NYSEAMERICAN:REI - Ring Energy Stock Price, Price Target & More

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$12.59 -0.37 (-2.85 %)
(As of 06/19/2018 12:14 PM ET)
Previous Close$12.67
Today's Range$12.58 - $12.99
52-Week Range$10.88 - $17.35
Volume33,387 shs
Average Volume761,447 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

Industry Oil & Gas Drilling & Exploration
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSEAMERICAN:REI
CUSIPN/A
Phone+1-918-4993880

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

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 quarterly earnings results on Tuesday, May, 8th. The company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by $0.04. The business earned $29.89 million during the quarter, compared to the consensus estimate of $29.57 million. Ring Energy had a net margin of 18.47% and a return on equity of 3.75%. View Ring Energy's Earnings History.

What price target have analysts set for REI?

7 analysts have issued 1 year price targets for Ring Energy's stock. Their predictions range from $18.00 to $22.00. On average, they anticipate Ring Energy's stock price to reach $19.4286 in the next year. View Analyst Ratings for Ring Energy.

Are investors shorting Ring Energy?

Ring Energy saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 4,837,339 shares, an increase of 16.3% from the May 15th total of 4,159,691 shares. Based on an average daily volume of 675,066 shares, the days-to-cover ratio is presently 7.2 days. Currently, 8.5% of the company's stock are sold short.

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?

Press coverage about REI stock has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ring Energy earned a news sentiment score of 0.18 on Accern's scale. They also gave news articles about the company an impact score of 46.76 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are Ring Energy's major shareholders?

Ring Energy's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.44%), Royal Bank of Canada (6.52%), Dimensional Fund Advisors LP (3.66%), Cannell Peter B & Co. Inc. (3.21%), Vaughan Nelson Investment Management L.P. (2.62%) and Cannell Capital LLC (2.53%). Company insiders that own Ring Energy stock include Daniel D Wilson, Kelly W Hoffman, Rochford Living Trust Lloyd Ti 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 Cannell Capital LLC, Foundry Partners LLC, Cortina Asset Management LLC, Vaughan Nelson Investment Management L.P., Federated Investors Inc. PA, Employees Retirement System of Texas, Russell Investments Group Ltd. and UBS Group AG. Company insiders that have sold Ring Energy company stock in the last year include Daniel D Wilson, Kelly W Hoffman, Rochford Living Trust Lloyd Ti 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 BlackRock Inc., Cannell Peter B & Co. Inc., Thrivent Financial for Lutherans, Thompson Siegel & Walmsley LLC, Dimensional Fund Advisors LP, Principal Financial Group Inc., Principal Financial Group Inc. and Eagle Asset Management Inc.. 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 $12.69.

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 +1-918-4993880.


MarketBeat Community Rating for Ring Energy (REI)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  54 (Vote Outperform)
Underperform Votes:  46 (Vote Underperform)
Total Votes:  100
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 6/19/2018 by MarketBeat.com Staff

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