Ring Energy Reports Q4 Revenue of $66.9M, Down Year-over-Year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2026
0mins
Should l Buy REI?
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."
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy REI?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on REI
About REI
Ring Energy, Inc. is an oil and gas exploration, development, and production company. The Company is focused on the development of its Permian Basin assets. Its primary drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform (CBP), in the Permian Basin in Texas. Its Lime Rock’s CBP operations are located in the Permian Basin and are focused on the development of approximately 17,700 net acres. The Company's leasehold acreage positions total approximately 97,599 gross (80,919 net) acres, and it holds interests in approximately 935 gross (763 net) producing wells. All of its properties are located in the Permian Basin and its proved reserves are oil-weighted, with approximately 60% consisting of oil, 19% consisting of natural gas, and 21% consisting of natural gas liquids. Of those reserves, approximately 69% of the reserves are classified as proved developed and 31% are classified as proved undeveloped.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
RioCan Announces April Distribution of 9.65 Cents per Unit
- Distribution Announcement: RioCan Real Estate Investment Trust has declared a distribution of 9.65 cents per unit for April 2026, indicating the company's ongoing cash flow and stable earnings capacity, which is expected to bolster investor confidence.
- Payment Date: The distribution will be payable on May 7, 2026, to unitholders of record as of April 30, 2026, ensuring timely returns for investors and further solidifying trust between the company and its stakeholders.
- Portfolio Size: As of December 31, 2025, RioCan's portfolio consists of 168 properties with a total net leasable area of approximately 31 million square feet, reflecting the company's strong capability to meet the everyday shopping needs of Canadians.
- Market Positioning: RioCan focuses on owning, managing, and developing necessity-based retail properties in densely populated communities, highlighting its strategic significance and potential for sustained growth in the retail market.
See More
Registration Open for 2026 EnerCom Denver Energy Investment Conference
- Conference Registration Open: EnerCom has announced that registration is now open for the 2026 EnerCom Denver Energy Investment Conference, scheduled for August 17-19 at the Westin Denver Downtown, expected to attract over 1,000 industry professionals and investors, providing significant investment opportunities and industry insights.
- Charity Golf Tournament: The conference will kick off with a charity golf tournament on the first day, requiring a $150 donation to participate, with all proceeds supporting the IN! Pathways to Inclusive Higher Education program, aimed at creating more college opportunities for students with intellectual disabilities and fostering their academic and career growth.
- Executive Access Opportunities: This conference offers investors direct access to executive management teams from leading global energy companies, including one-on-one meetings and breakout Q&A sessions, helping investors gain deeper insights into companies' operational and financial strategies, thereby enhancing investment decision-making effectiveness.
- Networking Events: Multiple networking events will be held during the conference, including a welcome mixer and Casino Night, aimed at fostering interactions with industry peers and enhancing connections between investors and companies, thereby improving the overall collaborative atmosphere within the industry.
See More
RioCan Appoints Interim CFO During Medical Leave
- Interim CFO Appointment: RioCan Real Estate Investment Trust has appointed Franca Smith as Interim Chief Financial Officer effective immediately during the temporary medical leave of CFO Dennis Blasutti, ensuring continuity in financial leadership.
- Financial Leadership Experience: Franca Smith joined RioCan in 2017 as Vice President of Finance and was promoted to Senior Vice President in 2022, bringing extensive financial management experience that is crucial for maintaining stability during this critical period.
- Historical Tenure Review: Smith previously served as RioCan's Interim CFO from May to September 2021, successfully providing effective oversight of the finance function, highlighting her significance in the company's financial management.
- Dividend Declaration: RioCan Real Estate Investment Trust has declared a dividend of CAD 0.0965 per share, reflecting the company's ability to maintain stable cash flow and shareholder returns in the current economic environment.
