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 & SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

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

v3.23.2

EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK UNITS - Narrative (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
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)	$ 1.71	$ 2.66
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)	$ 5,060,731
Weighted average period of recognition	2 years 18 days
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average period of recognition	1 year 9 months 3 days
Performance stock units	$ 6,364,168
long term Incentive Plan (2011 Plan)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant (in shares)	341,755
Omnibus Incentive Plan (2021 Plan)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant (in shares)	8,219,397
Increase in number of shares available for grant (in shares)	6,000,000

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