Company: REI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001384195-25-000018
Chunk: 105

Company: RING ENERGY, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 105
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 Company’s contracts on its Condensed Balance Sheets for the periods indicated.As ofSeptember 30, 2025December 31, 2024Commodity derivative instruments, marked to market:Derivatives assets, current$12,854,010 $5,497,057 Derivative assets, noncurrent$4,232,434 $5,473,375 Derivative liabilities, current$2,277,994 $6,410,547 Derivative liabilities, noncurrent$1,708,221 $2,912,745 The components of “Gain (loss) on derivative contracts” from the Condensed Statements of Operations are as follows for the respective periods:For the Three Months EndedFor the Nine Months EndedSeptember 30, 2025September 30, 2024September 30, 2025September 30, 2024Oil derivatives:Realized gain (loss) on oil derivatives$2,065,490 $(3,109,660)$1,858,524 $(9,921,757)Unrealized gain (loss) on oil derivatives(3,526,149)27,238,245 10,961,216 12,552,517 Gain (loss) on oil derivatives$(1,460,659)$24,128,585 $12,819,740 $2,630,760 Natural gas derivatives:Realized gain (loss) on natural gas derivatives520,740 1,226,895 $851,955 $3,982,980 Unrealized gain (loss) on natural gas derivatives1,384,224 (623,855)491,874 (2,725,209)Gain (loss) on natural gas derivatives$1,904,964 $603,040 $1,343,829 $1,257,771 Gain (loss) on derivative contracts$444,305 $24,731,625 $14,163,569 $3,888,531 The components of “Cash received (paid) for derivative settlements, net” within the Condensed Statements of Cash Flows are as follows for the respective periods:For the Three Months EndedFor the Nine Months EndedSeptember 30, 2025September 30, 2024September 30, 2025September 30, 2024Cash flows from operating activitiesCash received (paid) for oil derivatives$2,