Ring Energy Future Growth
Future criteria checks 1/6
Ring Energy is forecast to grow earnings and revenue by 6.9% and 6.2% per annum respectively while EPS is expected to grow by 3.7% per annum.
Key information
6.9%
Earnings growth rate
3.7%
EPS growth rate
Oil and Gas earnings growth | 8.1% |
Revenue growth rate | 6.2% |
Future return on equity | n/a |
Analyst coverage | Low |
Last updated | 11 Nov 2024 |
Recent future growth updates
Recent updates
The Ring Energy, Inc. (NYSEMKT:REI) Analysts Have Been Trimming Their Sales Forecasts
Apr 17Is Ring Energy (NYSEMKT:REI) Using Too Much Debt?
Mar 31Did Ring Energy, Inc. (NYSEMKT:REI) Insiders Buy Up More Shares?
Mar 10Ring Energy's (NYSEMKT:REI) Stock Price Has Reduced 86% In The Past Three Years
Feb 12Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 443 | 146 | 111 | 271 | 1 |
12/31/2025 | 379 | 76 | 71 | 204 | 4 |
12/31/2024 | 370 | 74 | 54 | 192 | 3 |
9/30/2024 | 366 | 113 | 44 | 203 | N/A |
6/30/2024 | 369 | 71 | 49 | 207 | N/A |
3/31/2024 | 349 | 78 | 42 | 200 | N/A |
12/31/2023 | 343 | 105 | 43 | 198 | N/A |
9/30/2023 | 342 | 68 | 45 | 206 | N/A |
6/30/2023 | 343 | 151 | 65 | 219 | N/A |
3/31/2023 | 349 | 164 | 62 | 216 | N/A |
12/31/2022 | 330 | 139 | 66 | 197 | N/A |
9/30/2022 | 292 | 148 | 54 | 157 | N/A |
6/30/2022 | 250 | 87 | 25 | 106 | N/A |
3/31/2022 | 214 | 30 | 26 | 81 | N/A |
12/31/2021 | 187 | 3 | 19 | 73 | N/A |
9/30/2021 | 160 | -181 | 32 | 77 | N/A |
6/30/2021 | 143 | -197 | 38 | 74 | N/A |
3/31/2021 | 108 | -316 | 29 | 60 | N/A |
12/31/2020 | 108 | -253 | 28 | 72 | N/A |
9/30/2020 | 128 | -88 | 284 | 89 | N/A |
6/30/2020 | 146 | -77 | 264 | 101 | N/A |
3/31/2020 | 185 | 69 | -1 | 124 | N/A |
12/31/2019 | 187 | 29 | -49 | 107 | N/A |
9/30/2019 | 163 | 17 | -346 | 81 | N/A |
6/30/2019 | 146 | 14 | -363 | 72 | N/A |
3/31/2019 | 126 | 8 | -129 | 94 | N/A |
12/31/2018 | 114 | 9 | -133 | 70 | N/A |
9/30/2018 | 110 | 12 | -136 | 67 | N/A |
6/30/2018 | 95 | 9 | N/A | 58 | N/A |
3/31/2018 | 80 | 6 | N/A | 18 | N/A |
12/31/2017 | 64 | 2 | N/A | 43 | N/A |
9/30/2017 | 51 | 6 | N/A | 35 | N/A |
6/30/2017 | 42 | -3 | N/A | 32 | N/A |
3/31/2017 | 35 | -21 | N/A | 24 | N/A |
12/31/2016 | 29 | -38 | N/A | 11 | N/A |
9/30/2016 | 27 | -45 | N/A | 12 | N/A |
6/30/2016 | 28 | -40 | N/A | 9 | N/A |
3/31/2016 | 30 | -23 | N/A | 14 | N/A |
12/31/2015 | 30 | -9 | N/A | 9 | N/A |
9/30/2015 | 32 | 1 | N/A | 14 | N/A |
6/30/2015 | 34 | 4 | N/A | 18 | N/A |
3/31/2015 | 36 | 6 | N/A | 20 | N/A |
12/31/2014 | 36 | 8 | N/A | 34 | N/A |
9/30/2014 | 32 | 7 | N/A | 25 | N/A |
6/30/2014 | 24 | 5 | N/A | 20 | N/A |
3/31/2014 | 14 | 2 | N/A | 16 | N/A |
12/31/2013 | 10 | 0 | N/A | 8 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: REI's forecast earnings growth (6.9% per year) is above the savings rate (2.6%).
Earnings vs Market: REI's earnings (6.9% per year) are forecast to grow slower than the US market (15.4% per year).
High Growth Earnings: REI's earnings are forecast to grow, but not significantly.
Revenue vs Market: REI's revenue (6.2% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: REI's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if REI's Return on Equity is forecast to be high in 3 years time