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THE WOODLANDS, Texas, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the timing of its third quarter 2026 earnings release and conference call.
Options traders are taking a bearish stance on two stocks attracting unusual volume today: Pacira BioSciences Inc (NASDAQ:PCRX) and Ring Energy Inc (NYSEAMERICAN:REI).
Ring Energy NYSEAMERICAN: REI executives said the company is positioning for higher production, improved capital efficiency and lower leverage in 2027 as it expands horizontal drilling across its Central Basin Platform assets in West Texas.
Ring Energy, Inc. (NYSEAMERICAN:REI - Get Free Report) was the recipient of unusually large options trading activity on Tuesday. Stock traders acquired 10,351 call options on the stock. This is an increase of approximately 417% compared to the average volume of 2,001 call options. Ring Energy Stock Up 1.3% NYSEAMERICAN:REI opened at $1.52 on Wednesday.
Ring Energy (NYSEAMERICAN:REI) Chairman and Chief Executive Officer Paul McKinney outlined the company's strategy to expand oil production and improve capital efficiency through longer horizontal drilling programs in the Central Basin Platform and southern shelf areas of the Permian Basin. Speaking at an EnerCom event, McKinney said the company has grown from producing less than
Ring Energy NYSEAMERICAN: REI Chairman and Chief Executive Officer Paul McKinney outlined the company's strategy to expand oil production and improve capital efficiency through longer horizontal drilling programs in the Central Basin Platform and southern shelf areas of the Permian Basin.
Ring increased its 2026 capex budget to $168 million from its initial $115 million budget. This allows it to drill more horizontal wells, with the impact mostly benefitting 2027 production. Ring's initial 2027 outlook involves 10% production growth with a $150 million capex budget.