Press Releases May 18, 2026 06:45 AM

Ring Energy to Participate in Water Tower Research Fireside Chat on May 20, 2026

Ring Energy to discuss horizontal development strategy and financial flexibility in Water Tower Research fireside chat

By Caleb Monroe REI

Ring Energy, Inc. announced participation in a fireside chat with Water Tower Research on May 20, 2026, where company executives will discuss the transition towards more horizontal development in their Permian Basin assets, recent capital markets activities enhancing financial flexibility, and strategies to improve free cash flow and balance sheet strength.

Ring Energy to Participate in Water Tower Research Fireside Chat on May 20, 2026
REI

Key Points

  • Ring Energy is transitioning from traditional vertical to more horizontal well development to improve well economics and capital efficiency.
  • Recent equity offering has strengthened the company's financial flexibility to reduce leverage and fund organic growth.
  • The focus remains on disciplined capital allocation, cost control, and leveraging Permian Basin asset potential for long-term free cash flow generation.

THE WOODLANDS, Texas, May 18, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced its participation in a fireside chat with Water Tower Research (“WTR”) on Wednesday, May 20, 2026 at 10:00 AM Central Time.

As part of WTR’s ongoing Fireside Chat Series, Jeff Robertson, Managing Director at WTR, will lead an in-depth conversation with Paul McKinney, Ring’s Chairman and Chief Executive Officer, James Parr, Executive Vice President and Chief Exploration Officer, Alex Dyes, Executive Vice President and Chief Operations Officer, and Sonu Johl, Principal Financial Officer, Executive Vice President and Chief Financial Officer and Treasurer. The discussion will focus on Ring’s transition toward more horizontal development across its asset base, the Company’s differentiated conventional asset strategy, and how its recent capital markets activity supports greater financial flexibility, long-term free cash flow generation and continued balance sheet improvement.

Topics will include:

  • How the stacked pay formations underlying the Permian Basin’s Northwest Shelf and Central Basin Platform areas support horizontal development;
  • Impact of horizontal development on well economics, capital efficiency and future development inventory;
  • Infrastructure and operating requirements to transition more activity from traditional vertical development to horizontal development;
  • How Ring’s recent equity offering strengthens financial flexibility and supports the Company’s long-term strategy to reduce leverage, fund organic growth and pursue high-return development opportunities; and
  • Ring’s ability to generate adjusted free cash flow through disciplined capital allocation, cost control and continued operational execution.

Investors and other interested parties can access the event by registering in advance at:

https://event.webcasts.com/starthere.jsp?ei=1761934&tp_key=411aae7ded&sti=pr.

The presentation will also be available through Ring’s web site, www.ringenergy.com on the “Overview” page under the “Investors” tab.

About Ring Energy, Inc.

Ring Energy, Inc. is an oil and gas exploration, development, and production company with current operations focused on the development of its Permian Basin assets. For additional information, please visit www.ringenergy.com.

SAFE HARBOR STATEMENT

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements involve a wide variety of risks and uncertainties, and include, without limitations, statements with respect to the Company’s strategy and prospects. Such statements are subject to certain risks and uncertainties which are disclosed in the Company’s reports filed with the SEC, including its Form 10-K for the fiscal year ended December 31, 2025, and its other filings with the SEC. Readers and investors are cautioned that the Company’s actual results may differ materially from those described in the forward-looking statements.

Contact Information

Al Petrie Advisors
Al Petrie, Senior Partner
Phone: 281-975-2146
Email: [email protected]


Risks

  • The success of the transition to horizontal development depends on geologic and operational factors that may impact well performance and costs.
  • Commodity price volatility could affect the company's revenue and cash flow projections.
  • Risks associated with capital markets activities include potential changes in market conditions impacting financial flexibility and leverage reduction plans.

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