NYSEAMERICAN:REI Ring Energy (REI) Stock Price, News & Analysis → Did you make $29,000 two days with AI options trades? (From Prosper Trading Academy) (Ad) Free REI Stock Alerts $1.86 -0.01 (-0.53%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$1.78▼$1.9050-Day Range N/A52-Week Range$1.25▼$2.43Volume3.23 million shsAverage Volume1.92 million shsMarket Capitalization$368.15 millionP/E Ratio3.44Dividend YieldN/APrice Target$4.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort Interest Get Ring Energy alerts: Email Address Ring Energy MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside115.1% Upside$4.00 Price TargetShort InterestHealthy6.66% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.07Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth13.21%From $0.53 to $0.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.42 out of 5 stars 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $4.00, Ring Energy has a forecasted upside of 115.1% from its current price of $1.86.Amount of Analyst CoverageRing Energy has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.66% of the outstanding shares of Ring Energy have been sold short.Short Interest Ratio / Days to CoverRing Energy has a short interest ratio ("days to cover") of 6.9.Change versus previous monthShort interest in Ring Energy has recently decreased by 5.52%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldRing Energy does not currently pay a dividend.Dividend GrowthRing Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for REI. Previous Next 2.8 News and Social Media Coverage News SentimentRing Energy has a news sentiment score of 0.07. 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 0.55 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Ring Energy this week, compared to 2 articles on an average week.Search Interest32 people have searched for REI on MarketBeat in the last 30 days. This is an increase of 220% compared to the previous 30 days.MarketBeat Follows5 people have added Ring Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ring Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of Ring Energy is held by insiders.Percentage Held by Institutions46.98% of the stock of Ring Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ring Energy are expected to grow by 13.21% in the coming year, from $0.53 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ring Energy is 3.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 156.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Ring Energy is 3.44, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.59.Price to Book Value per Share RatioRing Energy has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Bull ReportThe AI Bottleneck No One is Talking AboutRenewable energy is growing at an impressive speed - but not fast enough. This could be one of the greatest periods for the nuclear industry ever.Click here to see who's preparing to meet these needs About Ring Energy Stock (NYSEAMERICAN:REI)Ring Energy, Inc., an independent exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. It had interests in 54,959 net developed acres and 2,337 net undeveloped acres in Andrews, Gaines, Crane, Winkler, and Ward counties, Texas; and 13,930 net developed acres and 12,512 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. 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.Read More REI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart REI Stock News HeadlinesMarch 18, 2024 | investorplace.com3 Oil & Gas Penny Stocks That Could Gush 100% Gains by 2025March 18, 2024 | markets.businessinsider.com4 Overlooked Stocks to Buy to Turn $100,000 Into $1 MillionMarch 19, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… March 15, 2024 | msn.comFBI sent several informants to Standing Rock protests, court documents showMarch 14, 2024 | investorplace.com3 Oil Stocks to Buy Before Rate Cuts Trigger a Big RallyMarch 13, 2024 | investorplace.comThe 3 Most Undervalued Stocks to Buy for Under $5 in March 2024March 13, 2024 | americanbankingnews.comRing Energy Sees Unusually Large Options Volume (NYSEAMERICAN:REI)March 12, 2024 | globenewswire.comRing Energy Announces Participation in 36th Annual Roth ConferenceMarch 19, 2024 | Colonial Metals (Ad)Central Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.March 10, 2024 | finance.yahoo.comRing Energy, Inc. (AMEX:REI) Q4 2023 Earnings Call TranscriptMarch 9, 2024 | finanznachrichten.deRing Energy, Inc.: Ring Energy Announces Record Fourth Quarter and Full Year 2023 Results, Year-End 2023 Proved Reserves and Additional 2024 GuidanceMarch 9, 2024 | finance.yahoo.comQ4 2023 Ring Energy Inc Earnings CallMarch 8, 2024 | finance.yahoo.comRing Energy Inc (REI) Posts Record Q4 and Full-Year 2023 ResultsMarch 8, 2024 | investorplace.comFrom Zero to Hero: 7 Penny Stocks Set for a Decade of DominanceMarch 7, 2024 | msn.comREI Stock