REI — what changed in the latest 10-Q
A section-by-section comparison of REI's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-05 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +57 | −29 | ~7 | 23 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~3 | 5 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 4 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-05
During the second quarter of 2026, the Company drilled a total of seven wells and completed a total of four wells. Specifically, in the Northwest Shelf the Company drilled and completed one 1.5-mile horizontal well and one 1-mile horizontal well in Yoakum County, with a working interest of approxima…
Our financial results are significantly affected by crude oil and natural gas prices. Commodity prices are influenced by numerous factors beyond our control, including changes in domestic and global supply and demand, geopolitical events, macroeconomic conditions, transportation and processing const…
During the second quarter of 2026, crude oil prices remained elevated through much of the quarter before declining toward quarter-end. In addition, natural gas prices in the Permian Basin continued to be adversely affected by regional takeaway constraints and elevated processing and transportation c…
Future changes in commodity prices may materially affect the Company's financial condition, results of operations and cash flows.
During the second quarter of 2026, crude oil prices increased meaningfully relative to the levels when a significant portion of the Company's hedge portfolio was established. As a result, while the Company benefited from higher oil prices, realized settlements on crude oil derivative contracts reduc…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
As a result of the Company's drilling and operational activities, total production for the three months ended March 31, 2026 increased 5%year over year to 1.74 million Boe. The increase in production was driven by contributions from the Lime Rock acquisition and new operated development, partially o…
Operationally, the Company delivered solid field level performance during the quarter. For the three months ended March 31, 2026, Ring generated Exploration and Production segment profit of $49.7 million, despite a challenging commodity price environment, particularly for natural gas. These results …
At the Total Company level, reported results were materially impacted by certain non-cash items. The Company recorded a net loss of $220.6 million for the quarter, driven primarily by a $162.1 million full cost ceiling test impairment and $77.0 million unrealized derivative mark to market adjustment…
The Company's underlying operating performance and liquidity remained solid during the quarter, and the non-cash charges we incurred did not affect compliance with the financial covenants under the Company’s Credit Facility. Core operating results remain resilient, supported by disciplined capital a…
The Company’s financial results are highly sensitive to changes in commodity prices, and during the first quarter of 2026, oil and natural gas markets experienced significant volatility driven by different factors. In the Permian Basin, natural gas prices remained under severe pressure due to region…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice