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Stock impact report

Ring Energy: The Game Continues [Seeking Alpha]

Ring Energy, Inc. (REI) 
NASDAQ:AMEX Investor Relations: ringenergy.com
Company Research Source: Seeking Alpha
Falling capex and operational cost reductions have helped maintain free cash flow. While liquidity remains tight, lenders appear (at least somewhat) confident in REI's improving ability to service debt at lower commodity prices. The Lime Rock acquisition should be paid for in the first half of the next fiscal year under current assumptions. TheKaran/iStock via Getty Images Ring Energy, Inc. ( REI ) has long engaged in a "game" to climb out of the debt straitjacket it found itself in after fiscal year 2020. Like many small companies I followed, there had been a conservative acquisition that More on my IG service I analyze oil and gas companies like Ring Energy and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Va Show less Read more
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