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Company Profile Management's primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow. Ring Energy, Inc. (NYSE MKT: REI) is a Texas-based oil and gas exploration, development and production company with current operations in Texas and Kansas. Founded in 2012, the experienced management team has aggressively sought to acquire select properties in their "back yard" which provides immediate positive cash flow and development opportunities for future years. As of 12/31/13, the company has, through exploitation and acquisitions, increased their proven reserves to an estimated 7.2 million BOE's (barrel of oil equivalents) and an estimated $198 million* in PV-10 (future net revenues discounted 10%). Ring Energy's management understands what is required to build an oil an gas company from the ground up, having successfully done so on more than one occasion. With over 100 years of combined experience in the oil and gas industry, coupled with new technological advancements, careful geological evaluation in reservoir engineering, Ring has the components in place to build a profitable and successful program.

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Ticker REI
Revenue $120 million
Employees 69 (66 on RocketReach)
Founded 1983
Address 1725 Hughes Landing Suite 900, The Woodlands, Texas 77429, US
Phone (432) 682-7464
JavaScript, HTML, PHP +21 more (view full list)
Category Oil and Gas, Oil & Gas Exploration & Services, Energy, Energy, Utilities & Waste Treatment, Natural Resources
Web Rank 8 Million
Keywords ring energy, ring energy inc, ring energy, inc., oil and gas companies in midland tx
Competitors Concho, Forge Energy II, Parsley Energy, Unit Corporation, Vital Energy
SIC 131, 13
NAICS 211, 21, 2111, 21112

Ring Energy, Inc. Questions

The Ring Energy, Inc. annual revenue was $120 million in 2023.

Paul McKinney is the Chief Executive Officer and Chairman of the Board of Ring Energy, Inc..

66 people are employed at Ring Energy, Inc..

Ring Energy, Inc. is based in The Woodlands, Texas.

The NAICS codes for Ring Energy, Inc. are [211, 21, 2111, 21112].

The SIC codes for Ring Energy, Inc. are [131, 13].

Top Ring Energy, Inc. Employees

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