Ring Energy Inc (AMEX:REI)
$ 1.25 -0.01 (-0.79%) Market Cap: 249.73 Mil Enterprise Value: 650.19 Mil PE Ratio: 2.21 PB Ratio: 0.29 GF Score: 78/100
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Ring Energy Inc Acquisition of Stronghold Energy II Operating, LLC and Stronghold Energy II Royalties, LP - M&A Call Transcript

Jul 05, 2022 / 03:00PM GMT
Release Date Price: $2.56 (-3.03%)
Operator

Good morning, and welcome to today's conference to discuss Ring Energy's acquisition of the assets owned and operated by Stronghold Energy II. (Operator Instructions) Please note this event is being recorded. I would now like to turn the conference over to Al Petrie, Investor Relations for Ring Energy. Please go ahead, sir.

Al Petrie
Ring Energy, Inc. - Officer of IR

Thank you, Chuck, and good morning, everyone. We appreciate your interest in Ring Energy. On today's call, Paul McKinney, our Chairman and CEO, will discuss the company's transformational and immediately accretive acquisition of Stronghold's assets in Central Basin Platform. We will then open up the call for questions.

Joining us on the call today and available for the Q&A session are Travis Thomas, Executive Vice President and Chief Financial Officer; Alex Dyes, Executive VP of Engineering and Corporate Strategy; Marinos Baghdati, Executive VP of Operations; and Steve Brooks, Executive VP of Land, Legal, Human Resources and Marketing. (Operator Instructions) I would also note that we

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