Ring Energy (REI) Reports In-Line Q2 EPS

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Ring Energy Inc. Announces Second Quarter and Six Month 2017 Financial and Operating Results

August 8, 2017 4:15 PM EDT

MIDLAND, Texas--(BUSINESS WIRE)-- Ring Energy, Inc. (NYSE American: REI) (Ring) (Company) announced today financial results for the three months and six months ended June 30, 2017. For the three month period ended June 30, 2017, Ring had oil and gas revenues of $14,503,309, compared to $7,104,609 for the quarter ended June 30, 2016. For the six month period ended June 30, 2017, the Company reported oil and gas revenues of $26,747,102, compared to oil and gas revenues of $13,196,997 for the six month period ended June 30, 2016.

For the three months ended June 30, 2017, Ring reported net income of $1,910,763, or $0.04 per diluted share. For the six months ended June... More