NYSEAMERICAN:REI

Ring Energy (REI) Stock Price, News & Analysis

$2.01
-0.03 (-1.47%)
(As of 03:09 PM ET)
Today's Range
$1.97
$2.03
50-Day Range
N/A
52-Week Range
$1.25
$2.43
Volume
994,738 shs
Average Volume
1.87 million shs
Market Capitalization
$397.84 million
P/E Ratio
3.72
Dividend Yield
N/A
Price Target
N/A
REI stock logo

About Ring Energy Stock (NYSEAMERICAN:REI)

Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 56,711 net developed acres and 2,668 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,751 net developed acres and 12,405 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. 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 incorporated in 2004 and is headquartered in The Woodlands, Texas.

REI Stock Price History

REI Stock News Headlines

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Q4 2023 Ring Energy Inc Earnings Call
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Company Calendar

Last Earnings
3/07/2024
Today
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:REI
Fax
N/A
Employees
108
Year Founded
N/A

Profitability

Net Income
$104.86 million
Pretax Margin
29.08%

Debt

Sales & Book Value

Annual Sales
$361.06 million
Cash Flow
$0.94 per share
Book Value
$4.02 per share

Miscellaneous

Free Float
192,788,000
Market Cap
$391.90 million
Optionable
Not Optionable
Beta
1.76
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REI Stock Analysis - Frequently Asked Questions

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 shares have increased by 44.6% and is now trading at $2.01.
View the best growth stocks for 2024 here
.

How were Ring Energy's earnings last quarter?

Ring Energy, Inc. (NYSEAMERICAN:REI) issued its quarterly earnings results on Thursday, March, 7th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.14 by $0.04. The company 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 490,671 shares of REI stock, representing 0.23% 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 variety of institutional and retail investors. Top institutional shareholders include DGS Capital Management LLC (0.02%) and McAdam LLC (0.01%). 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.

This page (NYSEAMERICAN:REI) was last updated on 4/23/2024 by MarketBeat.com Staff

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