Ring Energy (REI) Misses Q4 EPS by 11c
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Ring Energy Announces Record Fourth Quarter and Full Year 2022 Results, Nearly 80% Increase in Year-End 2022 Proved Reserves and Provides 2023 Guidance
March 9, 2023 4:45 PM EST~ Transformational Acquisition Helped Drive Record Production, Reserves, Revenue, Net Income and Adjusted EBITDA for Full Year 2022 ~
~ Expects 2023 Annual Sales Volumes to Increase More Than 40% Over 2022 ~
THE WOODLANDS, Texas, March 09, 2023 (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 2022, including Rings year-end 2022 proved reserves. In addition, the Company provided first quarter and full year 2023 operational and capital spending guidance.
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