Ring Energy Files 8-K on Operations and Financials
Ticker: REI · Form: 8-K · Filed: Mar 8, 2024 · CIK: 1384195
| Field | Detail |
|---|---|
| Company | Ring Energy, Inc. (REI) |
| Form Type | 8-K |
| Filed Date | Mar 8, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-results, operations, sec-filing
TL;DR
Ring Energy dropped an 8-K detailing its financials and operations - check it for the latest.
AI Summary
Ring Energy, Inc. filed an 8-K on March 7, 2024, reporting on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements and exhibits. The company, formerly known as Transglobal Mining Corp. and Blanca Corp., is incorporated in Nevada and headquartered in The Woodlands, Texas.
Why It Matters
This filing provides crucial updates on Ring Energy's financial performance and operational status, which are essential for investors to assess the company's current health and future prospects.
Risk Assessment
Risk Level: low — This is a routine 8-K filing providing standard financial and operational updates, not indicating any immediate or significant new risks.
Key Players & Entities
- RING ENERGY, INC. (company) — Filer
- Transglobal Mining Corp. (company) — Former Company Name
- Blanca Corp. (company) — Former Company Name
- March 7, 2024 (date) — Date of Report
FAQ
What specific financial results are detailed in this 8-K filing?
The filing indicates it covers 'Results of Operations and Financial Condition' but does not provide specific figures within the provided text.
What other types of information are included in this 8-K filing besides financial results?
The filing also includes 'Regulation FD Disclosure' and 'Financial Statements and Exhibits'.
When was Ring Energy, Inc. previously known by other names?
Ring Energy, Inc. was formerly known as Transglobal Mining Corp. (name change on 20070425) and Blanca Corp. (name change on 20061220).
Where is Ring Energy, Inc. headquartered?
Ring Energy, Inc. is headquartered in The Woodlands, Texas, with a business address at 1725 Hughes Landing Blvd., Suite 900.
What is the SIC code for Ring Energy, Inc.?
The Standard Industrial Classification (SIC) code for Ring Energy, Inc. is 1311, which corresponds to Crude Petroleum & Natural Gas.
Filing Stats: 852 words · 3 min read · ~3 pages · Grade level 10.9 · Accepted 2024-03-08 16:24:14
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value REI NYSE American Indicat
Filing Documents
- rei-20240307.htm (8-K) — 33KB
- q42023pressrelease.htm (EX-99.1) — 885KB
- reiq42023irdeck.htm (EX-99.2) — 80KB
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- 0001628280-24-009990.txt ( ) — 8626KB
- rei-20240307.xsd (EX-101.SCH) — 2KB
- rei-20240307_lab.xml (EX-101.LAB) — 22KB
- rei-20240307_pre.xml (EX-101.PRE) — 13KB
- rei-20240307_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On March 7, 2024, Ring Energy, Inc. (the "Company") issued a press release announcing its financial and operating results for the fourth quarter and year ended December 31, 2023. A copy of the press release is furnished herewith as Exhibit 99.1. The information in this Current Report on Form 8-K furnished pursuant to Item 2.02, including Exhibit 99.1, shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liability under that section, and they shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On March 8, 2024, the Company posted to its website a company presentation (the "Presentation Materials") that management intends to use from time to time. The Company may use the Presentation Materials, possibly with modifications, in presentations to current and potential investors, lenders, creditors, vendors, customers and others with an interest in the Company and its business. The information contained in the Presentation Materials is summary information that should be considered in the context of the Company's filings with the Securities and Exchange Commission and other public announcements that the Company may make by press release or otherwise from time to time. The Presentation Materials speak as of the date of this Current Report on Form 8-K. While the Company may elect to update the Presentation Materials in the future or reflect events and circumstances occurring or existing after the date of this Current Report on Form 8-K, the Company specifically disclaims any obligation to do so. The Presentation Materials are furnished herewith as Exhibit 99.2 to this Current Report on Form 8-K and are incorporated herein by reference. The information in this Current Report on Form 8-K furnished pursuant to Item 7.01, including Exhibit 99.2, shall not be deemed to be "filed" for the purposes of Section 18 of the Exchange Act, or otherwise subject to liability under that section, and they shall not be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. By filing this Current Report on Form 8-K and furnishing this information pursuant to Item 7.01, the Company makes no admission as to the materiality of any information in this Current Report on Form 8-K, including Exhibit 99.2, that is required to be disclosed solely by Regulation FD.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits . The following exhibits are included with this Current Report on Form 8-K: Exhibit No. Description 99.1 Press Release dated March 7 , 202 4 99.2 Presentation Materials dated March 7 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RING ENERGY, INC. Date: March 8, 2024 By: /s/ Travis T. Thomas Travis T. Thomas Chief Financial Officer