Ring Energy Q4 revenue falls

Ring Energy

04/03/2026 22:00

Overview

Oil and gas producer's Q4 2025 revenue was $66.9 mln vs $83.4 mln yr ago

Company reported a Q4 net loss due to non-cash impairment

Company reduced debt by $8 million in Q4 2025

Outlook

Ring Energy targets 2026 production midpoint of 20,150 Boe/d and 12,950 Bo/d

Company plans 2026 capital spending with a midpoint of $115 million

Ring Energy expects to drill and complete ~28 wells in 2026

Result Drivers

COST REDUCTIONS - Lowered Q4 lease operating expenses by 7%, below company guidance

Company press release: ID:nGNX6QsSDG

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
Miss
$0.02
$0.04 (2 Analysts)
Q4 Adjusted Net Income
$3.60 mln
Q4 Net Income
-$12.80 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

Wall Street's median 12-month price target for Ring Energy Inc is $2.50, about 70.1% above its March 3 closing price of $1.47

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 5 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)