Ring Energy

REI

Market cap $189M

RioCan Real Estate Investment Trust ( REI.UN:CA ) Analyst/Investor Day November 18, 2025 9:00 AM EST Company Participants Jennifer Suess - Senior VP of ESG, General Counsel & Corporate Secretary Jonathan Gitlin - President, CEO & Non-Independent Trustee Dennis Blasutti - Chief Financial Officer John Ballantyne - Chief Operating Officer Oliver Harrison - Senior Vice President of Leasing & Tenant Experience Andrew Duncan - Chief Investment Officer Terri Andrianopoulos - Senior Vice President of People & Brand Conference Call Participants Greg Hicks - Canadian Tire Corporation, Limited Michael Medline - Sobeys Inc. Todd Barclay - Recipe Unlimited Corporation Michael Markidis - BMO Capital Markets Equity Research Lorne Kalmar - Desjardins Securities Inc., Research Division Sam Damiani - TD Cowen, Research Division Matt Kornack - National Bank Financial, Inc., Research Division Mark Rothschild - Canaccord Genuity Corp., Research Division Mario Saric - Scotiabank Global Banking and Markets, Research Division Conversation Jennifer Suess Senior VP of ESG, General Counsel & Corporate Secretary Good morning, everyone, and thank you for joining us today for RioCan Real Estate Investment Trust's 2025 Investor Day. My name is Jennifer Suess.

Ring Energy continues to manage its debt load effectively despite weaker oil prices. REI's strategy involves small, accretive acquisitions like Lime Rock. Falling capex and operational cost reductions have helped maintain free cash flow.

Ring Energy, Inc. ( REI ) Q3 2025 Earnings Call November 7, 2025 11:00 AM EST Company Participants Al Petrie - Officer of Investor Relations Paul McKinney - CEO & Chairman of the Board Rocky Kwon - Interim CFO, VP of Accounting, Controller & Assistant Treasurer Shawn Young - Senior Vice President of Operations Alexander Dyes - Executive VP & Chief Operations Officer James Parr - Executive VP & Chief Exploration Officer Conference Call Participants Noel Parks - Tuohy Brothers Investment Research, Inc. Jeffrey Robertson - Water Tower Research LLC Charles Fratt - Alliance Global Partners, Research Division Presentation Operator Good morning, and welcome to the Ring Energy Third Quarter and Full Year 2025 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

RioCan Real Estate Investment Trust ( REI.UN:CA ) Q3 2025 Earnings Call November 7, 2025 10:00 AM EST Company Participants Jennifer Suess - Senior VP of ESG, General Counsel & Corporate Secretary Jonathan Gitlin - President, CEO & Non-Independent Trustee Dennis Blasutti - Chief Financial Officer John Ballantyne - Chief Operating Officer Andrew Duncan - Chief Investment Officer Conference Call Participants Sam Damiani - TD Cowen, Research Division Bradley Sturges - Raymond James Ltd., Research Division Mario Saric - Scotiabank Global Banking and Markets, Research Division Michael Markidis - BMO Capital Markets Equity Research Matt Kornack - National Bank Financial, Inc., Research Division Presentation Operator Good day, ladies and gentlemen, and welcome to the RioCan Real Estate Investment Trust Third Quarter 2025 Conference Call and Webcast.

Ring Energy (REI) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.07 per share a year ago.

THE WOODLANDS, Texas, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the third quarter of 2025 and updated guidance for the remainder of the year.

THE WOODLANDS, Texas, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the timing of its third quarter 2025 earnings release and conference call.

THE WOODLANDS, Texas, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that its Chief Financial Officer, Travis T. Thomas, has resigned effective immediately to pursue other opportunities. Mr. Thomas' resignation was not a result of any disagreement between the Company and Mr. Thomas on any financial or other matter related to the operations, policies, or practices of the Company.

Ring Energy's steady cash flow and cost control contrast sharply with Prairie Operating's risky expansion push.

Ring Energy has gradually improved its debt situation since 2020. But weaker commodity prices now threaten this progress. Cost reductions are being implemented rapidly to address the debt ratio. REI has relied on acquisitions to boost production and achieve operational efficiencies.