Ring Energy Stock Price, News & Analysis (NYSEAMERICAN:REI)

$12.84 -0.44 (-3.31 %)
(As of 12/15/2017 04:00 PM ET)
Previous Close$12.84
Today's Range$12.81 - $13.40
52-Week Range$9.22 - $15.13
Volume639,743 shs
Average Volume346,345 shs
Market Capitalization$695.23 million
P/E RatioN/A
Dividend YieldN/A
Beta0.79

About Ring Energy (NYSEAMERICAN:REI)

Ring Energy logoRing Energy, Inc. acquires, explores for, develops, and produces oil and natural gas in Texas and Kansas, the United States. As of December 31, 2016, its proved reserves consisted of approximately 27.7 million barrel of oil equivalent. The company also owns interests in 32,663 net developed and undeveloped acres in Andrews and Gaines counties, and 20,490 net developed and undeveloped acres in Reeves and Culberson counties, Texas; and 14,549 net developed and undeveloped acres in Kansas. 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.

Receive REI News and Ratings via Email

Sign-up to receive the latest news and ratings for REI and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Oil & Gas Exploration and Production
Sub-IndustryN/A
SectorEnergy
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

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares54,150,000

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 (NYSEAMERICAN:REI) announced its quarterly earnings data on Monday, May, 9th. The company reported ($0.50) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.41. The firm had revenue of $6.09 million for the quarter, compared to analysts' expectations of $5.95 million. View Ring Energy's Earnings History.

Where is Ring Energy's stock going? Where will Ring Energy's stock price be in 2017?

7 analysts have issued 12-month target prices for Ring Energy's shares. Their predictions range from $17.00 to $20.00. On average, they anticipate Ring Energy's stock price to reach $18.33 in the next year. View Analyst Ratings for Ring Energy.

What are Wall Street analysts saying about Ring Energy stock?

Here are some recent quotes from research analysts about Ring Energy stock:

  • 1. According to Zacks Investment Research, "Ring Energy, Inc. is engaged in the exploration and development of oil and gas. The company operates primarily in Texas and Kansas. Ring Energy, Inc. is based in TULSA, United States. " (8/8/2017)
  • 2. Canaccord Genuity analysts commented, "Date and time of first dissemination: April 05, 2017, 18:24 ET Date and time of production: April 05, 2017, 18:24 ET Target Price / Valuation Methodology: Ring Energy – REI We derive our price target using an average of EV/EBITDA and NAV methodologies. By applying an 8.0x multiple to 2018E EBITDA of $96M and averaging that with a ~$19 NAV, we arrive at our $18 price target. Risks to achieving Target Price / Valuation: Ring Energy – REI Volatile commodity prices: Declines in oil, NGL and natural gas prices adversely affect revenues and cash flows. Realized commodity prices could differ meaningfully from our firm’s price deck assumptions." (4/5/2017)

Are investors shorting Ring Energy?

Ring Energy saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 4,410,996 shares, an increase of 8.5% from the November 15th total of 4,063,925 shares. Based on an average daily volume of 317,900 shares, the days-to-cover ratio is currently 13.9 days. Currently, 8.8% 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:

  • Lloyd T. Rochford, Independent Chairman of the Board (Age 71)
  • David A. Fowler, President, Director (Age 59)
  • Kelly Hoffman, Chief Executive Officer, Director (Age 59)
  • William R. Broaddrick, Chief Financial Officer, Vice President, Treasurer, Secretary (Age 40)
  • Daniel D. Wilson, Executive Vice President (Age 56)
  • Stanley M. McCabe, Independent Director (Age 84)
  • Anthony B. Petrelli, Independent Director (Age 65)
  • Clayton E. Woodrum CPA, Independent Director (Age 77)

How do I buy Ring Energy stock?

Shares of Ring Energy 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 Ring Energy stock can currently be purchased for approximately $12.84.

How big of a company is Ring Energy?

