Ring Energy (REI) Stock Price, News & Analysis

Company Overview

Ring Energy, Inc. is an independent oil and natural gas exploration and production company focused on the development, acquisition and operation of upstream assets in the United States. Headquartered in Odessa, Texas, the company concentrates its activities on onshore hydrocarbon plays, where it seeks to optimize production through technical innovation, cost management and disciplined capital allocation. Ring Energy trades on the NYSE American under the ticker symbol REI.

The company’s core operations are centered in the Permian Basin, one of North America’s most prolific oil-producing regions. Ring Energy holds working interests in both conventional and unconventional reservoirs and employs a combination of horizontal drilling, hydraulic fracturing and enhanced recovery methods to maximize resource recovery. Its acreage position spans multiple formations, allowing for a diversified portfolio of development opportunities and production profiles.

Ring Energy’s leadership team brings extensive industry experience in reservoir engineering, drilling and financial management. Cary Bounds serves as President and Chief Executive Officer, overseeing the company’s strategic direction and operational execution. Under his guidance, Ring Energy has pursued targeted acquisitions to bolster its reserve base and leveraged technical expertise to improve well performance and reduce operating costs.

Since its initial public listing in 2015, Ring Energy has maintained a focus on steady, sustainable growth while adapting to evolving market conditions. The company’s strategic priorities include enhancing production efficiency, extending the economic life of its assets and exploring complementary acquisition opportunities in the Permian Basin and adjacent U.S. onshore plays.

Key Stats

• Today's Range: $1.11 to $1.17
• 50-Day Range: $0.73 to $1.14
• 52-Week Range: $0.72 to $1.78
• Volume: 3.20 million shs
• Average Volume: 2.81 million shs
• Market Capitalization: $233.39 million
• P/E Ratio: 3.23
• Dividend Yield: N/A
• Price Target: $2.50
• Consensus Rating: Moderate Buy

Ring Energy Stock Analysis - MarketRank™

Ring Energy scored higher than 85% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ring Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Upside Potential

Ring Energy has a consensus price target of $2.50, representing about 122.2% upside from its current price of $1.13.

Amount of Analyst Coverage

Ring Energy has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 33.33%

Earnings Growth

Earnings for Ring Energy are expected to grow by 33.33% in the coming year, from $0.33 to $0.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ring Energy is 3.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 234.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ring Energy is 3.21, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 76.53.

Price to Book Value per Share Ratio

Ring Energy has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.78% of the outstanding shares of Ring Energy have been sold short.

Short Interest Ratio / Days to Cover

Ring Energy has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ring Energy has recently increased by 3.24%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ring Energy does not currently pay a dividend.

Dividend Growth

Ring Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.78% of the outstanding shares of Ring Energy have been sold short.

Short Interest Ratio / Days to Cover

Ring Energy has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ring Energy has recently increased by 3.24%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.55

News Sentiment

Ring Energy has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Ring Energy this week, compared to 3 articles on an average week.

Search Interest

11 people have searched for REI on MarketBeat in the last 30 days. This is an increase of 450% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Ring Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Ring Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $65,799.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 3.00% of the stock of Ring Energy is held by insiders.

Percentage Held by Institutions

77.14% of the stock of Ring Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

REI Stock Analysis - Frequently Asked Questions

How have REI shares performed this year?

Ring Energy's stock was trading at $1.40 at the beginning of the year. Since then, REI shares have decreased by 19.6% and is now trading at $1.1250.

How were Ring Energy's earnings last quarter?

Ring Energy, Inc. (NYSEAMERICAN:REI) issued its earnings results on Wednesday, November, 6th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.02. The company earned $89.24 million during the quarter, compared to the consensus estimate of $83.27 million. Ring Energy had a trailing twelve-month return on equity of 6.26% and a net margin of 20.72%.
Read the conference call transcript.

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.

What other stocks do shareholders of Ring Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ring Energy investors own include Cenovus Energy (CVE), Crescent Point Energy (CPG), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), NVIDIA (NVDA) and Netflix (NFLX).

Company Calendar

• Last Earnings: 11/06/2024
• Record date for 7/8 Dividend: 6/30/2025
• Dividend Payable: 7/08/2025
• Today: 10/06/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Energy
• Industry: OIL - US EXP&PROD
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSEAMERICAN:REI
• CIK: 1384195
• Web: www.ringenergy.com
• Phone: (281) 397-3699
• Fax: N/A
• Employees: 50
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ring Energy: $2.50
• High Price Target: $2.50
• Low Price Target: $2.50
• Potential Upside/Downside: +127.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.57
• Trailing P/E Ratio: 3.14
• Forward P/E Ratio: 3.33
• P/E Growth: N/A
• Net Income: $67.47 million
• Net Margins: 20.72%
• Pretax Margin: 27.01%
• Return on Equity: 6.26%
• Return on Assets: 3.74%

Debt

• Debt-to-Equity Ratio: 0.50
• Current Ratio: 0.63
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $366.33 million
• Price / Sales: 0.62
• Cash Flow: $0.85 per share
• Price / Cash Flow: 1.29
• Book Value: $4.33 per share
• Price / Book: 0.25

Miscellaneous

• Outstanding Shares: 206,540,000
• Free Float: 200,349,000
• Market Cap: $227.19 million
• Optionable: Not Optionable
• Beta: 1.02