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 shares have increased by 44.6% and is now trading at $2.01. 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 413,552 shares of REI stock, representing 0.16% 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 many different institutional and retail investors. Top institutional shareholders include DGS Capital Management LLC (0.02%). 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 .

NYSEAMERICAN:REI

Ring Energy (REI) Stock Price, News & Analysis

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$2.01

-0.06 (-2.90%)

(As of 04/17/2024 ET)

Compare

Today's Range: $1.99
▼
$2.09
50-Day Range: N/A
52-Week Range: $1.25
▼
$2.43

Volume: 906,997 shs
Average Volume: 1.81 million shs
Market Capitalization: $397.84 million

P/E Ratio: 3.72
Dividend Yield: N/A
Price Target: N/A

Stock Analysis Chart Earnings Financials Headlines Insider Trades Ownership SEC Filings Short Interest

Get Ring Energy alerts:

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: 1.00
Based on 2 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.

0.98 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Ring Energy.

1.0

Short Interest

Percentage of Shares Shorted
6.88% of the outstanding shares of Ring Energy have been sold short.
Short Interest Ratio / Days to Cover
Ring Energy has a short interest ratio ("days to cover") of 7.2.
Change versus previous month
Short interest in Ring Energy has recently increased by 2.10%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Ring Energy does not currently pay a dividend.
Dividend Growth
Ring Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for REI.

2.8

News and Social Media Coverage

News Sentiment
Ring Energy has a news sentiment score of 1.00. 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 higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Ring Energy this week, compared to 2 articles on an average week.
Search Interest
Only 13 people have searched for REI on MarketBeat in the last 30 days. This is a decrease of -59% compared to the previous 30 days.
MarketBeat Follows
5 people have added Ring Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ring Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.40% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Ring Energy are expected to grow by 5.45% in the coming year, from $0.55 to $0.58 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ring Energy is 3.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ring Energy is 3.72, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.70.
Price to Book Value per Share Ratio
Ring Energy has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

REI Stock News Headlines

April 15, 2024 | investorplace.com

3 Oil & Gas Penny Stocks That Can Double in 3 Quarters

April 11, 2024 | investorplace.com

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April 18, 2024 | Gold Safe Exchange (Ad)

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April 6, 2024 | investorplace.com

The 3 Most Undervalued Penny Stocks to Buy in April 2024

April 5, 2024 | msn.com

Watch The Ring Of Fire Annular Solar Eclipse In This Amazing Time-lapse From Nevada

April 4, 2024 | msn.com

IVE Reflect on Emotional ‘Show What I Have' Tour Finale in Newark: ‘It Gave Us So Much Inspiration'

April 2, 2024 | investorplace.com

3 Micro-Cap Gems Ready to Explode 1,000% by 2029

April 1, 2024 | msn.com

Total Solar Eclipse: When a diamond ring will appear in the sky

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 25, 2024 | globenewswire.com

Ring Energy Announces Participation in Water Tower Research Fireside Chat Event on March 26, 2024

March 22, 2024 | investorplace.com

3 Sub-$10 Stocks Poised to Triple Before 2025 Ends

March 18, 2024 | investorplace.com

3 Oil & Gas Penny Stocks That Could Gush 100% Gains by 2025

March 18, 2024 | markets.businessinsider.com

4 Overlooked Stocks to Buy to Turn $100,000 Into $1 Million

March 15, 2024 | msn.com

FBI sent several informants to Standing Rock protests, court documents show

March 14, 2024 | investorplace.com

3 Oil Stocks to Buy Before Rate Cuts Trigger a Big Rally

March 13, 2024 | investorplace.com

The 3 Most Undervalued Stocks to Buy for Under $5 in March 2024

March 12, 2024 | globenewswire.com

Ring Energy Announces Participation in 36th Annual Roth Conference

March 10, 2024 | finance.yahoo.com

Ring Energy, Inc. (AMEX:REI) Q4 2023 Earnings Call Transcript

March 9, 2024 | finanznachrichten.de

Ring Energy, Inc.: Ring Energy Announces Record Fourth Quarter and Full Year 2023 Results, Year-End 2023 Proved Reserves and Additional 2024 Guidance

March 9, 2024 | finance.yahoo.com

Q4 2023 Ring Energy Inc Earnings Call

March 8, 2024 | finance.yahoo.com

Ring Energy Inc (REI) Posts Record Q4 and Full-Year 2023 Results

March 8, 2024 | investorplace.com

From Zero to Hero: 7 Penny Stocks Set for a Decade of Dominance

March 7, 2024 | msn.com

REI Stock Earnings: Ring Energy Misses EPS, Beats Revenue for Q4 2023

March 7, 2024 | sfgate.com

Ring Energy: Q4 Earnings Snapshot

March 7, 2024 | globenewswire.com

Ring Energy Announces Record Fourth Quarter and Full Year 2023 Results, Year-End 2023 Proved Reserves and Additional 2024 Guidance

March 6, 2024 | msn.com

Ring Energy Q4 2023 Earnings Preview

March 6, 2024 | investorplace.com

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/18/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Current Symbol: NYSEAMERICAN:REI
CUSIP: N/A
CIK: 1384195
Web: www.ringenergy.com
Phone: (281) 397-3699
Fax: N/A
Employees: 108
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.54
Trailing P/E Ratio: 3.72
Forward P/E Ratio: 3.65
P/E Growth: N/A
Net Income: $104.86 million
Net Margins: 29.04%
Pretax Margin: 29.08%
Return on Equity: 12.48%
Return on Assets: 6.96%

Debt

Debt-to-Equity Ratio: 0.54
Current Ratio: 0.49
Quick Ratio: 0.44

Sales & Book Value

Annual Sales: $361.06 million
Price / Sales: 1.10
Cash Flow: $0.93 per share
Price / Cash Flow: 2.17
Book Value: $4.02 per share
Price / Book: 0.50

Miscellaneous

Outstanding Shares: 197,930,000
Free Float: 195,163,000
Market Cap: $397.84 million
Optionable: Not Optionable
Beta: 1.76

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Key Executives

Mr. Paul D. McKinney (Age 65)
CEO & Chairman of the Board
Comp: $1.35M
Mr. Travis T. Thomas (Age 46)
Executive VP, CFO, Corporate Secretary & Treasurer
Comp: $668.5k
Mr. Marinos Christos Baghdati (Age 47)
Executive Vice President of Operations
Comp: $668.5k
Mr. Stephen Donald Brooks (Age 68)
Executive Vice President of Land, Legal, Human Resources & Marketing
Comp: $668.5k
Mr. Alexander Dyes (Age 39)
Executive Vice President of Engineering & Corporate Strategy
Comp: $665.96k
Ms. Hollie Lamb (Age 48)
VP of Compliance & GM of the Midland - Texas Office
Al Petrie
Officer of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 shares have increased by 44.6% and is now trading at $2.01.
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 413,552 shares of REI stock, representing 0.16% 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 many different institutional and retail investors. Top institutional shareholders include DGS Capital Management LLC (0.02%). 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 4/18/2024 by MarketBeat.com Staff

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Ring Energy (REI) Stock Price, News & Analysis

Ring Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ring Energy Stock (NYSEAMERICAN:REI)

REI Stock Price History

REI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

REI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™