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Market Cap 433.22M P/E 1.91 EPS this Y -7.80% Ern Qtrly Grth 251.20%
Income 104.86M Forward P/E 3.47 EPS next Y 8.50% 50D Avg Chg 15.00%
Sales 342.92M PEG 0.11 EPS past 5Y 15.41% 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 0.37 Shares Outstanding 197.93M 52W Low Chg 36.00%
Insider Own 12.28% ROA 7.02% Shares Float 165.97M Beta 1.80
Inst Own 47.91% ROE 14.49% Shares Shorted/Prior 13.70M/13.34M Price 2.22
Gross Margin 80.89% Profit Margin 30.58% Avg. Volume 2,156,682 Target Price 3.00
Oper. Margin 73.86% Earnings Date May 6 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.

REI Chatroom

User Image Buff_oldman_Stocks Posted - 18 hours ago

$REI Picked up a couple of shares today

User Image Noddingdonkeyboy Posted - 20 hours ago

$REI

User Image Adonge_10 Posted - 21 hours ago

$REI yeah this is a pretty early earnings for them!

User Image NGTRDR Posted - 21 hours ago

$REI announce early earnings SP shits the bed

User Image Taxing Posted - 22 hours ago

$REI https://www.ringenergy.com/news-presentations-events/press-releases/detail/213/ring-energy-announces-timing-of-first-quarter-2024-earnings

User Image davooo Posted - 23 hours ago

$REI From OilPrice: Positive notes for the bulls coming from StanChart, as they forecast that global oil demand will pick up strongly in May and June, exceeding 103 mb/d for the first time in May (at 103.15 mb/d), increasing further in June to 103.82 mb/d. The commodity experts have predicted global inventory draws of 1.53 mb/d in May and 1.69 mb/d in June, tightening physical spreads significantly. StanChart also says that OPEC is unlikely to increase output in the near-term thanks to the stall in the oil price rally despite having room for at least 1 mb/d of extra OPEC output in Q3 without increasing inventories. ๐Ÿž

User Image Danypoopoo Posted - 1 day ago

$REI ER on a Monday?

User Image Stock_Titan Posted - 1 day ago

$REI Ring Energy Announces Timing of First Quarter 2024 Earnings Release and Conference Call https://www.stocktitan.net/news/REI/ring-energy-announces-timing-of-first-quarter-2024-earnings-release-mbmtwarmte2a.html

User Image Aigner_Andreas Posted - 1 day ago

#GoldenCross $REI at 1.96 R6 HiLo 61% T1Y 5 buy DIV N/A #Ring Energ #stocks #trading #finance #market

User Image PPablo Posted - 1 day ago

$REI

User Image Buff_oldman_Stocks Posted - 1 day ago

$REI Down day on extremely lower than average volume.

User Image Buff_oldman_Stocks Posted - 1 day ago

$REI Oh no PP is back

User Image PPablo Posted - 1 day ago

$REI https://www.zacks.com/stock/news/2261305/ring-energy-rei-to-report-q1-results-what-awaits?art_rec=quote-earnings_announcements-zacks_news-ID01-txt-2261305

User Image Danypoopoo Posted - 1 day ago

$REI EIA: Crude -6.368MM, Exp. +1.15 ๐Ÿ˜Š Gasoline -0.634MM Distillates +1.614MM Cushing -0.659MM Production 13.1MMn/d, unch -ZeroHedge

User Image GTR1000 Posted - 1 day ago

$REI The uptrend is holding up nicely so far.

User Image Vibreezey Posted - 2 days ago

$GTE $ENSV $REI $TPET $IMPP https://oilprice.com/Latest-Energy-News/World-News/US-Crude-Oil-And-Gasoline-Inventories-Drop-Off.html

User Image Vibreezey Posted - 2 days ago

$TPET $GTE $ENSV $REI A bullish report this week for oil released by the API. Crude draw when an inventory build was estimated. https://x.com/oilandenergy/status/1782892012196315389?s=46&t=EuTtizegjsAWMaYJzLfTtg

User Image Danypoopoo Posted - 2 days ago

$REI API: Crude: -3.23MM Gasoline: -0.595MM Distillate: +0.724MM Cushing: -0.898MM -ZeroHedge

User Image BennyBjammin Posted - 2 days ago

$REI I didn't think I'd have to do it again but here we go... The most blue collar beer swizzlin' Friday night dance moves I think I've ever seen.

User Image BennyBjammin Posted - 2 days ago

$REI Long buy line at $2.02 Pre-market. Recovery after 2% drop = Bullish. $2.03+ = Super Bullish.

User Image NGTRDR Posted - 2 days ago

$REI

User Image GoBigD Posted - 2 days ago

$REI Adding more here.

User Image BennyBjammin Posted - 3 days ago

$REI 20 SMA is sitting right in the middle of that green hammer. Golden Cro$$ is official. RSI is still sub 60. Resistant Level 1 is at $2.16. Lookin' Good ๐Ÿ‘.

User Image GTR1000 Posted - 4 days ago

$REI Hear me out I'm not hallucinating something is going on first of all that clayton Eugene board member had been selling a ton shares at any price since early 2023 then Warburg removed the stronghold name from their share ownership why didn't they do that immediately when stronghold sold? And more recently two board members suddenly decided to leave the company without any explanation I don't know it whatever is going on behind the scenes is good or bad but there's definitely something going on it's something to keep an eye on too many suspicious events and this last one I would consider it normal if only one board member left but two at the same time what do you guys think it's either going to be some disagreements or the company might be for sale and they are cleaning house or I'm just jumping to conclusions lol but it's definitely interesting nonetheless.

User Image KingCapp666 Posted - 4 days ago

$XOM is a tech company priced like an oil company. $LIN produces many other sources of energy.. $LIN works with $XOM . LIN has much much higher multiple than Exxon. My friend is on the board of a battery company (20% shareholder)โ€ฆ Exxon is looking to buy them out. Exxon is much much much more than an oil company. And it will be priced like that coming soon.. Right into an energy crisis of AI๐Ÿ˜ˆ๐Ÿ˜ˆ๐Ÿ˜ˆ ๐Ÿ”ฅ๐Ÿ”ฅ $apa $rei $tte

User Image davooo Posted - 5 days ago

$REI From OilPrice: โ€œDuring the quarter, we continued to benefit from our favorable exposure to the international markets, with remarkable year-on-year growth of 29% in the Middle East & Asia, in addition to growth of 18% in Europe & Africa,โ€ Le Peuch added. Following an โ€œexciting start to the yearโ€, SLB expects growth momentum to continue, the executive noted. โ€œThe oil and gas industry continues to benefit from strong market fundamentals driven by a growing demand outlook. This is resulting in a significant baseload of activity, particularly in the international and offshore markets, closely aligned with the strengths of our business,โ€ Le Peuch said. ๐ŸŽƒ

User Image BennyBjammin Posted - 6 days ago

$REI Talk about winning by a hair. That one cent difference between $1.99 and $2.00 put 328,800 shares In the $$$. Considering that only 1.35M shares were traded today, that is huge. Next option chain due date is not until May 17th and we have earnings before then on May 1st. Have a good weekend everyone!! This should be every bull right now:

User Image NGTRDR Posted - 6 days ago

$REI Added a wee bit today Have a great weekend everyone

User Image BennyBjammin Posted - 6 days ago

$REI It's a horse race!!

User Image BennyBjammin Posted - 6 days ago

$REI The fight for $2.00 on option contracts that are due today. Option interest gets heavy on $3.00 calls due in June and September with 40,000+ between the two dates.

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