Ring Energy (REI) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $0.80 to $0.85
• 50-Day Range: $0.74 to $0.89
• 52-Week Range: $0.72 to $2.00
• Volume: 2.57 million shs
• Average Volume: 4.12 million shs
• Market Capitalization: $164.49 million
• P/E Ratio: 2.21
• Dividend Yield: N/A
• Price Target: $2.50
• Consensus Rating: Buy

Ring Energy Stock Analysis - MarketRank™

Ring Energy scored higher than 93% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Ring Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ring Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 33.33%

Earnings Growth

Earnings for Ring Energy are expected to grow by 33.33% in the coming year, from $0.33 to $0.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ring Energy is 2.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.77.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ring Energy is 2.21, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 65.38.

Price to Book Value per Share Ratio

Ring Energy has a P/B Ratio of 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.72% of the float of Ring Energy has been sold short.

Short Interest Ratio / Days to Cover

Ring Energy has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ring Energy has recently decreased by 28.79%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ring Energy does not currently pay a dividend.

Dividend Growth

Ring Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.72% of the float of Ring Energy has been sold short.

Short Interest Ratio / Days to Cover

Ring Energy has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ring Energy has recently decreased by 28.79%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

Ring Energy has a news sentiment score of 0.55. 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 0.72 average news sentiment score of Energy companies.

Search Interest

Only 9 people have searched for REI on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

MarketBeat Follows

2 people have added Ring Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Ring Energy insiders have sold 14,287.39% more of their company's stock than they have bought. Specifically, they have bought $49,930.00 in company stock and sold $7,183,625.00 in company stock.

Percentage Held by Insiders

Only 3.00% of the stock of Ring Energy is held by insiders.

Percentage Held by Institutions

77.14% of the stock of Ring Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

REI Stock Analysis - Frequently Asked Questions

How have REI shares performed this year?

Ring Energy's stock was trading at $1.40 at the start of the year. Since then, REI stock has decreased by 43.1% and is now trading at $0.7965.

How were Ring Energy's earnings last quarter?

Ring Energy, Inc. (NYSEAMERICAN:REI) released its earnings results on Wednesday, November, 6th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02. The company had revenue of $89.24 million for the quarter, compared to analyst estimates of $83.27 million. Ring Energy had a net margin of 20.25% and a trailing twelve-month return on equity of 6.54%.
Read the conference call transcript.

Who are Ring Energy's major shareholders?

Ring Energy's top institutional investors include Investment Advisory Services Inc. TX ADV (0.05%), Founders Capital Management (0.02%), Ullmann Wealth Partners Group LLC (0.02%) and Patriot Financial Group Insurance Agency LLC (0.02%). Insiders that own company stock include Warburg Pincus & Co Us, Llc, Warburg Pincus (E&P) Xii Llc, William R Kruse, Paul D Mckinney, Alexander Dyes, Anthony Benedict Petrelli, John A Crum, Regina Roesener 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.

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 Earnings: 11/06/2024
• Record date for 7/8 Dividend: 6/30/2025
• Dividend Payable: 7/08/2025
• Today: 7/24/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Energy
• Industry: OIL - US EXP&PROD
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSEAMERICAN:REI
• CIK: 1384195
• Web: www.ringenergy.com
• Phone: (281) 397-3699
• Fax: N/A
• Employees: 50
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ring Energy: $2.50
• High Price Target: $2.50
• Low Price Target: $2.50
• Potential Upside/Downside: +209.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.57
• Trailing P/E Ratio: 2.25
• Forward P/E Ratio: 2.45
• P/E Growth: N/A
• Net Income: $67.47 million
• Net Margins: 20.25%
• Pretax Margin: 26.45%
• Return on Equity: 6.54%
• Return on Assets: 3.90%

Debt

• Debt-to-Equity Ratio: 0.53
• Current Ratio: 0.47
• Quick Ratio: 0.44

Sales & Book Value

• Annual Sales: $366.33 million
• Price / Sales: 0.46
• Cash Flow: $0.87 per share
• Price / Cash Flow: 0.93
• Book Value: $4.33 per share
• Price / Book: 0.19

Miscellaneous

• Outstanding Shares: 206,520,000
• Free Float: 200,329,000
• Market Cap: $167.07 million
• Optionable: Not Optionable
• Beta: 0.77