See More
2026 EnerCom Denver Energy Investment Conference Set to Connect Industry Leaders
- Conference Scale and Impact: The EnerCom Denver Energy Investment Conference is set to take place from August 17-19, 2026, at the Westin Denver Downtown, expecting to attract over 1,000 industry professionals and investors, further solidifying its status as the largest independent energy investment conference globally.
- Participating Companies Lineup: As of March 19, 2026, more than 70 companies have confirmed their attendance, including numerous public and private oil and gas firms, showcasing extensive industry participation and investment opportunities.
- Innovation and Technology Showcase: The conference will feature an Energy Transition and Emerging Technology session, inviting start-ups to deliver 15-minute quick-pitch investment presentations, aimed at fostering innovation in alternative energy and environmental sustainability technologies.
- Investor Engagement Opportunities: Attending investors will gain direct access to C-suite executives through one-on-one meetings and Q&A sessions, providing unique investment insights and industry dynamics to aid in decision-making.
See More
31st EnerCom Denver Energy Investment Conference Set for August 2026
- Conference Scale Expansion: The 31st EnerCom Denver Energy Investment Conference is scheduled for August 17-19, 2026, at the Westin Denver Downtown, expecting to attract over 1,000 industry professionals and investors, further solidifying its status as the largest independent investor conference globally.
- Rich Investment Opportunities: The conference will feature presentations from over 70 companies across oil, gas, and energy transition sectors, providing investors with direct access to executives, facilitating informed investment decisions.
- Innovation Technology Showcase: The conference will include an Energy Transition and Emerging Technology session, inviting start-ups to deliver quick investment pitches focused on alternative energy, advanced oil and gas technology, and environmental sustainability, promoting industry innovation and growth.
- Charity Event Integration: A charity golf tournament will be held during the conference, requiring a $150 donation to participate, with proceeds benefiting inclusive higher education, demonstrating EnerCom's commitment to social responsibility.
See More
RioCan Real Estate Investment Trust Declares Monthly Dividend
- Dividend Declaration: RioCan Real Estate Investment Trust has declared a monthly dividend of CAD 0.0965 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
- Payment Date: The dividend will be payable on April 8 for shareholders of record as of March 31, ensuring consistent returns for investors and bolstering shareholder confidence.
- Ex-Dividend Date: The ex-dividend date is set for March 31, meaning investors must hold shares before this date to qualify for the dividend, which may attract more long-term investors.
- Dividend Growth Potential: RioCan's dividend performance aligns with its historical earnings data, demonstrating the company's ongoing growth potential in the real estate market, which could appeal to income-seeking investors.
See More
RioCan Announces April Distribution of 9.65 Cents per Unit
- Distribution Announcement: RioCan Real Estate Investment Trust has declared a distribution of 9.65 cents per unit for April 2026, indicating the company's ongoing cash flow and stable earnings capacity, which is expected to bolster investor confidence.
- Payment Date: The distribution will be payable on May 7, 2026, to unitholders of record as of April 30, 2026, ensuring timely returns for investors and further solidifying trust between the company and its stakeholders.
- Portfolio Size: As of December 31, 2025, RioCan's portfolio consists of 168 properties with a total net leasable area of approximately 31 million square feet, reflecting the company's strong capability to meet the everyday shopping needs of Canadians.
- Market Positioning: RioCan focuses on owning, managing, and developing necessity-based retail properties in densely populated communities, highlighting its strategic significance and potential for sustained growth in the retail market.
See More
Registration Open for 2026 EnerCom Denver Energy Investment Conference
- Conference Registration Open: EnerCom has announced that registration is now open for the 2026 EnerCom Denver Energy Investment Conference, scheduled for August 17-19 at the Westin Denver Downtown, expected to attract over 1,000 industry professionals and investors, providing significant investment opportunities and industry insights.
- Charity Golf Tournament: The conference will kick off with a charity golf tournament on the first day, requiring a $150 donation to participate, with all proceeds supporting the IN! Pathways to Inclusive Higher Education program, aimed at creating more college opportunities for students with intellectual disabilities and fostering their academic and career growth.
