Company Overview
- Headquarters
- 901 West Wall Street, Midland TX
- Website
- ringenergy.com
- Phone
- (432) 682-7464
- Employees
- 23
- Industry
- Oil Gas Coal
- Stock Symbol
- REI
Financials & Stats
Revenue
$50B
Who is Ring Energy Inc
Ring Energy Inc. is a Texas-based company specializing in oil and gas exploration, development, and production. Founded in 2012, the company employs 23 people and has generated $50 million in revenue. Ring Energy focuses on acquiring select properties in Texas and Kansas, prioritizing those that offer immediate positive cash flow and future development opportunities. Their portfolio includes proven reserves estimated at 7.2 million barrels of oil equivalents (BOE's) and an estimated $198 million in PV-10 (future net revenues discounted 10%). The company's management team boasts over 100 years of combined experience in the oil and gas industry. They leverage this expertise, coupled with technological advancements, geological evaluations, and reservoir engineering, to build a profitable and successful program. For more information, visit Ring Energy Inc.'s website at ringenergy.com.
Company Leadership
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| Company Name | Revenue | Number of Employees | Location | Founded in |
|---|---|---|---|---|
| 50M | 18 | Houston, TX | 1983 | |
| 50M | ||||
| 50M | 30 | |||
| 50M | 34 | Houston, TX | 2002 | |
| 50M | 17 |