Ring Energy forecasts 2027 capital spending of $135 million to $165 million

Bitget2026/11/06 12:06

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Ring Energy forecasts 2027 production of 21,000-23,000 barrels of oil equivalent per day.
Capital spending is projected at $135 million-$165 million, weighted toward the first half.
Lease operating expenses are expected to range from $9.70 to $10.50 per barrel of oil equivalent.
Fourth-quarter 2026 production guidance is 20,400-21,200 barrels of oil equivalent per day, with capital spending of $43 million-$48 million.
Divestitures will reduce fourth-quarter volumes by about 600 barrels of oil equivalent per day; third-quarter non-core asset sales generated $30.5 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ring Energy Inc. published the original content used to generate this news brief on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ring Energy forecasts 2027 capital spending of $135 million to $165 million

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