Exhibit 99.1 RING ENERGY ANNOUNCES SECOND QUARTER 2024 RESULTS, PROVIDES GUIDANCE FOR THIRD QUARTER AND UPDATES FULL YEAR 2024 OUTLOOK ~ Q2 2024 Highlighted by Record Oil and Total Production and Cash Flow Generation ~ ~ Increased Full Year 2024 Guidance Reflects Record First Half Results and Strong Outlook ~ The Woodlands, TX – August 6, 2024 – Ring Energy, Inc. (NYSE American: REI) ("Ring" or the "Company") today reported operational and financial results for second quarter 2024 and provided an improved o ...

Ring Energy (REI) came out with quarterly earnings of $0.12 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this independent oil and gas company would post earnings of $0.14 per share when it actually produced earnings of $0.10, delivering a surprise of -28.57%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Rin ...

Table of Contents United States Securities and Exchange Commission Washington, D.C. 20549 Form 10-Q x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 o Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to ______ Commission file number 001-36057 Ring Energy, Inc. (Exact name of registrant as specified in its charter) Nevada 90-0406406 (State or othe ...

THE WOODLANDS, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) ("Ring" or the "Company") today reported operational and financial results for second quarter 2024 and provided an improved outlook for the third quarter and full year. Second Quarter 2024 Highlights Produced sales of 13,623 barrels of oil per day ("Bo/d"), representing a 2% increase over the first quarter of 2024; Sold record total volumes of 19,786 barrels of oil equivalent per day ("Boe/d") (69% oil), which was ...

THE WOODLANDS, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) ("Ring" or the "Company") today reported operational and financial results for second quarter 2024 and provided an improved outlook for the third quarter and full year. Second Quarter 2024 Highlights Produced sales of 13,623 barrels of oil per day ("Bo/d"), representing a 2% increase over the first quarter of 2024; Sold record total volumes of 19,786 barrels of oil equivalent per day ("Boe/d") (69% oil), which was ...

THE WOODLANDS, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) ("Ring" or the "Company") today announced a management team update, including the addition of a new senior executive. Mr. Phillip Feiner has joined Ring as Vice President, General Counsel. With more than 25 years of energy industry experience, including with both public and private companies, Mr. Feiner is responsible for leading Ring's legal and human resources efforts. Mr. Paul D. McKinney, Chairman of the Board ...

Ring plans to issue its second quarter 2024 earnings release after the close of trading on Tuesday, August 6, 2024. The Company has scheduled a conference call on Wednesday, August 7, 2024 at 11:00 a.m. central to discuss its second quarter 2024 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Second Quarter 2024 Earnings Conference Call". International callers may participate b ...

Ring plans to issue its second quarter 2024 earnings release after the close of trading on Tuesday, August 6, 2024. The Company has scheduled a conference call on Wednesday, August 7, 2024 at 11:00 a.m. central to discuss its second quarter 2024 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the "Ring Energy Second Quarter 2024 Earnings Conference Call". International callers may participate b ...

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. One company to watch right now is Ring Energy (REI) . REI is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 3.60 right now. For comparison, its industry sport ...

bjdlzx Review Of Founders Acquisition Ring Energy Founders Acquisition Cost And Benefits Summary (Ring Energy Founders Acquisition Presentation July 11, 2023) Production Mix Ring Energy Production Mix History (Ring Energy Corporate Presentation First Quarter Earnings May 2024) Drilling Strategy Ring Energy Latest Drilling Results (Ring Energy Corporate Presentation First Quarter Earnings May 2024) Outlook Change itioned for Success in 2024 & Beyond One of the things that happened with the Stronghold acquisi ...