- Executive Access Opportunities: This conference offers investors direct access to executive management teams from leading global energy companies, including one-on-one meetings and breakout Q&A sessions, helping investors gain deeper insights into companies' operational and financial strategies, thereby enhancing investment decision-making effectiveness.
- Networking Events: Multiple networking events will be held during the conference, including a welcome mixer and Casino Night, aimed at fostering interactions with industry peers and enhancing connections between investors and companies, thereby improving the overall collaborative atmosphere within the industry.
See More
RioCan Appoints Interim CFO During Medical Leave
- Interim CFO Appointment: RioCan Real Estate Investment Trust has appointed Franca Smith as Interim Chief Financial Officer effective immediately during the temporary medical leave of CFO Dennis Blasutti, ensuring continuity in financial leadership.
- Financial Leadership Experience: Franca Smith joined RioCan in 2017 as Vice President of Finance and was promoted to Senior Vice President in 2022, bringing extensive financial management experience that is crucial for maintaining stability during this critical period.
- Historical Tenure Review: Smith previously served as RioCan's Interim CFO from May to September 2021, successfully providing effective oversight of the finance function, highlighting her significance in the company's financial management.
- Dividend Declaration: RioCan Real Estate Investment Trust has declared a dividend of CAD 0.0965 per share, reflecting the company's ability to maintain stable cash flow and shareholder returns in the current economic environment.
See More
2026 EnerCom Denver Energy Investment Conference Set to Connect Industry Leaders
- Conference Scale and Impact: The EnerCom Denver Energy Investment Conference is set to take place from August 17-19, 2026, at the Westin Denver Downtown, expecting to attract over 1,000 industry professionals and investors, further solidifying its status as the largest independent energy investment conference globally.
- Participating Companies Lineup: As of March 19, 2026, more than 70 companies have confirmed their attendance, including numerous public and private oil and gas firms, showcasing extensive industry participation and investment opportunities.
- Innovation and Technology Showcase: The conference will feature an Energy Transition and Emerging Technology session, inviting start-ups to deliver 15-minute quick-pitch investment presentations, aimed at fostering innovation in alternative energy and environmental sustainability technologies.
- Investor Engagement Opportunities: Attending investors will gain direct access to C-suite executives through one-on-one meetings and Q&A sessions, providing unique investment insights and industry dynamics to aid in decision-making.
See More
31st EnerCom Denver Energy Investment Conference Set for August 2026
- Conference Scale Expansion: The 31st EnerCom Denver Energy Investment Conference is scheduled for August 17-19, 2026, at the Westin Denver Downtown, expecting to attract over 1,000 industry professionals and investors, further solidifying its status as the largest independent investor conference globally.
- Rich Investment Opportunities: The conference will feature presentations from over 70 companies across oil, gas, and energy transition sectors, providing investors with direct access to executives, facilitating informed investment decisions.
- Innovation Technology Showcase: The conference will include an Energy Transition and Emerging Technology session, inviting start-ups to deliver quick investment pitches focused on alternative energy, advanced oil and gas technology, and environmental sustainability, promoting industry innovation and growth.
- Charity Event Integration: A charity golf tournament will be held during the conference, requiring a $150 donation to participate, with proceeds benefiting inclusive higher education, demonstrating EnerCom's commitment to social responsibility.
See More
RioCan Real Estate Investment Trust Declares Monthly Dividend
- Dividend Declaration: RioCan Real Estate Investment Trust has declared a monthly dividend of CAD 0.0965 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
- Payment Date: The dividend will be payable on April 8 for shareholders of record as of March 31, ensuring consistent returns for investors and bolstering shareholder confidence.
- Ex-Dividend Date: The ex-dividend date is set for March 31, meaning investors must hold shares before this date to qualify for the dividend, which may attract more long-term investors.
- Dividend Growth Potential: RioCan's dividend performance aligns with its historical earnings data, demonstrating the company's ongoing growth potential in the real estate market, which could appeal to income-seeking investors.
See More
