0.14Open0.14Pre Close0 Volume7.00K Open Interest2.00Strike Price0.00Turnover65.36%IV4.62%PremiumAug 16, 2024Expiry Date0.05Intrinsic Value100Multiplier22DDays to Expiry0.09Extrinsic Value100Contract SizeAmericanOptions Type-0.5240Delta1.2739Gamma13.00Leverage Ratio-0.0027Theta-0.0006Rho-6.81Eff Leverage0.0019Vega
Ring Energy Stock Discussion
Ring Energy Increases Sales Guidance and Announces Debt Reduction Results for Second Quarter 2024
Ring Energy has increased its sales guidance for Q2 2024, projecting 13,500 to 13,700 Bopd and 19,500 to 19,700 Boepd, surpassing prior guidance ranges. The company reduced its debt by $15 million, ending the period with $407 million of outstanding borrowings. This debt reduction was driven by higher-than-expected sales volumes and efficiencies in their drilling program. Ri...
NEWS
Ring Energy Announces First Quarter 2024 Results, Provides Second Quarter 2024 Outlook and Reiterates Full Year 2024 Guidance
Ring Energy, Inc. (NYSE American: REI) reported operational and financial results for Q1 2024, exceeding sales volumes guidance by 5%, net income of $5.5 million, Adjusted Net Income of $20.3 million, and Adjusted EBITDA of $62.0 million. The company also announced guidance for Q2 2024, with sales volumes of 13,000 to 13,400 Bo/d and capital spe...
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