Ring Energy Stock Price, News & Analysis (NYSEAMERICAN:REI) $1.64 -0.02 (-1.20%) (As of 02:39 PM ET) Add Compare Share Share Today's Range$1.63▼$1.7450-Day Range N/A52-Week Range$1.38▼$2.80Volume1.47 million shsAverage Volume2.34 million shsMarket Capitalization$320.83 millionP/E Ratio4.56Dividend YieldN/APrice Target$4.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort Interest Ring Energy MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside143.9% Upside$4.00 Price TargetShort InterestBearish7.70% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$178,000 Bought Last QuarterProj. Earnings Growth47.27%From $0.55 to $0.81 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.95 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 143.9% from its current price of $1.64.Amount of Analyst CoverageRing Energy has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.70% 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 6.6.Change versus previous monthShort interest in Ring Energy has recently increased by 4.65%, indicating that investor sentiment is decreasing. 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 0.6 News and Social Media Coverage Search InterestOnly 8 people have searched for REI on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat Follows3 people have added Ring Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ring Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $178,000.00 in company stock and sold $0.00 in 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Ring Energy are expected to grow by 47.27% in the coming year, from $0.55 to $0.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ring Energy is 4.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Ring Energy is 4.56, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.98.Price to Book Value per Share RatioRing Energy has a P/B Ratio of 0.44. 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 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 HeadlinesNovember 16, 2023 | morningstar.comRing Energy Inc REINovember 7, 2023 | seekingalpha.comRing Energy: Undervalued Permian Play And Strong Q3November 30, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!November 5, 2023 | finance.yahoo.comRing Energy, Inc. (AMEX:REI) Q3 2023 Earnings Call TranscriptNovember 4, 2023 | finance.yahoo.comQ3 2023 Ring Energy Inc Earnings CallNovember 3, 2023 | finance.yahoo.comRing Energy Inc (REI) Reports Q3 2023 Earnings, Records 10% Increase in Adjusted EBITDANovember 3, 2023 | finanznachrichten.deRing Energy, Inc.: Ring Energy Announces Third Quarter 2023 Results and Updates Fourth Quarter 2023 GuidanceNovember 2, 2023 | finance.yahoo.comRing Energy Announces Third Quarter 2023 Results and Updates Fourth Quarter 2023 GuidanceNovember 30, 2023 | Tomorrow Investor (Ad)Why Microsoft Just Placed A Huge Bet On NuclearEven with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.November 1, 2023 | benzinga.comRing Energy's Earnings OutlookOctober 28, 2023 | finance.yahoo.com7 Penny Stocks With the Potential to Strike GoldOctober 19, 2023 | finance.yahoo.comRing Energy Announces Timing of Third Quarter 2023 Earnings Release and Conference CallOctober 18, 2023 | markets.businessinsider.comTruist Financial Sticks to Its Hold Rating for Ring Energy (REI)October 4, 2023 | msn.comRing Energy: Focusing On Free Cash FlowSeptember 14, 2023 | finance.yahoo.comDirector Anthony Petrelli Buys 50,000 Shares of Ring Energy IncAugust 17, 2023 | msn.comRing Energy: Recent Transactions Reduce Its Operating CostsAugust 16, 2023 | finanznachrichten.deRing Energy, Inc.: Ring Energy Announces the Closing of the Founders Oil & Gas Permian Basin Assets AcquisitionAugust 16, 2023 | finance.yahoo.comRing Energy Announces the Closing of the Founders Oil & Gas Permian Basin Assets AcquisitionAugust 15, 2023 | msn.comRing Energy: Getting That Corporate Breakeven DownAugust 13, 2023 | finance.yahoo.com12 Best Quality Penny Stocks to BuyAugust 11, 2023 | finance.yahoo.comRing Energy Announces Participation in Upcoming Energy