Ring Energy Company Profile (NYSE:REI)

About Ring Energy

Ring Energy logo

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: REI
  • CUSIP:
Key Metrics:
  • Previous Close: $12.21
  • 50 Day Moving Average: $13.08
  • 200 Day Moving Average: $11.57
  • 52-Week Range: $4.00 - $14.10
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 46.96
  • P/E Growth: -16.46
  • Market Cap: $511.81M
  • Outstanding Shares: 41,917,000
Additional Links:

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: $14.67 (20.12% upside)

Analysts' Ratings History for Ring Energy (NYSE:REI)
Show:
DateFirmActionRatingPrice TargetDetails
1/12/2017Canaccord GenuityReiterated RatingBuy$18.00View Rating Details
12/16/2016StephensInitiated CoverageOverweightView Rating Details
9/27/2016Imperial CapitalInitiated CoverageOutperform$13.50View Rating Details
8/29/2016Robert W. BairdReiterated RatingNeutral$24.00View Rating Details
8/29/2016Rodman & RenshawInitiated CoverageBuy$15.00View Rating Details
7/12/2016Roth CapitalReiterated RatingBuyView Rating Details
5/12/2016WunderlichBoost Price TargetBuy$8.00 -> $9.00View Rating Details
2/3/2016GMP SecuritiesReiterated RatingHold$7.00View Rating Details
1/6/2016FBR & CoDowngradeOutperform -> Market Perform$9.00 -> $13.00View Rating Details
7/28/2015Northland SecuritiesLower Price TargetOutperform$14.00 -> $12.00View Rating Details
7/22/2015Seaport Global SecuritiesReiterated RatingBuy$15.00 -> $13.00View Rating Details
6/30/2015Pacific CrestReiterated RatingBuy$14.00 -> $15.00View Rating Details
6/30/2015Eurobank EFGReiterated RatingBuy$14.00 -> $15.00View Rating Details
6/30/2015SunTrust Banks, Inc.Reiterated RatingBuy$16.00 -> $17.00View Rating Details
5/7/2015MLV & Co.Set Price TargetBuy$15.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Ring Energy (NYSE:REI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/13/2017        
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
11/7/2014$0.12$0.06ViewN/AView Earnings Details
8/11/2014$0.09$0.11ViewN/AView Earnings Details
5/8/2014$0.06$0.05ViewN/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: $-0.02 EPS
Next Year EPS Consensus Estimate: $0.26 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 History for Ring Energy (NYSE:REI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Ring Energy (NYSE:REI)
DateHeadline
finance.yahoo.com logoRing Energy, Inc. Schedules Conference Call on Its 2016 Fourth Quarter and 12 Month Financial and Operating Results (NYSE:REI)
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 (NYSE:REI)
www.reuters.com - February 7 at 12:38 AM
thestreet.com logoThese Three Oil Stocks in Permian Basin Are Likely Undervalued (NYSE:REI)
us.rd.yahoo.com - January 12 at 8:11 PM
News IconRing Touts Results of First Horizontal Wells in Permian’s Central Basin Platform (NYSE:REI)
www.naturalgasintel.com - January 10 at 9:23 PM
finance.yahoo.com logoRing Energy, Inc. Releases Fourth Quarter 2016 Operations Update (NYSE:REI)
finance.yahoo.com - January 9 at 8:10 PM
4-traders.com logoRING ENERGY, INC. : Submission of Matters to a Vote of Security Holders, Regulation FD Disclosure, Other Events (form 8-K) (NYSE:REI)
www.4-traders.com - December 20 at 7:12 PM
biz.yahoo.com logoRING ENERGY, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Regulation FD Disclosure, (NYSE:REI)
biz.yahoo.com - December 20 at 7:12 PM
marketexclusive.com logoAnalyst Activity – Stephens Initiates Coverage On Ring Energy (NYSE:REI) With a Overweight (NYSE:REI)
marketexclusive.com - December 17 at 2:19 AM
marketexclusive.com logoRing Energy, Inc. (NYSEMKT:REI) Files An 8-K Entry into a Material Definitive Agreement (NYSE:REI)
marketexclusive.com - December 13 at 12:37 AM
finance.yahoo.com logoRing Energy, Inc. Announces Completion of Public Offering of Common Stock (NYSE:REI)
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 (NYSE:REI)
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 (NYSE:REI)
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 (NYSE:REI)
finance.yahoo.com - December 6 at 7:08 PM
finance.yahoo.com logoRing Energy, Inc. Announces Pricing of Public Offering of Common Stock (NYSE:REI)
finance.yahoo.com - December 6 at 9:01 AM
reuters.com logoBRIEF-Ring energy files for potential stock shelf (NYSE:REI)
www.reuters.com - December 5 at 7:23 PM
seekingalpha.com logoRing Energy to launch stock offering; size not specified (NYSE:REI)
seekingalpha.com - December 5 at 7:23 PM
finance.yahoo.com logoRing Energy, Inc. Announces Common Stock Offering (NYSE:REI)
finance.yahoo.com - December 5 at 7:23 PM
reuters.com logoBRIEF-Ring Energy Inc sees preliminary capital expenditure budget for 2017 (NYSE:REI)
www.reuters.com - December 3 at 10:27 AM
