7 Dec 2016securities registration● Neutral
RING ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
6 Dec 2016securities registration● Neutral
RING ENERGY, INC. registered additional securities for an offering already underway.
5 Dec 2016securities registration● Neutral
RING ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
25 Nov 2016agm notice● Neutral
Ring Energy filed its proxy statement for the annual meeting on December 13, 2016, asking stockholders to elect six directors, hold an advisory vote on executive pay, and ratify Eide Bailly LLP as auditor.
8 Nov 2016quarterly activities report▼ Bad
Ring Energy reported a net loss of $5.9 million for the quarter ended September 30, 2016, including a $9.6 million ceiling test impairment, on revenue of $7.8 million.
5 Oct 2016director interest notice● Neutral
RING ENERGY, INC. director Woodrum Clayton Eugene gifted 500 shares.
8 Sept 2016director interest notice● Neutral
RING ENERGY, INC. director Mccabe Stanley Myron gifted 100,000 shares.
25 Aug 2016director interest notice● Neutral
RING ENERGY, INC. director Woodrum Clayton Eugene gifted 1,000 shares.
8 Aug 2016quarterly activities report▼ Bad
Ring Energy reported a net loss of $15.9 million for the quarter ended June 30, 2016, including a $25.5 million ceiling test impairment, as revenue fell to $7.1 million from $9.0 million a year earlier.
28 July 2016director interest notice● Neutral
RING ENERGY, INC. director Woodrum Clayton Eugene gifted 2,000 shares.
19 July 2016substantial holder notice● Neutral
Dan H. Wilks and Staci Wilks reported shared beneficial ownership of 2,258,900 Ring Energy shares (5.4%) in an amended Schedule 13G, while Wilks Brothers, LLC reported 1,744,631 shares (4.2%) held directly.
25 May 2016substantial holder notice● Neutral
Dan H. Wilks, Staci Wilks, Wilks Brothers, LLC disclosed a new substantial RING ENERGY, INC. shareholding (5.40% of votes).
20 May 2016material agreement▼ BadMajor
Reflecting the weak oil price environment, SunTrust cut Ring's borrowing base to $60 million at its scheduled redetermination, shrinking the credit Ring can draw against its reserves.
9 May 2016quarterly activities report▼ Bad
Ring Energy reported a net loss of $15.3 million for the quarter ended March 31, 2016, including a $21.4 million ceiling test impairment, on revenues of $6.1 million.
26 Apr 2016material agreement● NeutralMajor
With oil prices deep in the 2016 downturn, Ring raised about $61 million by selling 11.5 million shares at $5.60 - roughly half its 2015 offering price - to launch a pilot horizontal drilling program and pay down its revolving credit line.
22 Apr 2016securities registration● Neutral
Ring Energy filed a prospectus supplement for a public offering of 10,000,000 shares of common stock at $5.60 per share, raising about $53.2 million before expenses, with a 1,500,000-share over-allotment option.
20 Apr 2016securities registration● Neutral
RING ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
29 Dec 2015director interest notice● Neutral
RING ENERGY, INC. director Rochford Living Trust Lloyd Timothy Rochford, Trustee gifted 224,667 shares.
11 Dec 2015director interest notice● Neutral
RING ENERGY, INC. director Woodrum Clayton Eugene bought 25,000 shares on the open market at $0.00.
11 Dec 2015director interest notice● Neutral
RING ENERGY, INC. director Mccabe Stanley Myron bought 25,000 shares on the open market at $0.00.
11 Dec 2015director interest notice● Neutral
RING ENERGY, INC. director Petrelli Anthony Benedict bought 25,000 shares on the open market at $0.00.
11 Dec 2015director interest notice● Neutral
RING ENERGY, INC. Executive VP of Operations Wilson Daniel D bought 35,000 shares on the open market at $0.00.
11 Dec 2015director interest notice● Neutral
RING ENERGY, INC. director Rochford Living Trust Lloyd Timothy Rochford, Trustee bought 25,000 shares on the open market at $0.00.
11 Dec 2015director interest notice● Neutral
RING ENERGY, INC. Chief Executive Officer Hoffman Kelly W. bought 40,000 shares on the open market at $0.00.
11 Dec 2015director interest notice● Neutral
RING ENERGY, INC. Chief Financial Officer Broaddrick William Randall bought 35,000 shares on the open market at $0.00.
11 Dec 2015director interest notice● Neutral
RING ENERGY, INC. President Fowler David A. bought 40,000 shares on the open market at $0.00.
9 Nov 2015quarterly activities report▼ Bad
Ring reported a net loss of about $1.1 million for the quarter ended September 30, 2015, against net income of $1.7 million a year earlier. Revenue fell to $8.6 million from $10.9 million.
16 Oct 2015director interest notice● Neutral
RING ENERGY, INC. President Fowler David A. sold 13,000 shares at $10.26.
10 Aug 2015quarterly activities report▼ Bad
Ring reported net income of about $0.5 million for the quarter ended June 30, 2015, down from $2.8 million a year earlier. Over the six months it had a net loss of about $0.4 million.
29 July 2015material agreement● Neutral
Ring made a technical amendment to its SunTrust credit agreement, updating the definition of who counts as a "continuing director" for change-of-control purposes. No new borrowing or terms changed.