7 Aug 2020substantial holder notice● Neutral
BlackRock, Inc reported a RING ENERGY, INC. shareholding of 5,853,683 shares (8.60% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
28 July 2020quarterly activities report▼ Bad
RING ENERGY, INC. reported a quarterly net loss of $135.0 million for the period ended 2020-06-30.
19 June 2020debt financing▼ BadMajor
As oil prices crashed in 2020, Truist (SunTrust's successor after a bank merger) cut Ring's borrowing base from $425 million to $375 million and tightened its loan covenants, including a new cash sweep above $20 million. The amendment also cleared the way for Ring to sell its Delaware Basin assets - the Ford West/Ford Geraldine properties bought in 2015 - as the company moved to shore up its balance sheet.
15 May 2020securities registration● Neutral
RING ENERGY, INC. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
14 May 2020quarterly activities report▼ Bad
RING ENERGY, INC. reported a quarterly net loss of $135.0 million for the period ended 2020-06-30.
11 May 2020quarterly activities report▼ Bad
RING ENERGY, INC. reported a quarterly net loss of $135.0 million for the period ended 2020-06-30.
4 May 2020securities registration● Neutral
RING ENERGY, INC. registered a securities offering with the SEC using its shelf eligibility.
24 Apr 2020quarterly activities report● Neutral
RING ENERGY, INC. reported a quarterly net income of $43.8 million for the period ended 2020-03-31.
18 Mar 2020substantial holder notice● Neutral
Wishbone Energy Partners, LLC, S. Wil VanLoh, Jr reported a RING ENERGY, INC. shareholding of 1,269,035 shares (1.90% of votes) in a periodic institutional filing.
2 Mar 2020substantial holder notice● Neutral
Dr. Simon G. Kukes reported a RING ENERGY, INC. shareholding of 6,600,818 shares (9.70% of votes) in a periodic institutional filing.
27 Feb 2020financial restatement● Neutral
Ring found and is correcting a non-cash income-tax accounting error in its first three 2019 quarterly reports, to be restated in its 2019 annual report. The company says it has no effect on cash flow, EBITDA, liquidity or operations - a bookkeeping fix, not a financial-health issue.
18 Feb 2020substantial holder notice● Neutral
Dr. Simon G. Kukes reported a RING ENERGY, INC. shareholding of 6,200,000 shares (9.10% of votes) in a periodic institutional filing.
11 Feb 2020substantial holder notice● Neutral
The Vanguard Group disclosed a new substantial RING ENERGY, INC. shareholding (5.47% of votes).
5 Feb 2020substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr reported no remaining RING ENERGY, INC. shareholding in its periodic institutional filing.
4 Feb 2020substantial holder notice● Neutral
BlackRock, Inc reported a RING ENERGY, INC. shareholding of 9,403,401 shares (13.90% of votes) in a periodic institutional filing.
22 Jan 2020quarterly activities report● Neutral
RING ENERGY, INC. reported a quarterly net income of $5.0 million for the period ended 2019-12-31.
9 Dec 2019debt financing● Neutral
SunTrust reaffirmed Ring's borrowing base at $425 million following the Wishbone deal, an unchanged, routine confirmation rather than a new development.
13 Nov 2019agm 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).
6 Nov 2019quarterly activities report● Neutral
RING ENERGY, INC. reported a quarterly net income of $5.0 million for the period ended 2019-12-31.
21 Oct 2019quarterly activities report● Neutral
RING ENERGY, INC. reported a quarterly net income of $8.9 million for the period ended 2019-09-30.
27 Sept 2019director interest notice● Neutral
Roesener Regina became a RING ENERGY, INC. director and company insider (initial ownership filing).
17 Sept 2019director interest notice● Neutral
RING ENERGY, INC. CEO Hoffman Kelly W. bought 10,000 shares on the open market at $1.47.
13 Sept 2019director interest notice● Neutral
RING ENERGY, INC. CEO Hoffman Kelly W. bought 22,000 shares on the open market at $1.60.
12 Sept 2019director interest notice● Neutral
RING ENERGY, INC. President Fowler David A. bought 20,750 shares on the open market at $1.66.
12 Sept 2019director interest notice● Neutral
RING ENERGY, INC. Chief Financial Officer Broaddrick William Randall bought 25,000 shares on the open market at $1.69.
11 Sept 2019director interest notice● Neutral
RING ENERGY, INC. director Mccabe Stanley Myron bought 10,000 shares on the open market at $1.54.
11 Sept 2019director interest notice● Neutral
RING ENERGY, INC. director Rochford Living Trust Lloyd Timothy Rochford, Trustee bought 25,000 shares on the open market.
10 Sept 2019director interest notice● Neutral
RING ENERGY, INC. CEO Hoffman Kelly W. bought 15,000 shares on the open market at $1.40.
26 Aug 2019quarterly activities report● Neutral
RING ENERGY, INC. reported a quarterly net income of $8.9 million for the period ended 2019-09-30.
7 Aug 2019quarterly activities report● Neutral
RING ENERGY, INC. reported a quarterly net income of $8.9 million for the period ended 2019-09-30.