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Ring Energy Appoints Interim CFO Amid Leadership Change

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Ring Energy Appoints Interim CFO Amid Leadership Change

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An update from Ring Energy ( (REI) ) is now available.

On September 12, 2025, Ring Energy announced the resignation of its Chief Financial Officer, Travis T. Thomas, who left to pursue other opportunities. His departure was amicable, with no disagreements on company operations or policies. Rocky Kwon, previously Vice President of Accounting and Assistant Treasurer, was appointed as Interim CFO while the company searches for a permanent successor. This leadership transition is part of Ring Energy’s strategic objectives to maintain financial success and focus on debt reduction.

The most recent analyst rating on (REI) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Ring Energy stock, see the REI Stock Forecast page.

Spark’s Take on REI Stock

According to Spark, TipRanks’ AI Analyst, REI is a Neutral.

Ring Energy’s overall stock score reflects a balance of strong operational performance and cost management achievements, tempered by challenges in profitability and cash flow. The stock’s undervaluation presents an opportunity, but technical indicators suggest caution due to potential overbought conditions. The company’s strategic focus on cost reduction and debt management is a positive long-term factor.

To see Spark’s full report on REI stock, click here.

More about Ring Energy

Ring Energy, Inc. is an oil and gas exploration, development, and production company with current operations focused on the development of its Permian Basin assets.

Average Trading Volume: 3,718,084

Technical Sentiment Signal: Sell

Current Market Cap: $218.9M

Learn more about REI stock on TipRanks’ Stock Analysis page.

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