REI · RING ENERGY, INC.

Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 74,717 net developed acres and 4,366 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,833 net developed acres and 8,318 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was founded in 2004 and is headquartered in The Woodlands, Texas.

Cap structure and valuation

Cap structure
SP	$1.22
SO	209.4M
Options	0.1M
Warrants	0.1M
FD SO	209.5M
MC	$254.6M

Cash	$1.0M
Total debt	$427.2M
EV	$680.7M

TTM Multiples
EV / Revenue	2.3x
EV / EBITDA	—
MC / Net Income	—
EV / FCF	—
MC / FCF	—

Ownership & coverage
Institutional	31.2%
Insiders	8.9%
# Institutions	152
Analysts	1
Consensus	Strong Buy
Avg target	$2.50

Short % float	3.7%
Days to cover	1.55

MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-06. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-06-29; the float denominator can be unreliable on tiny floats.

Financial statements

	3/31/26	12/31/25	9/30/25	6/30/25
Total Revenue	73.67	66.88	78.60	82.60
Revenue YoY %	(6.9%)	(19.8%)	(11.9%)	(16.7%)
Gross Profit	—	—	—	30.61
Gross Profit YoY %	—	—	—	(38.2%)
Gross Margin %	—	—	—	37.1%

SG&A	7.44	8.03	8.14	7.14

Operating Income	(141.83)	(25.17)	(55.00)	23.48
Operating Income YoY %	(734.4%)	(206.5%)	(284.3%)	(43.9%)
Operating Margin %	(192.5%)	(37.6%)	(70.0%)	28.4%
EBITDA	(120.42)	(2.16)	(29.78)	49.05
EBITDA Margin %	(163.5%)	(3.2%)	(37.9%)	59.4%

Interest Expense	8.60	9.12	10.05	11.76
Other Income / (Expense)	(82.15)	17.64	0.62	15.02
Pretax Income	(232.58)	(16.65)	(64.43)	26.74
Tax Provision	(11.99)	(3.80)	(12.80)	6.11
Net Income	(220.59)	(12.85)	(51.63)	20.63
Net Margin %	(299.4%)	(19.2%)	(65.7%)	25.0%

Diluted EPS	-$1.06	-$0.06	-$0.25	$0.10
Basic EPS	-$1.06	-$0.06	-$0.25	$0.10
Diluted Avg Shares	208.6	—	206.7	207.0
Basic Avg Shares	208.6	—	206.7	206.5

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Total Revenue	301.76	307.18	366.33	361.06	347.25
Revenue YoY %	(1.8%)	(16.1%)	1.5%	4.0%	—
Cost of Revenue	—	—	—	0.46	1.83
Gross Profit	—	—	162.54	360.60	345.42
Gross Profit YoY %	—	—	(54.9%)	4.4%	—
Gross Margin %	—	—	44.4%	99.9%	99.5%

SG&A	30.75	31.93	29.64	29.19	27.10
Operating Expense	—	—	—	214.82	153.68

Operating Income	(198.52)	(34.34)	132.90	145.78	191.74
Operating Income YoY %	(478.1%)	(125.8%)	(8.8%)	(24.0%)	—
Operating Margin %	(65.8%)	(11.2%)	36.3%	40.4%	55.2%
EBITDA	(103.32)	62.08	231.60	234.39	247.48
EBITDA Margin %	(34.2%)	20.2%	63.2%	64.9%	71.3%

Interest Expense	39.53	40.43	43.31	43.93	23.17
Other Income / (Expense)	(48.86)	32.59	(1.68)	3.14	(21.53)
Pretax Income	(286.92)	(42.18)	87.91	104.99	147.04
Tax Provision	(22.48)	(7.45)	20.44	0.13	8.41
Net Income	(264.43)	(34.73)	67.47	104.86	138.64
Net Margin %	(87.6%)	(11.3%)	18.4%	29.0%	39.9%

Diluted EPS	-$1.27	-$0.17	$0.34	$0.54	$0.98
Basic EPS	-$1.27	-$0.17	$0.34	$0.55	$1.14
Diluted Avg Shares	208.6	205.0	200.3	195.4	141.8
Basic Avg Shares	208.6	205.0	197.9	190.6	121.3

