RING ENERGY INC (REI) Stock Price, Quote, News and Overview
NYSEARCA:REI - NYSE Arca - US76680V1089 - Common Stock - Currency: USD
REI Quote, Performance and Key Statistics
1.32
-0.09 (-6.38%)
The current stock price of REI is 1.32 USD. In the past month the price decreased by -8.33%. In the past year, price decreased by -4.35%.
REI Competitors/Peers
Symbol | Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| COP | CONOCOPHILLIPS | 12.6 | 124.96B | ||
| EOG | EOG RESOURCES INC | 11.15 | 74.85B | ||
| CNQ | CANADIAN NATURAL RESOURCES | 11.48 | 63.00B | ||
| HES | HESS CORP | 15.3 | 45.64B | ||
| FANG | DIAMONDBACK ENERGY INC | 9.11 | 45.59B | ||
| VG | VENTURE GLOBAL INC-CL A | N/A | 37.19B | ||
| TPL | TEXAS PACIFIC LAND CORP | 68.23 | 30.91B | ||
| EQT | EQT CORP | 32.41 | 29.98B | ||
| WDS | WOODSIDE ENERGY GROUP-ADR | 9.07 | 27.72B | ||
| DVN | DEVON ENERGY CORP | 7.76 | 24.63B | ||
| EXE | EXPAND ENERGY CORP | 51.05 | 24.07B | ||
| CTRA | COTERRA ENERGY INC | 16.36 | 20.72B |
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About REI
Company Profile
Ring Energy, Inc. is an oil and gas exploration company, which engages in oil and natural gas acquisition, exploration, development, and production activities. The company is headquartered in The Woodlands, Texas and currently employs 108 full-time employees. The company went IPO on 2007-03-28. The firm is focused on the development of its Permian Basin assets. Its primary drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform, in the Permian Basin in Texas. The firm's leasehold acreage positions total approximately 96,127 gross (80,535 net) acres, and it holds interests in approximately 1,043 gross (864 net) producing wells. All of its properties are located in the Permian Basin and its proved reserves are oil-weighted, with approximately 63% consisting of oil, 19% consisting of natural gas, and 18% consisting of natural gas liquids. Of those reserves, approximately 68% are classified as proved developed and 32% are classified as proved undeveloped. Its proved reserves are approximately 129.8 million barrels of oil equivalent (BOE).
Company Info
RING ENERGY INC
1725 Hughes Landing Blvd., Suite 900
The Woodlands TEXAS 77380 US
CEO: Paul D. McKinney
Employees: 108
Company Website: https://ringenergy.com/
Investor Relations: https://www.ringenergy.com/investors
Phone: 12813973699
RING ENERGY INC / REI FAQ
What is the stock price of RING ENERGY INC today?
The current stock price of REI is 1.32 USD. The price decreased by -6.38% in the last trading session.
What is the ticker symbol for RING ENERGY INC stock?
The exchange symbol of RING ENERGY INC is REI and it is listed on the NYSE Arca exchange.
On which exchange is REI stock listed?
REI stock is listed on the NYSE Arca exchange.
What is the price forecast or stock price prediction for RING ENERGY INC stock?
7 analysts have analysed REI and the average price target is 3.06 USD. This implies a price increase of 131.82% is expected in the next year compared to the current price of 1.32. Check the RING ENERGY INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.
What is RING ENERGY INC worth?
RING ENERGY INC (REI) has a market capitalization of 261.62M USD. This makes REI a Micro Cap stock.
How many employees does RING ENERGY INC have?
RING ENERGY INC (REI) currently has 108 employees.
What are the support and resistance levels for RING ENERGY INC (REI) stock?
RING ENERGY INC (REI) has a support level at 1.28 and a resistance level at 1.48. Check the full technical report for a detailed analysis of REI support and resistance levels.
Is RING ENERGY INC (REI) expected to grow?
The Revenue of RING ENERGY INC (REI) is expected to grow by 3.23% in the next year. Check the estimates tab for more information on the REI EPS, Sales, EBIT and EBITDA future analyst estimates.
Should I buy RING ENERGY INC (REI) stock?
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
- The Technical Analysis (TA) tab contains a technical analysis of REI, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of REI, evaluating the profitability, health, valuation and growth aspects
- RING ENERGY INC (REI) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- RING ENERGY INC (REI) Sales and EPS estimates to see what analysts future expectations are.
- RING ENERGY INC (REI) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- RING ENERGY INC (REI) Insider and Institutional Ownership to learn about the owners and their transactions.
- RING ENERGY INC (REI) Stock Chart to make your own analysis
- RING ENERGY INC (REI) Latest news and press-releases to stay up to date.
Does RING ENERGY INC (REI) stock pay dividends?
REI does not pay a dividend.
When does RING ENERGY INC (REI) report earnings?
RING ENERGY INC (REI) will report earnings on 2025-03-12, after the market close.
What is the Price/Earnings (PE) ratio of RING ENERGY INC (REI)?
The PE ratio for RING ENERGY INC (REI) is 3.3. This is based on the reported non-GAAP earnings per share of 0.4 and the current share price of 1.32 USD. Check the full fundamental report for a full analysis of the valuation metrics for REI.
What is the Short Interest ratio of RING ENERGY INC (REI) stock?
The outstanding short interest for RING ENERGY INC (REI) is 8.09% of its float. Check the ownership tab for more information on the REI short interest.
REI Technical Analysis
REI Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to REI. While REI has a great profitability rating, there are quite some concerns on its financial health.
REI Financial Highlights
Over the last trailing twelve months REI reported a non-GAAP Earnings per Share(EPS) of 0.4. The EPS decreased by -25.93% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 29.44% | ||
| ROA | 8.05% | ||
| ROE | 13.24% | ||
| Debt/Equity | 0.46 |
REI Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 74% to REI. The Buy consensus is the average rating of analysts ratings from 7 analysts.
For the next year, analysts expect an EPS growth of -30.56% and a revenue growth 3.23% for REI