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

$14.65 -0.17 (-1.15 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$14.82
Today's Range$13.90 - $14.65
52-Week Range$9.22 - $16.09
Volume4.47 million shs
Average Volume947,083 shs
Market Capitalization$857.35 million
P/E Ratio131.73
Dividend YieldN/A
Beta0.23

About Ring Energy (NYSEAMERICAN:REI)

Ring Energy logoRing Energy, Inc. (Ring) is an exploration and production company that is engaged in oil and natural gas acquisition, exploration, development and production activities. The Company's exploration and production interests are focused on Texas and Kansas. Its operations are all oil and gas exploration and production related activities in the United States. The Company's primary drilling operations target the Central Basin Platform in Andrews County and Gaines County, Texas, and the Delaware Basin in Reeves County and Culberson County, Texas. As of December 31, 2016, Ring had 53,582 gross (32,663 net) acres in Andrews and Gaines counties and 20,794 gross (20,490 net) acres in Reeves and Culberson counties. The Company also had 14,647 gross (14,549 net) acres in Kansas, as of December 31, 2016. As of December 31, 2016, Ring's proved reserves were approximately 27.7 million barrel of oil equivalent (BOE).

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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 Ratio131.727272727273
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 EPS$0.11
Net IncomeN/A
Net Margins18.47%
Return on Equity3.75%
Return on Assets3.42%

Miscellaneous

EmployeesN/A
Outstanding Shares54,160,000

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) announced its earnings results on Monday, May, 9th. The company reported ($0.50) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.09) by $0.41. The firm had revenue of $6.09 million for the quarter, compared to the consensus estimate of $5.95 million. Ring Energy had a return on equity of 3.75% and a net margin of 18.47%. View Ring Energy's Earnings History.

Where is Ring Energy's stock going? Where will Ring Energy's stock price be in 2018?

8 brokers have issued 12 month target prices for Ring Energy's stock. Their predictions range from $17.00 to $22.00. On average, they anticipate Ring Energy's stock price to reach $19.43 in the next twelve months. 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. " (1/13/2018)
  • 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 in January. As of January 31st, there was short interest totalling 3,440,871 shares, an increase of 4.6% from the January 12th total of 3,605,636 shares. Based on an average daily volume of 323,533 shares, the days-to-cover ratio is presently 10.6 days. Approximately 6.9% of the shares of the 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)

Who owns Ring Energy stock?

Ring Energy's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.34%), Encompass Capital Advisors LLC (4.97%), Vaughan Nelson Investment Management L.P. (3.08%), Phocas Financial Corp. (2.58%), Kennedy Capital Management Inc. (2.18%) and Hodges Capital Management Inc. (1.67%). 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.

Who sold Ring Energy stock? Who is selling Ring Energy stock?

Ring Energy's stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Heartland Advisors Inc., Metropolitan Life Insurance Co. NY, Pembroke Management LTD, Vaughan Nelson Investment Management L.P., Monarch Partners Asset Management LLC, Goldman Sachs Group Inc. and Wells Fargo & Company MN. 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.

Who bought Ring Energy stock? Who is buying Ring Energy stock?

Ring Energy's stock was acquired by a variety of institutional investors in the last quarter, including Financial Advocates Investment Management, Mutual of America Capital Management LLC, Icon Advisers Inc. Co., BlackRock Inc., Ninepoint Partners LP, Perkins Capital Management Inc., Dalton Greiner Hartman Maher & Co. and Driehaus Capital Management LLC. View Insider Buying and Selling for Ring Energy.

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 $14.65.

How big of a company is Ring Energy?