	3/31/26	12/31/25	9/30/25	6/30/25
Cash & Equivalents	1.04	0.90	0.29	0.00
Receivables	45.73	30.94	34.50	38.73
Inventory	6.15	5.31	4.99	5.38
Other Current Assets	6.34	24.91	16.05	18.31
Total Current Assets	59.27	62.07	55.83	62.43

Net PPE	1,178.45	1,329.47	1,363.14	1,435.23
Operating Lease ROU	1.13	1.29	1.44	1.60
Other Assets	15.88	19.08	14.26	17.07
Total Assets	1,254.72	1,411.90	1,434.67	1,516.33

Accounts Payable	—	40.20	—	—
Current Lease Liabilities	0.54	0.59	0.63	0.67
Other Current Liabilities	147.32	52.91	100.99	97.65
Total Current Liabilities	147.86	93.70	101.62	98.33
Long-term Lease Liabilities	0.70	0.82	0.94	1.06
Other Liabilities	484.18	475.38	484.45	519.05
Total Liabilities	632.74	569.89	587.02	618.44

Retained Earnings	(191.57)	29.02	36.14	87.77
Total Equity	621.98	842.01	847.66	897.90

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Cash & Equivalents	1.04	0.90	1.87	0.30	3.71
Receivables	45.73	30.94	36.17	38.97	42.45
Inventory	6.15	5.31	4.05	6.14	9.25
Other Current Assets	6.34	24.91	8.36	10.51	7.75
Total Current Assets	59.27	62.07	50.45	55.91	63.17

Net PPE	1,178.45	1,329.47	1,342.12	1,293.42	1,180.07
Operating Lease ROU	1.13	1.29	1.91	2.50	1.74
Other Assets	15.88	19.08	13.62	24.67	24.03
Total Assets	1,254.72	1,411.90	1,408.10	1,376.50	1,269.00

Accounts Payable	—	40.20	39.29	37.63	40.48
Current Lease Liabilities	0.54	0.59	0.65	0.57	0.40
Other Current Liabilities	147.32	52.91	65.10	75.61	100.92
Total Current Liabilities	147.86	93.70	105.04	113.81	141.79
Long-term Lease Liabilities	0.70	0.82	1.41	2.05	1.47
Other Liabilities	484.18	475.38	443.02	474.05	464.63
Total Liabilities	632.74	569.89	549.46	589.91	607.90

Retained Earnings	(191.57)	29.02	58.02	(9.45)	(114.31)
Total Equity	621.98	842.01	858.64	786.58	661.10

	3/31/26	12/31/25	9/30/25	6/30/25
Net Income	(220.59)	(12.85)	(51.63)	20.63
D&A	21.41	23.00	25.23	25.57
Stock-Based Comp	1.52	1.47	1.62	1.35
Δ Working Cap & Other	223.56	33.06	69.28	(14.26)
Operating Cash Flow	25.89	44.69	44.49	33.30

Other Investing	(31.02)	(35.27)	(23.27)	(18.36)
Investing Cash Flow	(31.02)	(35.27)	(23.27)	(18.36)

Other Financing	5.27	(8.80)	(20.94)	(16.04)
Financing Cash Flow	5.27	(8.80)	(20.94)	(16.04)

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Net Income	(264.43)	(34.73)	67.47	104.86	138.64
D&A	95.20	96.41	98.70	88.61	55.74
Stock-Based Comp	5.97	6.14	5.51	8.83	7.16
Δ Working Cap & Other	311.63	83.03	22.74	(4.14)	(4.56)
Operating Cash Flow	148.37	150.85	194.42	198.17	196.98

Acquisitions	—	—	—	—	(177.82)
Other Investing	(107.92)	(179.50)	(150.85)	(222.57)	(131.06)
Investing Cash Flow	(107.92)	(179.50)	(150.85)	(222.57)	(308.88)

Stock Issuance	—	0.00	0.00	12.30	8.20
Other Financing	(40.52)	27.69	(42.00)	8.69	105.01
Financing Cash Flow	(40.52)	27.69	(42.00)	20.99	113.21

	3/31/26	12/31/25	9/30/25	6/30/25
Current Ratio	0.40	0.66	0.55	0.63
Quick Ratio	0.36	0.61	0.50	0.58
Debt / Equity	1.02	0.68	0.69	0.69
EBITDA Margin %	(163.5%)	(3.2%)	(37.9%)	59.4%
Working Capital	(88.59)	(31.63)	(45.80)	(35.90)
Net Debt	—	—	—	—
ROE %	(35.5%)	(1.5%)	(6.1%)	2.3%
ROA %	(17.6%)	(0.9%)	(3.6%)	1.4%

