NYSEAMERICAN:REI

Ring Energy (REI) Stock Price, News & Analysis

$2.04
+0.02 (+0.99%)
(As of 04/22/2024 ET)
Today's Range
$1.96
$2.05
50-Day Range
N/A
52-Week Range
$1.25
$2.43
Volume
1.28 million shs
Average Volume
1.74 million shs
Market Capitalization
$403.78 million
P/E Ratio
3.78
Dividend Yield
N/A
Price Target
N/A
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

3 Oil & Gas Penny Stocks That Can Double in 3 Quarters
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
3 Micro-Cap Gems Ready to Explode 1,000% by 2029
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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
Ring Energy Q4 2023 Earnings Preview
See More Headlines
Receive REI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ring Energy and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/07/2024
Today
4/22/2024
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
$0.97 per share
Book Value
$4.02 per share

Miscellaneous

Free Float
192,788,000
Market Cap
$403.78 million
Optionable
Not Optionable
Beta
1.76
Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

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 2024. Since then, REI stock has increased by 46.8% and is now trading at $2.04.
View the best growth stocks for 2024 here
.

How were Ring Energy's earnings last quarter?

Ring Energy, Inc. (NYSEAMERICAN:REI) released its quarterly earnings results on Thursday, March, 7th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate 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 net margin of 29.04% and a trailing twelve-month return on equity of 12.48%.

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 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 4/23/2024 by MarketBeat.com Staff

From Our Partners