Ring Energy posts Q2 2026 net income of $64.8M, raises 2H outlook
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Ring Energy Releases Second Quarter 2026 Results, Advances Development Program and Provides Initial 2027 Outlook
August 5, 2026 4:45 PM EDTTHE WOODLANDS, Texas, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (Ring or the Company) today reported operational and financial results for the second quarter of 2026, announced an expanded development program for second half of 2026, updated guidance for the remainder of 2026 and provided guidance for 2027.
Second Quarter 2026 Highlights
Strengthened Financial Position
Reported net income of $64.8 million (included a $42.2 million unrealized mark-to-market gain on commodity derivative contracts), or $0.27 per diluted... More