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Ring Energy Targets 10%+ 2027 Growth as Horizontal Drilling Expands Runway
Source: marketbeat.com
Energy Markets & PricesCorporate Guidance & OutlookCompany Fundamentals
Ring Energy said it is targeting higher production, improved capital efficiency and lower leverage in 2027 through expanded horizontal drilling on its Central Basin Platform acreage in West Texas. The update signals a constructive multi-year operating and balance-sheet outlook, though it provides no specific production, capital-spending or leverage targets.
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