Ring Energy (REI) Reports In-Line Q4 EPS

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Ring Energy Releases Fourth Quarter and Twelve Month 2018 Financial and Operational Results

February 26, 2019 4:05 PM EST

MIDLAND, Texas--(BUSINESS WIRE)-- Ring Energy, Inc. (NYSE American: REI) (Ring)(Company) announced today reserve information as of December 31, 2018 and financial results for the three months and twelve months ended December 31, 2018. Following is a summary of our approximate financial results:

Oil sales volume (Bbl) 4Q 542,964 Year 2,047,295 Gas sales volume (Mcf) 4Q 418,165 Year 1,311,727 Total sales volume (BOE) 4Q 592,446 Year 2,232,658 Average oil price received 4Q $48.65 Year $56.99 Average gas price received... More