7 Aug 2019quarterly activities report● Neutral
Ring filed its 10-Q for the quarter ended June 30, 2019, covering the first full quarter including the Wishbone acquisition completed April 9, 2019.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
26 June 2019securities registration● Neutral
Ring filed a final prospectus registering the resale of up to 4,581,001 shares issued to Wishbone for the Permian acquisition. Ring sold no shares and received no proceeds.
21 June 2019securities registration● Neutral
RING ENERGY, INC. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
5 June 2019director interest notice● Neutral
RING ENERGY, INC. director Mccabe Stanley Myron bought 5,000 shares on the open market at $3.65.
5 June 2019director interest notice● Neutral
RING ENERGY, INC. CEO Hoffman Kelly W. bought 15,000 shares on the open market at $3.62.
5 June 2019director interest notice● Neutral
RING ENERGY, INC. director Rochford Living Trust Lloyd Timothy Rochford, Trustee bought 25,000 shares on the open market at $3.83.
3 June 2019director interest notice● Neutral
RING ENERGY, INC. director Mccabe Stanley Myron bought 10,000 shares on the open market.
30 May 2019director interest notice● Neutral
RING ENERGY, INC. director Petrelli Anthony Benedict bought 30,000 shares on the open market at $3.80.
8 May 2019quarterly activities report● Neutral
Ring Energy reported net income of $11.1 million for the quarter ended March 31, 2019, up from $5.7 million a year earlier, on revenues of $41.8 million.
25 Apr 2019securities registration● Neutral
RING ENERGY, INC. filed notice of an exempt private placement.
19 Apr 2019securities registration● Neutral
RING ENERGY, INC. registered a securities offering with the SEC using its shelf eligibility.
19 Apr 2019substantial holder notice● Neutral
Wishbone Energy Partners, LLC, S. Wil VanLoh, Jr disclosed a new substantial RING ENERGY, INC. shareholding (6.80% of votes).
15 Apr 2019director interest notice● Neutral
RING ENERGY, INC. director Woodrum Clayton Eugene gifted 2,200 shares.
12 Apr 2019asset acquisition disposition▲ GoodMajor
Ring closed the Wishbone acquisition for about $291 million, paid as roughly $264 million cash plus 4,581,001 shares, with 2,538,071 of the shares held in escrow against indemnification claims. The cash came from the expanded $1 billion/$425 million borrowing base facility, and Ring said the assets doubled its production, proved reserves and future EBITDA.
18 Mar 2019securities registration● Neutral
Ring Energy filed a prospectus covering the possible resale of up to 3,000,000 shares of its common stock by a selling stockholder. Ring is not selling any shares and will receive no proceeds.
15 Mar 2019securities registration● Neutral
RING ENERGY, INC. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
1 Mar 2019quarterly activities report● Neutral
Ring Energy reported a fourth-quarter 2018 net loss of $7.1 million, but net income of $9.0 million for full-year 2018, on revenues of $120.1 million. Proved reserves rose 14.6% to 36.6 million BOE.
28 Feb 2019debt financing▲ GoodMajor
Ring agreed to by far its biggest deal yet: $300 million for Wishbone Energy Partners' roughly 37,000-net-acre Central Basin Platform position in Yoakum County, Texas and Lea County, New Mexico ($270 million cash, $30 million stock), to be funded by expanding its credit facility to a $1 billion maximum with a $425 million borrowing base.
13 Feb 2019substantial holder notice● Neutral
J. Carlo Cannell reported a RING ENERGY, INC. shareholding of 2,371,852 shares (3.92% of votes) in a periodic institutional filing.
4 Feb 2019securities registration● Neutral
RING ENERGY, INC. registered a securities offering with the SEC using its shelf eligibility.
31 Jan 2019substantial holder notice● Neutral
BlackRock, Inc reported a RING ENERGY, INC. shareholding of 8,458,954 shares (14.00% of votes) in a periodic institutional filing.
28 Jan 2019substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc disclosed a new substantial RING ENERGY, INC. shareholding (6.00% of votes).
9 Jan 2019director interest notice● Neutral
RING ENERGY, INC. director Woodrum Clayton Eugene gifted 3,000 shares.
27 Dec 2018substantial holder notice● Neutral
J. Carlo Cannell disclosed a new substantial RING ENERGY, INC. shareholding (5.02% of votes).
14 Dec 2018agm 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).
3 Dec 2018director interest notice● Neutral
RING ENERGY, INC. director Woodrum Clayton Eugene gifted 3,200 shares.
15 Nov 2018agm notice● Neutral
Ring Energy gave notice of its annual meeting on December 11, 2018, where shareholders would vote on electing six directors, an advisory vote on executive pay, and ratifying Eide Bailly LLP as auditor.
6 Nov 2018quarterly activities report▼ Bad
Ring Energy reported net income of $5.7 million for the quarter ended September 30, 2018, up from $3.1 million a year earlier, on oil and gas revenues of $32.7 million.
26 Sept 2018director interest notice● Neutral
RING ENERGY, INC. Execotive Vice President Wilson Daniel D sold 25,000 shares at $11.13.
24 Sept 2018director interest notice● Neutral
RING ENERGY, INC. director Rochford Living Trust Lloyd Timothy Rochford, Trustee sold 100,000 shares.