NASDAQ:REI - Ring Energy Stock Price, News & Analysis

$1.57
-0.04 (-2.48 %)
(As of 09/19/2019 12:45 PM ET)
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Today's Range
$1.55
Now: $1.57
$1.64
50-Day Range
$1.24
MA: $1.73
$2.55
52-Week Range
$1.23
Now: $1.57
$11.79
Volume250,219 shs
Average Volume805,686 shs
Market Capitalization$106.46 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Ring Energy, Inc. acquires, explores for, develops, and produces oil and natural gas in Texas and Kansas, the United States. As of December 31, 2016, its proved reserves consisted of approximately 27.7 million barrel of oil equivalent. The company also owns interests in 32,663 net developed and undeveloped acres in Andrews and Gaines counties, and 20,490 net developed and undeveloped acres in Reeves and Culberson counties, Texas; and 14,549 net developed and undeveloped acres in Kansas. 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 founded in 2004 and is headquartered in Midland, Texas.

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
Current SymbolNASDAQ:REI
CUSIPN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$106.46 million
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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Ring Energy (NASDAQ:REI) Frequently Asked Questions

What is Ring Energy's stock symbol?

Ring Energy trades on the NASDAQ under the ticker symbol "REI."

How were Ring Energy's earnings last quarter?

Ring Energy, Inc. (NASDAQ:REI) issued its earnings results on Wednesday, August, 7th. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.04. The business had revenue of $51.33 million for the quarter, compared to the consensus estimate of $49.66 million. View Ring Energy's Earnings History.

When is Ring Energy's next earnings date?

Ring Energy is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Ring Energy.

What price target have analysts set for REI?

3 brokerages have issued 12 month price targets for Ring Energy's shares. Their predictions range from $12.00 to $12.00. On average, they expect Ring Energy's share price to reach $12.00 in the next year. This suggests a possible upside of 669.2% from the stock's current price. View Analyst Price Targets for Ring Energy.

What is the consensus analysts' recommendation for Ring Energy?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ring Energy in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ring Energy.

Has Ring Energy been receiving favorable news coverage?

News headlines about REI stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ring Energy earned a daily sentiment score of -2.9 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Ring Energy.

What other stocks do shareholders of Ring Energy own?

How do I buy shares of Ring Energy?

Shares of REI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Ring Energy's stock price today?

One share of REI stock can currently be purchased for approximately $1.56.

How big of a company is Ring Energy?

Ring Energy has a market capitalization of $105.78 million. View Additional Information About Ring Energy.

What is Ring Energy's official website?

The official website for Ring Energy is http://www.ringenergy.com/.


MarketBeat Community Rating for Ring Energy (NASDAQ REI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  87 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  207
MarketBeat's community ratings are surveys of what our community members think about Ring Energy and other stocks. Vote "Outperform" if you believe REI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe REI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/19/2019 by MarketBeat.com Staff

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