Ring Energy Inc (REI) Posts Record Q4 and Full-Year 2023 Results [Yahoo! Finance]
Ring Energy, Inc. (REI)
NASDAQ:AMEX Investor Relations:
ringenergy.com
Company Research
Source: Yahoo! Finance
Net Income Growth: Q4 net income reached $50.9 million, with full-year net income at $104.9 million. Adjusted EBITDA: Achieved record Q4 Adjusted EBITDA of $65.4 million, a 12% increase from Q3, and a 21% year-over-year growth to $236.0 million. Cost Reduction: All-in Q4 cash operating costs decreased by 4% from Q3, contributing to a 6% full-year reduction. Debt Reduction: Paid down $3.0 million of debt in Q4 and $30.0 million since the Founders Acquisition in August 2023. Proved Reserves: Ended 2023 with 129.8 MMBoe in proved reserves and a PV-10 of $1.6 billion. Capital Expenditures: Full-year capital expenditures totaled $152.0 million, funding the drilling and completion of 31 wells. Warning! GuruFocus has detected 4 Warning Signs with REI. On March 7, 2024, Ring Energy Inc ( REI ) released its 8-K filing , announcing record operational and financial results for the fourth quarter and full year 2023. The independent exploration and production company, operating prim
Show less
Read more
Impact Snapshot
Event Time:
REI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
REI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
REI alerts
High impacting Ring Energy, Inc. news events
Weekly update
A roundup of the hottest topics
REI
News
- Ring Energy Announces Timing of First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Ring Energy Announces Timing of First Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- Ring Energy: The Transition Continues [Seeking Alpha]Seeking Alpha
- Ring Energy Announces Participation in Water Tower Research Fireside Chat Event on March 26, 2024 [Yahoo! Finance]Yahoo! Finance
- Ring Energy Announces Participation in Water Tower Research Fireside Chat Event on March 26, 2024GlobeNewswire
REI
Earnings
- 3/7/24 - Miss
REI
Sec Filings
- 4/19/24 - Form 8-K
- 4/16/24 - Form DEF
- 3/8/24 - Form 4
- REI's page on the SEC website