Ring Energy Inc REI

$1.43 +0.01 (0.70%)

Valuation

Market cap
372,544,000
Revenue TTM
$307,180,000
Net income TTM
$-34,730,000
P/E (trailing)
7.47
P/E (forward)
12.91
Profit margin
-11.31%
Debt to equity
0.48

Trading

Volume
2,320,400
Avg volume
3,387,854
Day's range
$1.41 – $1.44
Shares out
260,520,000
Stochastic %K
91%
Beta
0.98
Analysts
Moderate Buy
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...

Show more

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

WOLFSTREET Nov 2, 12:46 AM
$REI CC9.9 paving way for newest and most effective release "CC X" for 2027. This format is now super easy to use, fast enough to allow me to manage multiple portfolios with lots of positons across them. I visit tickers here for a reason and the reason is usually pretty clear. While others talk, I code, crunch, and deliver.
0 replies
WOLFSTREET Nov 2, 12:33 AM
$REI $BE @TTCM Thank for the reshare and the re-reshare. Here is my original and oNLY post on these two (recently / together). I pointed out how one stock was up while other was down during same period when the bozo was going the wrong way on both. Now, if @TTCM is looking for a comparison and a bunch of bullshit, you are at the wrong place, I AM CC. CC sort all this out very easily.
0 replies
WOLFSTREET Nov 2, 12:31 AM
$REI $BE @TTCM Thank for the reshare and the re-reshare. You seem intelligent, where did I compare the two stocks? Please show me the comparison points that I made?
0 replies
TTCM Nov 1, 10:20 PM
$BE $REI Comparing $200 stock to $1.44 stock. Seriously ?
0 replies
Miracleshappen Nov 1, 3:37 PM
$REI if your long term here, you haven’t done very well. -62% in past 5 years. You owe that to a CEO who could care less about shareholders. Your hope for a sale falls on deaf ears.
0 replies
WOLFSTREET Nov 1, 1:36 AM
$REI DUMB Move. $REI UP nearly 35% from this post, while.... $BE DOWN nearly 45% in same time... Recommending you do the opposite of YOU, like soon.
0 replies
Winning81 Oct 31, 2:42 PM
$AMPY $BATL $EONR $GTE $REI uh oh https://x.com/marionawfal/status/2116470794884632818?a=JKu0fc8D5GoQC1BElKs&s=46
2 replies
Iheartlng Oct 30, 5:06 PM
$REI PATHETIC! doesn't even begin to describe this companies self serving management. I'm not sure how McKinney is going to screw shareholders this quarter but I'm sure it's coming. RS, more dilution, huge CAPEX increase, debt increase, acquisition or all of the above. I can't wait. Please somebody buy this turd for $2.
0 replies