REI on NYSE

RING ENERGY, INC.

American crude petroleum and natural gas company based in The Woodlands. Summary from the record

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Last updated Oct 19, 2026.

Overview

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  • TickerREI on NYSE2
  • IndustryCrude Petroleum & Natural Gas2
  • HeadquartersThe Woodlands, United States2
  • Incorporated inNV3
  • Business address1725 Hughes Landing Blvd., Suite 900, The Woodlands, Tx 773803
  • Filer categoryAccelerated filer3
  • Legal formProfit Corporation2
  • LEI549300HMY6TJ265I8S642
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O CAPITOL CORPORATE SERVICES, INC., 89703 Carson City, United States2
  • Registered withBusiness Center (Secretary of State), NV200415489322

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Ring Energy, Inc., a Nevada corporation (“Ring,” “Ring Energy,” the “Company,” “we,” “us,” “our,” or similar terms), is a growth oriented independent oil and natural gas exploration and production company based in The Woodlands, Texas engaged in oil and natural gas development, production, acquisition, and exploration activities currently focused in the Permian Basin of Texas. Our drilling operations target the oil and liquids rich producing formations in the Northwest Shelf and the Central Basin Platform, in the Permian Basin in Texas.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-11.2%Operating margin5
-11.3%Net margin5
-16.1%Revenue growth, 20255
-4.2%Return on equity5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs98¢$299.7M
  • Income tax2¢$7.5M

Out of $307.2M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$150.8M

Out of $150.8M of cash from operations.5

Financial statements

Revenue67895$307.2M in 2025+57% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $195.7M$195.7M20192020: $113.0M$113.0M2020−42%2021: $196.3M$196.3M2021+74%2022: $347.2M$347.2M2022+77%2023: $361.1M$361.1M2023+4%2024: $366.3M$366.3M2024+1%2025: $307.2M$307.2M2025−16%
Operating income67895-$34.3M in 2025
-$400.0M-$200.0M0$200.0M2019: $60.1M$60.1M20192020: -$268.7M-$268.7M20202021: $95.8M$95.8M20212022: $191.7M$191.7M2022+100%2023: $145.8M$145.8M2023−24%2024: $132.9M$132.9M2024−9%2025: -$34.3M-$34.3M2025
Net income67895-$34.7M in 2025
-$300.0M-$200.0M-$100.0M0$100.0M$200.0M2019: $29.5M$29.5M20192020: -$253.4M-$253.4M20202021: $3.3M$3.3M20212022: $138.6M$138.6M2022+4072%2023: $104.9M$104.9M2023−24%2024: $67.5M$67.5M2024−36%2025: -$34.7M-$34.7M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Oil, Natural Gas, and Natural Gas Liquids Revenues$307.2M$366.3M$361.1M
Lease operating expenses$79.4M$78.3M$70.2M
Gathering, transportation and processing costs$585.1K$506.3K$457.6K
Ad valorem taxes$7.9M$8.1M$6.8M
Oil and natural gas production taxes$14.3M$16.1M$18.1M
Depreciation, depletion and amortization$96.4M$98.7M$88.6M
Ceiling test impairment$108.8M$0$0
Asset retirement obligation accretion$1.5M$1.4M$1.4M
Operating lease expense$700.4K$700.4K$541.8K
General and administrative expense$31.9M$29.6M$29.2M
Total Costs and Operating Expenses$341.5M$233.4M$215.3M
Income (Loss) from Operations-$34.3M$132.9M$145.8M
Interest income$290.9K$491.9K$257.2K
Interest (expense)-$40.4M-$43.3M-$43.9M
Gain (loss) on derivative contracts$31.7M-$2.4M$2.8M
Gain (loss) on disposal of assets$446.4K$89.7K-$87.1K
Other income$189.3K$106.7K$198.9K
Net Other Income (Expense)-$7.8M-$45.0M-$40.8M
Income (Loss) Before Benefit from (Provision for) Income Taxes-$42.2M$87.9M$105.0M
Benefit from (Provision for) Income Taxes$7.5M-$20.4M-$125.2K
Net Income (Loss)-$34.7M$67.5M$104.9M
Basic Earnings (Loss) per Share (in dollars per share)-$0.17$0.34$0.55
Diluted Earnings (Loss) per Share (in dollars per share)-$0.17$0.34$0.54

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Leadership

Who has led RING ENERGY, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Robert Steve Owens2009
  2. William Randall Broaddrick2012
  3. Paul D. McKinney2020–now

Chair

  1. Paul D. McKinney2020–now

President

  1. Robert Steve Owens2008–2009
  2. David A. Fowler2013–2020

Chief financial officer

  1. Robert Steve Owens2009
  2. William Randall Broaddrick2012–2020
  3. Travis Thomas2021–2025
  4. Rocky Kwon2025–2026
  5. Sundip Singh Johl2026–now
2010201520202025
Board members and other officers (22)

Former names

  • Transglobal Mining Corp.May 8, 2007 to May 9, 20083
  • Blanca Corp.Jan 12, 2007 to Apr 25, 20073

Timeline

  1. Oct 13, 2020New chief executive Paul D. McKinney becomes CEO13
  2. Sep 6, 2012New chief executive William Randall Broaddrick becomes CEO14
  3. Aug 10, 2009New chief executive Robert Steve Owens becomes CEO15
  4. Jul 30, 2004Founded RING ENERGY, INC. is founded2

Filings

363 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 66 major events, 205 insider forms, 23 large holders, 49 other. The latest 20:

