Ring Energy Reports Q4 Revenue of $66.9M, Down Year-over-Year
Reports Q4 revenue $66.9M vs. $83.4M last year. Sold 13,124 barrels of oil per day, near the mid-point of guidance, and 20,508 Boe/d, which was above the mid-point of guidance. CEO Paul McKinney commented: "Ring Energy delivered strong operational and financial results in 2025, demonstrating the effectiveness of our disciplined, value focused strategy. While the year presented significant challenges across the oil and gas sector, including a roughly 18% year over year decline in realized prices, we responded decisively early in Q1. By adjusting our drilling plans, reducing our capital spending, focusing investment on our highest return opportunities and taking advantage of the production from the Lime Rock acquisition, we protected margins, improved efficiency, and performed well despite a volatile macroeconomic backdrop...These operational improvements drove strong financial results. We generated a record $50M of Adjusted Free Cash Flow, a 15% increase year over year, paid down $40M of debt since closing the Lime Rock acquisition, and paid the $10M deferred cash payment for the Lime Rock acquisition. Importantly, we extended our record to 25 consecutive quarters of positive cash flow generation."
