PART I – FINANCIAL INFORMATION [Financial Statements](index=5&type=section&id=Item%201.%20Financial%20Statements.) This section presents Ring Energy's unaudited condensed financial statements, including balance sheets, operations, and cash flows, reflecting significant increases in assets, liabilities, revenue, and net income Condensed Balance Sheet Highlights (Unaudited) | Account | September 30, 2022 | December 31, 2021 | | :--- | :--- | :--- | | **Total Current Assets** | $65,220,674 | $29,806,963 | | **Net Properties and Equipment** | $1,154,442,848 | $651,359,647 | | **Total Assets** | **$1,251,310,893** | **$684,157,329** | | **Total Current Liabilities** | $126,730,345 | $76,668,730 | | **Revolving line of credit** | $435,000,000 | $290,000,000 | | **Total Liabilities** | $607,281,499 | $383,533,122 | | **Total Stockholders' Equity** | $506,170,948 | $300,624,207 | Condensed Statements of Operations Highlights (Unaudited) | Metric | Three Months Ended Sep 30, 2022 | Three Months Ended Sep 30, 2021 | Nine Months Ended Sep 30, 2022 | Nine Months Ended Sep 30, 2021 | | :--- | :--- | :--- | :--- | :--- | | **Revenues** | $94,408,948 | $49,376,176 | $247,551,855 | $136,638,810 | | **Income from Operations** | $53,571,866 | $24,387,015 | $145,910,111 | $63,886,783 | | **Net Income (Loss)** | $75,085,891 | $14,163,934 | $124,142,356 | $(20,789,318) | | **Diluted Earnings (Loss) per share** | $0.49 | $0.12 | $0.92 | $(0.21) | Condensed Statements of Cash Flows Highlights (Unaudited) | Cash Flow Activity | Nine Months Ended Sep 30, 2022 | Nine Months Ended Sep 30, 2021 | | :--- | :--- | :--- | | **Net Cash Provided by Operating Activities** | $133,335,223 | $49,523,439 | | **Net Cash Used in Investing Activities** | $(268,346,299) | $(33,869,724) | | **Net Cash Provided by (Used in) Financing Activities** | $133,493,327 | $(17,185,403) | | **Net Change in Cash** | $(1,517,749) | $(1,531,688) | - Beginning July 1, 2022, the Company began reporting on a three-stream basis (crude oil, natural gas, and NGLs), a change from its previous two-stream (oil and natural gas) reporting, necessitated by the Stronghold Acquisition[65](index=65&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=31&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the significant impact of the Stronghold acquisition, the company's strategy for growth and debt reduction, and the substantial revenue growth driven by higher commodity prices and increased production volumes - On August 31, 2022, the company completed the acquisition of Stronghold assets for approximately **$395.7 million**, funded by borrowings under an expanded credit facility[148](index=148&type=chunk)[149](index=149&type=chunk) - The company's business strategy focuses on growing production and reserves, reducing long-term debt using free cash flow, employing industry-leading drilling techniques, and pursuing strategic acquisitions[150](index=150&type=chunk)[155](index=155&type=chunk)[156](index=156&type=chunk)[157](index=157&type=chunk) Q3 2022 vs. Q3 2021 Operational and Financial Comparison | Metric | Q3 2022 | Q3 2021 | Change | | :--- | :--- | :--- | :--- | | **Total Revenue** | $94.4M | $49.4M | +91% | | **Net Income** | $75.1M | $14.2M | +430% | | **Total Production (Boe)** | 1,221,616 | 758,387 | +61% | | **Average Oil Price (/Bbl)** | $92.64 | $69.61 | +33% | | **Lease Operating Expense (/Boe)** | $10.67 | $9.21 | +18% | | **G&A Expense** | $7.4M | $4.4M | +68% | - The company's borrowing base under its credit facility increased from **$350 million to $600 million** in conjunction with the Stronghold acquisition, with **$435 million** outstanding as of September 30, 2022[165](index=165&type=chunk)[203](index=203&type=chunk) - The company actively manages commodity price risk through derivative contracts, with extensive oil and natural gas hedges in place through 2024[160](index=160&type=chunk)[161](index=161&type=chunk)[162](index=162&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=43&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) This section outlines the company's primary market risks, including commodity price volatility, interest rate fluctuations, and customer credit risk, and how they are managed - The company is exposed to interest rate risk on its **$435 million** of outstanding variable-rate debt, where a **1% change** would impact annualized interest expense by approximately **$4.4 million**[231](index=231&type=chunk) - Commodity