Thomas L. Mitchell serves as Independent Director of the Company. Mr. Mitchell is a strategic finance leader with a record of driving growth in energy business models as the Chief Financial Officer of both large and small companies in the oil and gas industry. He has had a career of strong Fortune 500 experience with exploration and production companies and broad energy exposure with offshore drilling and midstream gathering and marketing companies. In his last position as Executive Vice President and Chief Financial Officer of Devon Energy Corporation (“Devon”), Mr. Mitchell led the finance and business development organizations, and also helped Devon successfully strengthen its asset quality through strategic acquisitions. Following his formal education, Mr. Mitchell began his career in public accounting with Arthur Andersen & Co., where he practiced as a certified public accountant. He entered the oil and gas industry in 1989 at Apache Corporation where he spent eighteen years in various finance and commercial roles, the last being Vice President and Controller.
Thomas Mitchell is 58, he's been the Independent Director of Ring Inc since 2020. There are 9 older and 5 younger executives at Ring Inc. The oldest executive at Ring Energy Inc is Clayton Woodrum, 79, who is the Independent Director.
Thomas's mailing address filed with the SEC is 1725 HUGHES LANDING BLVD., SUITE 900, THE WOODLANDS, TX, 77380.
Over the last 11 years, insiders at Ring Inc have traded over $84,901,923 worth of Ring Inc stock and bought 5,177,614 units worth $10,867,130 . The most active insiders traders include Pincus & Co Us, Llc Warburg..., Energy Ii Operating, Llcstr... e Pincus (E&P) Xii Llc Warbur.... On average, Ring Inc executives and independent directors trade stock every 57 days with the average trade being worth of $1,170,627. The most recent stock trade was executed by John A Crum on 1 December 2023, trading 50,000 units of REI stock currently worth $83,500.
company profile management's primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow. ring energy, inc. (nyse mkt: rei) is a texas-based oil and gas exploration, development and production company with current operations in texas and kansas. founded in 2012, the experienced management team has aggressively sought to acquire select properties in their "back yard" which provides immediate positive cash flow and development opportunities for future years. as of 12/31/13, the company has, through exploitation and acquisitions, increased their proven reserves to an estimated 7.2 million boe's (barrel of oil equivalents) and an estimated $198 million* in pv-10 (future net revenues discounted 10%). ring energy's management understands what is required to build an oil an gas company from the ground up, having successfully done so on more than one occasion. with over 100 years of combined experienc
Ring Inc executives and other stock owners filed with the SEC include: