Ring Energy Company Profile (NYSE:REI)

About Ring Energy (NYSE:REI)

Ring Energy logo

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: NYSE:REI
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: $654.4 million
  • Outstanding Shares: 49,166,000
Average Prices:
  • 50 Day Moving Avg: $12.56
  • 200 Day Moving Avg: $12.26
  • 52 Week Range: $7.48 - $14.14
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 19.57
  • P/E Growth: 1.37
Sales & Book Value:
  • Annual Revenue: $35.21 million
  • Price / Sales: 18.59
  • Book Value: $5.99 per share
  • Price / Book: 2.22
Profitability:
  • EBIDTA: $16.48 million
Misc:
  • Average Volume: 391,730 shs.
  • Short Ratio: 17.77
 

Frequently Asked Questions for Ring Energy (NYSE:REI)

What is Ring Energy's stock symbol?

Ring Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "REI."

How were Ring Energy's earnings last quarter?

Ring Energy (NYSE:REI) announced its quarterly earnings results on Tuesday, May, 9th. The company reported $0.03 EPS for the quarter, meeting analysts' consensus estimates of $0.03. The firm had revenue of $12.24 million for the quarter, compared to the consensus estimate of $11.47 million. View Ring Energy's Earnings History.

Where is Ring Energy's stock going? Where will Ring Energy's stock price be in 2017?

7 analysts have issued twelve-month price targets for Ring Energy's stock. Their predictions range from $13.50 to $24.00. On average, they anticipate Ring Energy's stock price to reach $17.75 in the next year. View Analyst Ratings for Ring Energy.

What are analysts saying about Ring Energy stock?

Here are some recent quotes from research analysts about Ring Energy stock:

  • 1. Canaccord Genuity analysts commented, "Date and time of first dissemination: April 05, 2017, 18:24 ET Date and time of production: April 05, 2017, 18:24 ET Target Price / Valuation Methodology: Ring Energy – REI We derive our price target using an average of EV/EBITDA and NAV methodologies. By applying an 8.0x multiple to 2018E EBITDA of $96M and averaging that with a ~$19 NAV, we arrive at our $18 price target. Risks to achieving Target Price / Valuation: Ring Energy – REI Volatile commodity prices: Declines in oil, NGL and natural gas prices adversely affect revenues and cash flows. Realized commodity prices could differ meaningfully from our firm’s price deck assumptions." (4/5/2017)
  • 2. According to Zacks Investment Research, "Ring Energy, Inc. is engaged in the exploration and development of oil and gas. The company operates primarily in Texas and Kansas. Ring Energy, Inc. is based in TULSA, United States. " (3/17/2017)

Are investors shorting Ring Energy?

Ring Energy saw a increase in short interest during the month of April. As of April 28th, there was short interest totalling 4,808,516 shares, an increase of 5.4% from the April 13th total of 4,563,781 shares. Based on an average daily trading volume, of 428,829 shares, the days-to-cover ratio is presently 11.2 days. Approximately 11.4% of the shares of the stock are sold short.

Who are some of Ring Energy's key competitors?

Who owns Ring Energy stock?

Ring Energy's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Formula Growth Ltd. (4.23%), Vanguard Group Inc. (3.90%), Cannell Capital LLC (3.60%), FMR LLC (3.58%), Hodges Capital Management Inc. (2.89%) and Eagle Boston Investment Management Inc. (1.60%). Company insiders that own Ring Energy stock include David A Fowler and Kelly W Hoffman. View Institutional Ownership Trends for Ring Energy.

Who sold Ring Energy stock? Who is selling Ring Energy stock?

Ring Energy's stock was sold by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc., FMR LLC, Cortina Asset Management LLC, Russell Investments Group Ltd., Foundry Partners LLC, Morgan Stanley, Nationwide Fund Advisors and Victory Capital Management Inc.. View Insider Buying and Selling for Ring Energy.

Who bought Ring Energy stock? Who is buying Ring Energy stock?

Ring Energy's stock was bought by a variety of institutional investors in the last quarter, including Formula Growth Ltd., Monarch Partners Asset Management LLC, Hodges Capital Management Inc., Vanguard Group Inc., Fisher Asset Management LLC, Heartland Advisors Inc., Goldman Sachs Group Inc. and Sei Investments Co.. View Insider Buying and Selling for Ring Energy.

How do I buy Ring Energy stock?

Shares of Ring Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ring Energy stock cost?

One share of Ring Energy stock can currently be purchased for approximately $13.31.

Analyst Ratings

Consensus Ratings for Ring Energy (NYSE:REI) (?)
Ratings Breakdown: 1 Hold Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $17.75 (33.36% upside)

Analysts' Ratings History for Ring Energy (NYSE:REI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/22/2017Ladenburg Thalmann Financial ServicesReiterated RatingBuy$15.00 -> $17.00HighView Rating Details
4/17/2017Roth CapitalSet Price TargetBuy$19.00MediumView Rating Details
4/5/2017Canaccord GenuityReiterated RatingBuyHighView Rating Details
12/16/2016StephensInitiated CoverageOverweightN/AView Rating Details
9/27/2016Imperial CapitalInitiated CoverageOutperform$13.50N/AView Rating Details
8/29/2016Robert W. BairdReiterated RatingNeutral$24.00N/AView Rating Details
8/29/2016Rodman & RenshawInitiated CoverageBuy$15.00N/AView Rating Details
5/12/2016WunderlichBoost Price TargetBuy$8.00 -> $9.00N/AView Rating Details
2/3/2016GMP SecuritiesReiterated RatingHold$7.00N/AView Rating Details
1/6/2016FBR & CoDowngradeOutperform -> Market Perform$9.00 -> $13.00N/AView Rating Details
7/28/2015Northland SecuritiesLower Price TargetOutperform$14.00 -> $12.00N/AView Rating Details
7/22/2015Seaport Global SecuritiesReiterated RatingBuy$15.00 -> $13.00N/AView Rating Details
6/30/2015Pacific CrestReiterated RatingBuy$14.00 -> $15.00N/AView Rating Details
6/30/2015Eurobank EFGReiterated RatingBuy$14.00 -> $15.00N/AView Rating Details
6/30/2015SunTrust Banks, Inc.Reiterated RatingBuy$16.00 -> $17.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Ring Energy (NYSE:REI)
Earnings by Quarter for Ring Energy (NYSE:REI)
Earnings History by Quarter for Ring Energy (NYSE:REI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017$0.03$0.03$11.47 million$12.24 millionViewListenView Earnings Details
3/15/2017Q4 2016$0.02($0.01)$9.81 million$9.83 millionViewN/AView Earnings Details
11/8/2016Q316($0.01)$0.01$7.99 million$7.82 millionViewListenView Earnings Details
5/9/2016Q116($0.09)($0.50)$5.95 million$6.09 millionViewN/AView Earnings Details
3/15/2016Q415($0.05)($0.05)$7.92 million$7.36 millionViewN/AView Earnings Details
11/9/2015Q315($0.02)($0.04)$9.36 million$8.63 millionViewN/AView Earnings Details
8/10/2015Q215($0.01)$0.02$6.81 million$8.98 millionViewListenView Earnings Details
5/6/2015Q115($0.02)($0.04)$6.18 million$6.05 millionViewN/AView Earnings Details
3/16/2015Q414$0.05$0.10$11.00 million$9.98 millionViewN/AView Earnings Details
11/6/2014$0.12$0.06$12.33 million$10.93 millionViewN/AView Earnings Details
8/8/2014$0.09$0.11$8.76 million$11.20 millionViewN/AView Earnings Details
5/8/2014$0.06$0.05$6.52 million$5.97 millionViewN/AView Earnings Details
3/21/2014$0.04$0.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ring Energy (NYSE:REI)
Current Year EPS Consensus Estimate: $0.26 EPS
Next Year EPS Consensus Estimate: $0.68 EPS

