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Ring Energy reported Q3 2025 results with net loss of $51.6mln, or $(0.25) per diluted share, including $72.9mln of non-cash impairment charges. Adjusted Net Income was $13.1mln, or $0.06 per diluted share, and Adjusted EBITDA was $47.7mln. The company invested $24.6mln in capital expenditures and generated $13.9mln of Adjusted Free Cash Flow. Ring paid down $20mln of debt, exceeding guidance by $2mln, and increased liquidity to $157.3mln.

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