Ring Energy, Inc. Releases First Quarter 2020 Operations Update
Ring Energy, Inc. (REI)
NASDAQ:AMEX Investor Relations:
ringenergy.com
Company Research
Source: Business Wire
Company Halts Drilling Activity / Revises 2020 CAPEX To Estimated $32 Million MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. (NYSEAM: REI) (“Ring”) (“Company”) today released its operations update for the first quarter of 2020. In the three months ended March 31, 2020, the Company drilled four new horizontal (“Hz”) San Andres wells (2 - 1 mile, 2 – 1.5 mile) on its Northwest Shelf (“NWS”) asset. All four new wells drilled were completed, tested and had Initial Potentials (“IPs”) filed. In addition to the four new wells drilled in the first quarter which had IPs filed, the company completed testing and filed IPs on two additional horizontal wells drilled in previous quarters (2 NWS 1 mile). The average IP rate for all the horizontal wells (6 wells) IP’d in the first quarter of 2020 was 558 Barrels of Oil Equivalent (“BOEPD”) per day, or 107 BOE / 1,000 feet on an average lateral of 5,246 feet. The Company performed nine conversions from electrical submersible pumps (“ESP”) to r
Show less
Read more
Impact Snapshot
Event Time:
REI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
REI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
REI alerts
High impacting Ring Energy, Inc. news events
Weekly update
A roundup of the hottest topics
REI
News
- Ring Energy Announces Addition to Management Team [Yahoo! Finance]Yahoo! Finance
- Ring Energy Announces Addition to Management TeamGlobeNewswire
- Ring Energy: APA Transaction Points To Potential Upside [Seeking Alpha]Seeking Alpha
- Ring Energy Inc (REI) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]Yahoo! Finance
- Ring Energy, Inc. 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
REI
Earnings
- 11/6/24 - Miss
REI
Sec Filings
- 12/20/24 - Form S-3
- 12/11/24 - Form 4
- 12/4/24 - Form 8-K
- REI's page on the SEC website