NYSEAMERICAN:REI

Ring Energy (REI) Stock Price, News & Analysis

$1.98
-0.04 (-1.99%)
(As of 04/24/2024 ET)
Today's Range
$1.96
$2.02
50-Day Range
N/A
52-Week Range
$1.25
$2.43
Volume
998,133 shs
Average Volume
1.86 million shs
Market Capitalization
$390.91 million
P/E Ratio
3.66
Dividend Yield
N/A
Price Target
N/A

Ring Energy MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
6.88% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.80mentions of Ring Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.45%
From $0.55 to $0.58 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.99 out of 5 stars

REI stock logo

About Ring Energy Stock (NYSEAMERICAN:REI)

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.

REI Stock Price History

REI Stock News Headlines

$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
3 Oil & Gas Penny Stocks That Can Double in 3 Quarters
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
3 Micro-Cap Gems Ready to Explode 1,000% by 2029
3 Sub-$10 Stocks Poised to Triple Before 2025 Ends
4 Overlooked Stocks to Buy to Turn $100,000 Into $1 Million
Q4 2023 Ring Energy Inc Earnings Call
Ring Energy: Q4 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:REI
Fax
N/A
Employees
108
Year Founded
N/A

Profitability

Net Income
$104.86 million
Pretax Margin
29.08%

Debt

Sales & Book Value

Annual Sales
$361.06 million
Cash Flow
$0.94 per share
Book Value
$4.02 per share

Miscellaneous

Free Float
192,788,000
Market Cap
$395.86 million
Optionable
Not Optionable
Beta
1.76
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REI Stock Analysis - Frequently Asked Questions

How have REI shares performed in 2024?

Ring Energy's stock was trading at $1.39 at the beginning of the year. Since then, REI stock has increased by 41.0% and is now trading at $1.96.
View the best growth stocks for 2024 here
.

How were Ring Energy's earnings last quarter?

Ring Energy, Inc. (NYSEAMERICAN:REI) announced its earnings results on Thursday, March, 7th. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.14 by $0.04. The firm earned $99.94 million during the quarter, compared to analyst estimates of $95.39 million. Ring Energy had a trailing twelve-month return on equity of 12.48% and a net margin of 29.04%.

What ETF holds Ring Energy's stock?

First Trust Natural Gas ETF holds 490,671 shares of REI stock, representing 0.23% of its portfolio.

What other stocks do shareholders of Ring Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ring Energy investors own include Universal Display (OLED), Enterprise Products Partners (EPD), Kinder Morgan (KMI), Gulfport Energy (GPOR), AT&T (T), Energy Transfer (ET), Intel (INTC), Sorrento Therapeutics (SRNE), Permian Resources (CDEV) and Cleveland-Cliffs (CLF).

Who are Ring Energy's major shareholders?

Ring Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Simplicity Wealth LLC (0.06%), DGS Capital Management LLC (0.02%) and McAdam LLC (0.01%). Insiders that own company stock include Anthony Benedict Petrelli, John A Crum, Paul D Mckinney, Richard E Harris, Warburg Pincus (E&P) Xii Llc and William R Kruse.
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.

This page (NYSEAMERICAN:REI) was last updated on 4/24/2024 by MarketBeat.com Staff

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