Ring Energy has a market capitalization of $857.35 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:  2.6 out of 5 (star star)
Outperform Votes:  29 (Vote Outperform)
Underperform Votes:  27 (Vote Underperform)
Total Votes:  56
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: 3.003.003.002.88
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $19.43$19.00$18.67$18.86
Price Target Upside: 47.07% upside27.26% upside35.76% upside47.55% 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
2/5/2018B. RileyInitiated CoverageBuy -> Buy$22.00View Rating Details
1/16/2018Roth CapitalSet Price TargetBuy$22.00View Rating Details
1/11/2018KLR GroupInitiated CoverageBuyView Rating Details
12/11/2017Northland SecuritiesSet Price TargetBuy$18.00View Rating Details
11/10/2017SunTrust BanksReiterated RatingBuy$19.00View 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
(Data available from 2/23/2016 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
11/8/2017Q3 2017$0.04$0.06ViewN/AView Earnings Details
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
11/7/2013Q3 2013($0.02)($0.01)ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Ring Energy (NYSEAMERICAN:REI) Earnings Estimates

2018 EPS Consensus Estimate: $0.97
2019 EPS Consensus Estimate: $2.40
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20183$0.15$0.20$0.17
Q2 20183$0.19$0.24$0.22
Q3 20183$0.22$0.30$0.27
Q4 20183$0.23$0.39$0.32
Q1 20191$0.49$0.49$0.49
Q2 20191$0.57$0.57$0.57
Q3 20191$0.64$0.64$0.64
Q4 20191$0.70$0.70$0.70
(Earnings estimates data provided by Zacks Investment Research)

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)
Institutional Ownership by Quarter for Ring Energy (NYSEAMERICAN:REI)

