Ring Energy (REI) Tops Q4 EPS by 3c, Revenues Beat

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Ring Energy Announces Fourth Quarter and Full Year 2020 Results Including Year-End 2020 Proved Reserves and Affirms 2021 Guidance

March 16, 2021 4:55 PM EDT

THE WOODLANDS, Texas, March 16, 2021 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (Ring or the Company) today reported operational and financial results for the fourth quarter and full year 2020 including Rings year-end 2020 reserves and affirmed 2021 guidance.

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Exceeded high end of guidance and sold 9,307 barrels of oil equivalent per day (Boe/d), or 856,271 barrels of oil equivalent (Boe) (86% oil), in the fourth quarter of 2020, despite no new wells coming... More