Ring Energy EVP Dyes Buys $24,949 in Common Stock

Published 14/08/2025, 23:22
Ring Energy EVP Dyes Buys $24,949 in Common Stock

Ring Energy (NASDAQ:REI) Executive Vice President and Chief Operations Officer Alexander Dyes acquired 29069 shares of common stock on August 14, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The stock has traded between $344.35 and $445.42 over the past 52 weeks, with shares currently at $392.25.

The shares were purchased at a price of $0.8583, totaling approximately $24949. Following the transaction, Dyes directly owns 907156 shares of Ring Energy. The stock is down about 1.6% year-to-date. For deeper insights into insider trading patterns and comprehensive analysis, check out Ring Energy’s detailed research report on InvestingPro, which covers executive transactions and valuation metrics.

In other recent news, Ring Energy has announced that its borrowing base remains steady at $585 million under its $1.0 billion senior secured credit facility. The company has also extended the term of this credit facility to June 2029. Additionally, Ring Energy has appointed Bank of America, N.A. as its new administrative agent. As part of this change, the company has secured a 25 basis point reduction in the applicable margin pricing grid. The next bank redetermination is scheduled for fall 2025. These developments reflect the company’s ongoing efforts to manage its financial commitments effectively.

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