Business Context and Reporting Period
Company: Ring Energy, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: February 22, 2021
Reporting Period: Fourth Quarter 2020 operational and financial results; initial plans and guidance for 2021.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. This 8-K serves as a notification that a press release containing these details has been issued and is attached as Exhibit 99.1.
Material Changes
The filing announces the release of fourth quarter 2020 results and 2021 guidance. Specific material changes compared to prior periods are not detailed in the text of this form but are contained within the referenced press release.
Guidance, Outlook, and Management Commentary
- Guidance: The Company announced initial plans and guidance for the 2021 fiscal year.
- Disclosure: Information regarding results and guidance is furnished under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).
- Legal Status: The information is furnished and not deemed "filed" for purposes of Section 18 of the Exchange Act, nor is it incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated February 22, 2021) for specific Q4 2020 financial figures and 2021 production/revenue guidance.
- Verify the Company's liquidity position and debt obligations as detailed in the attached press release, as this 8-K does not list them.
- Confirm the trading symbol (REI) and exchange (NYSE American) for current market data.