Aug. 5 at 1:02 PM
Estimate Update on Ring Energy, Inc. (REI)
Jeffrey Robertson updated his estimates for Ring Energy (REI) reflecting 2Q25 benchmark prices:
🔹 NYMEX oil: Avg.
$63.68/bbl
🔹 Natural gas: Avg.
$3.51/MMBtu
🔹 2Q25 production estimated at 21.5 Mboe/d, with oil making up ~66% of volumes but ~99% of revenue due to infrastructure constraints.
🔹 Full 2Q25 results coming August 6th, earnings call August 7th.
Efficiency gains from Lime Rock acquisition may positively impact costs—detailed by CEO Paul McKinney in our recent Fireside Chat.
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