Paul D. McKinney

CEO Paul McKinney bought 50,000 shares at $1.19; stock down 44.0% from 52-week high, company unprofitable.

Paul D. McKinney, CEO and Chairman, purchased 50,000 shares of REI at $1.19 on 2026-06-15, bringing his holdings to 4,158,463 shares. The stock currently trades at $1.12, down 44.0% from its 52-week high and 17.6% lower over the past 30 days. Ring Energy reported negative net income of $-220,591,482.00 for its most recent fiscal year and annual revenue declined 16.2% year-over-year, indicating fundamental operational stress. McKinney's prior trades at REI show mixed outcomes—two of four prior buys produced positive 90-day returns, while two resulted in significant declines, with the most recent two buys in August 2025 posting 90-day gains of +18.0% and +17.6%. This transaction occurs after substantial recent price deterioration and amid unprofitable operations, warranting scrutiny into whether the purchase reflects conviction in a potential turnaround or a routine position maintenance by the major shareholder.

CEO McKinney purchases 50,000 shares at $0.81 avg; 0% win rate on prior 2 REI buys over 90 days

McKinney Paul D. (CEO and Chairman of the Board) executed 2 separate purchases totaling 50,000 shares for $40,745.00 on 2025-08-11 and 2025-08-12, increasing holdings from 2,966,054 to 3,016,054 shares. The current stock price of $0.81 matches the blended average transaction price exactly, placing the stock -58.0% from its 52-week high of $1.93. His prior 2 trades at REI both posted negative 90-day returns (-28.2% in March 2025, -20.7% in November 2023), yielding a 0% win rate over the 90-day measurement window. Coupled with his cross-ticker track record showing an average 90-day return of -24.5% with a 0.00% win rate across all open-market history, this purchase pattern lacks evidence of reliable timing accuracy or predictive edge.

CEO McKinney buys 200,000 REI shares at $1.08; stock down 48.6% from 52-week high, currently $1.09

Paul D. McKinney, CEO and Chairman, purchased 200,000 shares at $1.08 on 2025-03-10, increasing his holdings by 7.2% to 2.97M shares. The transaction occurred as Ring Energy trades at $1.09, down 48.6% from its 52-week high of $2.12 and down 14.2% over the prior 30 days. Critically, McKinney's cross-ticker track record shows 0 of 1 prior buys were well-timed at the 90-day mark, with an average 90-day return of -20.7%, and his single prior buy at REI itself (2023-11-15) also underperformed at -20.7% over 90 days. The fundamentals present a mixed picture: the company generated $89.2M in revenue with $33.9M net income last quarter and trades at a P/E of 2.87, but revenue growth has slowed to +1.5% year-over-year. The timing of this purchase—after a steep price decline—and the insider's demonstrated pattern of unfavorable returns on prior acquisitions warrant attention to whether this reflects conviction in a turnaround or merely a defensive repositioning at depressed levels.