RING ENERGY, INC. - 8-K Filing
Ring Energy reported Q1 2026 results with revenue of $73.7 million and a net loss of $220.6 million, or $(1.06) per diluted share, driven by a non-cash ceiling test impairment of $162.1 million and an unrealized mark-to-market derivative loss of $77.0 million. The company generated Adjusted Net Income of $7.4 million, or $0.04 per diluted share, with average daily sales volumes at 19,351 Boe/d near the mid-point of guidance. It also appointed Sundip Johl as Principal Financial Officer and posted presentation materials on its website. (Items: 2.02 Results of Operations and Financial Condition, 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Offi, 7.01 Regulation FD Disclosure, 9.01 Financial Statements and Exhibits)
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