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Current Ratio	0.40	0.66	0.48	0.49	0.45
Quick Ratio	0.36	0.61	0.44	0.44	0.38
Debt / Equity	1.02	0.68	0.64	0.75	0.92
EBITDA Margin %	(34.2%)	20.2%	63.2%	64.9%	71.3%
Working Capital	(88.59)	(31.63)	(54.59)	(57.90)	(78.63)
Net Debt	—	—	—	—	—
ROE %	(42.5%)	(4.1%)	7.9%	13.3%	21.0%
ROA %	(21.1%)	(2.5%)	4.8%	7.6%	10.9%

Insider activity (last 2 years)

Date Filed	Reporter	Relationship	Trans. Date	Code	Shares	Price	Total Value
2026-06-16	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2026-06-15	P	50,000	$1.19	$59,500
2026-06-16	Johl Sundip Singh	Officer (EVP, Chief Financial Officer)	2026-06-15	P	231,000	$1.21	$278,840
2026-03-06	Johl Sundip Singh	Officer (EVP, Chief Financial Officer)	2026-03-05	A	317,460	—	$0
2026-02-20	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2026-02-17	A	952,381	—	$0
2026-02-20	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2026-02-17	A	559,118	—	$0
2026-02-20	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2026-02-17	F	(220,014)	$1.26	-$277,218
2026-02-20	Dyes Alexander	Officer (EVP Chief Operations Officer)	2026-02-17	A	317,460	—	$0
2026-02-20	Dyes Alexander	Officer (EVP Chief Operations Officer)	2026-02-17	A	121,547	—	$0
2026-02-20	Dyes Alexander	Officer (EVP Chief Operations Officer)	2026-02-17	F	(47,829)	$1.26	-$60,265
2026-02-20	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2026-02-16	F	(54,358)	$1.27	-$69,035
2026-02-20	Dyes Alexander	Officer (EVP Chief Operations Officer)	2026-02-16	F	(13,409)	$1.27	-$17,029
2026-02-20	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2026-02-13	F	(54,358)	$1.27	-$69,035
2026-02-20	Dyes Alexander	Officer (EVP Chief Operations Officer)	2026-02-13	F	(18,772)	$1.27	-$23,840
2026-02-20	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2026-02-12	F	(90,360)	$1.21	-$109,336
2026-02-20	Dyes Alexander	Officer (EVP Chief Operations Officer)	2026-02-12	F	(26,863)	$1.21	-$32,504
2026-02-19	Parr James J.	Officer (EVP, Chief Exploration Officer)	2026-02-17	A	317,460	—	$0
2026-02-19	FEINER PHILLIP B	Officer (Senior VP, General Counsel)	2026-02-17	A	238,095	—	$0
2026-02-19	Young Shawn D.	Officer (Senior VP, Operations)	2026-02-17	A	222,222	—	$0
2026-02-19	Kwon Rocky	Officer (Interim CFO)	2026-02-17	A	132,063	—	$0
2026-02-19	MITCHELL THOMAS L	Director	2026-02-17	A	119,048	—	$0
2026-02-19	Habachy David	Director	2026-02-17	A	119,048	—	$0
2026-02-19	HARRIS RICHARD E	Director	2026-02-17	A	119,048	—	$0
2026-02-19	Tharp Carla Todd	Director	2026-02-17	A	119,048	—	$0
2026-02-19	Petrelli Anthony Benedict	Director	2026-02-17	A	119,048	—	$0
2026-02-19	CRUM JOHN A	Director	2026-02-17	A	119,048	—	$0
2026-02-19	Young Shawn D.	Officer (Senior VP, Operations)	2026-02-16	F	(14,080)	$1.27	-$17,882
2026-02-19	Kwon Rocky	Officer (Interim CFO)	2026-02-16	F	(6,185)	$1.27	-$7,855
2026-02-19	Young Shawn D.	Officer (Senior VP, Operations)	2026-02-13	F	(14,361)	$1.27	-$18,238
