- Ring Energy (NYSE:REI) -1.4% AH after announcing a public offering of unspecified size, with an underwriters option to purchase up to an additional 15% of the shares offered.
- REI says it plans to use the proceeds to fund the previously announced acquisition of producing wells and leaseholds in Texas' Culberson and Reeves counties, and for general corporate purposes.
Ring Energy to launch share offering, size not disclosed
Recommended For You
More Trending News
About REI Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
REI | - | - |
Ring Energy, Inc. |