price volatility is the company's major market risk exposure, managed through crude oil and natural gas price hedging arrangements for a portion of expected production[233](index=233&type=chunk)[235](index=235&type=chunk) - Significant customer credit risk exists, with Phillips 66 and NGL Crude accounting for **69% and 14%** of oil and gas revenues, respectively, for the nine months ended September 30, 2022[237](index=237&type=chunk) [Controls and Procedures](index=44&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that the company's disclosure controls and procedures were effective as of September 30, 2022, with no material changes to internal control over financial reporting during the quarter - The principal executive officer and principal financial officer concluded that the company's disclosure controls and procedures were effective as of the end of the period covered by the report[240](index=240&type=chunk) - There were no changes in internal control over financial reporting during the nine months ended September 30, 2022, that have materially affected, or are reasonably likely to materially affect, internal controls[243](index=243&type=chunk) PART II – OTHER INFORMATION [Legal Proceedings](index=45&type=section&id=Item%201.%20Legal%20Proceedings) The company may be subject to legal actions in the normal course of business and maintains insurance coverage, with no specific ongoing proceedings detailed - The company may be subject to legal actions in the normal course of business and maintains insurance coverage it believes is prudent, incorporating by reference information from its 2021 Form 10-K[246](index=246&type=chunk) [Risk Factors](index=45&type=section&id=Item%201A.%20Risk%20Factors) This section updates risk factors, highlighting new risks from the Stronghold acquisition, including potential stock price depression from share sales, significant indebtedness, and restrictions on dividend payments - A new risk is the potential for a large sale of the **63,888,878 shares** (approximately **37%** of outstanding stock) registered for resale by former Stronghold stockholders, which could depress the market price of the company's common stock[248](index=248&type=chunk) - The company has significant indebtedness, with **$435 million** outstanding on its **$600 million** credit facility as of September 30, 2022, which could limit future financing and increase vulnerability to adverse conditions[249](index=249&type=chunk)[251](index=251&type=chunk) - The company does not currently pay cash dividends on its common stock and intends to retain future earnings, with its credit agreement also containing restrictions on dividend payments[251](index=251&type=chunk)[252](index=252&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=46&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) This section incorporates by reference the disclosure from a Form 8-K regarding unregistered sales of equity securities related to the Stronghold acquisition - Information regarding unregistered sales of equity securities was previously reported in a Form 8-K dated August 30, 2022, and is incorporated by reference[253](index=253&type=chunk) [Defaults Upon Senior Securities](index=46&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reports no defaults upon senior securities during the period - None[254](index=254&type=chunk) [Mine Safety Disclosure](index=46&type=section&id=Item%204.%20Mine%20Safety%20Disclosure) The company reports no applicable mine safety disclosures for its operations - None[255](index=255&type=chunk) [Other Information](index=46&type=section&id=Item%205.%20Other%20Information) The company reports no other information to disclose for the period - None[256](index=256&type=chunk) [Exhibits](index=46&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including CEO/CFO certifications and XBRL interactive data files - The report includes certifications from the CEO and CFO under Rule 13a-14(a) and Section 1350, as well as XBRL data files[257](index=257&type=chunk)

