Ring Energy, Inc. (REI)
$
0.74
-0.02 (-2.70%)
Key metrics
Financial statements
Free cash flow per share
0.3061
Market cap
169.9 Million
Price to sales ratio
0.6251
Debt to equity
0.5291
Current ratio
0.4691
Income quality
2.4992
Average inventory
3.7 Million
ROE
0.0835
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Ring Energy, Inc. is an exploration and production company involved in the acquisition, exploration, development, and production of oil and natural gas across Texas and New Mexico. As of December 31, 2021, the company’s proved reserves amounted to approximately 77.8 million barrels of oil equivalent, showcasing its extensive resource base. The company had interests in a total of 18,882 net developed acres and 1,406 net undeveloped acres located in Andrews and Gaines counties, Texas, along with 18,437 net developed acres in Culberson and Reeves counties, Texas. Additionally, Ring Energy holds 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas, as well as in Lea County, New Mexico. The cost of revenue for the company is $506,333,000.00 showcasing its production and operational expenses. The financial data pertains to the fiscal year 2024 during which the company recorded an operating income of $132,900,700.00 reflecting its earnings from core operations. The net income ratio is 0.18 highlighting the company's profitability margin, while the income before tax ratio is 0.24 indicating the pre-tax margin. Ring Energy primarily markets its oil and natural gas production to end users, marketers, and various other purchasers. Formerly known as Transglobal Mining Corp., the company underwent a name change to Ring Energy, Inc. in March 2008 and has been incorporated since 2004, with its headquarters located in The Woodlands, Texas. In the market landscape, the stock is affordable at $0.74 making it a suitable option for budget-conscious investors. It also exhibits a high average trading volume of 2,295,496.00 which indicates strong liquidity, enhancing its appeal among traders. With a market capitalization of $153,591,899.00 the company is classified as a small-cap player, positioning it within a competitive segment of the industry. Ring Energy is recognized as a key player in the Oil & Gas Exploration & Production industry, contributing significantly to the overall market landscape. Furthermore, it belongs to the Energy sector, where it drives innovation and growth, embodying the dynamic evolution that characterizes this vital economic area.
Is Ring Energy, Inc. (REI) a good investment?
Investing in Ring Energy, Inc. (REI) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B-, with a Bearish outlook. Always conduct your own research before investing.
What is Ring Energy, Inc. (REI)'s stock forecast?
Analysts predict Ring Energy, Inc. stock to fluctuate between $0.73 (low) and $2.06 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Ring Energy, Inc.'s market capitalization?
As of 2025-05-29, Ring Energy, Inc.'s market cap is $153,591,899, based on 206,524,000 outstanding shares.
How does Ring Energy, Inc. compare to competitors like Exxon Mobil Corporation?
Compared to Exxon Mobil Corporation, Ring Energy, Inc. has a Lower Market-Cap, indicating a difference in performance.
How can I buy Ring Energy, Inc. (REI) stock?
To buy Ring Energy, Inc. (REI) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for REI. Place an order (Market, Limit, etc.).
What is the best time to invest in Ring Energy, Inc.?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Has Ring Energy, Inc. stock ever split?
Ring Energy, Inc.'s last stock split was 1:18 on 2008-06-02.
How did Ring Energy, Inc. perform in the last earnings report?
Revenue: $366,327,414 | EPS: $0.34 | Growth: -38.18%.
Where can I find Ring Energy, Inc.'s investor relations reports?
Visit https://www.ringenergy.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Ring Energy, Inc.?
You can explore historical data from here
What is the all-time high and low for Ring Energy, Inc. stock?
All-time high: $5.09 (2022-05-06) | All-time low: $0.73 (2025-05-22).
What are the key trends affecting Ring Energy, Inc. stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
Ring reduced its capex budget for the remaining three quarters of 2025 by nearly 50%. This increased its projected free cash flow for 2025 to around $52 million. Ring's 2H 2025 oil production guidance was cut by 10%, due to the large reduction in development activity.
seekingalpha.com
Ring Energy's recent acquisition will significantly impact Q2 results and future profitability. Management aims to enhance property profitability, supporting the purchase's value and decreasing the debt ratio at the time of acquisition. The acquired EBITDAX is nearly half the acquisition price, indicating a favorable purchase price.
zacks.com
Ring Energy (REI) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.10 per share a year ago.
globenewswire.com
THE WOODLANDS, Texas, May 07, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for first quarter 2025 and provided updated guidance for the second half of the year.
businesswire.com
WINDSOR, Conn.--(BUSINESS WIRE)--REI Super (“REI”), the superannuation fund for Australia's real estate industry, has signed a long-term agreement to partner with SS&C.
globenewswire.com
~ Reaffirms Sales Volume Guidance and Substantially Reduces Capital Guidance ~ ~ Reaffirms Sales Volume Guidance and Substantially Reduces Capital Guidance ~
globenewswire.com
~ Announces Timing of First Quarter Earnings Conference Call ~ THE WOODLANDS, Texas, April 18, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided an operational update, including first quarter 2025 oil sales volumes above the high end of the Company's guidance range and total sales volumes above the midpoint of guidance. The Company also announced the timing of Ring's quarterly results conference call.
globenewswire.com
~ Announces Timing of First Quarter Earnings Conference Call ~ THE WOODLANDS, Texas, April 17, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided an operational update, including first quarter 2025 oil sales volumes above the high end of the Company's guidance range and total sales volumes above the midpoint of guidance. The Company also announced the timing of Ring's quarterly results conference call.
globenewswire.com
THE WOODLANDS, Texas, April 11, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided an update concerning its Board of Directors (the “Board”), including the retirement of Ms. Regina Roesener effective April 14, 2025 and the appointment of Ms. Carla Tharp to the Board effective April 14, 2025 who will serve as an independent Director.
globenewswire.com
THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) announced that it has completed its previously-announced acquisition (the “Transaction”) of the Central Basin Platform (“CBP”) assets of Lime Rock Resources IV, LP (“Lime Rock”) on March 31, 2025. Lime Rock's CBP operations are located in the Permian Basin in Andrews County, Texas, and are focused on the development of approximately 17,700 net acres where the majority are similar to Ring's existing CBP assets in the Shafter Lake area, and the remaining acreage exposes the Company to new active plays.
See all news
