KWE1 Stock Overview An independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. More details
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Ring Energy, Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Ring Energy Historical stock prices Current Share Price US$1.19 52 Week High US$1.98 52 Week Low US$1.14 Beta 1.57 1 Month Change -15.00% 3 Month Change -16.20% 1 Year Change -9.85% 3 Year Change -43.33% 5 Year Change -48.26% Change since IPO -89.84%
Recent News & Updates
Ring Energy Appoints James J. Parr as Executive Vice President, Exploration and Geosciences Nov 25
Third quarter 2024 earnings released: EPS: US$0.17 (vs US$0.039 loss in 3Q 2023) Nov 08
Ring Energy, Inc. Provides Production Guidance for the Fourth Quarter and Full Year 2024 Nov 07
New major risk - Revenue and earnings growth Oct 30
Ring Energy, Inc. to Report Q3, 2024 Results on Nov 06, 2024 Oct 29
Investor sentiment deteriorates as stock falls 18% Sep 06 See more updates
Ring Energy Appoints James J. Parr as Executive Vice President, Exploration and Geosciences Nov 25
Third quarter 2024 earnings released: EPS: US$0.17 (vs US$0.039 loss in 3Q 2023) Nov 08
Ring Energy, Inc. Provides Production Guidance for the Fourth Quarter and Full Year 2024 Nov 07
New major risk - Revenue and earnings growth Oct 30
Ring Energy, Inc. to Report Q3, 2024 Results on Nov 06, 2024 Oct 29
Investor sentiment deteriorates as stock falls 18% Sep 06
Second quarter 2024 earnings released: EPS: US$0.11 (vs US$0.15 in 2Q 2023) Aug 07
Ring Energy, Inc. to Report Q2, 2024 Results on Aug 06, 2024 Jul 31
Ring Energy, Inc. Increases Sales Guidance for Second Quarter 2024 Jul 09 Ring Energy, Inc. Increases Sales Guidance for Second Quarter 2024 Jul 08
Ring Energy, Inc. Announces Resignation of Executives Jun 24
Investor sentiment deteriorates as stock falls 17% Jun 05
New minor risk - Share price stability Jun 03
Insufficient new directors May 29
Ring Energy, Inc. Provides Sales Guidance for the Second Quarter of 2024; Reiterates Sales Guidance for the Full Year 2024 May 09
First quarter 2024 earnings released: EPS: US$0.03 (vs US$0.18 in 1Q 2023) May 07
Ring Energy, Inc. to Report Q1, 2024 Results on May 06, 2024 Apr 27
Ring Energy, Inc., Annual General Meeting, May 23, 2024 Apr 21
Ring Energy, Inc., Annual General Meeting, May 23, 2024 Apr 20
Investor sentiment improves as stock rises 18% Mar 14
Ring Energy, Inc. Provides Sales Guidance for the First Quarter and Full Year of 2024 Mar 09
Full year 2023 earnings released: EPS: US$0.55 (vs US$1.14 in FY 2022) Mar 08
Ring Energy, Inc. to Report Q4, 2023 Results on Mar 07, 2024 Feb 28
Ring Energy, Inc. Provides Sales Guidance for the First Quarter of 2024 Jan 29
Independent Director recently bought €77k worth of stock Dec 06
CEO & Chairman of the Board recently bought €75k worth of stock Nov 17
Investor sentiment deteriorates as stock falls 18% Nov 09
Ring Energy, Inc. Provides Sales Volume Guidance for the Fourth Quarters of 2023 Nov 03
New major risk - Financial position Nov 03
Third quarter 2023 earnings released: US$0.039 loss per share (vs US$0.65 profit in 3Q 2022) Nov 03
Ring Energy, Inc. to Report Q3, 2023 Results on Nov 02, 2023 Oct 20
Lead Independent Director recently bought €89k worth of stock Sep 15
Ring Energy, Inc. (NYSEAM:REI) completed the acquisition of Central Basin Platform Assets of Founders Oil & Gas IV, LLC. Aug 17
Second quarter 2023 earnings released: EPS: US$0.15 (vs US$0.39 in 2Q 2022) Aug 04
Ring Energy, Inc. to Report Q2, 2023 Results on Aug 03, 2023 Jul 23
Investor sentiment improves as stock rises 17% Jul 14 Ring Energy, Inc. (NYSEAM:REI) entered into an agreement to acquire Central Basin Platform Assets of Founders Oil & Gas IV, LLC for $75 million. Jul 12
An unknown buyer acquired Non-core asset position in the West Texas Delaware Basin from Ring Energy, Inc. (NYSEAM:REI) for $7.8 million. Jul 07
First quarter 2023 earnings released: EPS: US$0.18 (vs US$0.071 in 1Q 2022) May 05
Ring Energy, Inc. Provides Sales Guidance for the Second Quarter and Full Year of 2023 May 05
CEO & Chairman of the Board recently bought €165k worth of stock Mar 23
Investor sentiment deteriorates as stock falls 17% Mar 17
Full year 2022 earnings released: EPS: US$1.14 (vs US$0.033 in FY 2021) Mar 10
High number of new directors Feb 10
Ring Energy, Inc. announced delayed 10-Q filing Nov 11
Ring Energy, Inc. Reaffirms Sales Volume Guidance for the Fourth Quarter and Full Fiscal Year 2023 Nov 10
Ring Energy, Inc. to Report Q3, 2022 Results on Nov 09, 2022 Nov 02
Investor sentiment improved over the past week Oct 06
Ring Energy, Inc. Announces Board Appointments Sep 07
Ring Energy, Inc. (NYSEAM:REI) acquired Assets of Stronghold Energy II Operating, LLC and Stronghold Energy II Royalties, LP. Sep 02
Second quarter 2022 earnings released: EPS: US$0.39 (vs US$0.16 loss in 2Q 2021) Aug 05
Insider recently bought €525k worth of stock Aug 05
High number of new directors Jul 29 Shareholder Returns KWE1 DE Oil and Gas DE Market 7D 0% 2.2% 0.5% 1Y -9.8% -37.7% 7.2%
See full shareholder returns
Return vs Market: KWE1 underperformed the German Market which returned 7% over the past year.
Price Volatility Is KWE1's price volatile compared to industry and market? KWE1 volatility KWE1 Average Weekly Movement 6.7% Oil and Gas Industry Average Movement 5.5% Market Average Movement 4.9% 10% most volatile stocks in DE Market 11.5% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: KWE1 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: KWE1's weekly volatility (7%) has been stable over the past year.
About the Company Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 56,711 net developed acres and 2,668 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,751 net developed acres and 12,405 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers.
Show more Ring Energy, Inc. Fundamentals Summary How do Ring Energy's earnings and revenue compare to its market cap? KWE1 fundamental statistics Market cap €239.51m Earnings (TTM ) €108.10m Revenue (TTM ) €350.66m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) KWE1 income statement (TTM ) Revenue US$365.61m Cost of Revenue US$73.19m Gross Profit US$292.42m Other Expenses US$179.71m Earnings US$112.71m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 0.57 Gross Margin 79.98% Net Profit Margin 30.83% Debt/Equity Ratio 46.2%
How did KWE1 perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/27 21:22 End of Day Share Price 2024/12/27 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Ring Energy, Inc. is covered by 21 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Jeffrey Grampp Alliance Global Partners Rehan Rashid B. Riley Securities, Inc. Eli J. Kantor Canaccord Genuity
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