Ring Energy, Inc. REI

REI Company Overview

Ring Energy, Inc. is an independent oil and gas exploration and production company focused primarily on the acquisition, development, and production of conventional and unconventional hydrocarbon assets in the United States. The company operates within the upstream energy industry, with its core activities centered on crude oil and natural gas production from mature, low-decline reservoirs. Ring Energy’s operations are concentrated in the Permian Basin, particularly in the Northwest Shelf and Central Basin Platform regions of Texas and New Mexico, which are among the most productive oil-producing areas in North America.

The company’s primary revenue drivers are the sale of crude oil, natural gas liquids (NGLs), and natural gas produced from its operated acreage. Ring Energy has historically emphasized operational efficiency, disciplined capital spending, and reserve optimization through horizontal drilling, waterflood projects, and enhanced recovery methods. Founded in 2004 and later becoming publicly traded on the NYSE American under the ticker REI, the company expanded significantly through acquisitions and acreage consolidation, including major transactions that increased its scale in the Permian region.