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Market Cap 433.22M P/E 1.91 EPS this Y -19.60% Ern Qtrly Grth -22.10%
Income 71.29M Forward P/E 3.47 EPS next Y 14.60% 50D Avg Chg 15.00%
Sales 369.5M PEG 0.11 EPS past 5Y 1.56% 200D Avg Chg 1.00%
Dividend N/A Price/Book 0.57 EPS next 5Y 37.00% 52W High Chg -36.00%
Recommedations 2.70 Quick Ratio 0.40 Shares Outstanding 198.17M 52W Low Chg 36.00%
Insider Own 12.37% ROA 6.04% Shares Float 133.88M Beta 1.63
Inst Own 48.39% ROE 9.16% Shares Shorted/Prior 13.71M/13.61M Price 2.22
Gross Margin 80.79% Profit Margin 19.29% Avg. Volume 2,156,682 Target Price -
Oper. Margin 41.87% Earnings Date Oct 31 Volume 2,853,272 Change -5.13%
About Ring Energy, Inc.

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. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was incorporated in 2004 and is headquartered in The Woodlands, Texas.

Ring Energy, Inc. News
11/08/24 Ring Energy Inc (REI) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...
11/06/24 Ring Energy (REI) Tops Q3 Earnings and Revenue Estimates
11/06/24 Ring Energy: Q3 Earnings Snapshot
11/06/24 Ring Energy Announces Third Quarter 2024 Results, Provides Guidance For Fourth Quarter and Updates Full Year 2024 Outlook
11/05/24 Devon Energy (DVN) Surpasses Q3 Earnings and Revenue Estimates
10/30/24 Analysts Estimate Ring Energy (REI) to Report a Decline in Earnings: What to Look Out for
10/28/24 Ring Energy Announces Timing of Third Quarter 2024 Earnings Release and Conference Call
10/18/24 TriMas, Soleno Therapeutics, Ring Energy, and More Stocks See Action From Activist Investors
10/17/24 Could Ring Energy, Inc. (REI) Be the Hidden Gem in the Oil Sector with 83% Upside Potential?
10/16/24 Is Ring Energy, Inc. (REI) the Best High Growth Penny Stock That is Profitable in 2024?
10/15/24 Ring Energy to Participate in Water Tower Research Fireside Chat on October 16
10/01/24 Ring Energy, Inc. (REI): Hedge Fund Confidence Grows as Production Rises
08:40 AM Should Value Investors Buy Ring Energy (REI) Stock?
09/10/24 Ring Energy (REI): Hedge Funds Are Bullish On This Quality Penny Stock Now
08/13/24 Ring Energy Announces Participation In Enercom Denver Conference
08/12/24 EnerCom's 29th Annual Energy Investment Conference is Set to be Held August 18-21, 2024 in Denver, Colorado
08/06/24 Ring Energy (REI) Meets Q2 Earnings Estimates
08/06/24 Ring Energy: Q2 Earnings Snapshot
08/06/24 Ring Energy Announces Second Quarter 2024 Results, Provides Guidance for Third Quarter and Updates Full Year 2024 Outlook
08/06/24 Ring Energy Provides Management Team Update
REI Chatroom

User Image GTR1000 Posted - 21 hours ago

$REI I'm starting to think some of the banks, trading institutions are holding oil prices down intentionally

User Image WOLFSTREET Posted - 22 hours ago

$REI Stock Track Record: Down 90% since inception give or take for those running off to the math... LOL

User Image WOLFSTREET Posted - 22 hours ago

$REI Who is "McKinney"?

User Image DuckofPaducah Posted - 1 day ago

@GTR1000 @ringenergy @cacheflash rich Vs wealthy . Big difference. There's HNWI and there is Ultra HNWI . Kruise for sure in that category. Some sort of mineral or oil or RE magnate from Dallas area. $REI is just where he parks his money . Probably doesn't need to grow it. And oh HNWI = High Net Worth Individual

User Image DuckofPaducah Posted - 1 day ago

@GTR1000 @cacheflash @ringenergy yes exactly. What in the bloody hell are they doing with their millions in $REI shares? Must be just a tax offset for them .

