Ring Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARDS - Narrative (Details)

v3.23.1

EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARDS - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expenses charged against income for share based awards included In general and administrative expenses	$ 1,943,696	$ 1,521,910
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Per share weighted average price of shares purchased (in usd per share)	$ 1.90	$ 3.82
Unrecognized compensation cost	$ 0
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee service share-based compensation, nonvested awards, compensation not yet recognized, stock options (in shares)	$ 6,408,759
Weighted average period of recognition	2 years 3 months
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average period of recognition	1 year 11 months 12 days
Performance stock units	$ 7,402,107
long term Incentive Plan (2011 Plan)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares available for grant	341,755
Omnibus Incentive Plan (2021 Plan)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares available for grant	2,169,932

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