2026-02-19	Kwon Rocky	Officer (Interim CFO)	2026-02-13	F	(7,285)	$1.27	-$9,252
2026-02-19	Parr James J.	Officer (EVP, Chief Exploration Officer)	2026-02-12	F	(26,863)	$1.21	-$32,504
2026-02-19	FEINER PHILLIP B	Officer (Senior VP, General Counsel)	2026-02-12	F	(12,343)	$1.21	-$14,935
2026-02-19	Young Shawn D.	Officer (Senior VP, Operations)	2026-02-12	F	(11,980)	$1.21	-$14,496
2026-02-19	Kwon Rocky	Officer (Interim CFO)	2026-02-12	F	(10,689)	$1.21	-$12,934
2025-11-20	Parr James J.	Officer (EVP, Chief Exploration Officer)	2025-11-18	F	(6,737)	$0.95	-$6,432
2025-09-22	Young Shawn D.	Officer (Senior VP, Operations)	2025-09-19	F	(4,030)	$0.99	-$3,991
2025-08-15	FEINER PHILLIP B	Officer (Senior VP, General Counsel)	2025-07-31	F	(6,218)	$0.76	-$4,747
2025-08-14	Dyes Alexander	Officer (EVP Chief Operations Officer)	2025-08-14	P	29,069	$0.86	$24,950
2025-08-13	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2025-08-12	P	20,000	$0.84	$16,712
2025-08-13	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2025-08-11	P	30,000	$0.80	$24,033
2025-06-16	Warburg Pincus (E&P) XII LLC	10% Owner	2025-06-13	S	(2,486,027)	$0.92	-$2,287,145
2025-06-16	Warburg Pincus & Co US, LLC	10% Owner	2025-06-13	S	(2,486,027)	$0.92	-$2,287,145
2025-06-12	Warburg Pincus (E&P) XII LLC	10% Owner	2025-06-12	S	(228,008)	$0.82	-$186,967
2025-06-12	Warburg Pincus & Co US, LLC	10% Owner	2025-06-12	S	(228,008)	$0.82	-$186,967
2025-06-12	Warburg Pincus (E&P) XII LLC	10% Owner	2025-06-11	S	(652,380)	$0.81	-$528,428
2025-06-12	Warburg Pincus & Co US, LLC	10% Owner	2025-06-11	S	(652,380)	$0.81	-$528,428
2025-06-12	Warburg Pincus (E&P) XII LLC	10% Owner	2025-06-10	S	(505,340)	$0.81	-$409,325
2025-06-12	Warburg Pincus & Co US, LLC	10% Owner	2025-06-10	S	(505,340)	$0.81	-$409,325
2025-06-09	Warburg Pincus (E&P) XII LLC	10% Owner	2025-06-09	S	(257,468)	$0.78	-$200,825
2025-06-09	Warburg Pincus & Co US, LLC	10% Owner	2025-06-09	S	(257,468)	$0.78	-$200,825
2025-06-09	Warburg Pincus (E&P) XII LLC	10% Owner	2025-06-06	S	(215,476)	$0.77	-$165,917
2025-06-09	Warburg Pincus & Co US, LLC	10% Owner	2025-06-06	S	(215,476)	$0.77	-$165,917
2025-06-09	Warburg Pincus (E&P) XII LLC	10% Owner	2025-06-05	S	(26,606)	$0.75	-$19,954
2025-06-09	Warburg Pincus & Co US, LLC	10% Owner	2025-06-05	S	(26,606)	$0.75	-$19,954
2025-06-04	Warburg Pincus (E&P) XII LLC	10% Owner	2025-06-04	S	(321,289)	$0.76	-$244,180
2025-06-04	Warburg Pincus & Co US, LLC	10% Owner	2025-06-04	S	(321,289)	$0.76	-$244,180
2025-06-04	Warburg Pincus (E&P) XII LLC	10% Owner	2025-06-03	S	(521,232)	$0.79	-$411,773
2025-06-04	Warburg Pincus & Co US, LLC	10% Owner	2025-06-03	S	(521,232)	$0.79	-$411,773
2025-06-04	Warburg Pincus (E&P) XII LLC	10% Owner	2025-06-02	S	(495,278)	$0.76	-$376,411
2025-06-04	Warburg Pincus & Co US, LLC	10% Owner	2025-06-02	S	(495,278)	$0.76	-$376,411
2025-05-29	Warburg Pincus (E&P) XII LLC	10% Owner	2025-05-28	S	(31,171)	$0.80	-$24,937