Dividends

Dividend History for Ring Energy (NYSE:REI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Ring Energy (NYSE:REI)
Insider Trades by Quarter for Ring Energy (NYSE:REI)
Institutional Ownership by Quarter for Ring Energy (NYSE:REI)
Insider Trades by Quarter for Ring Energy (NYSE:REI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/19/2017Kelly W HoffmanCEOSell60,000$12.00$720,000.00View SEC Filing  
10/14/2015David A FowlerPresidentSell13,000$10.26$133,380.00View SEC Filing  
4/15/2015David A FowlerPresidentSell10,000$11.59$115,900.00View SEC Filing  
3/24/2015Kelly W HoffmanCEOSell20,000$10.14$202,800.00View SEC Filing  
12/1/2014Rochford Living Trust Lloyd TiDirectorBuy10,000$7.86$78,600.00View SEC Filing  
11/26/2014David A FowlerPresidentBuy1,200$10.84$13,008.00View SEC Filing  
11/26/2014Stanley Myron MccabeDirectorBuy20,000$10.60$212,000.00View SEC Filing  
9/16/2014Kelly W HoffmanCEOBuy1,000$14.94$14,940.00View SEC Filing  
9/16/2014Rochford Living Trust Lloyd TiDirectorBuy10,000$15.15$151,500.00View SEC Filing  
7/2/2014Kelly W HoffmanCEOBuy2,000$17.73$35,460.00View SEC Filing  
6/30/2014Daniel D WilsonEVPBuy5,000$16.64$83,200.00View SEC Filing  
6/30/2014David A FowlerPresidentBuy6,000$16.69$100,140.00View SEC Filing  
4/9/2014David A FowlerPresidentSell15,712$16.35$256,891.20View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ring Energy (NYSE:REI)
Latest Headlines for Ring Energy (NYSE:REI)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Ring Energy, Inc. : May 22, 2017
finance.yahoo.com - May 22 at 6:37 PM
finance.yahoo.com logoRing Energy, Inc. :REI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 19, 2017
finance.yahoo.com - May 19 at 12:21 PM
seekingalpha.com logoRing Energy: 576% Cash Flow Explosion
seekingalpha.com - May 12 at 8:00 AM
seekingalpha.com logoRing Energy's (REI) CEO Kelly Hoffman on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 10 at 7:43 PM
americanbankingnews.com logoRing Energy (REI) Announces Quarterly Earnings Results, Meets Expectations
www.americanbankingnews.com - May 10 at 4:16 PM
finance.yahoo.com logoRing Energy Announces Financial and Operating Results for First Quarter 2017
finance.yahoo.com - May 9 at 7:01 PM
americanbankingnews.com logoRing Energy (REI) Sees Large Growth in Short Interest
www.americanbankingnews.com - May 9 at 6:28 PM
americanbankingnews.com logoPositive Media Coverage Very Likely to Affect Ring Energy (REI) Share Price
www.americanbankingnews.com - May 4 at 9:20 PM
americanbankingnews.com logo Brokerages Expect Ring Energy (REI) Will Announce Quarterly Sales of $11.72 Million
www.americanbankingnews.com - May 4 at 1:03 AM
americanbankingnews.com logoRing Energy (REI) Expected to Announce Earnings of $0.03 Per Share
www.americanbankingnews.com - May 4 at 1:03 AM
finance.yahoo.com logoRing Energy, Inc. Schedules Conference Call on Its 2017 First Quarter Financial and Operating Results
finance.yahoo.com - May 3 at 7:27 PM
americanbankingnews.com logoRing Energy (REI) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - May 2 at 11:06 PM
americanbankingnews.com logoRing Energy (REI) Receiving Somewhat Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - May 1 at 10:24 AM
americanbankingnews.com logo$11.72 Million in Sales Expected for Ring Energy (REI) This Quarter
www.americanbankingnews.com - April 30 at 9:52 AM
americanbankingnews.com logoPositive News Coverage Extremely Likely to Impact Ring Energy (REI) Stock Price
www.americanbankingnews.com - April 28 at 1:12 PM
americanbankingnews.com logo Analysts Anticipate Ring Energy (REI) to Announce $0.03 EPS
www.americanbankingnews.com - April 28 at 9:13 AM
americanbankingnews.com logoShort Interest in Ring Energy (REI) Grows By 4.1%
www.americanbankingnews.com - April 25 at 8:48 PM
americanbankingnews.com logoRing Energy (REI) Earning Somewhat Positive Media Coverage, Report Shows
www.americanbankingnews.com - April 25 at 1:52 PM
americanbankingnews.com logoRing Energy (REI) Rating Reiterated by Ladenburg Thalmann Financial Services
www.americanbankingnews.com - April 22 at 7:58 AM
