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Stock impact report

Ring Energy: Debt Ratio Climbs As Costs Decline [Seeking Alpha]

Ring Energy, Inc. (REI) 
NASDAQ:AMEX Investor Relations: ringenergy.com
Company Research Source: Seeking Alpha
Cost reductions are being implemented rapidly to address the debt ratio. REI has relied on acquisitions to boost production and achieve operational efficiencies. Concerns about future patience from investors and lenders are being raised. This company is doing exactly what it has to do to survive. This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More » TheKaran/iStock via Getty Images Ring Energy ( NYSE: REI ) has dealt with debt issues ever since the market changed the rules. The improvement in the debt situation using the "new rules" since fiscal year 2020 has been gradual. But that improving debt ratio has been This article was written by Long Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. Analyst's Disclosure: I/we have a ben Show less Read more
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