes Lime Rock Permian acquisition for $68.6M cash, $10M deferred, and 6.45M shares
Acquired ~17,700 net acres (100% HBP) and ~2,300 Boe/d (>80% oil) production from 101 gross wells in Andrews County, TX.
Ring Energy reports Q4 net income $5.7M, record 2024 sales 19,648 Boe/d; 2025 guidance 21,000 Boe/d
Q4 net income $5.7M ($0.03 diluted); adjusted net income $12.3M ($0.06 diluted).
Ring Energy to acquire Lime Rock CBP assets for $100M; deal accretive
Purchase price: $80M cash at close, $10M deferred cash, ~7.4M shares (value ~$10M).
Ring Energy issues 2024 Sustainability Report; Scope 1 GHG emissions down 59% YoY
Fourth consecutive annual report; details ESG initiatives and benefits from acquisitions and asset sales.
Ring Energy names James J. Parr as EVP of Exploration and Geoscience
James J. Parr appointed EVP, Exploration and Geosciences effective immediately.
Ring Energy Q3 net income $33.9M; record sales 20,108 Boe/d; debt reduced to $392M
Record Q3 sales of 20,108 Boe/d (66% oil) exceeding high end of guidance; oil sales 13,204 Bo/d.
Ring Energy Q2: record production, adj. EBITDA $66.4M, free cash flow $21.4M; guidance raised
Net income $22.4M ($0.11 diluted); adjusted net income $23.4M ($0.12).
Ring Energy raises Q2 sales guidance above prior range; reduces debt $15M
New oil sales guidance: 13,500-13,700 Bopd vs prior 13,000-13,400 Bopd.
Ring Energy EVP Stephen Brooks retires, signs consulting deal through March 2025
Stephen D. Brooks retired as EVP of Land, Legal, HR and Marketing effective July 1, 2024.
Ring Energy EVPs Brooks (retirement) and Baghdati (resign) depart; Shawn Young promoted to VP Ops
Stephen Brooks, EVP Land/Legal/HR/Marketing, retires effective July 1, 2024; expects to enter consulting agreement.
All seven director nominees elected; John A. Crum received 89,962,068 votes for, 7,359,766 withheld.
Ring Energy Q1 2024 crude sales top guidance; adj. net income $20.3M, FCF $15.6M
Crude sales 13,394 Bo/d (19,034 Boe/d), exceeding high-end guidance by 5% and 3%.
Two Ring Energy directors to retire at 2024 annual meeting, not stand for reelection
Clayton E. Woodrum notified Board of retirement effective at 2024 Annual Meeting; continues as director until then.
Ring Energy Q4 net income $50.9M, record sales 19,397 Boe/d, Adjusted EBITDA $65.4M
Q4 total sales volumes 19,397 Boe/d (record), up 11% QoQ; oil sales 13,637 Bo/d (record).
Ring Energy amends credit agreement to exclude acquisition spending from Free Cash Flow calculation
Free Cash Flow definition amended: amounts used for acquisitions no longer subtracted from the calculation.
On May 4, 2026, the Board of Directors (the “Board”) of the Company appointed Sundip “Sonu” S. Johl as Principal Financial Officer of the Company in addition to his current positions as Executive Vice President, Chief Financial Officer and Treasurer of the Company.
Ms. Regina Roesener notified the board of directors (the “Board”) of Ring Energy, Inc. (the “Company”), that she is retiring from the Board effective as of April 14, 2025.
the Board, upon the recommendation of the Nominating, Environmental, Social and Governance Committee of the Board (the “NESG Committee”), appointed Ms. Carla Tharp as a director effective April 14, 2025.
on July 1, 2024, Stephen D. Brooks retired as Executive Vice President of Land, Legal, Human Resources and Marketing of the Company.
On June 18, 2024, Marinos C. Baghdati, Executive Vice President of Operations of Ring Energy, Inc. (the “Company”), submitted his resignation, effective July 17, 2024.
On June 24, 2024, the Company announced that Stephen D. Brooks who currently serves as the Company’s Executive Vice President of Land, Legal, Human Resources and Marketing, will retire from the Company which will occur on or about July 1, 2024.
On June 18, 2024, Shawn Young, age 56, was appointed to Vice President of Operations, effective July 17, 2024.
Also, on April 16, 2024, Roy Ben-Dor notified the Board of his intention to retire from the Board effective at the Annual Meeting and to not stand for reelection to the Board.
On April 16, 2024, Clayton E. Woodrum notified the Board of Directors (the “Board”) of Ring Energy, Inc. (the “Company”) of his intention to retire from the Board effective at the 2024 Annual Meeting of Stockholders of the Company (the “Annual Meeting”) and to not stand for reelection to the Board.
Max materiality 0.85 · Median 0.60 · Most common event other_material