Ring Energy (REI) Tops Q2 EPS by 2c
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Ring Energy Announces Second Quarter 2023 Results and Reiterates Quarterly Guidance for Second Half 2023
August 3, 2023 4:44 PM EDT~ Second Half 2023 to Benefit from Targeted 2023 Capital Spending Program and Recently Announced Acquisition ~
THE WOODLANDS, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (Ring or the Company) today reported operational and financial results for the second quarter of 2023. In addition, the Company reaffirmed its pro forma guidance for the third and fourth quarters of 2023 assuming completion of its recently announced transaction to acquire additional assets in the Central Basin Platform (CBP) of the Permian Basin from Founders Oil & Gas IV, LLC (Founders) for $75 million in cash, subject to customary closing... More
