NYSEAMERICAN:REI - Ring Energy Stock Price, News, & Analysis

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$11.41 -0.13 (-1.13 %)
(As of 09/20/2018 02:56 PM ET)
Previous Close$11.65
Today's Range$11.34 - $11.67
52-Week Range$10.11 - $17.35
Volume16,763 shs
Average Volume673,131 shs
Market Capitalization$765.35 million
P/E RatioN/A
Dividend YieldN/A
Beta0.27
Ring Energy logoRing Energy, Inc., an exploration and production company, acquires, explores for, develops, and produces oil and natural gas in Texas, the United States. As of December 31, 2017, the company's proved reserves consisted of approximately 31.9 million barrel of oil equivalent. As of the above date, it also had interests in 8,102 net developed acres and 61,772 net undeveloped acres in Andrews and Gaines counties; and 10,235 net developed acres and 9,682 net undeveloped acres in Culberson and Reeves counties. It 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 founded in 2004 and is headquartered in Midland, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Oil & Gas Drilling & Exploration
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSEAMERICAN:REI
CUSIPN/A
Phone(432) 682-7464

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins18.47%
Return on Equity3.75%
Return on Assets3.42%

Miscellaneous

EmployeesN/A
Outstanding Shares60,390,000
Market Cap$765.35 million

Ring Energy (NYSEAMERICAN:REI) Frequently Asked Questions

What is Ring Energy's stock symbol?

Ring Energy trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "REI."

How were Ring Energy's earnings last quarter?

Ring Energy Inc (NYSEAMERICAN:REI) posted its earnings results on Wednesday, August, 8th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.13 by $0.04. The business earned $29.93 million during the quarter, compared to the consensus estimate of $30.05 million. Ring Energy had a return on equity of 3.75% and a net margin of 18.47%. View Ring Energy's Earnings History.

When is Ring Energy's next earnings date?

Ring Energy is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for Ring Energy.

What price target have analysts set for REI?

6 equities research analysts have issued 1 year price targets for Ring Energy's shares. Their predictions range from $18.00 to $22.00. On average, they anticipate Ring Energy's share price to reach $19.6667 in the next year. This suggests a possible upside of 72.7% from the stock's current price. View Analyst Price Targets for Ring Energy.

What is the consensus analysts' recommendation for Ring Energy?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ring Energy in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ring Energy.

Are investors shorting Ring Energy?

Ring Energy saw a decrease in short interest in August. As of August 31st, there was short interest totalling 7,368,328 shares, a decrease of 3.0% from the August 15th total of 7,595,947 shares. Based on an average daily trading volume, of 395,420 shares, the short-interest ratio is presently 18.6 days. Currently, 13.0% of the company's stock are sold short. View Ring Energy's Current Options Chain.

Who are some of Ring Energy's key competitors?

Who are Ring Energy's key executives?

Ring Energy's management team includes the folowing people:
  • Mr. Kelly W. Hoffman, CEO & Director (Age 60)
  • Mr. David A. Fowler, Pres & Director (Age 59)
  • Mr. William R. Broaddrick, CFO, VP, Corp. Sec. & Treasurer (Age 40)
  • Mr. Daniel D. Wilson, Exec. VP of Operations (Age 57)

Has Ring Energy been receiving favorable news coverage?

News stories about REI stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ring Energy earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Ring Energy.

Who are Ring Energy's major shareholders?

Ring Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.87%), Dimensional Fund Advisors LP (4.84%), Formula Growth Ltd. (4.40%), Cannell Peter B & Co. Inc. (3.77%), Cannell Capital LLC (2.62%) and Chartwell Investment Partners LLC (2.38%). Company insiders that own Ring Energy stock include Daniel D Wilson, David A Fowler, Kelly W Hoffman, Rochford Living Trust Lloyd Ti, Stanley Myron Mccabe and William Randall Broaddrick. View Institutional Ownership Trends for Ring Energy.

Which major investors are selling Ring Energy stock?

REI stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Connor Clark & Lunn Investment Management Ltd., FMR LLC, Hodges Capital Management Inc., AGF Investments Inc., Foundry Partners LLC, Perkins Capital Management Inc. and Fisher Asset Management LLC. Company insiders that have sold Ring Energy company stock in the last year include Daniel D Wilson, David A Fowler, Kelly W Hoffman, Rochford Living Trust Lloyd Ti, Stanley Myron Mccabe and William Randall Broaddrick. View Insider Buying and Selling for Ring Energy.

Which major investors are buying Ring Energy stock?

REI stock was bought by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC, BlackRock Inc., Formula Growth Ltd., Dimensional Fund Advisors LP, Eagle Asset Management Inc., Bank of America Corp DE, Cannell Peter B & Co. Inc. and Monarch Partners Asset Management LLC. View Insider Buying and Selling for Ring Energy.

How do I buy shares of Ring Energy?

Shares of REI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ring Energy's stock price today?

One share of REI stock can currently be purchased for approximately $11.39.

How big of a company is Ring Energy?

Ring Energy has a market capitalization of $765.35 million.

How can I contact Ring Energy?

Ring Energy's mailing address is 6555 S Lewis Ave, TULSA, OK 74136-1010, United States. The company can be reached via phone at (432) 682-7464.


MarketBeat Community Rating for Ring Energy (NYSEAMERICAN REI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  81 (Vote Outperform)
Underperform Votes:  95 (Vote Underperform)
Total Votes:  176
MarketBeat's community ratings are surveys of what our community members think about Ring Energy and other stocks. Vote "Outperform" if you believe REI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe REI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

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