Ring Energy Inc - ESG Rating & Company Profile powered by AI
This report of Ring Energy Inc leverages information from across the internet and also from public disclosures by Ring Energy Inc. This ESG rating covers 17 United Nations SDGs including: 'Good Health & Wellbeing', 'Reduced Inequalities' and 'Life below Water'. The report of Ring Energy Inc was prepared by All Street Sevva using proprietary machine learning.
Ring Energy Inc in the Oil & Gas Exploration & Production industry gained a UN SDG ESG Transparency Score of 6.1; made up of an environmental score of 5.7, social score of 6.7 and governance score of 5.7.
6.1
Medium ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Diversified Energy Company PLC | 8.4 | High |
| 2 | APA Corp (US) | 8.3 | High |
| 187 | Seplat Energy PLC | 6.3 | High |
| 187 | Warrego Energy Ltd | 6.3 | High |
| 198 | Ring Energy Inc | 6.1 | High |
| 198 | Empire Energy Group Ltd | 6.1 | High |
| 198 | Continental Resources Inc | 6.1 | High |
| ... | ... | ... | |
| 546 | Vanoil Energy Ltd | 0.0 | Low |
| 546 | West Isle Energy Inc | 0.0 | Low |
| ... | ... | ... |
Frequently Asked Questions
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Potential Risks for Ring Energy Inc
These potential risks are based on the size, segment and geographies of the company.
Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company's proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was incorporated in 2004 and is headquartered in The Woodlands, Texas.