NYSEAMERICAN:REIRing Energy Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ring Energy Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.14 -0.05 (-4.20 %) (As of 06/2/2020 04:00 PM ET) Add Compare Share Today's Range$1.06Now: $1.14▼$1.1950-Day Range$1.24MA: $1.63▼$2.1552-Week Range$0.52Now: $1.14▼$3.94Volume718,300 shsAverage Volume1.18 million shsMarket Capitalization$77.49 millionP/E RatioN/ADividend YieldN/ABetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSocial Media Ring 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, 2018, the company's proved reserves consisted of approximately 36.6 million barrel of oil equivalent. As of the above date, it also had interests in 17,408 net developed acres and 58,620 net undeveloped acres in Andrews and Gaines counties; and 19,138 net developed acres and 860 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.Read More Beat the Market (BTM) Rank™ 4.1 Analyst's Opinion Consensus RatingRing Energy has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.36, Ring Energy has a potential upside of 107.0% from its current price of $1.14.Amount of Analyst CoverageRing Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesRing Energy has received 129 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRing Energy has received 170 “underperform” votes. (Add your “underperform” vote.)Community SentimentRing Energy has received 56.86% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldRing Energy does not currently pay a dividend.Dividend GrowthRing Energy does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ring Energy insiders have not sold or bought any company stock. Previous Next 0.0 Earnings and Valuation Previous Next Analyst Opinion: 4.1Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.25 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSEAMERICAN Industry Oil & Gas Drilling & Exploration Sub-IndustryN/A SectorBasic Materials Current SymbolNYSEAMERICAN:REI Previous Symbol CUSIPN/A CIKN/A Webwww.ringenergy.com Phone(432) 682-7464Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/APrice-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 / Cash FlowN/A Book ValueN/A Price / BookN/AProfitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees42 Outstanding Shares67,977,000Market Cap$77.49 million Next Earnings Date8/5/2020 (Estimated) OptionableOptionable AMEX:REI Rates by TradingView 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. Ring Energy (NYSEAMERICAN:REI) Frequently Asked Questions Do Wall Street analysts recommend investors buy shares of Ring Energy? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ring Energy in the last year. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ring Energy. When is Ring Energy's next earnings date? Ring Energy is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Ring Energy. How were Ring Energy's earnings last quarter? Ring Energy Inc (NYSEAMERICAN:REI) released its earnings results on Monday, May, 11th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.05 by $0.06. The company had revenue of $39.57 million for the quarter, compared to analyst estimates of $41.31 million. View Ring Energy's earnings history. What price target have analysts set for REI? 7 Wall Street analysts have issued 1-year price targets for Ring Energy's shares. Their forecasts range from $1.00 to $4.00. On average, they anticipate Ring Energy's share price to reach $2.36 in the next year. This suggests a possible upside of 107.0% from the stock's current price. View analysts' price targets for Ring Energy. Has Ring Energy been receiving favorable news coverage? News stories about REI stock have been trending neutral on Tuesday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ring Energy earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutRing Energy. Are investors shorting Ring Energy? Ring Energy saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 14,040,000 shares, a decrease of 5.3% from the April 15th total of 14,820,000 shares. Based on an average daily trading volume, of 1,140,000 shares, the short-interest ratio is presently 12.3 days. Currently, 29.8% of the company's shares are sold short. View Ring Energy's Current Options Chain. Who are some of Ring Energy's key competitors? Some companies that are related to Ring Energy include Pantheon Resources (PANR), Rockhopper Exploration (RKH), Volga Gas (VGAS), TransAtlantic Petroleum (TAT), BowLeven (BLVN), PetroNeft Resources (PTR), Exillon Energy (EXI), American Sands Energy (AMSE), Arkanova Energy (AKVA) and Rangeford Resources (RGFR). View all competitors. 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), Energy Transfer LP Unit (ET), Kinder Morgan (KMI), Cleveland-Cliffs (CLF), Ford Motor (F), Gulfport Energy (GPOR), Intel (INTC), Earthstone Energy (ESTE) and Gold Standard Ventures (GSV). Who are Ring Energy's key executives? Ring Energy's management team includes the following people: Mr. Lloyd Timothy Rochford, Co-Founder & Chairman (Age 72)Mr. Kelly W. Hoffman, CEO & Director (Age 61)Mr. David A. Fowler, Pres & Director (Age 60)Mr. Stanley M. McCabe, Co-Founder & Director (Age 86)Mr. William R. Broaddrick, CFO, VP, Corp. Sec. & Treasurer (Age 41) What is Ring Energy's stock symbol? Ring Energy trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "REI." Who are Ring Energy's major shareholders? Ring Energy's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.26%), Granahan Investment Management Inc. MA (4.52%), Aristotle Capital Boston LLC (4.50%), Principal Financial Group Inc. (3.03%), State Street Corp (2.77%) and Invesco Ltd. (1.49%). Company insiders that own Ring Energy stock include Anthony Benedict Petrelli, 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 JPMorgan Chase & Co., BlackRock Inc., Parametric Portfolio Associates LLC, Principal Financial Group Inc., Morgan Stanley, Financial Advocates Investment Management, Guggenheim Capital LLC, and UBS Group AG. View insider buying and selling activity 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 Granahan Investment Management Inc. MA, Deutsche Bank AG, State Street Corp, Bank of New York Mellon Corp, Aristotle Capital Boston LLC, Harrell Investment Partners LLC, Geode Capital Management LLC, and Teza Capital Management LLC. Company insiders that have bought Ring Energy stock in the last two years include Anthony Benedict Petrelli, David A Fowler, Kelly W Hoffman, Rochford Living Trust Lloyd Ti, Stanley Myron Mccabe, and William Randall Broaddrick. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Ring Energy's stock price today? One share of REI stock can currently be purchased for approximately $1.14. How big of a company is Ring Energy? Ring Energy has a market capitalization of $77.49 million. Ring Energy employs 42 workers across the globe. What is Ring Energy's official website? The official website for Ring Energy is www.ringenergy.com. 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. This page was last updated on 6/3/2020 by MarketBeat.com Staff
