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Companies / Energy / Ring Energy, Inc.
REI

Ring Energy, Inc.

EnergyOil & Gas Extraction
Ticker REITHE WOODLANDS, TXFiscal year ends DecemberBook value per share $3.15Diluted shares 234.5M

Ring Energy, Inc. (NYSE American: REI) is an independent oil and natural gas exploration and production company focused on developing, producing, acquiring and exploring resources in the Permian Basin of Texas. Its drilling targets oil- and liquids-rich formations in the Northwest Shelf and Central Basin Platform, and… From the company’s description.

Over the twelve months to Sep 30, 2026, Ring Energy, Inc. reported revenue of $347.58M, up 7.4% from a year earlier, and a net loss of $185.24M. Its operating margin was −20.5%, and operations generated $174.42M in cash. In fiscal 2025, it reported revenue of $307.18M, down 16.1% from fiscal 2024, and a net loss of $34.73M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$307.18MFY2025
−16.1% year over year
Last 12 mo $347.58M
-11.18%FY2025
−47.5 percentage points
Last 12 mo -20.48%
$-34.73MFY2025
−151.5% year over year
Last 12 mo $-185.24M
11.16%FY2025
+3.3 percentage points
Last 12 mo 3.52%
Cash & financing
$150.85MFY2025
−22.4% year over year
Last 12 mo $174.42M
$52.93MFY2025
+39.0% year over year
Last 12 mo $-9.82M
0.50FY2025
Was 0.45× a year earlier
Last 12 mo 0.48
205.0MFY2025
+2.4% year over year
Last 12 mo 234.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Ring Energy, Inc. does

In the company’s own words

Ring Energy, Inc. (NYSE American: REI) is an independent oil and natural gas exploration and production company focused on developing, producing, acquiring and exploring resources in the Permian Basin of Texas. Its drilling targets oil- and liquids-rich formations in the Northwest Shelf and Central Basin Platform, and it sells production to end users, marketers and other purchasers with access to nearby pipelines. Ring operates as a single oil and gas business, with properties and proved reserves located in the Permian Basin. At December 31, 2025, it held interests in 919 gross producing wells and had 111,714 gross acres of leasehold; proved reserves totaled 153.3 million barrels of oil equivalent. Its 2025 production averaged 20,253 barrels of oil equivalent per day. The company closed the Lime Rock acquisition in March 2025, expanding its asset base. Its website is www.ringenergy.com.

Company details
Sector
Energy
Industry (SIC)
Oil & Gas Extraction
Headquarters
THE WOODLANDS, TX
Fiscal year end
December
CIK
1384195
SIC
1311

Financial performance, year by year

Fiscal 2011–2025 · USD
$-315.39M$-129.46M$56.46M$242.38M$428.30M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Ring Energy, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

72
funds hold it
0 of 35
superinvestors hold it
$44.90M
held by funds, at market
13.9%
of shares held by funds

Largest fund holders · Ring Energy, Inc.’s weight in each

Columbia Small Cap Value Discovery Fund
CSMIX · COLUMBIA FUNDS SERIES TRUST I
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD ENERGY INDEX FUND
VDE · VANGUARD WORLD FUND
—of fund net assets
First Trust Natural Gas ETF
FCG · First Trust Exchange-Traded Fund
0.50%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Ring Energy, Inc. and its peers compare on margins and cash generation over ten years?”
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