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Ring Energy, Inc.

Ring Energy, Inc.


Ring Energy, Inc.'s financial review

Ring Energy, Inc.'s Revenue (Yearly)

113M

Employees

73

Total Funding

78.5M

Last Funding Round

30M

nasdaq

REI

Market cap

395.9M


Ring Energy, Inc. information

Company Profile Management's primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow.Ring Energy, Inc. (NYSE MKT: REI) is a Texas-based oil and gas exploration, development and production company with current operations in Texas and Kansas. Founded in 2012, the experienced management team has aggressively sought to acqu...
Company Profile Management's primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow.Ring Energy, Inc. (NYSE MKT: REI) is a Texas-based oil and gas exploration, development and production company with current operations in Texas and Kansas. Founded in 2012, the experienced management team has aggressively sought to acquire select properties in their "back yard"​ which provides immediate positive cash flow and development opportunities for future years. As of 12/31/13, the company has, through exploitation and acquisitions, increased their proven reserves to an estimated 7.2 million BOE's (barrel of oil equivalents) and an estimated $198 million* in PV-10 (future net revenues discounted 10%).Ring Energy's management understands what is required to build an oil an gas company from the ground up, having successfully done so on more than one occasion. With over 100 years of combined experience in the oil and gas industry, coupled with new technological advancements, careful geological evaluation in reservoir engineering, Ring has the components in place to build a profitable and successful program.

Ring Energy, Inc. industries

Oil & energy
Oil & gas production
Energy

Ring Energy, Inc.'s financial review

Ring Energy, Inc.'s Revenue (Yearly)

113M

Employees

73

Total Funding

78.5M

Last Funding Round

30M

nasdaq

REI

Market cap

395.9M

Employees

Consultant
Lease Operator
Completions
RING ENERGY

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