Ring Energy Q2 2026 net income swings to USD 64.8 million; revenue rises 42% to USD 104.7 million
Reuters2026/08/05 22:28Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Ring Energy posted GAAP net income of USD 64.8 million, or USD 0.27 per diluted share, for Q2 2026.
- Revenue climbed 42% from Q1 2026 to USD 104.7 million; average realized price rose 36% to USD 57.55 per Boe.
- Adjusted EBITDA (non-GAAP) increased 42% from Q1 2026 to USD 54.5 million; adjusted free cash flow (non-GAAP) was USD 4.4 million.
- Oil output totaled 12,683 barrels a day; lease operating expense eased 3% from Q1 2026 to USD 10.12 per Boe.
- Borrowings under the revolving credit facility fell USD 66 million to USD 360 million; 2H 2026 oil guidance was raised to 13,000-13,950 Bopd.
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: 202608051645PRIMZONEFULLFEED9804618) on August 05, 2026, and is solely responsible for the information contained therein.
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