Earnings: Ring Energy Misses EPS, Beats Revenue for Q4 2023March 7, 2024 | sfgate.comRing Energy: Q4 Earnings SnapshotMarch 7, 2024 | globenewswire.comRing Energy Announces Record Fourth Quarter and Full Year 2023 Results, Year-End 2023 Proved Reserves and Additional 2024 GuidanceMarch 6, 2024 | msn.comRing Energy Q4 2023 Earnings PreviewMarch 6, 2024 | investorplace.com3 Unpopular Penny Stocks That Could Prove Naysayers WrongMarch 6, 2024 | benzinga.comEarnings Preview For Ring EnergyFebruary 27, 2024 | globenewswire.comRing Energy Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference CallFebruary 24, 2024 | yahoo.com8 Engagement Ring Trends, From Lab-Grown Diamonds to Bold BezelsFebruary 21, 2024 | yahoo.comI’ve worn a smart ring for years. You need to know these things before buying oneFebruary 21, 2024 | yahoo.comWhat Is the Real Meaning Behind 'Ring Around the Rosie'?February 19, 2024 | edition.cnn.comShop the best appliance and electronics deals during Best Buy’s 2024 Presidents Day saleFebruary 15, 2024 | investorplace.com7 Small-Cap Stocks With Significant Upside Potential in 2024February 9, 2024 | benzinga.comWARBURG PINCUS ENERGY (E&P) PARTNERS-B STRONGHOLD, LLC's Net WorthSee 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. Email Address Company Calendar Last Earnings3/07/2024Today3/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSEAMERICAN:REI CUSIPN/A CIK1384195 Webwww.ringenergy.com Phone(281) 397-3699FaxN/AEmployees98Year FoundedN/APrice Target and Rating Average Stock Price Target$4.00 High Stock Price Target$4.00 Low Stock Price Target$4.00 Potential Upside/Downside+115.1%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$0.54 Trailing P/E Ratio3.44 Forward P/E Ratio3.51 P/E GrowthN/ANet Income$104.86 million Net Margins29.04% Pretax Margin29.08% Return on Equity12.48% Return on Assets6.96% Debt Debt-to-Equity Ratio0.54 Current Ratio0.49 Quick Ratio0.44 Sales & Book Value Annual Sales$361.06 million Price / Sales1.02 Cash Flow$0.99 per share Price / Cash Flow1.87 Book Value$4.02 per share Price / Book0.46Miscellaneous Outstanding Shares197,930,000Free Float195,163,000Market Cap$368.15 million OptionableNot Optionable Beta1.72 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Paul D. McKinney (Age 65)CEO & Chairman of the Board Comp: $1.35MMr. Travis T. Thomas (Age 46)Executive VP, CFO, Corporate Secretary & Treasurer Comp: $668.5kMr. Marinos Christos Baghdati (Age 47)Executive Vice President of Operations Comp: $668.5kMr. Stephen Donald Brooks (Age 68)Executive Vice President of Land, Legal, Human Resources & Marketing Comp: $668.5kMr. Alexander Dyes (Age 39)Executive Vice President of Engineering & Corporate Strategy Comp: $665.96kMs. Hollie Lamb (Age 48)VP of Compliance & GM of the Midland - Texas Office Al PetrieOfficer of Investor RelationsMore ExecutivesKey CompetitorsGenel EnergyOTCMKTS:GEGYYGoodrich PetroleumNYSEAMERICAN:GDPW&T OffshoreNYSE:WTINostrum Oil & GasOTCMKTS:NSTRYVAALCO EnergyNYSE:EGYView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 50,690 shares on 3/11/2024Ownership: 2.024%Goldman Sachs Group Inc.Sold 35,174 shares on 3/1/2024Ownership: 0.119%Virtu Financial LLCBought 70,210 shares on 2/26/2024Ownership: 0.036%GSA Capital Partners LLPSold 91,383 shares on 2/16/2024Ownership: 0.144%Price T Rowe Associates Inc. MDBought 60,024 shares on 2/16/2024Ownership: 0.063%View All Insider TransactionsView All Institutional Transactions REI Stock Analysis - Frequently Asked Questions What is Ring Energy's stock price target for 2024? 0 brokers have issued 12-month target prices for Ring Energy's shares. Their REI share price targets range from $4.00 to $4.00. On average, they anticipate the company's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 115.1% from the stock's current price. View analysts price targets for REI or view top-rated stocks among Wall Street analysts. How have REI shares performed in 2024? Ring Energy's stock was trading at $1.39 at the start of the year. Since then, REI stock has increased by 33.8% and is now trading at $1.86. View the best growth stocks for 2024 here. How were Ring Energy's earnings last quarter? Ring Energy, Inc. (NYSEAMERICAN:REI) announced its quarterly earnings results on Thursday, March, 7th. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.14 by $0.04. The firm had revenue of $99.94 million for 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 413,552 shares of REI stock, representing 0.16% 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 retail and institutional investors. Top institutional investors include Warburg Pincus LLC (23.58%), Vanguard Group Inc. (2.05%), Vanguard Group Inc. (2.02%), Bridgeway Capital Management LLC (0.68%), Northern Trust Corp (0.47%) and UBS Group AG (0.45%). 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. 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