Financial Data and Key Metrics Changes - The company reported record-setting sales revenue and adjusted EBITDA, with adjusted EBITDA increasing by 33% compared to the first quarter of 2022 [12] - Free cash flow generation continued for the eleventh consecutive quarter, with an additional $10 million in debt reduction [12] - Net income for the second quarter was $41.9 million, or $0.32 per diluted share, compared to $7.1 million, or $0.06 per diluted share in the first quarter [33] Business Line Data and Key Metrics Changes - Sales volumes for the quarter were 9,341 barrels of oil equivalent per day, over 5% higher than the first quarter [13] - The company drilled nine wells and completed seven wells during the second quarter, focusing on the Northwest shelf acreage [14][15] - Lease operating expenses per BOE were 13% lower than the first quarter due to lower costs and higher production [17] Market Data and Key Metrics Changes - Realized pricing for the second quarter was $109.24 per barrel and $7.29 per MCF, compared to $93.80 per barrel and $6.49 per MCF in the first quarter [25] - The average oil price differential from NYMEX WTI was a positive $0.81 per barrel in the second quarter, compared to a negative $0.90 per barrel in the first quarter [26] - Natural gas price differential from Henry Hub was a negative $0.23 per MCF in the second quarter, compared to a positive differential of $1.81 per MCF in the first quarter [27] Company Strategy and Development Direction - The company plans to close the acquisition of Stronghold Energy, which is expected to nearly double production and diversify the commodity mix [10][44] - The acquisition is anticipated to improve leverage ratios and cash flow per share, allowing for faster debt repayment and potential returns to shareholders [45][46] - The company aims to optimize capital efficiency, achieving production growth for fewer dollars, thus allowing excess cash to be allocated to debt repayment and shareholder returns [45][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued production and operating cash flow growth throughout 2022, assuming stable commodity prices [42] - The company has factored in rising costs into its forecasts and has been accurate in its projections thus far [54] - Future capital spending is expected to be less than previous estimates, with a focus on optimizing capital allocation while meeting growth expectations [82] Other Important Information - The company ended the second quarter with $81.5 million in liquidity, a 33% increase from the end of 2021 [21] - The full-year capital spending guidance remains unchanged at $120 million to $140 million [20] Q&A Session Summary Question: Overview on services and materials cost for the second half of 2022 - Management indicated that they have factored in rising prices into their forecasts and have been fairly accurate in their projections [54] Question: Productivity expectations between Stronghold new well inventory versus recompletion inventory - New wells are expected to bring more production, while recompletions are targeted more for managing decline rates [55][56] Question: Status of rig outlook with Stronghold properties combined - No changes to the existing program have been decided yet, and further evaluation will occur post-acquisition [60] Question: GTP costs and their future accounting treatment - GTP costs will no longer be an expense line item but will be reflected as a reduction to the natural gas sales price [62] Question: Warburg Pincus ownership stake and future value creation - Management believes Warburg Pincus sees potential for greater value creation through the combined assets [65] Question: Leverage ratio before considering shareholder returns - The new credit facility will allow for potential dividends or stock buybacks, with the earliest possibility being 12 months post-acquisition [68][69] Question: Capital allocation for Stronghold assets - Management confirmed that some capital will be allocated to Stronghold assets, as they are considered strong opportunities [75][76]

ABING Q2 2022 Earnings VALUE FOCUSED PROVEN STRATEGY www.ringenergy.com NYSE American: REI Forward-Looking Statements and Cautionary Note Regarding Hydrocarbon Disclosures Forward –Looking Statements This Presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of strictly histori ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2022 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36057 RING ENERGY, INC. (Exact Name of registrant as specified in its charter) Nevada 90-0406406 (State or other jurisdiction of incorporation or organizatio ...

VALUE FOCUSED PROVEN STRATEGY May 11, 2022 www.ringenergy.com NYSE American: REI Forward-Looking Statements and Cautionary Note Regarding Hydrocarbon Disclosures Forward –Looking Statements This Presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of strictly historical facts ...