Ring Energy (NYSEAMERICAN REI) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/21/2017William Randall BroaddrickCFOSell75,000$14.02$1,051,500.0050,000View SEC Filing  
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$720,000.0067,546View SEC Filing  
10/14/2015David A FowlerPresidentSell13,000$10.26$133,380.00102,000View 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
Analysts Offer Predictions for Ring Energy Incs Q2 2018 Earnings (REI)Analysts Offer Predictions for Ring Energy Inc's Q2 2018 Earnings (REI)
www.americanbankingnews.com - February 23 at 12:05 PM
Ring Energy, Inc. Announces Common Stock OfferingRing Energy, Inc. Announces Common Stock Offering
finance.yahoo.com - February 22 at 5:36 PM
Ring Energy, Inc. Announces Preliminary 2018 Capital Expenditure Drilling and Operational BudgetRing Energy, Inc. Announces Preliminary 2018 Capital Expenditure Drilling and Operational Budget
finance.yahoo.com - February 20 at 5:45 PM
Ring Energy Inc (REI) Given Average Recommendation of "Buy" by BrokeragesRing Energy Inc (REI) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - February 10 at 5:20 PM
Short Interest in Ring Energy Inc (REI) Decreases By 4.6%Short Interest in Ring Energy Inc (REI) Decreases By 4.6%
www.americanbankingnews.com - February 9 at 6:36 PM
SunTrust Banks Research Analysts Lift Earnings Estimates for Ring Energy Inc (REI)SunTrust Banks Research Analysts Lift Earnings Estimates for Ring Energy Inc (REI)
www.americanbankingnews.com - February 8 at 8:58 AM
Ring Energy Inc to Post FY2017 Earnings of $0.21 Per Share, B. Riley Forecasts (REI)Ring Energy Inc to Post FY2017 Earnings of $0.21 Per Share, B. Riley Forecasts (REI)
www.americanbankingnews.com - February 8 at 8:24 AM
Research Analysts Set Expectations for Ring Energy Incs FY2017 Earnings (REI)Research Analysts Set Expectations for Ring Energy Inc's FY2017 Earnings (REI)
www.americanbankingnews.com - February 8 at 8:24 AM
Ring Energy Inc (REI) Forecasted to Earn FY2019 Earnings of $1.30 Per ShareRing Energy Inc (REI) Forecasted to Earn FY2019 Earnings of $1.30 Per Share
www.americanbankingnews.com - February 7 at 2:04 PM
Capital One Financial Equities Analysts Boost Earnings Estimates for Ring Energy Inc (REI)Capital One Financial Equities Analysts Boost Earnings Estimates for Ring Energy Inc (REI)
www.americanbankingnews.com - February 7 at 8:36 AM
FY2018 EPS Estimates for Ring Energy Inc Lifted by Analyst (REI)FY2018 EPS Estimates for Ring Energy Inc Lifted by Analyst (REI)
www.americanbankingnews.com - January 26 at 11:16 AM
Equities Analysts Issue Forecasts for Ring Energy Incs FY2019 Earnings (REI)Equities Analysts Issue Forecasts for Ring Energy Inc's FY2019 Earnings (REI)
www.americanbankingnews.com - January 25 at 3:10 PM
Ring Energy Inc (REI) Short Interest UpdateRing Energy Inc (REI) Short Interest Update
www.americanbankingnews.com - January 25 at 1:32 AM
Ring Energy Inc (REI) Given Average Rating of "Buy" by BrokeragesRing Energy Inc (REI) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - January 16 at 7:56 PM
Research Analysts Set Expectations for Ring Energy Incs Q3 2018 Earnings (REI)Research Analysts Set Expectations for Ring Energy Inc's Q3 2018 Earnings (REI)
www.americanbankingnews.com - January 15 at 7:12 AM
Ring Energy (REI) Downgraded by Zacks Investment Research to "Hold"Ring Energy (REI) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - January 13 at 6:26 AM
Brokers Issue Forecasts for Ring Energy Incs FY2017 Earnings (REI)Brokers Issue Forecasts for Ring Energy Inc's FY2017 Earnings (REI)
www.americanbankingnews.com - January 12 at 6:52 AM
Ring Energy Inc (REI) to Post FY2017 Earnings of $0.20 Per Share, Imperial Capital ForecastsRing Energy Inc (REI) to Post FY2017 Earnings of $0.20 Per Share, Imperial Capital Forecasts
www.americanbankingnews.com - January 12 at 6:52 AM
Ring Energy Inc (REI) Short Interest Down 11.2% in DecemberRing Energy Inc (REI) Short Interest Down 11.2% in December
www.americanbankingnews.com - January 11 at 1:22 AM
Ultimate Software Group And Other Top Growth StocksUltimate Software Group And Other Top Growth Stocks
finance.yahoo.com - January 10 at 11:09 AM
Ring Energy (REI) Short Interest Down 4.6% in DecemberRing Energy (REI) Short Interest Down 4.6% in December
www.americanbankingnews.com - December 28 at 2:09 AM
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Ring Energy, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of DirectorsSHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Ring Energy, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
finance.yahoo.com - December 27 at 11:58 AM
ETFs with exposure to Ring Energy, Inc. : December 25, 2017ETFs with exposure to Ring Energy, Inc. : December 25, 2017
finance.yahoo.com - December 25 at 4:41 PM
Ring Energy (REI) Given Consensus Rating of "Buy" by BrokeragesRing Energy (REI) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - December 22 at 7:51 PM
Ring Energy (REI) CFO Sells $1,051,500.00 in StockRing Energy (REI) CFO Sells $1,051,500.00 in Stock
www.americanbankingnews.com - December 21 at 8:28 PM
Ring Energy (REI) Coverage Initiated by Analysts at KLR GroupRing Energy (REI) Coverage Initiated by Analysts at KLR Group
www.americanbankingnews.com - December 21 at 8:44 AM
FY2017 EPS Estimates for Ring Energy Lifted by Analyst (REI)FY2017 EPS Estimates for Ring Energy Lifted by Analyst (REI)
www.americanbankingnews.com - December 21 at 8:42 AM
Ring Energy, Inc. breached its 50 day moving average in a Bearish Manner : REI-US : December 18, 2017Ring Energy, Inc. breached its 50 day moving average in a Bearish Manner : REI-US : December 18, 2017
finance.yahoo.com - December 18 at 11:37 AM
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

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Social Media

Financials

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Chart

Ring Energy (NYSEAMERICAN REI) Stock Chart for Friday, February, 23, 2018

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This page was last updated on 2/23/2018 by MarketBeat.com Staff

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