6 Jan 2021director interest notice● Neutral
RING ENERGY, INC. insider Kruse William R bought 619,898 shares on the open market.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
6 Jan 2021director interest notice● Neutral
Thomas L Mitchell became a RING ENERGY, INC. director and company insider (initial ownership filing).
5 Jan 2021director interest notice● Neutral
William R Kruse became a RING ENERGY, INC. company insider (initial ownership filing).
30 Dec 2020director interest notice● Neutral
Baghdati Marinos Christos became a RING ENERGY, INC. Executive VP Operations and company insider (initial ownership filing).
30 Dec 2020director interest notice● Neutral
Dyes Alexander became a RING ENERGY, INC. VP Engineering & Corp Strategy and company insider (initial ownership filing).
30 Dec 2020director interest notice● Neutral
Brooks Stephen Donald became a RING ENERGY, INC. VP-Land, Legal HR, Marketing and company insider (initial ownership filing).
29 Dec 2020debt financing● NeutralMajor
Ring's bank further trimmed its borrowing base to $350 million but the company also paid down an extra $45 million of debt and locked in oil hedges for 2021-2022, actively working down leverage rather than just absorbing the tighter terms.
28 Dec 2020substantial holder notice● Neutral
William R. Kruse, Deborah L. Kruse reported a RING ENERGY, INC. shareholding of 9,430,784 shares (11.10% of votes) in a periodic institutional filing.
28 Dec 2020director interest notice● Neutral
William R Kruse became a RING ENERGY, INC. company insider (initial ownership filing).
17 Dec 2020substantial holder notice● Neutral
Dr. Simon G. Kukes reported a RING ENERGY, INC. shareholding of 6,600,180 shares (8.10% of votes) in a periodic institutional filing.
16 Dec 2020agm notice● Neutral
RING ENERGY, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
10 Dec 2020substantial holder notice● Neutral
Dr. Simon G. Kukes reported a RING ENERGY, INC. shareholding of 6,600,180 shares (8.10% of votes) in a periodic institutional filing.
2 Dec 2020substantial holder notice● Neutral
Dr. Simon G. Kukes reported a RING ENERGY, INC. shareholding of 6,600,180 shares (8.10% of votes) in a periodic institutional filing.
19 Nov 2020substantial holder notice● Neutral
Dr. Simon G. Kukes reported a RING ENERGY, INC. shareholding of 6,600,180 shares (8.10% of votes) in a periodic institutional filing.
12 Nov 2020quarterly activities report▼ Bad
RING ENERGY, INC. reported a quarterly net loss of $2.0 million for the period ended 2020-09-30.
10 Nov 2020substantial holder notice● Neutral
Dr. Simon Kukes and J. Douglas Schick filed a Schedule 13D/A showing they held 6,607,680 shares (9.7%), of which Kukes held 6,600,180. They said they were calling on shareholders to withhold votes from all of Ring's directors in the upcoming election.
9 Nov 2020quarterly activities report▼ Bad
RING ENERGY, INC. reported a quarterly net loss of $2.0 million for the period ended 2020-09-30.
9 Nov 2020agm notice● Neutral
Ring Energy sent stockholders its proxy statement for the annual meeting to be held December 15, 2020. Stockholders were asked to elect seven directors, hold an advisory vote on executive pay, and ratify Eide Bailly LLP as auditor.
3 Nov 2020director interest notice● Neutral
RING ENERGY, INC. CEO and Chairman of the Board Mckinney Paul D. bought 71,400 shares on the open market.
2 Nov 2020substantial holder notice● Neutral
Empery Asset Management, Ryan Lane and Martin Hoe, along with Empery Asset Master, each reported a 9.99% stake in Ring Energy common stock in a Schedule 13G for October 27, 2020, while Empery Tax Efficient III reported 7.02%. The percentages reflect blockers that cap warrant exercise.
29 Oct 2020material agreement▼ BadMajor
With its stock battered by the pandemic oil crash, Ring raised only about $18-20 million by selling stock and warrants at $0.70 a share - a small fraction of the $11-14 prices it fetched in 2016-2018 - underscoring how much the downturn had squeezed its financing options.
29 Oct 2020securities registration● Neutral
RING ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
29 Oct 2020securities registration● Neutral
RING ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
27 Oct 2020securities registration● Neutral
RING ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
13 Oct 2020director interest notice● Neutral
Mckinney Paul D. became a RING ENERGY, INC. CEO and Chairman of the Board and company insider (initial ownership filing).
9 Sept 2020substantial holder notice● Neutral
BlackRock, Inc. reported holding 1,252,434 Ring shares (1.8%) as of August 31, 2020, and the filing indicated it had ceased to be a beneficial owner of more than 5%.
14 Aug 2020substantial holder notice● Neutral
William R. Kruse, Deborah L. Kruse disclosed a new substantial RING ENERGY, INC. shareholding (5.50% of votes).
12 Aug 2020quarterly activities report▼ Bad
Ring reported a net loss of $135.0 million ($1.99 per share) for the three months ended June 30, 2020, driven by a $147.9 million ceiling test impairment. It stayed cash flow positive for a third straight quarter.
12 Aug 2020substantial holder notice● Neutral
Dr. Simon G. Kukes and J. Douglas Schick, together holding 6,607,680 shares (9.7%), told Ring on August 10, 2020 they had nominated more than a dozen candidates for its board, while saying they hoped to avoid a proxy contest.
10 Aug 2020quarterly activities report▼ Bad
Ring Energy filed its 10-Q for the quarter ended June 30, 2020, with 67,980,575 shares outstanding at August 10, 2020.