Ring Energy Q2 2026 net income swings to USD 64.8 million; revenue rises 42% to USD 104.7 million - REI News | RalliesRing Energy Q2 2026 net income swings to USD 64.8 million; revenue rises 42% to USD 104.7 million
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REI• Ring Energy reports higher revenue, income and cash flow in Q2 2026
- Ring Energy posted GAAP net income of USD 64.8 million, or USD 0.27 per diluted share, for Q2 2026.
- Revenue climbed 42% from Q1 2026 to USD 104.7 million; average realized price rose 36% to USD 57.55 per Boe.
- Adjusted EBITDA (non-GAAP) increased 42% from Q1 2026 to USD 54.5 million; adjusted free cash flow (non-GAAP) was USD 4.4 million.
- Oil output totaled 12,683 barrels a day; lease operating expense eased 3% from Q1 2026 to USD 10.12 per Boe.
- Borrowings under the revolving credit facility fell USD 66 million to USD 360 million; 2H 2026 oil guidance was raised to 13,000-13,950 Bopd.
