Company: REI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001384195-25-000018
Chunk: 106

Company: RING ENERGY, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 106
---
065,490 $(3,109,660)$1,858,524 $(9,921,757)Cash received (paid) for natural gas derivatives520,740 1,226,895 851,955 3,982,980 Cash received (paid) for derivative settlements, net$2,586,230 $(1,882,765)$2,710,479 $(5,938,777)The following tables reflect the details of current derivative contracts as of September 30, 2025 (quantities are in barrels (Bbl) for the oil derivative contracts and in million British thermal units (MMBtu) for the natural gas derivative contracts):Oil Hedges (WTI)Q4 2025Q1 2026Q2 2026Q3 2026Q4 2026Q1 2027Q2 2027Q3 2027Swaps:Hedged volume (Bbl)241,755 608,350 577,101 171,400 529,000 509,500 492,000 432,000 Weighted average swap price$65.56 $67.95 $66.50 $62.26 $65.34 $62.82 $60.45 $61.80 Two-way collars:Hedged volume (Bbl)404,800 — — 379,685 — — — — Weighted average put price$60.00 $— $— $60.00 $— $— $— $— Weighted average call price$75.68 $— $— $72.50 $— $— $— $— Gas Hedges (Henry Hub)Q4 2025Q1 2026Q2 2026Q3 2026Q4 2026Q1 2027Q2 2027Q3 2027NYMEX Swaps:Hedged volume (MMBtu)84,300 140,600 662,300 121,400 613,300 — — 612,000 Weighted average swap price$4.25 $4.20 $3.54 $4.22 $3.83 $— $— $3.74 Two-way collars:Hedged volume