Ring Energy: A Look At Its Projected 2026 Results (Rating Downgrade)

Elephant AnalyticsInvesting Group LeaderFollow5ShareSavePlay(9min)CommentsSummaryRing Energy is projected to generate $48 million in 2026 free cash flow at current strip prices.This would help reduce its debt to around $367 million at the end of 2026.2026 WTI oil strip is around $71 currently, with April 2026 futures near $80.Ring's non-oil production is expected to realize near zero during 2026, although Waha differentials are expected to improve in 2027.Looking for more investing ideas like this one? Get them exclusively at Distressed Value Investing. Learn More » IURII KRASILNIKOV/iStock via Getty Images Ring Energy (REI) is projected to generate $48 million in 2026 free cash flow at current strip prices while roughly maintaining production levels. It does benefit from the recent spike in oil prices, although the oilThis article was written byElephant Analytics11.81K FollowersFollowAaron Chow, aka Elephant Analytics has 15+ years of analytical experience and is a top rated analyst on TipRanks. Aaron previously co-founded a mobile gaming company (Absolute Games) that was acquired by PENN Entertainment. He used his analytical and modeling skills to design the in-game economic models for two mobile apps with over 30 million in combined installs. He is the author of the investing group Distressed Value Investing, which focuses on both value opportunities and distressed plays, with a significant focus on the energy sector. Learn more>>Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.