{"success":true,"data":{"pressRelease":{"id":"32352","rtpr_id":"nGNX4WpYwN","ticker":"REI","exchange":"NYSE American","all_tickers":["REI"],"title":"Ring Energy Announces Proposed Public Offering of Common Stock","author":"Globe Newswire","published_at":"2026-05-12T20:12:33.111Z","article_body":"THE WOODLANDS, Texas, May 12, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE\nAmerican: REI) (“Ring” or the “Company”) announced today that it has\ncommenced an underwritten public offering of $60,000,000 of shares of its\ncommon stock (the “Offering”). The Company intends to grant the\nunderwriters a 30-day option to purchase up to an additional $9,000,000 of\nshares of its common stock upon the same terms. The Offering is subject to\nmarket and other conditions, and there can be no assurance as to whether or\nwhen the Offering may be completed, or as to the actual size or terms of the\nOffering.\n\nThe Company intends to use the net proceeds from the Offering for the\nrepayment of outstanding borrowings under its senior secured revolving credit\nfacility. The Company intends to use any remaining proceeds for general\ncorporate purposes.\n\nMizuho, BofA Securities and Raymond James are acting as joint book-running\nmanagers for the offering.\n\nThe Offering will be made only by means of a prospectus supplement and the\naccompanying base prospectus filed as part of an effective shelf registration\nstatement filed with the Securities and Exchange Commission (\"SEC\") on Form\nS-3. Copies of the preliminary prospectus supplement and accompanying base\nprospectus relating to the Offering, as well as copies of the final prospectus\nsupplement, once available, may be obtained on the SEC's website at\nwww.sec.gov or by contacting Mizuho Securities USA LLC, Attention: Equity\nCapital Markets Desk, at 1271 Avenue of the Americas, New York, NY 10020, or\nby email at US-ECM@mizuhogroup.com, or BofA Securities, Inc., Attention:\nProspectus Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC\n28255-0001, email: dg.prospectus_requests@bofa.com, or Raymond James &\nAssociates, Inc., at 880 Carillon Parkway, St. Petersburg, Florida 33716,\nAttention: Equity Syndicate, by calling toll-free at 1-800-248-8863, or\nemailing at prospectus@raymondjames.com.\n\nThis press release does not constitute an offer to sell, a solicitation to buy\nor an offer to purchase or sell any securities, nor shall there be any sale of\nthese securities in any state or jurisdiction in which such offer,\nsolicitation or sale would be unlawful prior to registration or qualification\nunder the securities laws of any such state or jurisdiction.\n\nAbout Ring Energy, Inc.\n\nRing Energy, Inc. is a growth oriented independent oil and natural gas\nexploration and production company based in The Woodlands, Texas, engaged in\noil and natural gas development, production, acquisition, and exploration\nactivities currently focused in the Permian Basin of Texas. Its drilling\noperations target the oil and liquids rich producing formations in the\nNorthwest Shelf and the Central Basin Platform, in the Permian Basin in Texas.\n\nSafe Harbor Statement\n\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended, including statements regarding\nthe consummation of the Offering and the expected use of proceeds therefrom.\nThe words “may,” “will,” “could,” “would,” “should,”\n“believe,” “anticipate,” “intend,” “estimate,” “expect,”\n“plan,” “pursue,” “target,” “continue,” “potential,”\n“guidance,” “project,” “strategy,” “objectives,”\n“opportunity” or other similar expressions are intended to identify\nforward-looking statements, although not all forward-looking statements\ncontain such identifying words. Forward-looking statements involve a wide\nvariety of risks and uncertainties, and include, without limitation,\nstatements with respect to the Company’s business strategy, prospects,\nexpected future reserves, production, financial position, revenues, earnings,\ncosts, capital expenditures and debt levels of the Company, and plans and\nobjectives of management for future operations. Forward-looking statements are\nbased on current expectations and assumptions and analyses made by Ring and\nits management in light of their experience and perception of historical\ntrends, current conditions and expected future developments, as well as other\nfactors appropriate under the circumstances. However, whether actual results\nand developments will conform to expectations is subject to a number of\nmaterial risks and uncertainties. The forward-looking statements are subject\nto certain risks and uncertainties which are disclosed in the Company’s\nreports filed with the SEC, including its Form 10-K for the year ended\nDecember 31, 2025, and its other SEC filings. Ring undertakes no obligation to\nrevise or update publicly any forward-looking statements, except as required\nby law.\n\nContact Information\n\nSonu Johl\nEVP, Chief Financial Officer and Treasurer\nEmail: sjohl@ringenergy.