# Ring Energy, Inc. (REI) · Edgar & Edgarette company card

> Ring Energy (REI) saw revenue fall 16.1% in FY2025 to $307 million, operating margin -11.2% against a 16.8% median for crude petroleum & natural gas, equity 59.2% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1384195 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/REI) · [JSON](https://www.pops4.com/boards/company/REI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $307M |
| Revenue growth, 1 year | -16.1% |
| Revenue growth per year | 11.8% |
| Operating margin | -11.2% (prior year 36.3%) |
| Net margin | -11.3% |
| Operating cash flow | $151M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $902,913 |
| Long-term debt | — |
| Total assets | $1.4B |
| Total equity | $836M |
| Equity ÷ assets | 59.2% |
| Return on equity | -4.2% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 1.24 (grey zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Old boat · three warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; operating loss: a margin of -11.2% in FY2025; revenue is hard to predict: its 80% range is ±37%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $307.2M (FY2025). Experience: revenue down 16.1% on the year, up 11.8% a year over 4 years; operating margin -11.2%, down from 36.3%. Soundness: equity 59.2% of assets, return on equity -4.2%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $184.2M and $401.6M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $151.3M to $493.0M. A statistical range, not company guidance. Against peers (45 filers, $50M+ revenue, crude petroleum & natural gas): operating margin -11.2% against a 16.8% median; growth -16.1% against 7.8%.

Range logged 2026-11-01, receipt 532fcf7761f4ffe8, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 5, latest 2026-11-03 ([filing](https://www.sec.gov/Archives/edgar/data/1384195/000162828026069605/0001628280-26-069605-index.htm))

## Recent filings

- 8-K · filed 2026-11-03 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1384195/000162828026069605/0001628280-26-069605-index.htm)
- 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1384195/000138419526000083/0001384195-26-000083-index.htm)
- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/1384195/000138419526000080/0001384195-26-000080-index.htm)
- 8-K · filed 2026-05-22 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1384195/000162828026037797/0001628280-26-037797-index.htm)
- 8-K · filed 2026-05-14 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1384195/000162828026035219/0001628280-26-035219-index.htm)
- 8-K · filed 2026-05-07 · 2.02 Results of Operations and Financial Condition; 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1384195/000138419526000075/0001384195-26-000075-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001384195.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1384195

## Cite

POPS4, Edgar & Edgarette: Ring Energy, Inc. (REI) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/REI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.