Ring Energy, Inc. Overview
Pro stress-test →Ring Energy is an independent oil and natural gas company focused on the conventional development of Permian Basin assets in Texas and New Mexico. The company operates approximately 80,000 net acres across key producing formations including the Northwest Shelf and Central Basin Platform, generating approximately $350 million in annual revenue.
Strategic Profile
Pro stress-test →Ring Energy maintains a strong focus on debt reduction and balance sheet improvement while implementing cost efficiencies that have driven industry-leading well breakeven points. The company demonstrated operational strength in 2025 by exceeding oil sales volume guidance and managing lease operating expenses effectively amid commodity price volatility.
Competitive Landscape
Pro stress-test →Ring Energy competes in the onshore U.S. oil and gas exploration and production sector, primarily within the Permian Basin. Key competitors include larger independents and basin-focused producers operating similar acreage and geologies, though Ring's smaller scale limits direct competitive positioning with major industry players.
Industry Context
Ring Energy, Inc. operates in Oil & Gas Exploration & Production (E&P).
Key facts
Founded: 2004 · Headquarters: The Woodlands, Texas · Employees: 115 · Revenue: $350M · Market cap: $181M