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PYPL   58.32 (+3.42%)
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Ring Energy Stock Price, News & Analysis (NYSEAMERICAN:REI)

$1.65
-0.02 (-1.20%)
(As of 01:32 PM ET)
Compare
Today's Range
$1.62
$1.67
50-Day Range
N/A
52-Week Range
$1.38
$2.80
Volume
643,431 shs
Average Volume
2.34 million shs
Market Capitalization
$322.79 million
P/E Ratio
4.58
Dividend Yield
N/A
Price Target
$4.00

Ring Energy MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
144.6% Upside
$4.00 Price Target
Short Interest
Healthy
7.36% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$178,000 Bought Last Quarter
Proj. Earnings Growth
47.27%
From $0.55 to $0.81 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars


REI stock logo

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.

REI Stock Price History

REI Stock News Headlines

Ring Energy Inc REI
Ring Energy: Undervalued Permian Play And Strong Q3
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Q3 2023 Ring Energy Inc Earnings Call
Secure your stake in the Smart Home industry.
Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.
Ring Energy's Earnings Outlook
7 Penny Stocks With the Potential to Strike Gold
Truist Financial Sticks to Its Hold Rating for Ring Energy (REI)
Ring Energy: Focusing On Free Cash Flow
12 Best Quality Penny Stocks to Buy
Ring Energy (REI) Receives a Rating Update from a Top Analyst
Q2 2023 Ring Energy Inc Earnings Call
Ring Energy (REI) Beats Q2 Earnings Estimates
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See More Headlines
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Company Calendar

Last Earnings
11/02/2023
Today
11/28/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:REI
Fax
N/A
Employees
98
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.00
High Stock Price Target
$4.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+144.6%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$138.63 million
Pretax Margin
17.53%

Debt

Sales & Book Value

Annual Sales
$347.25 million
Cash Flow
$0.86 per share
Book Value
$3.79 per share

Miscellaneous

Free Float
192,891,000
Market Cap
$319.86 million
Optionable
Not Optionable
Beta
1.94
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Key Executives

  • Mr. Paul D. McKinney (Age 64)
    CEO & Chairman of the Board
    Comp: $1.35M
  • Mr. Travis T. Thomas (Age 45)
    Executive VP, CFO, Corporate Secretary & Treasurer
    Comp: $668.5k
  • Mr. Marinos Christos Baghdati (Age 46)
    Executive Vice President of Operations
    Comp: $668.5k
  • Mr. Stephen Donald Brooks (Age 67)
    Executive Vice President of Land, Legal, Human Resources & Marketing
    Comp: $668.5k
  • Mr. Alexander Dyes (Age 38)
    Executive Vice President of Engineering & Corporate Strategy
    Comp: $665.96k
  • Ms. Hollie Lamb (Age 47)
    VP of Compliance & GM of the Midland - Texas Office
  • Al Petrie
    Officer of Investor Relations














REI Stock Analysis - Frequently Asked Questions

What is Ring Energy's stock price target for 2024?

0 brokerages have issued 1-year price targets for Ring Energy's stock. Their REI share price targets range from $4.00 to $4.00. On average, they predict the company's stock price to reach $4.00 in the next year. This suggests a possible upside of 142.5% 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 30.1% and is now trading at $1.6497.
View the best growth stocks for 2023 here
.

How were Ring Energy's earnings last quarter?

Ring Energy, Inc. (NYSEAMERICAN:REI) issued its quarterly earnings data on Thursday, November, 2nd. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.01. The firm earned $93.68 million during the quarter, compared to analyst estimates 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 a number of retail and institutional investors. Top institutional shareholders 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 11/28/2023 by MarketBeat.com Staff

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