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Ring Energy Stock Forecast, Price & News

-0.06 (-8.10 %)
(As of 09/23/2020 12:00 AM ET)
Today's Range
Now: $0.68
50-Day Range N/A
52-Week Range
Now: $0.68
Volume482,353 shs
Average Volume1.29 million shs
Market Capitalization$46.26 million
P/E RatioN/A
Dividend YieldN/A
Ring Energy, Inc., an exploration and production company, acquires, explores for, develops, and produces oil and natural gas in Texas and New Mexico. As of December 31, 2019, the company's proved reserves consisted of approximately 81.1 million barrel of oil equivalent. It also had interests in 18,372 net developed acres and 47,427 net undeveloped acres in Andrews and Gaines counties, Texas; 19,138 net developed acres and 860 net undeveloped acres in Culberson and Reeves counties, Texas; and 8,085 net developed acres and 28,514 net undeveloped acres in Gaines, Yoakum, Runnels, and Coke Counties, 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 founded in 2004 and is headquartered in Midland, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.04 out of 5 stars

Industry, Sector and Symbol

Industry Oil & Gas E&P
Phone432 682 7464



Sales & Book Value

Annual SalesN/A



Market Cap$46.26 million
Next Earnings Date11/4/2020 (Estimated)
-0.06 (-8.10 %)
(As of 09/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ring Energy (NYSEAMERICAN:REI) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of Ring Energy?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ring Energy in the last year. There are currently 5 hold ratings 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, November 4th 2020.
View our earnings forecast for Ring Energy

How were Ring Energy's earnings last quarter?

Ring Energy, Inc. (NYSEAMERICAN:REI) released its quarterly earnings data on Monday, May, 11th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.06. The firm had revenue of $39.57 million for the quarter, compared to the consensus estimate of $41.31 million.
View Ring Energy's earnings history

What price target have analysts set for REI?

5 brokerages have issued 1-year price objectives for Ring Energy's shares. Their forecasts range from $1.00 to $2.80. On average, they anticipate Ring Energy's share price to reach $1.60 in the next twelve months. This suggests a possible upside of 135.1% from the stock's current price.
View analysts' price targets for Ring Energy

Who are some of Ring Energy's key 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), Kinder Morgan (KMI), Energy Transfer LP Unit (ET), Gulfport Energy (GPOR), AT&T (T), Intel (INTC), Sorrento Therapeutics (SRNE), WPX Energy (WPX) and Cleveland-Cliffs (CLF).

Who are Ring Energy's key executives?

Ring Energy's management team includes the following people:
  • Mr. Lloyd Timothy Rochford, Co-Founder & Chairman (Age 73, Pay $93k)
  • Mr. Kelly W. Hoffman, CEO & Director (Age 62, Pay $304k)
  • Mr. David A. Fowler, Pres & Director (Age 61, Pay $279k)
  • Mr. Stanley M. McCabe, Co-Founder & Independent Director (Age 87, Pay $58.5k)
  • Mr. William R. Broaddrick, CFO, VP, Corp. Sec. & Treasurer (Age 42, Pay $219.88k)

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 a variety of institutional and retail investors. Top institutional shareholders include Jane Street Group LLC (1.30%), Bridgeway Capital Management Inc. (0.73%), Bank of New York Mellon Corp (0.73%), Principal Financial Group Inc. (0.66%), Principal Financial Group Inc. (0.66%) and Charles Schwab Investment Management Inc. (0.39%). 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 institutional investors are selling Ring Energy stock?

REI stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Principal Financial Group Inc., Goldman Sachs Group Inc., Bank of New York Mellon Corp, Prudential Financial Inc., and Charles Schwab Investment Management Inc..
View insider buying and selling activity for Ring Energy

Which institutional investors are buying Ring Energy stock?

REI stock was bought by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Bridgeway Capital Management Inc., Russell Investments Group Ltd., Eidelman Virant Capital, Sigma Planning Corp, Bank of America Corp DE, and Virtu Financial 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 $0.68.

How big of a company is Ring Energy?

Ring Energy has a market capitalization of $46.26 million. Ring Energy employs 58 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?

The company can be reached via phone at 432 682 7464.

This page was last updated on 9/24/2020 by MarketBeat.com Staff

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