RING ENERGY INC

Ticker: REI CUSIP: 76680V108 Class: Common Stock

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.'s Holding History (CIK: 0001238990)

Note: Option positions (PUT/CALL) are excluded.

Q4 2018

Shares 199,030 Value ($000) $1,011 Avg Close $7.10 Range $4.01 - $10.76

Q3 2018

Shares 313,715 Value ($000) $3,109 Avg Close $11.99 Range $9.76 - $14.61

Q2 2018

Shares 312,495 Value ($000) $3,944 Avg Close $14.53 Range $11.87 - $17.35

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	199,030	$1,011	$7.10	$4.01 - $10.76
Q3 2018	313,715	$3,109	$11.99	$9.76 - $14.61
Q2 2018	312,495	$3,944	$14.53	$11.87 - $17.35