Q1: 2026-05-06 Earnings Summary
EPS of $0.04 beats by $0.02
| Revenue of $73.67M (-6.85% Y/Y) beats by $3.77M
Ring Energy, Inc. (REI) Q1 2026 Earnings Call May 7, 2026 11:00 AM EDT
Company Participants
Al Petrie – Officer of Investor Relations
Paul McKinney – CEO & Chairman of the Board
James Parr
Alexander Dyes – Executive VP & Chief Operations Officer
Sundip Johl – Executive VP, CFO & Treasurer
Shawn Young – Senior Vice President of Operations
Conference Call Participants
Poe Fratt
Presentation
Operator
Good day, and welcome to Ring Energy’s First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Al Petrie, Investor Relations. Please go ahead.
Al Petrie
Officer of Investor Relations
Thank you, operator, and good morning, everyone. We appreciate your interest in Ring Energy. We’ll begin our call with comments from Paul McKinney, our Chairman of the Board and CEO, who will provide an overview of key matters for the first quarter of 2026. We’ll then turn the call over to Sundip Johl, Ring Energy’s Executive VP and Chief Financial Officer and Treasurer, who will review our financial results. Paul will then return with some closing comments before we open up the call for questions. Also joining us on the call today are James Parr, Executive VP and Chief Exploration Officer; Alex Dyes, Executive VP and Chief Operations Officer; and Shawn Young, Senior VP of Operations. [Operator Instructions]. I would also note that we have posted an updated corporate presentation on our website.
During the course of this conference call, the company will be making forward-looking statements within the meaning of federal securities laws. Investors are cautioned that forward-looking statements are not guarantees of future performance, and those actual results or developments may differ materially from those projected in the forward-looking statements. Finally, the company can give no assurance that such forward-looking statements will prove to be