NYSEAMERICAN:REI Ring Energy (REI) Stock Price, News & Analysis $1.46 -0.01 (-0.68%) (As of 11/4/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisChartEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort Interest About Ring Energy Stock (NYSEAMERICAN:REI) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Ring Energy alerts:Sign Up Key Stats Today's Range$1.46▼$1.5150-Day Range N/A52-Week Range$1.25▼$2.20Volume1.86 million shsAverage Volume1.79 million shsMarket Capitalization$289.33 millionP/E Ratio4.06Dividend YieldN/APrice TargetN/AConsensus RatingN/A Company OverviewRing 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.Read More… Unveiled: NVIDIA’s "Secret Royalty" Program (Ad)Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?Click Here to learn how to get in now >>> Ring Energy Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks50th Percentile Overall ScoreREI MarketRank™: Ring Energy scored higher than 50% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for Ring Energy.Read more about Ring Energy's stock forecast and price target. Earnings and Valuation3.8 / 5Proj. Earnings Growth30.30% Earnings GrowthEarnings for Ring Energy are expected to grow by 30.30% in the coming year, from $0.33 to $0.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ring Energy is 4.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Ring Energy is 4.06, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.08.Price to Book Value per Share RatioRing Energy has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted7.35% of the outstanding shares of Ring Energy have been sold short.Short Interest Ratio / Days to CoverRing Energy has a short interest ratio ("days to cover") of 8.6.Change versus previous monthShort interest in Ring Energy has recently increased by 4.07%, indicating that investor sentiment is decreasing. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldRing Energy does not currently pay a dividend.Dividend GrowthRing Energy does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted7.35% of the outstanding shares of Ring Energy have been sold short.Short Interest Ratio / Days to CoverRing Energy has a short interest ratio ("days to cover") of 8.6.Change versus previous monthShort interest in Ring Energy has recently increased by 4.07%, indicating that investor sentiment is decreasing. News and Social Media1.6 / 5News SentimentN/A News SentimentRing Energy has a news sentiment score of -0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Oils/Energy companies.Search Interest9 people have searched for REI on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Ring Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,296,000.00 in company stock.Percentage Held by InsidersOnly 2.60% of the stock of Ring Energy is held by insiders.Percentage Held by Institutions77.14% of the stock of Ring Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ring Energy's insider trading history. Receive REI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ring Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address REI Stock News HeadlinesRing Energy, Inc. (NYSEAMERICAN:REI) Major Shareholder Warburg Pincus & Co Us, Llc Sells 4,400,000 SharesOctober 10, 2024 | insidertrades.comRing Energy Announces Timing of Third Quarter 2024 Earnings Release and Conference CallOctober 28, 2024 | globenewswire.comUnveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?November 5, 2024 | Behind the Markets (Ad)Could Ring Energy, Inc. (REI) Be the Hidden Gem in the Oil Sector with 83% Upside Potential?October 17, 2024 | msn.comIs Ring Energy, Inc. (REI) the Best High Growth Penny Stock That is Profitable in 2024?October 16, 2024 | msn.comRing Energy to Participate in Water Tower Research Fireside Chat on October 16October 15, 2024 | globenewswire.com10 Strongest Sailor Moon Villains From the Movies, RankedOctober 14, 2024 | msn.com8 Most Undervalued Oil Stocks To Buy According To AnalystsOctober 14, 2024 | insidermonkey.comSee More Headlines REI Stock Analysis - Frequently Asked Questions How have REI shares performed this year? Ring Energy's stock was trading at $1.39 on January 1st, 2024. Since then, REI shares have increased by 5.0% and is now trading at $1.46. View the best growth stocks for 2024 here. How were Ring Energy's earnings last quarter? Ring Energy, Inc. (NYSEAMERICAN:REI) issued its earnings results on Monday, August, 9th. The company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.19. The business had revenue of $47.76 million for the quarter, compared to analysts' expectations of $33.69 million. Ring Energy had a net margin of 18.41% and a trailing twelve-month return on equity of 10.94%. Who are Ring Energy's major shareholders? Top institutional shareholders of Ring Energy include Atria Investments Inc (0.07%), Creative Planning (0.06%), Bleakley Financial Group LLC (0.05%) and SG Americas Securities LLC (0.03%). Insiders that own company stock include Warburg Pincus (E&P) Xii Llc, Warburg Pincus & Co Us, Llc, William R Kruse, Paul D Mckinney, Anthony Benedict Petrelli, John A Crum and Richard E Harris. View institutional ownership trends. How do I buy shares of Ring Energy? Shares of REI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Ring Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that Ring Energy investors own include Cenovus Energy (CVE), Crescent Point Energy (CPG), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), NVIDIA (NVDA) and Netflix (NFLX). Company Calendar Last Earnings8/09/2021Today11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNYSEAMERICAN:REI CUSIPN/A CIK1384195 Webwww.ringenergy.com Phone(281) 397-3699FaxN/AEmployees50Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.36 Trailing P/E Ratio4.06 Forward P/E Ratio4.42 P/E GrowthN/ANet Income$104.86 million Net Margins18.41% Pretax Margin21.77% Return on Equity10.94% Return on Assets6.21% Debt Debt-to-Equity Ratio0.50 Current Ratio0.50 Quick Ratio0.45 Sales & Book Value Annual Sales$361.06 million Price / Sales0.80 Cash Flow$0.94 per share Price / Cash Flow1.55 Book Value$4.02 per share Price / Book0.36Miscellaneous Outstanding Shares198,170,000Free Float193,020,000Market Cap$289.33 million OptionableNot Optionable Beta1.63 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report This page (NYSEAMERICAN:REI) was last updated on 11/5/2024 by MarketBeat.com Staff From Our PartnersBill Gates’s Next Big AI Bet: StargateIn February 2016… when almost nobody was talking about artificial intelligence…. 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