Ring Energy has a market capitalization of $695.23 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:  2.5 out of 5 (star star half star)
Outperform Votes:  6 (Vote Outperform)
Underperform Votes:  6 (Vote Underperform)
Total Votes:  12
MarketBeat's community ratings are surveys of what our community members think about Ring Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Ring Energy (NYSEAMERICAN:REI) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.892.892.892.70
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $18.63$18.88$17.63$15.06
Price Target Upside: 39.20% upside37.27% upside37.91% upside27.48% upside

Ring Energy (NYSEAMERICAN:REI) Consensus Price Target History

Price Target History for Ring Energy (NYSEAMERICAN:REI)

Ring Energy (NYSEAMERICAN:REI) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
12/11/2017Northland SecuritiesSet Price TargetBuy$18.00View Rating Details
11/10/2017SunTrust BanksReiterated RatingBuy$19.00View Rating Details
10/6/2017Roth CapitalSet Price TargetBuy$20.00View Rating Details
8/15/2017Imperial CapitalInitiated CoverageOutperform$18.00View Rating Details
4/22/2017Ladenburg Thalmann Financial ServicesReiterated RatingBuy$15.00 -> $17.00View Rating Details
4/5/2017Canaccord GenuityReiterated RatingBuyView Rating Details
12/16/2016StephensInitiated CoverageOverweightView Rating Details
8/29/2016Robert W. BairdReiterated RatingNeutral$24.00View Rating Details
8/29/2016Rodman & RenshawInitiated CoverageBuy$15.00View Rating Details
5/12/2016WunderlichBoost Price TargetBuy$8.00 -> $9.00View Rating Details
2/3/2016GMP SecuritiesReiterated RatingHold$7.00View Rating Details
1/6/2016FBR & CoDowngradeOutperform -> Market Perform$9.00 -> $13.00View Rating Details
(Data available from 12/16/2015 forward)

Earnings

Ring Energy (NYSEAMERICAN:REI) Earnings History and Estimates Chart

Earnings by Quarter for Ring Energy (NYSEAMERICAN:REI)

Ring Energy (NYSEAMERICAN REI) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/8/2017Q2 2017$0.04$0.04$14.20 million$14.50 millionViewListenView Earnings Details
5/9/2017Q1 2017$0.03$0.03$11.47 million$12.24 millionViewListenView Earnings Details
3/15/2017Q4 2016$0.02($0.01)$9.81 million$9.83 millionViewN/AView Earnings Details
11/8/2016Q316($0.01)$0.01$7.99 million$7.82 millionViewListenView Earnings Details
5/9/2016Q116($0.09)($0.50)$5.95 million$6.09 millionViewN/AView Earnings Details
3/15/2016Q415($0.05)($0.05)$7.92 million$7.36 millionViewN/AView Earnings Details
11/9/2015Q315($0.02)($0.04)$9.36 million$8.63 millionViewN/AView Earnings Details
8/10/2015Q215($0.01)$0.02$6.81 million$8.98 millionViewListenView Earnings Details
5/6/2015Q115($0.02)($0.04)$6.18 million$6.05 millionViewN/AView Earnings Details
3/16/2015Q414$0.05$0.10$11.00 million$9.98 millionViewN/AView Earnings Details
11/6/2014$0.12$0.06$12.33 million$10.93 millionViewN/AView Earnings Details
8/8/2014$0.09$0.11$8.76 million$11.20 millionViewN/AView Earnings Details
5/8/2014$0.06$0.05$6.52 million$5.97 millionViewN/AView Earnings Details
3/21/2014$0.04$0.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Ring Energy (NYSEAMERICAN:REI) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Ring Energy (NYSEAMERICAN:REI)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Ring Energy (NYSEAMERICAN REI) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Ring Energy (NYSEAMERICAN:REI)

