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Ring Energy, Inc. (REI)

NYSE American - NYSE American Delayed price. Currency in USD
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1.9900+0.0300 (+1.53%)
At close: 04:00PM EDT
2.0000 +0.01 (+0.50%)
After hours: 07:14PM EDT

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
Industry: Oil & Gas E&P
Full-time employees: 108

Key executives

NameTitlePayExercisedYear born
Mr. Paul D. McKinneyCEO & Chairman of the Board1.16MN/A1959
Mr. Travis T. ThomasExecutive VP, CFO, Corporate Secretary & Treasurer623.55kN/A1979
Mr. Marinos Christos BaghdatiExecutive Vice President of Operations623.55kN/A1978
Mr. Stephen Donald BrooksExecutive Vice President of Land, Legal, Human Resources & Marketing623.55kN/A1957
Mr. Alexander DyesExecutive Vice President of Engineering & Corporate Strategy623.55kN/A1986
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 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 56,711 net developed acres and 2,668 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,751 net developed acres and 12,405 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. 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 incorporated in 2004 and is headquartered in The Woodlands, Texas.

Corporate governance

Ring Energy, Inc.’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 9; Board: 7; Shareholder rights: 3; Compensation: 2.

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 10 indicates higher governance risk.