Ring Energy, Inc.

NYSEAM:REI Stock Report

Market Cap: US$163.6m

Ring Energy Past Earnings Performance

Past criteria checks 2/6

Ring Energy has been growing earnings at an average annual rate of 44.8%, while the Oil and Gas industry saw earnings growing at 37.5% annually. Revenues have been growing at an average rate of 22.7% per year. Ring Energy's return on equity is 7.9%, and it has net margins of 19.3%.

Key information

44.8%

Earnings growth rate

41.0%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth rate22.7%
Return on equity7.9%
Net Margin19.3%
Last Earnings Update31 Dec 2024

Recent past performance updates

Recent updates

author-image

All-Cash Acquisition Of Founders CBP Assets And Debt Reduction Will Strengthen Future Operations

Feb 09 Acquisition of Founders assets and operational improvements enhance cash flow, reduce costs, and expedite debt paydown, boosting earnings.

Revenue & Expenses Breakdown

How Ring Energy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSEAM:REI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2435067340
30 Sep 24366113350
30 Jun 2436971350
31 Mar 2434978350
31 Dec 23343105350
30 Sep 2334268320
30 Jun 23343151320
31 Mar 23349164300
31 Dec 22330139300
30 Sep 22292148230
30 Jun 2225087200
31 Mar 2221430190
31 Dec 211873170
30 Sep 21160-181190
30 Jun 21143-197170
31 Mar 21108-316180
31 Dec 20108-253180
30 Sep 20128-88190
30 Jun 20146-77190
31 Mar 2018569170
31 Dec 1918729170
30 Sep 1916317150
30 Jun 1914614150
31 Mar 191268130
31 Dec 181149130
30 Sep 1811012120
30 Jun 18959120
31 Mar 18806110
31 Dec 17642110
30 Sep 17516100
30 Jun 1742-390
31 Mar 1735-2190
31 Dec 1629-3880
30 Sep 1627-4580
30 Jun 1628-4080
31 Mar 1630-2380
31 Dec 1530-980
30 Sep 1532180
30 Jun 1534470
31 Mar 1536670
31 Dec 1436870
30 Sep 1432770
30 Jun 1424570

Quality Earnings: REI has high quality earnings.

Growing Profit Margin: REI's current net profit margins (19.3%) are lower than last year (30.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: REI's earnings have grown significantly by 44.8% per year over the past 5 years.

Accelerating Growth: REI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: REI had negative earnings growth (-35.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (-22.8%).

Return on Equity

High ROE: REI's Return on Equity (7.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/16 00:22
End of Day Share Price 2025/04/16 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ring Energy, Inc. is covered by 20 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rehan RashidB. Riley Securities, Inc.
Eli J. KantorCanaccord Genuity
Richard TullisCapital One Securities, Inc.