  1. Oct 15, 2026DEFA14A EDGAR
  2. Aug 14, 2026SCHEDULE 13G EDGAR
  3. Aug 13, 2026SCHEDULE 13G EDGAR
  4. Aug 6, 20268-K EDGAR
  5. Aug 5, 202610-Q EDGAR
  6. Jun 16, 20264 EDGAR
  7. Jun 16, 20264 EDGAR
  8. May 22, 20268-K EDGAR
  9. May 14, 20268-K EDGAR
  10. May 14, 2026424B5 EDGAR
  11. May 12, 2026424B5 EDGAR
  12. May 7, 20268-K EDGAR
  13. May 6, 202610-Q EDGAR
  14. Apr 10, 2026ARS EDGAR
  15. Apr 10, 2026DEF 14A EDGAR
  16. Mar 27, 2026SCHEDULE 13G/A EDGAR
  17. Mar 6, 20264 EDGAR
  18. Mar 6, 20263 EDGAR
  19. Mar 6, 20268-K EDGAR
  20. Mar 5, 2026S-8 EDGAR

The 363 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

66 open-market trades by officers, directors and large owners since October 2021: 16 buys and 50 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 15, 2026McKinney Paul D.CEO and Chairman of the BoardBuy50,000$1.19$59.5KForm 4
Jun 15, 2026Johl Sundip SinghEVP, Chief Financial OfficerBuy231,000$1.21$279.5KForm 4
Aug 14, 2025Dyes AlexanderEVP Chief Operations OfficerBuy29,069$0.86$25.0KForm 4
Aug 12, 2025McKinney Paul D.CEO and Chairman of the BoardBuy20,000$0.84$16.8KForm 4
Aug 11, 2025McKinney Paul D.CEO and Chairman of the BoardBuy30,000$0.80$24.0KForm 4
Jun 13, 2025Warburg Pincus XII (E&P) Partners-1, L.P.10% ownerSale2,486,027$0.92$2.3MForm 4
Jun 13, 2025Warburg Pincus Energy (E&P) Partners-A, L.P.10% ownerSale2,486,027$0.92$2.3MForm 4
Jun 12, 2025Warburg Pincus XII (E&P) Partners-2, L.P.10% ownerSale228,008$0.82$187.0KForm 4
Jun 12, 2025Warburg Pincus Energy (E&P) Partners-A, L.P.10% ownerSale228,008$0.82$187.0KForm 4
Jun 11, 2025Warburg Pincus XII (E&P) Partners-2, L.P.10% ownerSale652,380$0.81$528.4KForm 4
Jun 11, 2025Warburg Pincus Energy (E&P) Partners-A, L.P.10% ownerSale652,380$0.81$528.4KForm 4
Jun 10, 2025Warburg Pincus XII (E&P) Partners-2, L.P.10% ownerSale505,340$0.81$409.3KForm 4
Jun 10, 2025Warburg Pincus Energy (E&P) Partners-A, L.P.10% ownerSale505,340$0.81$409.3KForm 4
Jun 9, 2025Warburg Pincus XII (E&P) Partners-2, L.P.10% ownerSale257,468$0.78$200.8KForm 4
Jun 9, 2025Warburg Pincus (E&P) Energy LLC10% ownerSale257,468$0.78$200.8KForm 4
Jun 6, 2025Warburg Pincus XII (E&P) Partners-2, L.P.10% ownerSale215,476$0.77$165.9KForm 4
Jun 6, 2025Warburg Pincus (E&P) Energy LLC10% ownerSale215,476$0.77$165.9KForm 4
Jun 5, 2025Warburg Pincus XII (E&P) Partners-2, L.P.10% ownerSale26,606$0.75$20.0KForm 4
Jun 5, 2025Warburg Pincus (E&P) Energy LLC10% ownerSale26,606$0.75$20.0KForm 4
Jun 4, 2025Warburg Pincus XII (E&P) Partners-1, L.P.10% ownerSale321,289$0.76$244.2KForm 4

All 66 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Peak6 LLC17,079,382$18.4M0.4%+15,929,382
BlackRock, Inc.12,086,312$13.1M0.0%+10,400,044
Adage Capital Partners Gp, L.l.c.10,650,000$11.5M0.0%New
Vanguard Capital Management LLC8,884,550$9.6M0.0%+1,372,699
Two Sigma Investments, LP8,047,045$8.7M0.0%+1,991,422
Barclays PLC7,399,092$8.0M0.0%+1,724,091
Vanguard Portfolio Management LLC4,616,412$5.0M0.0%+1,115,508
Geode Capital Management, LLC4,575,428$4.9M0.0%+2,583,066
Renaissance Technologies LLC4,117,089$4.4M0.0%+2,496,839
CDC Financial, Inc.3,539,562$3.8M2.9%+80,000
UBS Group AG3,098,584$3.3M0.0%−199,985
Connor, Clark & Lunn Investment Management Ltd.2,922,388$3.2M0.0%+293,446
First Trust Advisors LP2,712,989$2.9M0.0%New
State Street Corp2,509,052$2.7M0.0%+1,702,965
Bridgeway Capital Management, LLC2,166,848$2.3M0.0%+309,046
Goldman Sachs Group Inc1,488,104$1.6M0.0%+312,172
Northern Trust Corp1,486,707$1.6M0.0%+1,138,935
Nierenberg Investment Management Company, LLC1,399,555$1.5M0.8%New
Empowered Funds, LLC1,256,228$1.4M0.0%+88,942
Vanguard Fiduciary Trust Co1,142,143$1.2M0.0%+151,384
De Lisle Partners LLP1,129,569$1.2M0.1%+435,608
Bank of New York Mellon Corp1,121,003$1.2M0.0%+438,639
Plustick Management LLC1,000,000$1.1M0.5%New
Segall Bryant & Hamill, LLC937,046$1.0M0.0%New
Millennium Management LLC902,106$974.3K0.0%−2,197,891

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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