Past year: ▲ 40%(87.0c – 1.88 USD)
Each one in plain English, with the numbers worked through for a shareholder.
28 Nov 2012capital raising announcement● Neutral
Ring corrected an earlier November 26, 2012 report. The 312,500 shares each issued to Calvin R. Hullum, Jr. and Charles M. Crawford were issued in the merger for their companies, CRH Mississippi South Fund and Pontious Mississippi South Fund, not for the outstanding shares of Stanford as first stated. This concerns the CRH/Pontious merger, a separate acquisition from the Stanford deal. The filing is a correction only and adds no new transaction.
26 Nov 2012asset acquisition disposition▲ GoodMajor
Ring closed the Kansas acquisition, paying about $2.28 million cash (slightly reduced for a title shortfall on one lease) and issuing 625,000 shares to give it its first Kansas production base alongside its existing Texas acreage.
20 Nov 2012securities registration● Neutral
RING ENERGY, INC. filed notice of an exempt private placement.
14 Nov 2012quarterly activities report● Neutral
RING ENERGY, INC. reported a quarterly net income of $134 thousand for the period ended 2012-12-31.
13 Nov 2012business combination▲ GoodMajor
Barely months after closing Stanford, Ring signed a second acquisition: a merger with two Oklahoma holding entities, CRH and Pontious Mississippi South Fund, to pick up roughly 11,000 net acres of producing Kansas oil and gas leases for $2.32 million cash plus 625,000 shares.
13 Nov 2012director interest notice● Neutral
Broaddrick William Randall became a RING ENERGY, INC. Interim CEO & CFO and company insider (initial ownership filing).
31 Oct 2012securities registration● Neutral
RING ENERGY, INC. filed notice of an exempt private placement.
9 Oct 2012securities registration● Neutral
RING ENERGY, INC. filed notice of an exempt private placement.
13 Sept 2012quarterly activities report▼ Bad
RING ENERGY, INC. reported a quarterly net loss of $631 thousand for the period ended 2012-09-30.
7 Sept 2012director interest notice● Neutral
RING ENERGY, INC. director Robert Morley bought 100,000 shares on the open market at $4.50.
6 Sept 2012director interest notice● Neutral
Broaddrick William Randall became a RING ENERGY, INC. Interim CEO & CFO and company insider (initial ownership filing).
6 Sept 2012securities registration● Neutral
RING ENERGY, INC. filed notice of an exempt private placement.
16 Aug 2012director interest notice● Neutral
RING ENERGY, INC. director Mccabe Stanley Myron bought 285,000 shares on the open market at $4.50.
14 Aug 2012quarterly activities report▼ Bad
RING ENERGY, INC. reported a quarterly net loss of $631 thousand for the period ended 2012-09-30.
13 July 2012securities registration● Neutral
RING ENERGY, INC. filed notice of an exempt private placement.
9 July 2012substantial holder notice● Neutral
STANLEY M. MCCABE disclosed a new substantial RING ENERGY, INC. shareholding (15.00% of votes).
9 July 2012substantial holder notice● Neutral
L. TIMOTHY ROCHFORD disclosed a new substantial RING ENERGY, INC. shareholding (26.90% of votes).
5 July 2012director interest notice● Neutral
Mccabe Family Trust Stanley Mccabe, Trustee became a RING ENERGY, INC. director and company insider (initial ownership filing).
5 July 2012business combination▲ GoodMajor
Ring completed the Stanford Energy acquisition, issuing shares that gave Stanford's two owners about 34% of Ring and a $10 million bank credit line came with the deal. One of those owners, Tim Rochford, is CEO Steve Owens' brother-in-law, making this a related-party change of control as much as an arm's-length purchase.
5 July 2012director interest notice● Neutral
Rochford Living Trust Lloyd Timothy Rochford, Trustee became a RING ENERGY, INC. director and company insider (initial ownership filing).
2 July 2012securities registration● Neutral
RING ENERGY, INC. filed notice of an exempt private placement.
29 June 2012director interest notice● Neutral
RING ENERGY, INC. Vice President Denny W Nestripke bought 25,000 shares on the open market at $250.00.
15 May 2012quarterly activities report▼ Bad
RING ENERGY, INC. reported a quarterly net loss of $541 thousand for the period ended 2012-06-30.
9 May 2012securities registration● Neutral
RING ENERGY, INC. amended a filing by which it filed notice of an exempt private placement.
9 May 2012securities registration● Neutral
RING ENERGY, INC. filed notice of an exempt private placement.
8 May 2012material agreement▲ GoodMajor
Ring signed the definitive all-stock agreement to acquire Stanford Energy, adding Stanford's two owners as directors, moving headquarters to Tulsa, and raising its total bridge loans to Stanford to $1.5 million. It also closed a separate placement of 823,524 shares at $4.25, raising about $3.5 million in fresh cash.
19 Apr 2012auditor change● Neutral
Ring switched auditors again, from Haynie & Company to Hansen, Barnett & Maxwell, with no disagreements reported. The new firm had already been reviewing the books ahead of the pending Stanford Energy combination to get the acquisition accounting right before it closed.
19 Apr 2012director interest notice● Neutral
RING ENERGY, INC. Vice President Denny W Nestripke bought 6,000 shares on the open market at $25500.00.
17 Apr 2012director interest notice● Neutral
RING ENERGY, INC. Vice President Denny W Nestripke bought 6,000 shares on the open market at $25500.00.
16 Apr 2012material agreement● Neutral
Ring closed the Patriot Royalty lease purchase, paying about $100,000 for an 89.5% leasehold interest in the Andrews County acreage - undeveloped land with no wells yet on it.
