Effective February 13, 2018
MIDLAND, Texas–(BUSINESS WIRE)–Ring Energy, Inc. (NYSE American: REI) (“Ring”) (“Company”) announced it has been added to the S&P SmallCap 600 Index, effective February 13, 2018, prior to the market open. The S&P SmallCap 600 measures the small-cap segment of the U.S. equity market. It consists of 600 domestic stocks selected by Standard & Poor’s Index Committee based on specific eligibility criteria such as market capitalization, liquidity, and financial viability.
Mr. Kelly Hoffman, Chief Executive Officer and Director of Ring Energy, Inc., commented, “We are extremely honored to have Ring included in the S&P SmallCap 600 Index. As we continue to work to deliver growth and shareholder value, we believe the additional credibility by being a part of this index will further attract a broader base of investors and increase liquidity.”
About Ring Energy, Inc.
Ring Energy, Inc. is an oil and gas exploration, development and production company with current operations in Texas.