Ring Energy Stock News

THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) announced that it has completed its previously-announced acquisition (the “Transaction”) of the Central Basin Platform (“CBP”) assets of Lime Rock Resources IV, LP (“Lime Rock”) on March 31, 2025. Lime Rock's CBP operations are located in the Permian Basin in Andrews County,...

Ring made a $100 million acquisition, 90% in cash (including deferred payments). The acquisition price appears okay by itself, but this will increase Ring's projected leverage to near 2.0x at the end of 2025. I had highlighted debt reduction as being important for Ring's share price before, so this move is a step back in that area.

Ring Energy's recent acquisition aims to boost free cash flow. Management's strategy shift post-COVID has been successful. The latest acquisition is expected to improve the debt ratio.

THE WOODLANDS, Texas, March 27, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced its participation in a fireside chat with Water Tower Research (“WTR”) on Tuesday, April 1, 2025 at 10:00 AM Central Time.

RioCan's financials converted us to a bullish stance, despite initial concerns about debt and residential focus over retail leasing. We recommended a buy due to attractive valuation and entered using covered calls, which paid off well. We look at the recent drop in light of the Hudson's Bay news, and tell you why it is a bit overblown.

Ring Energy, Inc. (NYSE:REI ) Q4 2024 Earnings Conference Call March 6, 2025 11:00 AM ET Company Participants Al Petrie - Investor Relations Paul McKinney - Chairman & Chief Executive Officer Travis Thomas - Executive Vice President & Chief Financial Officer Shawn Young - Senior Vice President, Operations Alex Dyes - Executive Vice President & Chief Operations Officer Conference Call Participan...

THE WOODLANDS, Texas, March 05, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the fourth quarter and full year 2024, year-end 2024 proved reserves and provided 2025 operational and financial guidance.

~ Capturing Synergies and Expanding Central Basin Platform Operations ~ ~ Announces Timing of Q4 and FY 2024 Earnings Release and Conference Call ~ THE WOODLANDS, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) --  Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it has entered into an agreement to acquire the Central Basin Platform (“CBP”) assets of Lime Rock Resources IV...