Ring Energy delivered strong operational performance with record production and cash flow, effective cost reductions, and successful integration of new assets. However, challenges persist with lower realized pricing, high leverage, and stock underperformance due to selling pressure.

Company Guidance -

Q3 2025

During the Ring Energy Second Quarter and Full Year 2025 Earnings Conference Call, the company provided a robust set of metrics highlighting their performance and forward guidance. Ring Energy set new records for oil sales and adjusted free cash flow, reaching $24.8 million, despite a decline in oil prices. They sold 14,511 barrels of oil per day, just below the top end of their guidance, and 21,295 barrels of oil equivalent per day, slightly below the midpoint of expectations. Cost management was a key focus, with lease operating expenses reducing to $10.45 per BOE, below the anticipated range of $11.50 to $12.50. Capital spending also saw a 48% reduction from the previous quarter. Financially, the company achieved a net income of $20.6 million, or $0.10 per diluted share, and adjusted EBITDA rose to $51.5 million. Looking ahead, Ring Energy reaffirmed their full-year production guidance, expecting an oil production range of 12,700 to 13,700 barrels per day and total production between 19,200 to 20,700 BOE per day. They are targeting further cost reductions, expecting lease operating expenses to fall between $11 and $12 per BOE for the remainder of 2025.

Record Production and Free Cash Flow

Ring Energy set new records for oil and BOE sales and achieved record adjusted free cash flow of $24.8 million despite lower oil prices. The free cash flow per BOE increased by over 250%.

Cost Reduction Achievements

The company reduced all-in cash operating costs by almost $3 per BOE or 12% and achieved lease operating expenses below guidance at $10.45 per BOE. Monthly savings of about $400,000 were realized through cost management initiatives.

Successful Integration and Synergies

The Lime Rock assets were integrated efficiently, reducing LOE costs and achieving significant savings from field staff reductions and operational efficiencies.

Debt Reduction and Improved Credit Facility

Paid down $12 million in debt and secured a new credit facility with a $585 million borrowing base, a 34-month extension, and improved terms, including a 25 basis point reduction in the pricing grid.

Ring Energy (REI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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REI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.04 / -	0.07	―	―	―
Aug 06, 2025	2025 (Q2)	0.03 / 0.05	0.12	-58.33% (-0.07)
May 07, 2025	2025 (Q1)	0.05 / 0.05	0.1	-50.00% (-0.05)
Mar 05, 2025	2024 (Q4)	0.06 / 0.06	0.11	-45.45% (-0.05)
Nov 06, 2024	2024 (Q3)	0.07 / 0.07	0.13	-46.15% (-0.06)
Aug 06, 2024	2024 (Q2)	0.12 / 0.12	0.14	-14.29% (-0.02)
May 06, 2024	2024 (Q1)	0.10 / 0.10	0.14	-28.57% (-0.04)
Mar 07, 2024	2023 (Q4)	0.12 / 0.11	0.13	-15.38% (-0.02)
Nov 02, 2023	2023 (Q3)	0.12 / 0.13	0.28	-53.57% (-0.15)
Aug 03, 2023	2023 (Q2)	0.11 / 0.14	0.29	-51.72% (-0.15)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

REI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$0.74	$0.75	+1.35%
May 07, 2025	$0.85	$0.82	-3.53%
Mar 05, 2025	$1.20	$1.12	-6.67%
Nov 06, 2024	$1.61	$1.74	+8.07%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ring Energy (REI) report earnings?

Ring Energy (REI) is schdueled to report earning on Nov 05, 2025, After Close (Confirmed).

What is Ring Energy (REI) earnings time?

Ring Energy (REI) earnings time is at Nov 05, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is REI EPS forecast?

REI EPS forecast for the fiscal quarter 2025 (Q3) is 0.05.

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