Ring Energy (REI) reported second-quarter 2026 oil, natural gas and natural gas liquids revenue of $104.7 million, up from $73.7 million in the first quarter and $82.6 million a year earlier. Net income was $64.8 million, or $0.27 per diluted share.
The company said it reduced borrowings under its revolving credit facility by $66 million during the quarter and reported total liquidity of about $226.1 million at June 30, 2026. Ring also provided updated guidance for the second half of 2026 and initial targets for 2027.
- Q2 2026 average daily sales volumes were 19,990 Boe/d, including 12,683 barrels of oil per day.
- Capital expenditures were approximately $43.2 million during the quarter.
- Net cash provided by operating activities was $40.8 million.
- Second-half 2026 oil production guidance is 13,000 to 13,950 Bopd.
- Initial 2027 guidance targets production growth of about 10% over full-year 2026.
$REI Insider Trading Activity
$REI insiders have traded $REI stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $REI stock by insiders over the last 6 months:
- SUNDIP SINGH JOHL (EVP, Chief Financial Officer) purchased 231,000 shares for an estimated $278,840
- PAUL D. MCKINNEY (CEO and Chairman of the Board) purchased 50,000 shares for an estimated $59,500
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$REI Hedge Fund Activity
We have seen 63 institutional investors add shares of $REI stock to their portfolio, and 47 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TWO SIGMA INVESTMENTS, LP added 4,735,140 shares (+358.6%) to their portfolio in Q1 2026, for an estimated $7,244,764
- MILLENNIUM MANAGEMENT LLC added 2,913,132 shares (+1559.0%) to their portfolio in Q1 2026, for an estimated $4,457,091
- BARCLAYS PLC removed 2,325,000 shares (-29.1%) from their portfolio in Q1 2026, for an estimated $3,557,250
- TRUFFLE HOUND CAPITAL, LLC removed 2,000,000 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2,160,000
- ACADIAN ASSET MANAGEMENT LLC added 1,668,969 shares (+198.4%) to their portfolio in Q1 2026, for an estimated $2,553,522
- CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. added 1,195,772 shares (+83.4%) to their portfolio in Q1 2026, for an estimated $1,829,531
- GOLDMAN SACHS GROUP INC added 1,134,190 shares (+2717.1%) to their portfolio in Q1 2026, for an estimated $1,735,310
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
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Ring Energy Q2 revenue rises to $104.7 million
Ring Energy (REI) reported second-quarter 2026 oil, natural gas and natural gas liquids revenue of $104.7 million, up from $73.7 million in the first quarter and $82.6 million a year earlier. Net income was $64.8 million, or $0.27 per diluted share.
The company said it reduced borrowings under its revolving credit facility by $66 million during the quarter and reported total liquidity of about $226.1 million at June 30, 2026. Ring also provided updated guidance for the second half of 2026 and initial targets for 2027.
$REI Insider Trading Activity
$REI insiders have traded $REI stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $REI stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$REI Hedge Fund Activity
We have seen 63 institutional investors add shares of $REI stock to their portfolio, and 47 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Read full article here »