User Image DuckofPaducah Posted - 1 day ago

@WiL_2020 charts and TA are useless when it comes to penny stocks like $REI . No buying interest whatsoever, a few retail bagholders, institutions given up entirely, mostly bots and algos buying/selling to each other to create fake volume. Its not going to change . Chyna Joe fucked us really bad, hope he gets brain cancer or even worse pancreatic endothelial cancer and dies a miserable painful death. May the rest of his ugly clan perish in a fire

User Image WiL_2020 Posted - 1 day ago

$REI Happy Friday !! Well looking at the 60min chart..nothing much new.. price drifting higher on little volume.. Those 2 gaps still to be dealt with.. However, price is now back to the 50SMA on the Daily, which is down trending, so I imaging we pull back from that unless buying volume comes in. As I said yesterday, Ho humm

User Image cacheflash Posted - 1 day ago

$REI Email mckinney and tell him to sell the company while it still has value. [email protected]

User Image Iheartlng Posted - 1 day ago

$REI McKinney put the FOR SALE sign out in the yard!

User Image Iheartlng Posted - 1 day ago

$REI XLE up over 10% last 3 months and we are down over 13%. My guess is that McKinney just didn't attend enough conferences in Q3 Maybe he will do better in Q4.

User Image DuckofPaducah Posted - 1 day ago

@GTR1000 @Technically_Buff_oldman_ markets going crazy the past few weeks. Yet no one, NO ONE , will even look at these shitty oil cos. Scale and size are fine but institutional memory is more powerful. Traders, big hedge funds, banks have all been burned by reckless oil CEOs and disastrous bankruptcies for 25 years. the worst S&P sector of all time. $KOS, $REI, $GTE, $WTI are symptomatic of the root cause- lousy C-suites that are more than happy to shaft investors given half a chance. All these shitcos should have gone Ch. 11 in 2020 itself. Yes, they are that bad.

User Image DuckofPaducah Posted - 1 day ago

@GTR1000 @Technically_Buff_oldman_ its a question of momentum and fund ownership- what do traders like? who and how many have bought in or will buy in? Clearly the 3 idiots - Kukes, Kruise, Yetiv - did nothing to boost $REI stock price with their millions of shares owned

User Image Iheartlng Posted - 1 day ago

$REI anybody have any ideas on how Surge Energy could invest that 1.3B $? 😉. They could give us $6 share and still have enough money left over for a nice dinner.

User Image DuckofPaducah Posted - 1 day ago

@Technically_Buff_oldman_ lessons learned old man. Why didn't I buy Carvana, Palantir, Robinhood, Peloton, Meta, Affirm, ANY tech stock? Oil is uninvestable. $REI and $KOS will be gone- taken private for peanuts or restructured by this time next year. There will never be a squeeze (for years fools kept saying REI will squeeze, no one squeezes deadbeats) nor a new super cycle. Companies with solid assets like $PR and $TALO that are also great M&A plays will prosper, rest will vanish

User Image Technically_Buff_oldman_ Posted - 2 days ago

$REI Why didn’t I buy bitcoin

User Image DuckofPaducah Posted - 2 days ago

@GTR1000 mine is 1.42 bought a shit ton recently when it dipped. $REI badly needs a new CEO for sure

User Image DuckofPaducah Posted - 2 days ago

@GTR1000 whats your $REI cost avg is it > $4 or above $5 ? i seriously doubt after 2 years of wreckage any of these oil small caps survive this next recession when it arrives. Fully expect $KOS to go belly up (2.6 B debt) and others to restructure just to stay afloat. Dems tryin their hardest to ruin everything so Orange man is setup for failure from day 1. Thats why its best to stick to PR and TALO

User Image DuckofPaducah Posted - 2 days ago

$REI did it really drop 4c into the close or was that just a trade imbalance due to settlement issues? Its not even Op Ex so why would they do this?

