“Interest expense decreased by approximately $0.9 million from $9.5 million to $8.6 million, primarily due to a decrease in the amortization of deferred financing costs as a result of the amendment and restatement of the credit agreement in the second quarter…”10-Q · May 6, 2026 ↗
Ring Energy, Inc.
REI
Market read
Ring Energy, Inc.'s move is spreading beyond its market group.
No new filing conclusion is available. 14 of 16 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 1 directly disclosed connection is confirming.
- At least 11 of 16 members remain active in the next snapshot.
- Capital-flow agreement rises above 55%.
- EXE remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 5 of 16 members or fewer.
Research brief
The story so far
No new filing conclusion is available. 14 of 16 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 1 directly disclosed connection is confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- At least 11 of 16 members remain active in the next snapshot.
- Capital-flow agreement rises above 55%.
- EXE remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Energy and commodity prices has repeated favorable evidence across 4 filings.
- Product pipeline and R&D has repeated favorable evidence across 3 filings.
- Latest annual revenue changed -16.1% year over year.
- Operating margin changed -47.5 percentage points in the latest annual period.
- Net margin changed -29.7 percentage points in the latest annual period.
- Diluted shares increased 2.4% in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 4 filings.
- Restructuring and cost reductions has repeated adverse evidence across 4 filings.
- EV/sales is 57% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
1.55Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“In the Permian Basin, natural gas prices remained under severe pressure due to regional takeaway constraints and elevated processing and transportation costs, while crude oil prices were influenced by broader global events late in the quarter.”10-Q · May 6, 2026 ↗
“Interest income decreased $19,529 from $90,058 to $70,529, as a result of $41,747 in lower earnings on excess cash balances in bank sweep accounts, offset by an increase of $22,218 in severance tax interest receipts .”10-Q · May 6, 2026 ↗
“Any gains or losses resulting from changes in fair value of outstanding derivative financial instruments and from the settlement of derivative financial instruments are recognized in earnings and included as a component of Other Income (Expense) in the accomp…”10-Q · May 6, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.0× · EV/sales 1.0×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for REI. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for REI. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind REI
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
TFCTruist Financial CorporationpartnerMar 4, 2026 ▾
“A.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
REI is currently a Participant in the organic co-movement group Independent Oil Producers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.