Ring Energy (NYSEAMERICAN REI) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/5/2017Rochford Living Trust Lloyd TiDirectorSell86,486$14.81$1,280,857.66View SEC Filing  
11/29/2017Kelly W HoffmanCEOSell51,238$13.79$706,572.02View SEC Filing  
11/27/2017Daniel D WilsonInsiderSell50,000$13.77$688,500.00View SEC Filing  
4/19/2017Kelly W HoffmanCEOSell60,000$12.00$720,000.00View SEC Filing  
10/14/2015David A FowlerPresidentSell13,000$10.26$133,380.00View SEC Filing  
4/15/2015David A FowlerPresidentSell10,000$11.59$115,900.00View SEC Filing  
3/24/2015Kelly W HoffmanCEOSell20,000$10.14$202,800.00View SEC Filing  
12/1/2014Rochford Living Trust Lloyd TiDirectorBuy10,000$7.86$78,600.00View SEC Filing  
11/26/2014David A FowlerPresidentBuy1,200$10.84$13,008.00View SEC Filing  
11/26/2014Stanley Myron MccabeDirectorBuy20,000$10.60$212,000.00View SEC Filing  
9/16/2014Kelly W HoffmanCEOBuy1,000$14.94$14,940.00View SEC Filing  
9/16/2014Rochford Living Trust Lloyd TiDirectorBuy10,000$15.15$151,500.00View SEC Filing  
7/2/2014Kelly W HoffmanCEOBuy2,000$17.73$35,460.00View SEC Filing  
6/30/2014Daniel D WilsonEVPBuy5,000$16.64$83,200.00View SEC Filing  
6/30/2014David A FowlerPresidentBuy6,000$16.69$100,140.00View SEC Filing  
4/9/2014David A FowlerPresidentSell15,712$16.35$256,891.20View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Ring Energy (NYSEAMERICAN REI) News Headlines

Source:
DateHeadline
ETFs with exposure to Ring Energy, Inc. : December 14, 2017ETFs with exposure to Ring Energy, Inc. : December 14, 2017
finance.yahoo.com - December 14 at 4:21 PM
Ring Energy, Inc. :REI-US: Earnings Analysis: Q3, 2017 By the Numbers : December 13, 2017Ring Energy, Inc. :REI-US: Earnings Analysis: Q3, 2017 By the Numbers : December 13, 2017
finance.yahoo.com - December 13 at 11:28 AM
Short Interest in Ring Energy (REI) Expands By 8.5%Short Interest in Ring Energy (REI) Expands By 8.5%
www.americanbankingnews.com - December 11 at 8:36 PM
Ring Energy (REI) Stock Rating Reaffirmed by Northland SecuritiesRing Energy (REI) Stock Rating Reaffirmed by Northland Securities
www.americanbankingnews.com - December 11 at 9:52 AM
Best AMEX Growth CompaniesBest AMEX Growth Companies
finance.yahoo.com - December 9 at 3:54 PM
Rochford Living Trust Lloyd Ti Sells 86,486 Shares of Ring Energy (REI) StockRochford Living Trust Lloyd Ti Sells 86,486 Shares of Ring Energy (REI) Stock
www.americanbankingnews.com - December 7 at 8:39 PM
Stocks Pare Losses; A Hopeful Sign For Battered Chips?Stocks Pare Losses; A Hopeful Sign For Battered Chips?
www.nasdaq.com - December 1 at 6:19 PM
Ring Energy (REI) CEO Sells $706,572.02 in StockRing Energy (REI) CEO Sells $706,572.02 in Stock
www.americanbankingnews.com - November 30 at 4:40 PM
Ring Energy (REI) Insider Sells $688,500.00 in StockRing Energy (REI) Insider Sells $688,500.00 in Stock
www.americanbankingnews.com - November 29 at 7:54 PM

SEC Filings

Ring Energy (NYSEAMERICAN:REI) SEC Filings

This page is loading this company's SEC Filings. Please wait...

Social Media

Financials

Financials are not available for this stock.

Chart

Ring Energy (NYSEAMERICAN REI) Stock Chart for Saturday, December, 16, 2017

Loading chart…

This page was last updated on 12/16/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.