User Image WiL_2020 Posted - 2 days ago

$REI Greetings All.. Well looking at the 15min .. you all know price wants to dip back down to the 1.55 and close that gap.. also, the 150SMA/50SMA at that level as well.. Nothing but basing since the post earnings sell off. Ho Humm

User Image DuckofPaducah Posted - 2 days ago

@Iheartlng thats OK. After Jan 20, frackers will get revalued I think . $REI has great assets its just Mckinney and his morons holding it back. at least he's not sabotaging the stock like that asswipe Tracy Kunt at $WTI . The only CEO shorting his own stock . Krunt should have been in jail like years ago. Probably bribed a whole bunch of TX politicians

User Image UncleStock Posted - 2 days ago

$REI $MLI $STLD $MTUS suggested for Industrial Metals and Mining - value screen: https://zpr.io/cudyrF2Eud3f

User Image Technically_Buff_oldman_ Posted - 2 days ago

$REI

User Image Iheartlng Posted - 2 days ago

$REI crude will close up 3% today and will be up 1-2% Tomorrow crude will be down 0.1% and we will be down 5%. Let the games begin.

User Image DuckofPaducah Posted - 2 days ago

$KOS $REI clearly no buying interest in these deadbeat dodos. Only $PR and $TALO will emerge as winners of this round.

User Image jeddas Posted - 2 days ago

$REI energy markets are showing signs they might breakout. If the breakout fails, I see Ring shedding 10c. If it succeeds, +20c minimum. I'm taking a small position, and getting ready to roll it into a bigger one on a return to lower prices.

User Image GTR1000 Posted - 3 days ago

$REI Finally payback time!!!

User Image Technically_Buff_oldman_ Posted - 3 days ago

$REI

User Image Iheartlng Posted - 3 days ago

$REI

User Image Danypoopoo Posted - 3 days ago

$REI DOE: Crude +545k (-620k exp) Cushing -140k Gasoline +2.05mm Distillates -114k

User Image DuckofPaducah Posted - 3 days ago

$REI $PR where is everybody? will he simulcast the executions on global TV for everyone to enjoy? lets hope so. Will be a the most memorable purge since Khmer Rouge

Analyst Ratings
Roth Capital Neutral Aug 1, 22
Roth Capital Buy Oct 14, 21
SunTrust Robinson Humphrey Hold Mar 9, 20
Seaport Global Neutral Oct 2, 18
B. Riley Securities Buy Feb 6, 18
KLR Group Buy Dec 21, 17
Imperial Capital Outperform Aug 15, 17
Imperial Capital Outperform Sep 27, 16
Rodman & Renshaw Buy Aug 29, 16
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
CRUM JOHN A Director Director Dec 01 Buy 1.674 50,000 83,700 355,094 12/04/23
McKinney Paul D. CEO and Chairman of.. CEO and Chairman of the Board Nov 15 Buy 1.64 50,000 82,000 1,318,231 11/15/23
Petrelli Anthony Benedict Director Director Sep 12 Buy 1.9196 50,000 95,980 611,294 09/13/23
Warburg Pincus (E&P) XII LLC 10% Owner 10% Owner Aug 09 Sell 2.06 12,600,000 25,956,000 46,994,853 08/25/23
Warburg Pincus & Co US, LLC 10% Owner 10% Owner Aug 09 Sell 2.06 12,600,000 25,956,000 46,994,853 08/25/23
STRONGHOLD ENERGY II OPERATING... 10% Owner 10% Owner Aug 09 Sell 2.06 12,600,000 25,956,000 46,994,853 08/25/23
McKinney Paul D. CEO and Chairman of.. CEO and Chairman of the Board Mar 15 Buy 1.75 100,000 175,000 1,320,192 03/17/23
Kruse William R Director Director Aug 03 Buy 2.66 400,000 1,064,000 13,846,948 08/04/22
Kruse William R Director Director Aug 23 Buy 1.92 764,052 1,466,980 12,939,734 08/23/21
Hoffman Kelly W. Other Other Nov 13 Buy 0.57 40,000 22,800 309,041 11/13/20