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Ring Energy, Inc. (REI)

NYSE American - NYSE American Delayed Price. Currency in USD
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3.0900+0.0600 (+1.98%)
At close: 04:00PM EDT
3.0700 -0.02 (-0.65%)
After hours: 07:45PM EDT
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Ring Energy, Inc.

1725 Hughes Landing Boulevard
Suite 900
The Woodlands, TX 77380
United States
281 397 3699
https://www.ringenergy.com

Sector(s)Energy
IndustryOil & Gas E&P
Full Time Employees53

Key Executives

NameTitlePayExercisedYear Born
Mr. Paul D. McKinneyCEO & Chairman1.03MN/A1959
Mr. Travis T. ThomasExec. VP, CFO, Corp. Sec. & Treasurer513.14kN/A1978
Mr. Marinos Christos BaghdatiExec. VP of Operations526.64kN/A1977
Mr. Stephen Donald BrooksExec. VP of Land, Legal, HR & Marketing523.74kN/A1956
Mr. Alexander DyesExec. VP of Engineering & Corp. Strategy523.74kN/A1985
Ms. Hollie LambVP of Compliance & GM of the Midland - Texas OfficeN/AN/A1976
Al PetrieOfficer of Investor RelationsN/AN/AN/A
Amounts are as of December 31, 2021 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, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company's proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. 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 incorporated in 2004 and is headquartered in The Woodlands, Texas.

Corporate Governance

Ring Energy, Inc.’s ISS Governance QualityScore as of June 1, 2022 is 3. The pillar scores are Audit: 10; Board: 5; Shareholder Rights: 3; Compensation: 1.

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.
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