Financial Data and Key Metrics Changes - First quarter sales volumes were 8,870 barrels of oil equivalent per day, exceeding guidance by almost 2% [11] - Adjusted EBITDA grew by almost 50% compared to the fourth quarter, reaching approximately $36 million [13] - Free cash flow generated was almost $13 million, with $10 million used to pay down debt, resulting in liquidity of $71 million, a 16% increase from the end of 2021 [15][30] - Net income for the first quarter was $7.1 million or $0.06 per diluted share, with adjusted net income at $22.3 million or $0.22 per share [29] Business Line Data and Key Metrics Changes - Sold 676,000 barrels of oil and 732,000 Mcf of natural gas in the first quarter, totaling 798,000 Boe, compared to 842,000 Boe in the fourth quarter [23] - Realized pricing for the first quarter was $93.80 per barrel and $6.49 per Mcf, leading to first quarter revenues of $68.2 million, a 14% increase from the fourth quarter [25] Market Data and Key Metrics Changes - Average oil price differential from NYMEX WTI was a negative $0.90 per barrel for the first quarter, compared to negative $1.12 in the fourth quarter [24] - Average natural gas price differential from Henry Hub was a positive $1.81 per Mcf for the first quarter, slightly down from $1.85 in the fourth quarter [25] Company Strategy and Development Direction - The company plans to implement a continuous one rig drilling program throughout 2022, targeting high return inventory across Central Basin Platform and Northwest Shelf [16][17] - The capital spending for 2022 is projected between $120 million to $140 million, including drilling and completion of 25 to 33 wells [33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong commodity price outlook and its impact on revenue and cash flow for the remainder of the year [10] - The company aims to reduce its leverage ratio to below 2x by the end of 2022, improving from just under 3.5x at the end of 2021 [39] Other Important Information - The company has secured casing supplies through October and is managing sand supply issues effectively [45] - The company is experiencing inflationary pressures on service costs, particularly for steel and labor, but has not faced significant supply disruptions [44][75] Q&A Session Summary Question: Are there any supply chain challenges affecting operations? - Management confirmed no supply disruptions but acknowledged significant inflationary pressures on costs [44] Question: What is the leverage target for potential rig additions or market transactions? - Management stated that cash flows need to be balanced with capital spending and debt reduction before considering additional rigs [46] Question: How do the Central Basin Platform and Northwest Shelf compare in terms of returns? - Management indicated that returns from both areas are closely comparable, with Central Basin Platform wells performing well [52] Question: Are there any issues with scheduling frac teams? - Management reported successful scheduling and coordination with completion service companies, exceeding planned timelines [70] Question: How are labor costs and service utilization affecting operations? - Management noted rising labor costs and full utilization of services, impacting efficiency and costs [75][78]

[PART I – FINANCIAL INFORMATION](index=5&type=section&id=PART%20I%20%E2%80%93%20FINANCIAL%20INFORMATION) This section provides the unaudited condensed consolidated financial information for Ring Energy, Inc., including financial statements and management's discussion and analysis [Financial Statements](index=5&type=section&id=Item%201.%20Financial%20Statements.) This section presents Ring Energy, Inc.'s unaudited condensed consolidated financial statements for Q1 2022, showing a net income turnaround driven by higher revenues despite derivative losses [Condensed Balance Sheets](index=7&type=section&id=CONDENSED%20BALANCE%20SHEETS) Total assets increased to $704.1 million by March 31, 2022, driven by oil and gas properties, while liabilities rose due to derivative contracts Condensed Balance Sheet Summary | Account | March 31, 2022 | December 31, 2021 | | :--- | :--- | :--- | | **Total Current Assets** | $39,409,380 | $29,806,963 | | **Net Properties and Equipment** | $661,921,493 | $651,359,647 | | **Total Assets** | **$704,054,538** | **$684,157,329** | | **Total Current Liabilities** | $97,760,186 | $76,668,730 | | Revolving line of credit | $280,000,000 | $290,000,000 | | **Total Liabilities** | **$394,796,378** | **$383,533,122** | | **Total Stockholders' Equity** | **$309,258,160** | **$300,624,207** | - Derivative liabilities increased significantly to **$42.7 million** from **$29.2 million** at the end of the previous year[20](index=20&type=chunk) [Condensed Statements of Operations](index=8&type=section&id=CONDENSED%20STATEMENTS%20OF%20OPERATIONS) Q1 2022 saw a net income of $7.1 million, a significant improvement from a prior-year loss, driven by a 