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/cee6b8d0-5688-4086-91ec-5916959b76fb)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4WpYwN","title":"Ring Energy Announces Proposed Public Offering of Common Stock","author":"Globe Newswire","ticker":"REI","created":"2026-05-12T20:12:33.111Z","tickers":["REI"],"exchange":"NYSE American","article_body":"THE WOODLANDS, Texas, May 12, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE\nAmerican: REI) (“Ring” or the “Company”) announced today that it has\ncommenced an underwritten public offering of $60,000,000 of shares of its\ncommon stock (the “Offering”). The Company intends to grant the\nunderwriters a 30-day option to purchase up to an additional $9,000,000 of\nshares of its common stock upon the same terms. The Offering is subject to\nmarket and other conditions, and there can be no assurance as to whether or\nwhen the Offering may be completed, or as to the actual size or terms of the\nOffering.\n\nThe Company intends to use the net proceeds from the Offering for the\nrepayment of outstanding borrowings under its senior secured revolving credit\nfacility. The Company intends to use any remaining proceeds for general\ncorporate purposes.\n\nMizuho, BofA Securities and Raymond James are acting as joint book-running\nmanagers for the offering.\n\nThe Offering will be made only by means of a prospectus supplement and the\naccompanying base prospectus filed as part of an effective shelf registration\nstatement filed with the Securities and Exchange Commission (\"SEC\") on Form\nS-3. Copies of the preliminary prospectus supplement and accompanying base\nprospectus relating to the Offering, as well as copies of the final prospectus\nsupplement, once available, may be obtained on the SEC's website at\nwww.sec.gov or by contacting Mizuho Securities USA LLC, Attention: Equity\nCapital Markets Desk, at 1271 Avenue of the Americas, New York, NY 10020, or\nby email at US-ECM@mizuhogroup.com, or BofA Securities, Inc., Attention:\nProspectus Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC\n28255-0001, email: dg.prospectus_requests@bofa.com, or Raymond James &\nAssociates, Inc., at 880 Carillon Parkway, St. Petersburg, Florida 33716,\nAttention: Equity Syndicate, by calling toll-free at 1-800-248-8863, or\nemailing at prospectus@raymondjames.com.\n\nThis press release does not constitute an offer to sell, a solicitation to buy\nor an offer to purchase or sell any securities, nor shall there be any sale of\nthese securities in any state or jurisdiction in which such offer,\nsolicitation or sale would be unlawful prior to registration or qualification\nunder the securities laws of any such state or jurisdiction.\n\nAbout Ring Energy, Inc.\n\nRing Energy, Inc. is a growth oriented independent oil and natural gas\nexploration and production company based in The Woodlands, Texas, engaged in\noil and natural gas development, production, acquisition, and exploration\nactivities currently focused in the Permian Basin of Texas. Its drilling\noperations target the oil and liquids rich producing formations in the\nNorthwest Shelf and the Central Basin Platform, in the Permian Basin in Texas.\n\nSafe Harbor Statement\n\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended, including statements regarding\nthe consummation of the Offering and the expected use of proceeds therefrom.\nThe words “may,” “will,” “could,” “would,” “should,”\n“believe,” “anticipate,” “intend,” “estimate,” “expect,”\n“plan,” “pursue,” “target,” “continue,” “potential,”\n“guidance,” “project,” “strategy,” “objectives,”\n“opportunity” or other similar expressions are intended to identify\nforward-looking statements, although not all forward-looking statements\ncontain such identifying words. Forward-looking statements involve a wide\nvariety of risks and uncertainties, and include, without limitation,\nstatements with respect to the Company’s business strategy, prospects,\nexpected future reserves, production, financial position, revenues, earnings,\ncosts, capital expenditures and debt levels of the Company, and plans and\nobjectives of management for future operations. Forward-looking statements are\nbased on current expectations and assumptions and analyses made by Ring and\nits management in light of their experience and perception of historical\ntrends, current conditions and expected future developments, as well as other\nfactors appropriate under the circumstances. However, whether actual results\nand developments will conform to expectations is subject to a number of\nmaterial risks and uncertainties. The forward-looking statements are subject\nto certain risks and uncertainties which are disclosed in the Company’s\nreports filed with the SEC, including its Form 10-K for the year ended\nDecember 31, 2025, and its other SEC filings. Ring undertakes no obligation to\nrevise or update publicly any forward-looking statements, except as required\nby law.\n\nContact Information\n\nSonu Johl\nEVP, Chief Financial Officer and Treasurer\nEmail: sjohl@ringenergy.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/cee6b8d0-5688-4086-91ec-5916959b76fb)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-12T20:12:33.150774439Z","server_sent_at_ms":1778616753150},"received_at":"2026-05-12T20:12:33.223Z","source_url":null},"analysis":null,"durationMs":null,"modelName":null}}