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Red Flags Detected

  • Asset Impairment (new) — A $162.1 million ceiling test impairment was recorded in H1 2026 due to lower oil prices, a new charge not present in the prior-year period.
NYSE: REI RING ENERGY, INC. 10-Q

Ring Energy swings to $64.8M net loss on impairment; revenue up 26.7%

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

  • high

    Net loss of $155.8M for H1 2026 driven by a $162.1M ceiling test impairment from lower oil prices; prior-year period had no impairment.

    MD&A: Impairment verify on EDGAR →
  • high

    Revenue rose 26.7% to $104.7M on higher oil prices ($95.45/bbl vs $62.69), but realized derivative losses of $19.6M offset gains.

    MD&A: Pricing & Hedges verify on EDGAR →
  • high

    Raised $64.5M net via equity offering

    Notes: Equity & Debt view on EDGAR →

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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View original filing on SEC.gov View full financials on EDGAR ↗

Figures/quotes linked to EDGAR · Narrative written by AI · Sep 1, 2026 · How we verify