73% revenue increase despite derivative contract losses Condensed Statements of Operations Summary | Metric | Q1 2022 | Q1 2021 | | :--- | :--- | :--- | | Oil and Natural Gas Revenues | $68,181,032 | $39,502,532 | | Income from Operations | $38,185,297 | $16,264,515 | | (Loss) on derivative contracts | $(27,596,141) | $(31,588,639) | | **Net Income (Loss)** | **$7,112,043** | **$(19,066,093)** | | **Diluted Earnings (Loss) per share** | **$0.06** | **$(0.19)** | [Condensed Statements of Stockholders' Equity](index=9&type=section&id=CONDENSED%20STATEMENTS%20OF%20STOCKHOLDERS%27%20EQUITY) Stockholders' equity increased by $8.6 million to $309.3 million in Q1 2022, primarily due to net income and share-based compensation - Stockholders' equity increased from **$300.6 million** at Dec 31, 2021, to **$309.3 million** at March 31, 2022, driven by net income and share-based compensation[25](index=25&type=chunk) [Condensed Statements of Cash Flows](index=10&type=section&id=CONDENSED%20STATEMENTS%20OF%20CASH%20FLOWS) Net cash from operations increased to $24.4 million in Q1 2022, with $14.2 million used in investing and $10.5 million in financing activities, including debt paydown Condensed Statements of Cash Flows Summary | Cash Flow Activity | Q1 2022 | Q1 2021 | | :--- | :--- | :--- | | Net Cash Provided by Operating Activities | $24,439,765 | $15,687,684 | | Net Cash (Used in) Investing Activities | $(14,222,711) | $(10,177,370) | | Net Cash (Used in) Financing Activities | $(10,486,159) | $(7,388,438) | | **Net Change in Cash** | **$(269,105)** | **$(1,878,124)** | - The company made a net repayment of **$10 million** on its revolving line of credit during the quarter[28](index=28&type=chunk) [Notes to Condensed Financial Statements](index=12&type=section&id=NOTES%20TO%20CONDENSED%20FINANCIAL%20STATEMENTS) Notes detail accounting methods, significant customer concentration, derivative losses, credit facility terms, and share-based compensation - The company's oil and gas sales are dependent on prevailing prices, which have been volatile. The company uses hedges to mitigate some of this risk[32](index=32&type=chunk)[35](index=35&type=chunk) - For Q1 2022, sales to three customers represented **70%**, **13%**, and **5%** of total oil and gas revenues, indicating significant customer concentration[44](index=44&type=chunk) - The company's credit facility has a borrowing base of **$350 million**, which was reaffirmed in December 2021. As of March 31, 2022, **$280 million** was outstanding[97](index=97&type=chunk)[99](index=99&type=chunk) - In April 2022, subsequent to the quarter end, **6,453,907** pre-funded common warrants were exercised, resulting in the issuance of an equivalent number of common stock shares[115](index=115&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=23&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses Q1 2022 financial performance, highlighting a 73% revenue increase, business strategy, operational results, liquidity, and hedging [Overview and Business Strategy](index=23&type=section&id=Overview%20and%20Business%20Strategy) Ring Energy's strategy focuses on increasing stockholder value through production growth, debt reduction via free cash flow, advanced drilling, and strategic acquisitions - The company plans to drill **25 to 33** horizontal wells and complete **25 to 30** in 2022 across its Northwest Shelf and Central Basin Platform assets[119](index=119&type=chunk) - A key strategic goal is the reduction of long-term debt through free cash flow from operations and potential non-core asset sales. The company paid down **$10 million** of debt in Q1 2022[119](index=119&type=chunk) [Results of Operations](index=24&type=section&id=Results%20of%20Operations) Q1 2022 revenues rose to $68.2 million, driven by higher oil prices and production, resulting in a $7.1 million net income despite derivative losses and increased operating expenses Production and Pricing Summary | Metric | Q1 2022 | Q1 2021 | | :--- | :--- | :--- | | Oil Volume (Bbls) | 676,215 | 610,121 | | Average Oil Price (per Bbl) | $93.80 | $58.00 | | Total Production (Boe) | 798,262 | 716,422 | | Average Price (per Boe) | $85.41 | $55.14 | - Lease operating expenses (LOE) per Boe decreased by **2%** to **$11.22**, despite a **9%** increase in total LOE, due to higher production volumes[126](index=126&type=chunk) - General and administrative expenses increased to **$5.5 million** from **$2.9 million** YoY, primarily due to a **$1.2 million** increase in share-based compensation and higher salaries, insurance, and legal costs[134](index=134&type=chunk) - The total loss on derivative contracts was **$27.6 million**, consisting of a **$14.1 million** realized cash loss and a **$13.5 million** unrealized non-cash loss[123](index=123&type=chunk)[136](index=136&type=chunk) [Capital Resources and Liquidity](index=27&type=section&id=Capital%20Resources%20and%20Liquidity) Liquidity is sourced from operations, cash, and