2025-05-29	Warburg Pincus & Co US, LLC	10% Owner	2025-05-28	S	(31,171)	$0.80	-$24,937
2025-05-29	Warburg Pincus (E&P) XII LLC	10% Owner	2025-05-27	S	(55,700)	$0.80	-$44,560
2025-05-29	Warburg Pincus & Co US, LLC	10% Owner	2025-05-27	S	(55,700)	$0.80	-$44,560
2025-05-22	Warburg Pincus (E&P) XII LLC	10% Owner	2025-05-20	S	(95,782)	$0.80	-$76,626
2025-05-22	Warburg Pincus & Co US, LLC	10% Owner	2025-05-20	S	(95,782)	$0.80	-$76,626
2025-05-22	Dyes Alexander	Officer (EVP Chief Operations Officer)	2025-05-20	P	63,203	$0.79	$49,994
2025-05-19	Warburg Pincus (E&P) XII LLC	10% Owner	2025-05-19	S	(193,940)	$0.82	-$159,031
2025-05-19	Warburg Pincus & Co US, LLC	10% Owner	2025-05-19	S	(193,940)	$0.82	-$159,031
2025-05-19	Warburg Pincus (E&P) XII LLC	10% Owner	2025-05-16	S	(406,408)	$0.81	-$329,190
2025-05-19	Warburg Pincus & Co US, LLC	10% Owner	2025-05-16	S	(406,408)	$0.81	-$329,190
2025-05-19	Warburg Pincus (E&P) XII LLC	10% Owner	2025-05-15	S	(554,102)	$0.84	-$465,446
2025-05-19	Warburg Pincus & Co US, LLC	10% Owner	2025-05-15	S	(554,102)	$0.84	-$465,446
2025-05-14	Warburg Pincus (E&P) XII LLC	10% Owner	2025-05-14	S	(455,655)	$0.89	-$405,533
2025-05-14	Warburg Pincus & Co US, LLC	10% Owner	2025-05-14	S	(455,655)	$0.89	-$405,533
2025-05-14	Warburg Pincus (E&P) XII LLC	10% Owner	2025-05-13	S	(634,481)	$0.91	-$577,378
2025-05-14	Warburg Pincus & Co US, LLC	10% Owner	2025-05-13	S	(634,481)	$0.91	-$577,378
2025-05-14	Warburg Pincus (E&P) XII LLC	10% Owner	2025-05-12	S	(300,000)	$0.90	-$270,000
2025-05-14	Warburg Pincus & Co US, LLC	10% Owner	2025-05-12	S	(300,000)	$0.90	-$270,000
2025-05-01	Tharp Carla Todd	Director	2025-04-29	A	76,177	—	$0
2025-04-02	CRUM JOHN A	Director	2025-04-01	P	50,000	$1.15	$57,500
2025-03-11	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2025-03-10	P	200,000	$1.08	$215,200
2025-02-26	Warburg Pincus (E&P) XII LLC	10% Owner	2025-02-24	S	(6,575,000)	$1.23	-$8,087,250
2025-02-26	Warburg Pincus & Co US, LLC	10% Owner	2025-02-24	S	(6,575,000)	$1.23	-$8,087,250
2025-02-19	Dyes Alexander	Officer (EVP Engineering, Corp Strategy)	2025-02-16	F	(10,616)	$1.32	-$14,013
2025-02-19	Thomas Travis	Officer (EVP, Chief Financial Officer)	2025-02-16	F	(7,313)	$1.36	-$9,946
2025-02-19	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2025-02-16	F	(54,358)	$1.36	-$73,927
2025-02-19	Young Shawn D.	Officer (Vice President of Operations)	2025-02-16	F	(13,448)	$1.36	-$18,289
2025-02-18	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2025-02-13	F	(54,343)	$1.32	-$71,733
2025-02-18	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2025-02-13	A	380,882	—	$0
2025-02-18	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2025-02-13	F	(149,878)	$1.32	-$197,839
2025-02-18	Dyes Alexander	Officer (EVP Engineering, Corp Strategy)	2025-02-13	F	(17,091)	$1.32	-$22,560
2025-02-18	Dyes Alexander	Officer (EVP Engineering, Corp Strategy)	2025-02-13	A	95,221	—	$0