us.rd.yahoo.com logoRing Energy, Inc. Releases Update on Three Well Horizontal Drilling Program (NYSE:REI)
us.rd.yahoo.com - December 1 at 7:23 PM
us.rd.yahoo.com logo9:02 am Ring Energy releases update on its three well horizontal San Andres program on its Central Basin Platform asset; also announce prelim capex budget for 22017 of approx. $70 mln (NYSE:REI)
us.rd.yahoo.com - December 1 at 7:23 PM
publicnow.com logoReinet Investments S.C.A. Interim Report at 30 September 2016 available on reinet.com (NYSE:REI)
www.publicnow.com - November 30 at 12:33 PM
capitalcube.com logoETFs with exposure to Ring Energy, Inc. : November 23, 2016 (NYSE:REI)
www.capitalcube.com - November 23 at 7:24 PM
capitalcube.com logoRing Energy, Inc. :REI-US: Earnings Analysis: Q3, 2016 By the Numbers : November 22, 2016 (NYSE:REI)
www.capitalcube.com - November 22 at 11:43 AM
publicnow.com logoConsolidated unaudited financial results for the six-month period ended 30 September 2016 (NYSE:REI)
www.publicnow.com - November 15 at 10:48 AM
capitalcube.com logoETF’s with exposure to Ring Energy, Inc. : November 11, 2016 (NYSE:REI)
www.capitalcube.com - November 11 at 6:53 PM
capitalcube.com logoRing Energy, Inc. breached its 50 day moving average in a Bullish Manner : REI-US : November 10, 2016 (NYSE:REI)
www.capitalcube.com - November 10 at 10:20 AM
seekingalpha.com logoRing Energy's (REI) CEO Kelly Hoffman on Q3 2016 Results - Earnings Call Transcript (NYSE:REI)
seekingalpha.com - November 9 at 7:06 PM
businesswire.com logoRing Energy Inc. Announces Third Quarter and Nine Month 2016 Financial and Operating Results (NYSE:REI)
www.businesswire.com - November 8 at 6:54 PM
reuters.com logoBRIEF-Ring Energy reports Q3 earnings per share of (NYSE:REI)
www.reuters.com - November 8 at 6:54 PM
seekingalpha.com logoRing Energy beats by $0.02, misses on revenue (NYSE:REI)
seekingalpha.com - November 8 at 6:54 PM
finance.yahoo.com logoRing Energy reports 3Q loss (NYSE:REI)
finance.yahoo.com - November 8 at 6:54 PM
biz.yahoo.com logoQ3 2016 Ring Energy Inc Earnings Release - After Market Close (NYSE:REI)
biz.yahoo.com - November 8 at 10:41 AM
oilvoice.com logoRing Energy provides update on third quarter 2016 operations (NYSE:REI)
www.oilvoice.com - November 2 at 7:24 PM
finance.yahoo.com logoRing Energy, Inc. Schedules Conference Call on Its 2016 Third Quarter and Nine Month Financial and Operating Results (NYSE:REI)
finance.yahoo.com - November 2 at 7:24 PM
businesswire.com logoRing Energy, Inc. Releases Third Quarter 2016 Operations Update (NYSE:REI)
www.businesswire.com - November 2 at 10:38 AM
capitalcube.com logoRing Energy, Inc. breached its 50 day moving average in a Bearish Manner : REI-US : October 27, 2016 (NYSE:REI)
www.capitalcube.com - October 27 at 12:00 PM
publicnow.com logoNet Asset Value of Reinet Fund S.C.A., F.I.S. as at 30 September 2016 (NYSE:REI)
www.publicnow.com - October 21 at 7:02 PM
capitalcube.com logoETF’s with exposure to Ring Energy, Inc. : October 18, 2016 (NYSE:REI)
www.capitalcube.com - October 18 at 12:19 PM
News IconCommit To Buy Ring Energy At $10, Earn 16.5% Annualized Using Options (NYSE:REI)
www.stockoptionschannel.com - October 13 at 7:10 PM
streetinsider.com logoImperial Capital Starts Ring Energy, Inc. (REI) at Outperform (NYSE:REI)
www.streetinsider.com - September 27 at 6:54 PM
seekingalpha.com logoRing Energy started at Outperform at Imperial Capital (NYSE:REI)
seekingalpha.com - September 27 at 6:54 PM
finance.yahoo.com logoRing Energy To Return To Rapid Growth, Says Imperial Capital (NYSE:REI)
finance.yahoo.com - September 27 at 6:54 PM
4-traders.com logoRing Energy : Releases Preliminary Update on Three Well Horizontal Drilling Program (NYSE:REI)
www.4-traders.com - September 23 at 6:32 PM
oilvoice.com logoRing Energy provides update on three-well drilling program (NYSE:REI)
www.oilvoice.com - September 23 at 6:32 PM
businesswire.com logoRing Energy Inc. Releases Preliminary Update on Three Well Horizontal Drilling Program (NYSE:REI)
www.businesswire.com - September 23 at 6:32 PM
capitalcube.com logoETF’s with exposure to Ring Energy, Inc. : September 12, 2016 (NYSE:REI)
www.capitalcube.com - September 12 at 6:40 PM
capitalcube.com logoETF’s with exposure to Ring Energy, Inc. : September 1, 2016 (NYSE:REI)
www.capitalcube.com - September 1 at 10:10 AM
publicnow.com logoReinet Annual General Meeting of shareholders approves full agenda (NYSE:REI)
www.publicnow.com - August 30 at 10:21 AM
benzinga.com logoRing Energy's Business Model Well-Suited For This Oil Price Environment, Says Rodman & Renshaw (NYSE:REI)
www.benzinga.com - August 29 at 11:36 AM
capitalcube.com logoRing Energy, Inc. :REI-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NYSE:REI)
www.capitalcube.com - August 12 at 7:13 PM

Social

What is Ring Energy's stock symbol?

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

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

7 brokers have issued 1-year price targets for Ring Energy's stock. Their forecasts range from $8.50 to $24.00. On average, they expect Ring Energy's stock price to reach $14.67 in the next year.

When will Ring Energy announce their earnings?

Ring Energy is scheduled to release their next quarterly earnings announcement on Monday, March, 13th 2017.

Who owns Ring Energy stock?

Ring Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include MSD Partners L.P. (6.17%), FMR LLC (5.01%), Thompson Siegel & Walmsley LLC (2.94%), Hodges Capital Management Inc. (2.86%), State Street Corp (1.43%) and Cortina Asset Management LLC (1.36%). Company insiders that own Ring Energy stock include David A Fowler and Kelly W Hoffman.

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 GLG Partners LP and Allianz Asset Management AG.

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

Ring Energy's stock was acquired by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Thompson Siegel & Walmsley LLC, FMR LLC, Putnam Investments LLC, Russell Investments Group Ltd., Dimensional Fund Advisors LP, State Street Corp and Tudor Investment Corp Et Al.

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 $12.21.

Ring Energy (NYSE:REI) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Ring Energy (NYSE:REI)

Earnings History Chart

Earnings by Quarter for Ring Energy (NYSE:REI)

Dividend History Chart

Dividend Payments by Quarter for Ring Energy (NYSE:REI)

Last Updated on 2/26/2017 by MarketBeat.com Staff