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Ring Energy to Participate in Water Tower Research Fireside Chat on April 1, 2025
REIRing Energy(REI) GlobeNewswire·2025-03-27 20:45

Core Viewpoint - Ring Energy, Inc. is actively engaging with investors through a fireside chat to discuss its recent 100millionacquisitionanditsimplicationsforthecompanysfutureoutlookin2025andbeyond[2][5].Group1:AcquisitionDetailsThecompanyannounceda100-million acquisition and its implications for the company's future outlook in 2025 and beyond [2][5]. Group 1: Acquisition Details - The company announced a 100-million acquisition of producing assets located on the Central Basin Platform of the Permian Basin [2]. - The acquisition is expected to significantly impact Ring's conventional asset base in the Permian Basin [5]. Group 2: Financial Implications - The discussion will cover the funding aspects of the acquisition and its effect on Ring's financial scale [5]. - The economic tradeoff between acquiring production versus drilling in the current commodity and cost environment will be analyzed [5]. Group 3: Strategic Focus - The company aims to maximize free cash flow to strengthen its balance sheet as part of its strategic approach [5]. - The fireside chat will be led by Jeff Robertson, Managing Director at Water Tower Research, with participation from Paul McKinney, Ring's Chairman and CEO [2].