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Ring Energy, Inc. (REI)

18.09 Down 0.30(1.63%) 1:42PM EDT - Nasdaq Real Time Price
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Ring Energy, Inc.
200 North Loraine Street
Suite 1245
Midland, TX 79701
United States - Map
Phone: 432-682-7464

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Drilling & Exploration
Full Time Employees:13

Business Summary 

Ring Energy, Inc. is engaged in the exploration, development, and production of oil and gas in Texas and Kansas. As of December 31, 2013, the company’s proven reserves consisted of 7.3 million barrel of oil equivalent. It also has interests in approximately 3,482 gross developed acres and 10,893 gross undeveloped acres in Texas; and 16,997 gross acres in Kansas. Ring Energy, Inc. sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was founded in 2004 and is headquartered in Midlands, Texas.

Key Statistics

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Key Executives 
Mr. Kelly W. Hoffman , 56
Chief Exec. Officer and Director
Mr. David A. Fowler , 55
Pres and Director
Mr. William R. Broaddrick , 36
Chief Financial Officer, Principal Accounting Officer, VP, Treasurer and Corp. Sec.
Mr. Daniel D. Wilson , 52
Exec. VP
Ryan R. Roberts ,
VP of Land
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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