americanbankingnews.com logoInsider Selling: Ring Energy (REI) CEO Sells 60,000 Shares of Stock
www.americanbankingnews.com - April 21 at 8:38 PM
americanbankingnews.com logoRing Energy (REI) Receives Daily Media Sentiment Score of 0.27
www.americanbankingnews.com - April 18 at 9:17 PM
americanbankingnews.com logoRing Energy (REI) PT Set at $19.00 by Roth Capital
www.americanbankingnews.com - April 17 at 3:11 PM
finance.yahoo.com logoRing Energy, Inc. Acquires over 33,000 Acres in Central Basin Platform
finance.yahoo.com - April 17 at 9:20 AM
americanbankingnews.com logoRing Energy (REI) Getting Somewhat Positive News Coverage, Study Shows
www.americanbankingnews.com - April 15 at 12:56 PM
americanbankingnews.com logoRing Energy (REI) Short Interest Update
www.americanbankingnews.com - April 11 at 7:10 PM
americanbankingnews.com logoRing Energy (REI) Expected to Post Quarterly Sales of $11.48 Million
www.americanbankingnews.com - April 9 at 10:05 AM
americanbankingnews.com logoZacks: Brokerages Expect Ring Energy (REI) to Announce $0.03 Earnings Per Share
www.americanbankingnews.com - April 7 at 8:43 PM
finance.yahoo.com logoRing Energy, Inc. Releases First Quarter 2017 Operations Update
finance.yahoo.com - April 7 at 12:13 PM
finance.yahoo.com logoETFs with exposure to Ring Energy, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 12:13 PM
finance.yahoo.com logoRing Energy, Inc. breached its 50 day moving average in a Bullish Manner : REI-US : April 7, 2017
finance.yahoo.com - April 7 at 12:13 PM
americanbankingnews.com logoRing Energy (REI) Stock Rating Reaffirmed by Canaccord Genuity
www.americanbankingnews.com - April 5 at 9:12 PM
americanbankingnews.com logoRing Energy (REI) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 5 at 5:49 PM
biz.yahoo.com logoRING ENERGY, INC. Files SEC form 10-K, Annual Report
us.rd.yahoo.com - March 15 at 7:45 PM
us.rd.yahoo.com logoRing Energy Announces Financial and Operational Results for Fourth Quarter and Year End 2016
us.rd.yahoo.com - March 15 at 7:45 PM
sg.finance.yahoo.com logoRing Energy reports 4Q loss
us.rd.yahoo.com - March 15 at 7:45 PM
biz.yahoo.com logoQ4 2016 Ring Energy Inc Earnings Release - After Market Close
biz.yahoo.com - March 15 at 9:05 AM
thestreet.com logoShares of REI Now Oversold
www.thestreet.com - March 10 at 8:37 AM
finance.yahoo.com logoRing Energy, Inc. Schedules Conference Call on Its 2016 Fourth Quarter and 12 Month Financial and Operating Results
finance.yahoo.com - February 23 at 7:36 PM
reuters.com logoBRIEF-Ring Energy files for mixed shelf offering of up to $500 mln - SEC filing
www.reuters.com - February 7 at 12:38 AM
thestreet.com logoThese Three Oil Stocks in Permian Basin Are Likely Undervalued
us.rd.yahoo.com - January 12 at 8:11 PM
finance.yahoo.com logoRing Energy, Inc. Releases Fourth Quarter 2016 Operations Update
finance.yahoo.com - January 9 at 8:10 PM
biz.yahoo.com logoRING ENERGY, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Regulation FD Disclosure,
biz.yahoo.com - December 20 at 7:12 PM
finance.yahoo.com logoRing Energy, Inc. Announces Completion of Public Offering of Common Stock
finance.yahoo.com - December 9 at 7:26 PM
biz.yahoo.com logoRING ENERGY, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Other Eve
biz.yahoo.com - December 9 at 7:26 PM
biz.yahoo.com logoRING ENERGY, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - December 7 at 7:24 PM
finance.yahoo.com logo8:59 am Ring Energy prices 6.525 mln common stock offering at $11.50/share
finance.yahoo.com - December 6 at 7:08 PM
finance.yahoo.com logoRing Energy, Inc. Announces Pricing of Public Offering of Common Stock
finance.yahoo.com - December 6 at 9:01 AM
reuters.com logoBRIEF-Ring energy files for potential stock shelf
www.reuters.com - December 5 at 7:23 PM
seekingalpha.com logoRing Energy to launch stock offering; size not specified
seekingalpha.com - December 5 at 7:23 PM
finance.yahoo.com logoRing Energy, Inc. Announces Common Stock Offering
finance.yahoo.com - December 5 at 7:23 PM

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Chart

Ring Energy (REI) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff