Ring Energy Inc (REI) 10.16 $REI Ring Energy In
Post# of 273254
Ring Energy Inc. Releases Preliminary Update on Three Well Horizontal Drilling Program
BusinessWire - Thu Sep 22, 8:00AM CDT
Ring Energy, Inc. (NYSE MKT: REI) ("Ring" ("Company" released today a preliminary update on their three well horizontal drilling program which began in early August on the Company's Central Basin Platform ("CBP" asset. The program is targeting the San Andres formation. Currently, all three wells have been drilled - two of the wells were drilled 1 1/2 miles horizontally and the third well was drilled 1 1/4 miles horizontally. Production casing has been set in all three wells, with the completion process scheduled to begin the week of September 26. Management estimates that once the completion process begins, all three wells will be completed within a four to six week period. The Company will provide a more detailed overview of the horizontal drilling program in the Company's third quarter operations update in October.
REI: 10.16 (-0.12)
Ring Energy Inc. Announces Second Quarter and Six Month 2016 Financial and Operating Results
BusinessWire - Mon Aug 08, 3:26PM CDT
Ring Energy, Inc. (NYSE MKT: REI) ("Ring" ("Company" announced today financial results for the three months and six months ended June 30, 2016. For the three month period ended June 30, 2016, Ring had oil and gas revenues of $7,104,609, compared to $8,976,790 for the quarter ended June 30, 2015. For the six month period ended June 30, 2016, the Company reported oil and gas revenues of $13,196,997, compared to oil and gas revenues of $15,022,491 for the six month period ended June 30, 2015. For the second quarter of 2016, Ring reported a net loss of $15,941,500, or $0.41 per diluted share, which included a pre-tax non-cash impairment of $25,451,988. Excluding the impairment, the net loss per diluted share would have been $0.00. For the six months ended June 30, 2016, the Company reported a net loss of $31,216,544, or $0.90 per diluted share, which included a pre-tax non-cash impairment of $46,864,074. Excluding the impairment, the net loss per diluted share would have been $0.05. This information compares to net income of $534,167, or $0.02 per fully diluted share, for the three months ended June 30, 2015, and a net loss for the six month period ended June 30, 2015 of $441,457, or $0.02 per fully diluted share.
REI: 10.16 (-0.12)
Ring Energy, Inc. Schedules Conference Call on Its 2016 Second Quarter and Six Month Financial and Operating Results
BusinessWire - Wed Jul 27, 3:05PM CDT
Ring Energy, Inc. (NYSE-MKT: REI) ("Ring"("Company" has scheduled a conference call on Tuesday, August 9, 2016 at 11:00 a.m. ET to discuss the 2016 second quarter and six month financial and operating results. Ring expects to issue a press release summarizing these results after the close of market on Monday, August 8, 2016.
REI: 10.16 (-0.12)
Why Ring Energy (REI) Could Be Positioned for a Surge?
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 8:32AM CDT
Ring Energy (REI) has a decent short-term momentum and it is seeing solid activity on the earnings estimate revision front too
REI: 10.16 (-0.12)
Ring Energy Announces Financial and Operating Results for First Quarter 2016
BusinessWire - Mon May 09, 3:19PM CDT
Ring Energy, Inc. (NYSE MKT: REI) ("Ring" ("Company" announced today financial results for the first quarter ended March 31, 2016. For the three month period ended March 31, 2016, Ring had oil and gas revenues of $6,092,388 compared to $6,045,701 for the quarter ended March 31, 2015, and a net loss of $15,275,044, or $0.50 per diluted share, which included a pre-tax non-cash impairment of $21,412,086, compared to a net loss of $975,624, or $0.04 per diluted share, for the same period in 2015. Excluding the after tax impact of the impairment, the net loss per diluted share for the three month period ended March 31, 2016 would have been $0.06.
REI: 10.16 (-0.12)
Ring Energy, Inc. Announces Exercise in Full of Over-Allotment Option and Completion of Public Offering of Common Stock
BusinessWire - Tue Apr 26, 3:05PM CDT
Ring Energy, Inc. (NYSE MKT: REI) (the "Company" today announced the completion of an underwritten public offering of 11,500,000 shares of its common stock, including 1,500,000 shares sold pursuant to the full exercise of an over-allotment option previously granted to the underwriters. All of the shares were offered by the Company at a price to the public of $5.60 per share. The net proceeds to the Company from this offering were approximately $61 million, after deducting the underwriting discount and other estimated offering expenses. The Company intends to use the net proceeds from this offering to initiate a horizontal drilling development program, repay debt under its revolving credit facility, and for general corporate purposes.
REI: 10.16 (-0.12)
Ring Energy, Inc. Announces Common Stock Offering
BusinessWire - Wed Apr 20, 3:01PM CDT
Ring Energy, Inc. (NYSE MKT: REI) (the "Company" announced today that it intends to offer shares of its common stock in an underwritten public offering. The underwriters will have a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
REI: 10.16 (-0.12)
Ring Energy (REI) in Focus: Stock Moves 9.9% Higher
Zacks Equity Research - Zacks Investment Research - Thu Jan 21, 7:30AM CST
Ring Energy, Inc. (REI) was a big mover last session, as the company saw its shares rise nearly 10% on the day.
MCF: 9.17 (-0.33), REI: 10.16 (-0.12)
Weakness Seen in Ring Energy (REI) Estimates: Should You Stay Away?
Zacks Equity Research - Zacks Investment Research - Wed Jan 20, 7:59AM CST
It may not be a good decision to keep Ring Energy (REI) stock in your portfolio anymore.
MCF: 9.17 (-0.33), REI: 10.16 (-0.12)
Ring Energy, Inc. Announces Fourth Quarter and Year End 2015 Operations Update
BusinessWire - Mon Jan 11, 3:05PM CST
Ring Energy, Inc. (NYSE MKT: REI) ("Ring" ("Company" today announced its operations update for the fourth quarter and year end of 2015. In the last three months of 2015, the Company drilled and placed into production three new development wells on its Central Basin properties. For the full year of 2015, the Company drilled eight new development wells on its Central Basin properties, re-completed five existing wells from the Glorieta to the San Andres formation and re-fraced three additional wells. On its Delaware Basin property, the Company drilled one new development well, while focusing on infrastructure improvements.
REI: 10.16 (-0.12)
Identifying Opportunity, Placing Risk - Analyst Notes on Five Star Quality Care, Senomyx, Ring Energy and Sophiris Bio
ACCESSWIRE - Fri Dec 18, 6:30AM CST
NEW YORK, NY / ACCESSWIRE / December 18, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Five Star Quality Care Inc. (NYSE: FVE), Senomyx Inc. (NASDAQ: SNMX), Ring Energy Inc. (NYSE: REI) and Sophiris Bio Inc. (NASDAQ: SPHS). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
FVE: 2.01 (-0.01), SPHS: 2.96 (unch), REI: 10.16 (-0.12), SNMX: 4.54 (-0.03)
Direction of Market Influences- Research on Model N, Ring Energy, Synutra International, and Natural Gas Services Group
ACCESSWIRE - Mon Dec 07, 7:15AM CST
NEW YORK, NY / ACCESSWIRE / December 07, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Model N Inc. (NYSE: MODN),Ring Energy Inc. (NYSE: REI), Synutra International Inc. (NASDAQ: SYUT) and Natural Gas Services Group Inc. (NYSE: NGS). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
MODN: 10.77 (-0.11), NGS: 22.95 (-0.46), SYUT: 4.10 (-0.04), REI: 10.16 (-0.12)
Market Data on Movers and Shakers - Research on Model N, Ring Energy, Synutra, and Natural Gas Services Group
ACCESSWIRE - Fri Nov 27, 7:10AM CST
NEW YORK, NY / ACCESSWIRE / November 27, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Model N Inc (NYSE: MODN), Ring Energy Inc (NYSE: REI), Synutra International Inc (NASDAQ: SYUT) and Natural Gas Services Group Inc (NYSE: NGS). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
MODN: 10.77 (-0.11), NGS: 22.95 (-0.46), SYUT: 4.10 (-0.04), REI: 10.16 (-0.12)
Commit To Buy Ring Energy At $10, Earn 20% Annualized Using Options
StockOptionsChannel.com - Wed Nov 11, 10:35AM CST
Investors eyeing a purchase of Ring Energy Inc stock, but cautious about paying the going market price of $10.19/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in...
