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Ring Energy NYSEAM:REI Stock Report

Last Price

US$1.90

Market Cap

US$384.0m

7D

-3.6%

1Y

-18.8%

Updated

23 Jul, 2024

Data

Company Financials +

REI Stock Overview

An independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties.

REI fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance2/6
Financial Health1/6
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$1.90
52 Week HighUS$2.43
52 Week LowUS$1.25
Beta1.72
11 Month Change23.38%
3 Month Change-3.06%
1 Year Change-18.80%
33 Year Change-24.30%
5 Year Change-23.39%
Change since IPO-62.89%

Recent News & Updates

Recent updates

The Ring Energy, Inc. (NYSEMKT:REI) Analysts Have Been Trimming Their Sales Forecasts

Apr 17
The Ring Energy, Inc. (NYSEMKT:REI) Analysts Have Been Trimming Their Sales Forecasts

Is Ring Energy (NYSEMKT:REI) Using Too Much Debt?

Mar 31
Is Ring Energy (NYSEMKT:REI) Using Too Much Debt?

Did Ring Energy, Inc. (NYSEMKT:REI) Insiders Buy Up More Shares?

Mar 10
Did Ring Energy, Inc. (NYSEMKT:REI) Insiders Buy Up More Shares?

Ring Energy's (NYSEMKT:REI) Stock Price Has Reduced 86% In The Past Three Years

Feb 12
Ring Energy's (NYSEMKT:REI) Stock Price Has Reduced 86% In The Past Three Years

Ring Energy, Inc.'s (NYSEMKT:REI) Intrinsic Value Is Potentially 81% Above Its Share Price

Jan 11
Ring Energy, Inc.'s (NYSEMKT:REI) Intrinsic Value Is Potentially 81% Above Its Share Price

Shareholder Returns

REIUS Oil and GasUS Market
7D-3.6%-0.2%-1.1%
1Y-18.8%9.6%20.0%

Return vs Industry: REI underperformed the US Oil and Gas industry which returned 9.6% over the past year.

Return vs Market: REI underperformed the US Market which returned 20% over the past year.

Price Volatility

Is REI's price volatile compared to industry and market?
REI volatility
REI Average Weekly Movement7.3%
Oil and Gas Industry Average Movement4.9%
Market Average Movement5.9%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: REI has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
2004108Paul McKinneywww.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?
REI fundamental statistics
Market capUS$384.00m
Earnings (TTM)US$77.66m
Revenue (TTM)US$349.32m

4.8x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REI income statement (TTM)
RevenueUS$349.32m
Cost of RevenueUS$66.81m
Gross ProfitUS$282.51m
Other ExpensesUS$204.85m
EarningsUS$77.66m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.39
Gross Margin80.88%
Net Profit Margin22.23%
Debt/Equity Ratio53.2%

How did REI perform over the long term?

See historical performance and comparison
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