$Ring Energy(REI.US)$ NEWS Ring Energy Announces First Quarter 2024 Results, Provides Second Quarter 2024 Outlook and Reiterates Full Year 2024 Guidance Ring Energy, Inc. (NYSE American: REI) reported operational and financial results for Q1 2024, exceeding sales volumes guidance by 5%, net income of $5.5 million, Adjusted Net Income of $20.3 million, and Adjusted EBITDA of $62.0 million. The company also announced guidance for Q2 2024, with sales volumes of 13,000 to 13,400 Bo/d and capital spe...
$Ring Energy(REI.US)$I'm glad own n will be buying more way undervalued stock in my opinion looking forward to next 5 to 10 years keep adding as I go as long as classified penny stock
Despite market volatility and rising rates, Ring Energy's leadership thanks supporters and is confident in their strategy. This involves boosting free cash flow, cutting costs, acquiring high-margin, low break-even assets, selling non-core assets, and fast debt repayment.
Ring Energy expresses gratitude despite oil volatility, and confidence in its cost-reducing, cash flow-maximizing strategy. Focus is on high-margin assets acquisition, non-core assets disposal, and fast debt-payment.
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Ring Energy Announces First Quarter 2024 Results, Provides Second Quarter 2024 Outlook and Reiterates Full Year 2024 Guidance
Ring Energy, Inc. (NYSE American: REI) reported operational and financial results for Q1 2024, exceeding sales volumes guidance by 5%, net income of $5.5 million, Adjusted Net Income of $20.3 million, and Adjusted EBITDA of $62.0 million. The company also announced guidance for Q2 2024, with sales volumes of 13,000 to 13,400 Bo/d and capital spe...
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