Ring Energy Inc. reported a net loss of $51.6 million, or $(0.25) per diluted share, for the third quarter of 2025, which included $72.9 million in non-cash ceiling test impairment charges. Adjusted Net Income was $13.1 million, or $0.06 per diluted share. Adjusted EBITDA reached $47.7 million, while Adjusted Free Cash Flow was $13.9 million. The company sold 13,332 barrels of oil per day and 20,789 barrels of oil equivalent per day. Lease Operating Expense was $10.7 per Boe, 2% below the low end of guidance. Capital expenditures totaled $24.6 million, below the mid-point of guidance. Ring Energy paid down $20 million of debt and increased liquidity to $157.3 million as of September 30, 2025. The company remained cash flow positive for the 24th consecutive quarter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ring Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9570988-en) on November 06, 2025, and is solely responsible for the information contained therein.
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