Ring Energy Inc 2024年度报告

Ring Energy, Inc. (Exact name of registrant as specified in its charter) (Registrant’s telephone number, including area code) Securities registered under Section 12(b) of the Exchange Act: Securities registered under Section 12(g) of the Exchange Act:None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YesoNox Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. YesoNox Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 duringthe preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirementsfor the past 90 days.YesxNoo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).YesxNoo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or anemerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" inRule 12b-2 of the Exchange Act. Large accelerated fileroAccelerated filerxNon-accelerated filero(Do not check if a smaller reporting company)Smaller reporting companyoEmerging growth companyo If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal controlover financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued itsaudit report.x If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filingreflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received byany of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is shell company (as defined in Rule 12b-2 of the Act). YesoNox As of June 30, 2024, the aggregate market value of the common voting stock held by non-affiliates of the registrant, based upon the closing stock price on thatday on the NYSE American of $1.69 per share, was $248,886,295. As of March5, 2025, the registrant had outstanding199,955,529shares of common stock ($0.001 par value). DOCUMENTS INCORPORATED BY REFERENCE The information required by Part III of this Report, to the extent not set forth herein, is incorporated herein by reference from the registrant’s definitive proxystatement relating to the Annual Meeting of Stockholders to be held in 2025, which definitive proxy statement shall be filed with the Securities and ExchangeCommission within 120 days after the end of the fiscal year to which this Report relates. TABLE OF CONTENTS Forward Looking Statements3Glossary of Certain Oil and Natural Gas Terms5PART IItem 1:Business8Item 1A:Risk Factors19Item 1B:Unresolved Staff Comments32Item 1C:Cybersecurity32Item 2:Properties33Item 3:Legal Proceedings46Item 4:Mine Safety Disclosures46PART IIItem 5:Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities46Item 6:Reserved47Item 7:Management’s Discussion and Analysis of Financial Condition and Results of Operations48Item 7A:Quantitative and Qualitative Disclosures About Market Risk60Item 8:Financial Statements and Supplementary Data62Item 9:Changes in and Disagreement’s With Accountants on Accounting and Financial Disclosure62Item 9A:Controls and Procedures62Item 9B:Other Information65Item 9C:Disclosure Regarding Foreign Jurisdictions that Prevent Inspections65PART IIIItem 10:Directors, Executive Officers and Corporate Governance65Item 11:Executive Compensation65Item 12:Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters65Item 13:Certain Relationships and Related Transactions, and Director Independence65Item 14:Principal Accountant Fees and Services65PART IVItem 15:Exhibit and Financial Statement Schedules66Item 16:Form 10-K Summary68 Forward Looking Statements This Annual Report on