Ring Energy, Inc.
New York Stock Exchange ArcaCapital Structure
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in mil. unless spec.Company Description
- CEO
- Paul D. McKinney
- Full Time Employees
- 111
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 1725 Hughes Landing Boulevard The Woodlands TX United States of America 77380
- IPO Date
- Apr 10, 2007
- CIK
- 0001384195
- Website
- ringenergy.com
- Similar Companies
- Business
- Ring Energy, Inc. operates as an independent oil and natural gas company primarily engaged in the acquisition, exploration, development, and production of oil and natural gas properties. The company’s core products and services include the exploration, drilling, and production of crude oil, natural gas liquids, and natural gas. Ring Energy’s operations are concentrated mainly in the Permian Basin region in West Texas and the Mid-Continent region in Oklahoma. The company provides midstream and marketing services for its produced hydrocarbons, focusing on optimizing production efficiencies and asset development. Founded in 2011 and headquartered in Oklahoma City, Oklahoma, Ring Energy has enhanced its portfolio over recent years through strategic acquisitions aimed at expanding its reserves and production capacity. The company has actively pursued acquisitions of producing and non-producing assets to increase its footprint in key US shale plays. Recently, Ring Energy has announced new development projects and capital expenditures targeting enhanced oil recovery and operational efficiencies, reflecting a strategic focus on growth and sustainability within the current energy market environment. No major name changes or reorganizations have been reported in the last 1-2 years. In summary, Ring Energy, Inc. serves the oil and gas sector with its extensive activities in upstream exploration and production combined with midstream marketing services. Its geographic focus remains largely within prominent US shale basins, and it continues to pursue growth through asset acquisitions and operational improvements, positioning itself as a mid-sized player in the independent energy company landscape. The company’s headquarters in Oklahoma City serves as the central hub for its operations and strategic management.
Company News
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Ring Energy Eyes 10% Growth as Longer Laterals Unlock Permian Potential
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