2025-02-18	Dyes Alexander	Officer (EVP Engineering, Corp Strategy)	2025-02-13	F	(33,534)	$1.32	-$44,265
2025-02-18	Young Shawn D.	Officer (Vice President of Operations)	2025-02-13	F	(13,718)	$1.32	-$18,108
2025-02-18	Thomas Travis	Officer (EVP, Chief Financial Officer)	2025-02-13	F	(12,466)	$1.32	-$16,455
2025-02-18	Thomas Travis	Officer (EVP, Chief Financial Officer)	2025-02-13	A	95,221	—	$0
2025-02-18	Thomas Travis	Officer (EVP, Chief Financial Officer)	2025-02-13	F	(24,811)	$1.32	-$32,751
2025-02-14	Petrelli Anthony Benedict	Director	2025-02-12	A	91,463	—	$0
2025-02-14	Roesener Regina	Director	2025-02-12	A	91,463	—	$0
2025-02-14	HARRIS RICHARD E	Director	2025-02-12	A	91,463	—	$0
2025-02-14	Habachy David	Director	2025-02-12	A	91,463	—	$0
2025-02-14	CRUM JOHN A	Director	2025-02-12	A	91,463	—	$0
2025-02-14	MITCHELL THOMAS L	Director	2025-02-12	A	91,463	—	$0
2025-02-14	Young Shawn D.	Officer (Vice President of Operations)	2025-02-12	A	80,488	—	$0
2025-02-14	FEINER PHILLIP B	Officer (VP, General Counsel)	2025-02-12	A	82,927	—	$0
2025-02-14	Parr James J.	Officer (EVP, Exploration & Geosciences)	2025-02-12	A	180,488	—	$0
2025-02-14	Thomas Travis	Officer (EVP, Chief Financial Officer)	2025-02-12	A	180,488	—	$0
2025-02-14	Dyes Alexander	Officer (EVP Engineering, Corp Strategy)	2025-02-12	A	180,488	—	$0
2025-02-14	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2025-02-12	A	595,122	—	$0
2025-02-14	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2025-02-09	F	(41,653)	$1.27	-$52,899
2025-02-14	Dyes Alexander	Officer (EVP Engineering, Corp Strategy)	2025-02-09	F	(9,714)	$1.27	-$12,337
2025-02-14	Thomas Travis	Officer (EVP, Chief Financial Officer)	2025-02-09	F	(7,085)	$1.27	-$8,998
2025-01-03	Roesener Regina	Director	2024-12-23	S	(97,097)	$1.22	-$118,458
2024-12-30	Roesener Regina	Director	2024-12-23	S	(16,000)	$1.25	-$20,000
2024-12-11	Parr James J.	Officer (EVP, Exploration & Geosciences)	2024-12-09	A	83,000	—	$0
2024-10-09	Warburg Pincus & Co US, LLC	10% Owner	2024-10-08	S	(4,400,000)	$1.62	-$7,128,000
2024-10-09	Warburg Pincus (E&P) XII LLC	10% Owner	2024-10-08	S	(4,400,000)	$1.62	-$7,128,000
2024-09-20	Warburg Pincus & Co US, LLC	10% Owner	2024-09-18	S	(6,200,000)	$1.64	-$10,168,000
2024-09-20	Warburg Pincus (E&P) XII LLC	10% Owner	2024-09-18	S	(6,200,000)	$1.64	-$10,168,000
2024-08-15	FEINER PHILLIP B	Officer (VP, General Counsel)	2024-08-14	A	76,600	—	$0
2024-06-20	Dyes Alexander	Officer (EVP Engineering, Corp Strategy)	2024-06-17	F	(5,819)	$1.61	-$9,369
2024-06-18	Baghdati Marinos Christos	Officer (EVP Operations)	2024-06-17	F	(5,819)	$1.61	-$9,369
2024-06-18	McKinney Paul D.	Director, Officer (CEO and Chairman of the Board)	2024-06-17	F	(23,274)	$1.61	-$37,471
2024-06-18	Brooks Stephen Donald	Officer (EVP-Land, Legal, HR, Marketing)	2024-06-17	F	(5,819)	$1.61	-$9,369
2024-06-18	Thomas Travis	Officer (EVP, Chief Financial Officer)	2024-06-17	F	(5,819)	$1.61	-$9,369