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Ring Energy DB:KWE1 Stock Report

Last Price

€1.71

Market Cap

€340.0m

7D

1.2%

1Y

4.5%

Updated

25 Mar, 2024

Data

Company Financials +

KWE1 Stock Overview

Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties.

KWE1 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance2/6
Financial Health2/6
Dividends0/6

Ring Energy, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ring Energy
Historical stock prices
Current Share PriceUS$1.71
52 Week HighUS$2.16
52 Week LowUS$1.14
Beta1.73
1 Month Change36.80%
3 Month Change25.74%
1 Year Change4.52%
3 Year Change-13.64%
5 Year Change-67.18%
Change since IPO-85.39%

Recent News & Updates

Recent updates

Shareholder Returns

KWE1DE Oil and GasDE Market
7D1.2%5.9%1.3%
1Y4.5%-42.8%6.4%

Return vs Industry: KWE1 exceeded the German Oil and Gas industry which returned -42.8% over the past year.

Return vs Market: KWE1 underperformed the German Market which returned 6.4% over the past year.

Price Volatility

Is KWE1's price volatile compared to industry and market?
KWE1 volatility
KWE1 Average Weekly Movement6.7%
Oil and Gas Industry Average Movement5.7%
Market Average Movement4.8%
10% most volatile stocks in DE Market10.2%
10% least volatile stocks in DE Market2.4%

Stable Share Price: KWE1's share price has been volatile over the past 3 months.

Volatility Over Time: KWE1's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004108Paul McKinneyhttps://www.ringenergy.com

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.

Ring Energy, Inc. Fundamentals Summary

How do Ring Energy's earnings and revenue compare to its market cap?
KWE1 fundamental statistics
Market cap€339.99m
Earnings (TTM)€96.84m
Revenue (TTM)€316.69m

3.5x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KWE1 income statement (TTM)
RevenueUS$342.92m
Cost of RevenueUS$65.52m
Gross ProfitUS$277.40m
Other ExpensesUS$172.54m
EarningsUS$104.86m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin80.89%
Net Profit Margin30.58%
Debt/Equity Ratio54.1%

How did KWE1 perform over the long term?

See historical performance and comparison
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