Investor ConferencesAugust 8, 2023 | markets.businessinsider.comRing Energy (REI) Receives a Rating Update from a Top AnalystAugust 5, 2023 | finance.yahoo.comQ2 2023 Ring Energy Inc Earnings CallAugust 3, 2023 | finance.yahoo.comRing Energy (REI) Beats Q2 Earnings EstimatesAugust 3, 2023 | finance.yahoo.comRing Energy Announces Second Quarter 2023 Results and Reiterates Quarterly Guidance for Second Half 2023August 1, 2023 | finance.yahoo.comMagnolia Oil & Gas Corp (MGY) Beats Q2 Earnings EstimatesJuly 31, 2023 | insidermonkey.com5 Best Growth Stocks for the Next 10 YearsSee 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 Earnings11/02/2023Today11/30/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy 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+141.0%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$0.36 Trailing P/E Ratio4.61 Forward P/E Ratio3.02 P/E GrowthN/ANet Income$138.63 million Net Margins18.97% Pretax Margin17.53% Return on Equity13.15% Return on Assets7.17% Debt Debt-to-Equity Ratio0.58 Current Ratio0.39 Quick Ratio0.35 Sales & Book Value Annual Sales$347.25 million Price / Sales0.94 Cash Flow$0.91 per share Price / Cash Flow1.83 Book Value$3.75 per share Price / Book0.44Miscellaneous Outstanding Shares195,630,000Free Float192,891,000Market Cap$324.75 million OptionableNot Optionable Beta1.94 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Paul D. McKinney (Age 64)CEO & Chairman of the Board Comp: $1.35MMr. Travis T. Thomas (Age 45)Executive VP, CFO, Corporate Secretary & Treasurer Comp: $668.5kMr. Marinos Christos Baghdati (Age 46)Executive Vice President of Operations Comp: $668.5kMr. Stephen Donald Brooks (Age 67)Executive Vice President of Land, Legal, Human Resources & Marketing Comp: $668.5kMr. Alexander Dyes (Age 38)Executive Vice President of Engineering & Corporate Strategy Comp: $665.96kMs. Hollie Lamb (Age 47)VP of Compliance & GM of the Midland - Texas Office Al PetrieOfficer of Investor RelationsMore ExecutivesKey CompetitorsTellurianNYSEAMERICAN:TELLGenel EnergyOTCMKTS:GEGYYGoodrich PetroleumNYSEAMERICAN:GDPAmplify EnergyNYSE:AMPYNostrum Oil & GasOTCMKTS:NSTRYView All CompetitorsInsiders & InstitutionsDeutsche Bank AGSold 117,794 shares on 11/24/2023Ownership: 0.009%Graham Capital Management L.P.Sold 15,064 shares on 11/22/2023Ownership: 0.112%Walleye Trading LLCSold 87,900 shares on 11/21/2023Ownership: 0.000%Wolverine Trading LLCSold 34,000 shares on 11/16/2023Ownership: 0.000%GTS Securities LLCBought 37,700 shares on 11/16/2023Ownership: 0.000%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 stock. Their REI share price targets range from $4.00 to $4.00. On average, they expect the company's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 143.9% 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 2023? Ring Energy's stock was trading at $2.36 at the beginning of the year. Since then, REI shares have decreased by 30.5% and is now trading at $1.64. View the best growth stocks for 2023 here. How were Ring Energy's earnings last quarter? Ring Energy, Inc. (NYSEAMERICAN:REI) posted its earnings results on Thursday, November, 2nd. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by $0.01. The business earned $93.68 million during the quarter, compared to the consensus estimate of $90.20 million. Ring Energy had a net margin of 18.97% and a trailing twelve-month return on equity of 13.15%. 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 many different institutional and retail investors. Top institutional investors include Ameriprise Financial Inc. (1.87%), AQR Capital Management LLC (1.81%), Brandywine Global Investment Management LLC (0.86%), Northern Trust Corp (0.49%), UBS Group AG (0.41%) and Bank of New York Mellon Corp (0.40%). Insiders that own company stock include Anthony Benedict Petrelli, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSEAMERICAN:REI) was last updated on 11/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ring Energy, Inc. 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