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: $643.58 million
  • Outstanding Shares: 49,166,000
Average Prices:
  • 50 Day Moving Avg: $12.61
  • 200 Day Moving Avg: $12.36
  • 52 Week Range: $7.48 - $14.14
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 26.71
  • P/E Growth: 1.94
Sales & Book Value:
  • Annual Revenue: $35.21 million
  • Price / Sales: 18.28
  • Book Value: $5.99 per share
  • Price / Book: 2.19
Profitability:
  • EBIDTA: $16.48 million
Misc:
  • Average Volume: 496,111 shs.
  • Short Ratio: 10.28
 
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) posted its quarterly earnings data on Tuesday, May, 9th. The company reported $0.03 EPS for the quarter, meeting the Zacks' consensus estimate of $0.03. The company had revenue of $12.24 million for the quarter, compared to analyst estimates 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 12 month target prices for Ring Energy's shares. Their forecasts range from $13.50 to $24.00. On average, they expect Ring Energy's share price to reach $17.75 in the next twelve months. 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. 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. " (7/12/2017)
  • 2. 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)

Are investors shorting Ring Energy?

Ring Energy saw a decline in short interest during the month of July. As of July 14th, there was short interest totalling 5,694,684 shares, a decline of 1.6% from the June 30th total of 5,788,516 shares. Based on an average daily trading volume, of 372,736 shares, the short-interest ratio is currently 15.3 days. Currently, 13.4% of the company's stock are short sold.

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 investors include Pembroke Management LTD (1.84%), Vaughan Nelson Investment Management L.P. (0.78%), Fisher Asset Management LLC (0.37%), Dalton Greiner Hartman Maher & Co. (0.34%), Russell Investments Group Ltd. (0.34%) and ICM Asset Management Inc. WA (0.11%). 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 Dalton Greiner Hartman Maher & Co. and ICM Asset Management Inc. WA. View Insider Buying and Selling for Ring Energy.

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 Pembroke Management LTD, Vaughan Nelson Investment Management L.P., Fisher Asset Management LLC, Russell Investments Group Ltd., Public Employees Retirement Association of Colorado and Lyell Wealth Management LP. 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.

What is Ring Energy's stock price today?

One share of Ring Energy stock can currently be purchased for approximately $13.09.


MarketBeat Community Rating for Ring Energy (NYSE REI)
Community Ranking:  3.8 out of 5 (  )
Outperform Votes:  184 (Vote Outperform)
Underperform Votes:  57 (Vote Underperform)
Total Votes:  241
MarketBeat's community ratings are surveys of what our community members think about Ring Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ring Energy (NYSE:REI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $17.75 (35.60% 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
(Data available from 7/28/2015 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: $0.18 EPS
Next Year EPS Consensus Estimate: $0.49 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 logoRing Energy, Inc. breached its 50 day moving average in a Bullish Manner : REI-US : July 26, 2017
finance.yahoo.com - July 27 at 6:47 AM
americanbankingnews.com logoRing Energy (REI) Short Interest Update
www.americanbankingnews.com - July 26 at 7:02 AM
finance.yahoo.com logoETFs with exposure to Ring Energy, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 10:58 PM
finance.yahoo.com logoRing Energy, Inc. Schedules Conference Call on Its 2017 Second Quarter and Six Month Financial and Operating Results
finance.yahoo.com - July 24 at 5:55 PM
americanbankingnews.com logoRing Energy (REI) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 18 at 10:38 PM
finance.yahoo.com logoETFs with exposure to Ring Energy, Inc. : July 14, 2017
finance.yahoo.com - July 15 at 7:56 AM
americanbankingnews.com logoZacks: Analysts Anticipate Ring Energy (REI) Will Post Quarterly Sales of $14.84 Million
www.americanbankingnews.com - July 14 at 4:24 PM
finance.yahoo.com logoRing Energy, Inc. breached its 50 day moving average in a Bearish Manner : REI-US : July 13, 2017
finance.yahoo.com - July 14 at 7:50 AM
finance.yahoo.com logoRing Energy, Inc. Releases Second Quarter 2017 Operations Update
finance.yahoo.com - July 13 at 8:38 AM
americanbankingnews.com logoRing Energy (REI) Short Interest Up 12.5% in June
www.americanbankingnews.com - July 12 at 6:26 PM
americanbankingnews.com logo Analysts Expect Ring Energy (REI) Will Announce Earnings of $0.04 Per Share
www.americanbankingnews.com - July 12 at 7:34 AM
finance.yahoo.com logoRing Energy, Inc. – Value Analysis (NYSE MKT:REI) : June 30, 2017
finance.yahoo.com - July 1 at 6:56 AM
finance.yahoo.com logoRing Energy, Inc. breached its 50 day moving average in a Bullish Manner : REI-US : June 29, 2017
finance.yahoo.com - June 30 at 6:05 AM
americanbankingnews.com logoRing Energy (REI) Short Interest Down 1.1% in June
www.americanbankingnews.com - June 27 at 7:13 AM
americanbankingnews.com logoRing Energy (REI) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 23 at 8:46 PM
americanbankingnews.com logoRing Energy (REI) Expected to Announce Quarterly Sales of $15.37 Million
www.americanbankingnews.com - June 18 at 10:02 AM
finance.yahoo.com logoRing Energy, Inc. breached its 50 day moving average in a Bearish Manner : REI-US : June 15, 2017
finance.yahoo.com - June 16 at 9:16 AM
finance.yahoo.com logoETFs with exposure to Ring Energy, Inc. : June 6, 2017
finance.yahoo.com - June 6 at 8:57 PM
americanbankingnews.com logoRing Energy (REI) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - May 29 at 9:04 PM
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) 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

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Chart

Ring Energy (REI) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by MarketBeat.com Staff