MIDLAND, Texas--(BUSINESS WIRE)--
Ring Energy, Inc. (NYSE American: REI) (“Ring”) (“Company”) announced it has been added to the S&P SmallCap 600 Index, effective February 13, 2018, prior to the market open. The S&P SmallCap 600 measures the small-cap segment of the U.S. equity market. It consists of 600 domestic stocks selected by Standard & Poor’s Index Committee based on specific eligibility criteria such as market capitalization, liquidity, and financial viability.
Mr. Kelly Hoffman, Chief Executive Officer and Director of Ring Energy, Inc., commented, “We are extremely honored to have Ring included in the S&P SmallCap 600 Index. As we continue to work to deliver growth and shareholder value, we believe the additional credibility by being a part of this index will further attract a broader base of investors and increase liquidity.”
About Ring Energy, Inc.
Ring Energy, Inc. is an oil and gas exploration, development and production company with current operations in Texas.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995 that involve a wide variety of risks and uncertainties, including, without limitations, statements with respect to the Company’s strategy and prospects. Such statements are subject to certain risks and uncertainties which are disclosed in the Company’s reports filed with the SEC, including its Form 10-K for the fiscal year ended December 31, 2016, its Form 10-Q for the quarter ended September 30, 2017 and its other filings with the SEC. Readers and investors are cautioned that the Company’s actual results may differ materially from those described in the forward-looking statements due to a number of factors, including, but not limited to, the Company’s ability to acquire productive oil and/or gas properties or to successfully drill and complete oil and/or gas wells on such properties, general economic conditions both domestically and abroad, and the conduct of business by the Company, and other factors that may be more fully described in additional documents set forth by the Company.