REI - Ring Energy, Inc.

NYSE American - NYSE American Delayed Price. Currency in USD

Ring Energy, Inc.

901 West Wall Street
3rd Floor
Midland, TX 79702
United States
432-682-7464
http://www.ringenergy.com

SectorEnergy
IndustryOil & Gas E&P
Full Time Employees42

Key Executives

NameTitlePayExercisedYear Born
Mr. Lloyd Timothy RochfordCo-Founder & Chairman40.5kN/A1947
Mr. Kelly W. HoffmanCEO & Director259kN/A1958
Mr. David A. FowlerPres & Director224kN/A1959
Mr. Stanley M. McCabeCo-Founder & Director42kN/A1933
Mr. William R. BroaddrickCFO, VP, Corp. Sec. & Treasurer175kN/A1978
Amounts are as of December 31, 2018 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.

Description

Ring Energy, Inc., an exploration and production company, acquires, explores for, develops, and produces oil and natural gas in Texas, the United States. As of December 31, 2018, the company's proved reserves consisted of approximately 36.6 million barrel of oil equivalent. As of the above date, it also had interests in 17,408 net developed acres and 58,620 net undeveloped acres in Andrews and Gaines counties; and 19,138 net developed acres and 860 net undeveloped acres in Culberson and Reeves counties. It primarily 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 Midland, Texas.

Corporate Governance

Ring Energy, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 7. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 3; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.