REI: 10.16 (-0.12)
Ring Energy, Inc. Announces Third Quarter and Nine Month 2015 Financial and Operating Results
BusinessWire - Mon Nov 09, 3:48PM CST
Ring Energy, Inc. (NYSE MKT: REI) ("Ring"("Company" announced today financial results for the three months and nine months ended September 30, 2015. For the three month period ended September 30, 2015, Ring had oil and gas revenues of $8,629,007 compared to $10,929,771 for the quarter ended September 30, 2014, and net loss of $1,138,268 or $0.04 per fully diluted share, compared to a net income of $1,726,469, or $0.06 per fully diluted share, for the same period in 2014. For the nine month period ended September 30, 2015, the Company reported oil and gas revenues of $23,651,498, compared to oil and gas revenues of $28,104,461 for the nine month period ended September 30, 2014, and a net loss for the nine month period ended September 30, 2015 of $1,579,725, or $0.06 per fully diluted share, compared to a net income of $5,711,896, or $0.22 per fully diluted share, for the same period in 2014. The revenue decrease was primarily due to lower received oil and gas prices.
REI: 10.16 (-0.12)
Ring Energy, Inc. Schedules Conference Call on Its 2015 Third Quarter, Nine Month Financial and Operating Results
BusinessWire - Thu Nov 05, 3:15PM CST
Ring Energy, Inc. (NYSE-MKT: REI) ("Ring"("Company" has scheduled a conference call on Tuesday, November 10, 2015 at 11:00 a.m. ET to discuss the 2015 third quarter and nine month financial and operating results. Ring expects to issue a press release summarizing these results after the close of market on Monday, November 9, 2015.
REI: 10.16 (-0.12)
Ring Energy, Inc. Reports Third Quarter 2015 Operations Update
BusinessWire - Wed Oct 21, 8:20AM CDT
Ring Energy, Inc. (NYSE MKT: REI) ("Ring" or the "Company" today announced its operations update for the third quarter of 2015. During the third quarter, Ring drilled two new wells on its Permian Basin properties in Andrews County, Texas, completing one and in the process of completing the other. In addition, the Company recompleted two existing wells and re-fraced three more. On its Delaware Basin properties, the Company drilled one new development well which is in the final stages of completion. Upon completion of the Delaware Basin properties acquisition announced June 30, 2015, management has focused on the evaluation of the existing wells and condition of current infrastructure. One of the first tasks was the upgrading of the salt water disposal system which was completed the first week of October. The system is now capable of handling much greater amounts of water associated with increased drilling and development.
REI: 10.16 (-0.12)
Zacks Investment Ideas feature highlights: Flotek, Philips 66, Arc Logisitics, Ring Energy and Callon Petroleum
Zacks Equity Research - Zacks Investment Research - Mon Oct 12, 8:30AM CDT
Zacks Investment Ideas feature highlights: Flotek, Philips 66, Arc Logisitics, Ring Energy and Callon Petroleum
ARCX: 14.87 (-0.08), PSXP: 47.36 (+0.07), CPE: 14.19 (-0.66), REI: 10.16 (-0.12), FTK: 13.03 (-0.63)
3 Reasons Why Ring Energy (REI) is a Great Momentum Stock
Zacks Equity Research - Zacks Investment Research - Fri Oct 09, 7:30AM CDT
Ring Energy (REI) is an impressive stock as it has a strong Momentum Score, favorable Zacks Rank and is also seeing positive estimate revisions.
REI: 10.16 (-0.12)
Surging Earnings Estimates Signal Good News for Ring Energy (REI)
Zacks Equity Research - Zacks Investment Research - Wed Sep 09, 7:58AM CDT
Ring Energy has decent short term momentum and is seeing solid activity on the earnings estimate revision front for the coming quarter and year
REI: 10.16 (-0.12)