Roth Capital Has Negative Outlook of Ring Energy Q2 Earnings

Ring Energy, Inc. (NYSEAMERICAN:REI - Free Report) - Equities research analysts at Roth Capital cut their Q2 2025 EPS estimates for shares of Ring Energy in a research report issued to clients and investors on Monday, June 23rd. Roth Capital analyst J. White now forecasts that the company will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.02. The consensus estimate for Ring Energy's current full-year earnings is $0.33 per share. Roth Capital also issued estimates for Ring Energy's Q3 2025 earnings at $0.03 EPS, Q4 2025 earnings at $0.03 EPS and FY2025 earnings at $0.12 EPS.

Several other equities research analysts have also commented on the stock. Industrial Alliance Securities set a $2.50 price target on shares of Ring Energy in a report on Friday, March 7th. Alliance Global Partners reissued a "buy" rating on shares of Ring Energy in a report on Friday, March 7th.

Ring Energy Stock Performance

Shares of NYSEAMERICAN:REI traded down $0.03 during trading on Thursday, hitting $0.75. 25,202,998 shares of the stock traded hands, compared to its average volume of 2,263,863. The company has a quick ratio of 0.44, a current ratio of 0.47 and a debt-to-equity ratio of 0.53. The company has a market cap of $154.89 million, a price-to-earnings ratio of 2.08 and a beta of 0.75. The company has a fifty day moving average price of $0.83 and a two-hundred day moving average price of $1.18. Ring Energy has a 52-week low of $0.72 and a 52-week high of $2.06.

Institutional Trading of Ring Energy

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD raised its holdings in Ring Energy by 6.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 153,156 shares of the company's stock valued at $209,000 after buying an additional 9,805 shares during the period. Arkadios Wealth Advisors raised its holdings in Ring Energy by 97.7% in the 1st quarter. Arkadios Wealth Advisors now owns 23,429 shares of the company's stock valued at $27,000 after buying an additional 11,579 shares during the period. MetLife Investment Management LLC raised its holdings in Ring Energy by 21.5% in the 1st quarter. MetLife Investment Management LLC now owns 66,197 shares of the company's stock valued at $76,000 after buying an additional 11,693 shares during the period. ProShare Advisors LLC raised its holdings in Ring Energy by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 41,736 shares of the company's stock valued at $57,000 after buying an additional 13,733 shares during the period. Finally, CWM LLC raised its holdings in Ring Energy by 99.3% in the 1st quarter. CWM LLC now owns 27,773 shares of the company's stock valued at $32,000 after buying an additional 13,840 shares during the period. 77.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Ring Energy news, EVP Alexander Dyes bought 63,203 shares of the stock in a transaction on Tuesday, May 20th. The shares were bought at an average price of $0.79 per share, with a total value of $49,930.37. Following the purchase, the executive vice president now directly owns 878,087 shares in the company, valued at $693,688.73. This trade represents a 7.76% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Warburg Pincus (E&P) Xii Llc sold 495,278 shares of Ring Energy stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $0.76, for a total transaction of $376,411.28. Following the sale, the insider now directly owns 25,723,126 shares in the company, valued at approximately $19,549,575.76. This trade represents a 1.89% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,436,343 shares of company stock valued at $7,183,625. 3.00% of the stock is owned by corporate insiders.

Ring Energy Dividend Announcement

The business also recently declared a jun 25 dividend, which will be paid on Tuesday, July 8th. Investors of record on Monday, June 30th will be issued a $0.0965 dividend.

About Ring Energy

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.