Ring Energy Inc REI

$1.34 +0.03 (2.29%)

Valuation

Market cap
341,281,000
Revenue TTM
$307,180,000
Net income TTM
$-34,730,000
PE ratio
7.11
Forward PE
12.27
Profit margin
-11.31%
Debt to equity
0.48

Trading

Volume
1,964,600
Avg volume
3,538,718
Day's range
$1.31 – $1.35
Shares out
260,520,000
Stochastic %K
30%
Beta
0.98
Analysts
Sell
Price target
$2.24

Price

Company profile

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 74,717 net developed acres and 4,366 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,833 net developed acres and 8,318 net undeveloped acres in Yoakum County, Texas and Lea Co...

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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 74,717 net developed acres and 4,366 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,833 net developed acres and 8,318 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 founded in 2004 and is headquartered in The Woodlands, Texas.

Industry
Oil & Gas E&P
Sector
Energy
Phone
281 397 3699
Website
https://www.ringenergy.com
Address
1725 Hughes Landing Boulevard, Suite 900, The Woodlands, United States

Latest news

Stocktwits

Winning81 Oct 12, 9:10 PM
$AMPY $BATL $EONR $REI $WTI oil headed lower if Saudi accepts Iran’s offer of diplomacy 👇 https://x.com/marionawfal/status/2109593671524044813?s=46
1 replies
IdioSyncro Oct 12, 1:20 PM
$USO $SPY $REI $BSIN $BATL There is too much collateral damage in the middle east with the Saudi's , Iran can control where and who their oil goes to as a partner. Russia's refineries are offline for repairs with more attacks to come. Both the Red Sea and the Eastern side are death traps for ships. Mariners are charging insanely high cargo rates per day up to 1.6M just to get their hands on oil to be utilized. The demand is REAL, the Desperation to get oil is REAL. Meanwhile Cheeto Puff Donald thinks he can act like a smooth criminal by making deals with dictators/ ie Putin to make up fictional MATHEMATICS for diesel fuel that is a mere DROP IN THE BUCKET! Meanwhile Donald has drained our backup savings account the USA SPR! And Donald wants to continue a War with Iran after midterms. That every Republican will be replaced, because Republicans dont have balls to stand up to Trump but vote for everything Trump puts infront of them as YES MEN. Current REAL PRICE OF OIL IS $140 a barrel.
1 replies
Miracleshappen Oct 12, 11:35 AM
$REI winning or losing81 is more like it is losing his marbles. Now he believes the Iranians.
1 replies
Winning81 Oct 12, 5:05 AM
$AMPY $BATL $EONR $REI $WTI https://x.com/hormuzletter/status/2109509987500171401?s=46
0 replies
Maribor Oct 11, 8:38 PM
$BATL $REI $SPY $USO $VG https://x.com/TimesofIsrael/status/2109231315618783667?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2109231315618783667%7Ctwgr%5E52f45755926827f32bac99dd5317d4a824894caa%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fsaudis-vow-retaliation-after-deadly-airport-strike-houthi-threat-puts-gulf-edge
0 replies
IdioSyncro Oct 11, 8:22 PM
$USO $SPY $REI $VG $BATL https://www.youtube.com/watch?v=e5SyTzUZXiI
4 replies
GTR1000 Oct 10, 3:46 AM
$REI How Ring energy bagholders (including myself) feel everyday the market is open.
0 replies
IdioSyncro Oct 9, 5:42 PM
$USO $SPY Basically the only way Trump turns this crap around is to stop the war in Iran- which BiBi WONT LET HIM DO. So we are Fuk'dd there and this is escalating bad! The damages to refineries in the middle east and Russia is a disaster! Wont be fixed for 3-5+ years! And Now Trump wants to DRILL BABY DRILL? Well guess what you fuktard President of the mentally incompetent! Small oil companies on the stock exchange have already begun the process of drilling in west Texas like $BATL $EONR $REI. Trump if you think this is a crisis moment you would be finally right to admit it! Tell your wallstreet goons to stop shorting oil stocks and let them reach their true market discovery prices and lets get to drilling!!! More wells and increasing production and BUILD MORE REFINERIES!! Playing Fuk around to make money off stocks is absolutely INSANE GREEDY!
1 replies