a $350 million credit facility, with $70 million available as of March 31, 2022, focusing on debt reduction and capital expenditures - As of March 31, 2022, the company had **$280 million** outstanding on its credit facility, with a total borrowing base of **$350 million**[146](index=146&type=chunk) - The company is compliant with all financial covenants, including a Leverage Ratio of not more than **4.0 to 1.0** and a Current Ratio of at least **1.0 to 1.0**[146](index=146&type=chunk) Oil Derivative Contracts (Swaps) for 2022 | Oil Derivative Contracts (Swaps) for 2022 | Barrels per day | Weighted Avg. Swap Price ($) | | :--- | :--- | :--- | | Existing Swaps (Jan-Dec) | 3,129 | ~$47.30 | | New Swaps (Feb-Dec) | 1,000 | $84.61 | | **Total Hedged (Feb-Dec)** | **4,129** | **~$55.53** | [Quantitative and Qualitative Disclosures About Market Risk](index=30&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Primary market risks include volatile commodity prices, interest rate fluctuations on variable debt, and significant customer credit concentration, partially mitigated by hedging - A **1%** change in interest rates would result in a **$2.8 million** annualized change in interest expense on the **$280 million** of debt outstanding under the Credit Facility[172](index=172&type=chunk) - The company's major market risk is the pricing of its oil and natural gas production, which is volatile and unpredictable. The company uses hedging to reduce this uncertainty[174](index=174&type=chunk)[176](index=176&type=chunk) - Significant customer credit risk exists, with three customers (Phillips 66, NGL Crude, and BP) accounting for **70%**, **13%**, and **5%** of revenues, respectively, for the three months ended March 31, 2022[178](index=178&type=chunk) [Controls and Procedures](index=31&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded disclosure controls and procedures were effective as of March 31, 2022, with no material changes to internal controls during Q1 - Management, including the principal executive and financial officers, concluded that the company's disclosure controls and procedures were effective as of March 31, 2022[181](index=181&type=chunk) - No changes occurred in internal control over financial reporting during Q1 2022 that have materially affected, or are reasonably likely to materially affect, these controls[184](index=184&type=chunk) [PART II – OTHER INFORMATION](index=32&type=section&id=PART%20II%20%E2%80%93%20OTHER%20INFORMATION) This section covers other required disclosures, including legal proceedings, risk factors, and various other standard items [Legal Proceedings](index=32&type=section&id=Item%201.%20Legal%20Proceedings) The company reports no material pending legal proceedings outside the ordinary course of business - The company is not currently subject to any material legal proceedings outside the ordinary course of business[187](index=187&type=chunk) [Risk Factors](index=32&type=section&id=Item%201A.%20Risk%20Factors) No material changes to the risk factors previously disclosed in the company's 2021 Form 10-K have occurred - There have been no material changes to the risk factors previously disclosed in the company's 2021 Form 10-K[188](index=188&type=chunk) [Other Items (Items 2, 3, 4, 5, 6)](index=32&type=section&id=Other%20Items) This section confirms no unregistered equity sales, no defaults, no mine safety disclosures, and lists exhibits filed with the 10-Q - The company reported "None" for Item 2 (Unregistered Sales of Equity Securities), Item 3 (Defaults Upon Senior Securities), Item 4 (Mine Safety Disclosures), and Item 5 (Other Information)[189](index=189&type=chunk)[190](index=190&type=chunk)[192](index=192&type=chunk)[193](index=193&type=chunk)

VALUE FOCUSED PROVEN STRATEGY March 17, 2022 www.ringenergy.com NYSE American: REI Forward-Looking Statements and Cautionary Note Regarding Hydrocarbon Disclosures Forward –Looking Statements This Presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of strictly historical fact ...

Ring Energy, Inc. (NYSE:REI) Q4 2021 Earnings Conference Call March 17, 2022 11:00 AM ET Corporate Participants Al Petrie - Investor Relations Paul McKinney - Chairman and Chief Executive Officer Travis Thomas - Chief Financial Officer Conference Call Participants Jeffrey Campbell - Alliance Global Partners Noel Parks - Tuohy Brothers Neal Dingmann - Truist Securities Dennis Richter - Private Investor Operator Good morning, and welcome to the Ring Energy Year End 2021 Earnings Conference Call. All participa ...

Or Table of Contents (Mark One) United States Securities and Exchange Commission Washington, D.C. 20549 ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Form 10-K For the fiscal year ended December 31, 2021 Commission file number 001-36057 Ring Energy, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 1725 Hughes Landing Blvd. Suite 900 The Woodlands, TX 77380 (Address of principal executive office ...